From dbd0198eafd3d83b3b2e317349911e3ce7346e1c Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 11:22:35 +0000 Subject: [PATCH] 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 --- entities/internet-finance/futardio.md | 1 + .../futuredao-fund-token-migrator.md | 42 +++++++++++++++++++ entities/internet-finance/futuredao.md | 27 ++++++++++++ ...proposal-fund-futuredaos-token-migrator.md | 17 +++++++- 4 files changed, 86 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/futuredao-fund-token-migrator.md create mode 100644 entities/internet-finance/futuredao.md diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..5d161252 100644 --- a/entities/internet-finance/futardio.md +++ b/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." diff --git a/entities/internet-finance/futuredao-fund-token-migrator.md b/entities/internet-finance/futuredao-fund-token-migrator.md new file mode 100644 index 00000000..69bce056 --- /dev/null +++ b/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 diff --git a/entities/internet-finance/futuredao.md b/entities/internet-finance/futuredao.md new file mode 100644 index 00000000..4dff0a97 --- /dev/null +++ b/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 diff --git a/inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md b/inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md index a2546148..df4b3731 100644 --- a/inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md +++ b/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