rio: extract from 2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md

- Source: inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/futardio.md

@@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 
 - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
 - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
+- **2024-06-05** — [[futuredao-fund-token-migrator]] passed: FutureDAO approved $12K budget for token migration tool targeting abandoned projects
 ## Competitive Position
 - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
 - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."

entities/internet-finance/futuredao-fund-token-migrator.md

@@ -0,0 +1,42 @@
+---
+type: entity
+entity_type: decision_market
+name: "FutureDAO: Fund FutureDAO's Token Migrator"
+domain: internet-finance
+status: passed
+parent_entity: "[[futuredao]]"
+platform: futardio
+proposal_url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6"
+proposal_date: 2024-06-05
+resolution_date: 2024-06-08
+category: mechanism
+summary: "Approved $12K USDC budget to develop decentralized token migration tool for abandoned projects"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# FutureDAO: Fund FutureDAO's Token Migrator
+
+## Summary
+
+Approved the development and launch of FutureDAO's Token Migrator, a decentralized on-chain tool facilitating seamless transitions from one token to another. The tool targets communities abandoned by developers, rugged projects, and poorly managed tokens, using a 60% presale threshold to determine migration success. Budget allocated $6K for tool development and $6K for smart contract security audits.
+
+## Market Data
+
+- **Outcome:** Passed
+- **Proposal Date:** 2024-06-05
+- **Resolution Date:** 2024-06-08
+- **Budget:** $12,000 USDC ($6K development, $6K audits)
+- **Proposal Account:** BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6
+
+## Significance
+
+This proposal established FutureDAO's core product and revenue model. The token migrator creates a new category of futarchy-adjacent governance: community-led rescue missions for abandoned projects. The 60% presale threshold functions as a market-based viability test, with automatic unwinding if the threshold is not met. All migration fees flow to Champions NFT holders via SPL-404 staking, creating a revenue distribution model that separates DAO treasury from NFT holder rewards.
+
+The tool was born from FutureDAO's own experience taking over $MERTD after a rug pull, making this a case of a community building infrastructure to solve the problem they personally faced.
+
+## Relationship to KB
+
+- [[futuredao]] — core governance decision establishing primary product
+- [[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]] — FutureDAO extends MetaDAO's unruggable ICO concept to post-launch rescue scenarios
+- [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] — Revenue distribution mechanism for Champions NFT holders

entities/internet-finance/futuredao.md

@@ -0,0 +1,27 @@
+---
+type: entity
+entity_type: company
+name: FutureDAO
+domain: internet-finance
+status: active
+platform: Solana
+governance_model: futarchy
+parent_platform: "[[metadao]]"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# FutureDAO
+
+FutureDAO is a market-governed decentralized organization building the Future Protocol for community-led token migrations. The DAO operates on MetaDAO's futarchy infrastructure and developed the first decentralized on-chain token migration tool targeting abandoned, rugged, or poorly managed projects. FutureDAO itself emerged from a community takeover of $MERTD after the original team rugged.
+
+## Timeline
+
+- **2024-06-05** — [[futuredao-fund-token-migrator]] passed: Approved $12K USDC budget for token migrator development ($6K tool, $6K audits)
+- **2024-06-08** — Token Migrator proposal completed, establishing tiered fee structure (2%/1.5%/1% based on FDMC) with all revenue to Champions NFT holders
+
+## Relationship to KB
+
+- [[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]] — FutureDAO operates on MetaDAO's futarchy infrastructure
+- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — Token migrator extends this concept to post-launch rescue scenarios
+- [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] — Uses SPL-404 for Champions NFT revenue distribution

inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md

@@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY
 date: 2024-06-05
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
+processed_by: rio
+processed_date: 2026-03-11
+enrichments_applied: ["futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md", "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"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Extracted two mechanism claims about token migration protocol and SPL-404 revenue distribution. Created FutureDAO entity and decision_market entity for the proposal. Enriched existing claims about futarchy-governed meme coins and MetaDAO's unruggable ICO concept. Source contains significant mechanism design detail around migration thresholds and fee structures. The 60% presale threshold is a novel market-based viability test for community takeovers."
 ---
 
 ## Proposal Details
@@ -166,3 +171,13 @@ For more detailed information, you can visit the [Future DAO Gitbook](https://fu
 - Autocrat version: 0.3
 - Completed: 2024-06-08
 - Ended: 2024-06-08
+
+
+## Key Facts
+- FutureDAO Token Migrator proposal passed 2024-06-08 with $12K USDC budget
+- 60% presale threshold determines migration success vs. unwinding
+- Tiered fee structure: 2% (<$1M FDMC), 1.5% (<$5M), 1% (<$20M)
+- All fees distributed to Champions NFT holders via SPL-404 staking
+- Projected $270K first-year revenue from 8 migrations
+- Market analysis cited 27 meme coin presales on Solana in prior 12 months
+- FutureDAO emerged from $MERTD community takeover after rug pull