rio: extract from 2026-00-00-crypto-trends-lessons-2026-ownership-coins.md

- Source: inbox/archive/2026-00-00-crypto-trends-lessons-2026-ownership-coins.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/avici.md

@@ -33,6 +33,7 @@ Distributed internet banking infrastructure — onchain credit scoring, spend ca
 - **2025-10-14** — Futardio launch opens ($2M target)
 - **2025-10-18** — Launch closes. $3.5M raised.
 
+- **2026-00-00** — Demonstrated 4.7% holder churn during 65% drawdown (lost only 600 of 12,752 holders), cited as evidence of genuine community ownership versus speculative holding in 2026 crypto trends analysis
 ## Relationship to KB
 - [[futardio]] — launched on Futardio platform
 - [[cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face]] — test case for banking-focused crypto raising via permissionless ICO

entities/internet-finance/metadao.md

@@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
 - **2026-03** — Pine Analytics Q4 2025 quarterly report published
 
 - **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
+- **2026-00-00** — Multiple crypto research outlets (KuCoin, TechFlow, Bitget, Followin) identified MetaDAO as quality differentiator in 2026 trends analysis, citing 100% above-ICO survival rate versus Pump.fun's <0.5% as evidence of futarchy curation effectiveness
 ## Key Decisions
 | Date | Proposal | Proposer | Category | Outcome |
 |------|----------|----------|----------|---------|

entities/internet-finance/metaplex-genesis.md

@@ -0,0 +1,26 @@
+---
+type: entity
+entity_type: company
+name: Metaplex Genesis
+domain: internet-finance
+status: declining
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  q3_launches: "5"
+  q3_volume: "$7.53M"
+  q4_launches: "3"
+  q4_volume: "$5.4M"
+---
+
+# Metaplex Genesis
+
+Metaplex Genesis is a curated token launchpad on Solana that has shown declining activity, with launches falling from 5 projects/$7.53M in Q3 to 3 projects/$5.4M in Q4. Represents the middle ground between Pump.fun's permissionless volume and MetaDAO's futarchy-governed curation.
+
+## Timeline
+- **2026-Q3** — Launched 5 projects raising $7.53M total
+- **2026-Q4** — Declined to 3 launches raising $5.4M, showing -40% launch count and -28% volume quarter-over-quarter
+
+## Relationship to KB
+- Part of the Solana launchpad competitive landscape alongside Pump.fun (permissionless) and MetaDAO (futarchy-governed)
+- Declining trajectory suggests curated-but-not-futarchy approach may be losing market position

inbox/archive/2026-00-00-crypto-trends-lessons-2026-ownership-coins.md

@@ -7,9 +7,14 @@ date: 2026-00-00
 domain: internet-finance
 secondary_domains: []
 format: article
-status: unprocessed
+status: processed
 priority: medium
 tags: [ownership-coins, crypto-trends, 2026, metadao, narrative]
+processed_by: rio
+processed_date: 2026-03-11
+enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Strong comparative evidence for futarchy curation quality (200x survival rate difference). Ownership coin narrative entering mainstream institutional vocabulary. Created new entities for Pump.fun, Metaplex Genesis, and Galaxy Digital as significant comparative/validation actors. AVICI holder retention data provides evidence for community ownership dynamics."
 ---
 
 ## Content
@@ -41,3 +46,12 @@ Multiple crypto research outlets identified ownership coins as a major investmen
 PRIMARY CONNECTION: [[Community ownership accelerates growth through aligned evangelism not passive holding]]
 WHY ARCHIVED: Ownership coin narrative going mainstream is a meaningful signal. Pump.fun comparison (<0.5% vs 100% survival) is the strongest comparative data for futarchy curation quality.
 EXTRACTION HINT: Focus on (1) Pump.fun vs MetaDAO survival rates as futarchy curation evidence, (2) institutional narrative adoption (Galaxy Digital) as validation signal.
+
+
+## Key Facts
+- Pump.fun: $700M+ revenue, 11M+ tokens launched, 70% of Solana launches, <0.5% 30-day survival rate
+- MetaDAO: 100% of launches above ICO price
+- Metaplex Genesis: declined from 5 launches/$7.53M in Q3 to 3 launches/$5.4M in Q4
+- AVICI: 4.7% holder churn during 65% drawdown (600 of 12,752 holders)
+- Galaxy Digital framing: ownership coins combine 'economic, legal, and governance rights in one asset'
+- 2026 prediction: at least one ownership coin project surpasses $1B market cap