auto-fix: strip 73 broken wiki links
Pipeline auto-fixer: removed [[ ]] brackets from links that don't resolve to existing claims in the knowledge base.
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@ -11,7 +11,7 @@ source: "MetaDAO Terms of Service, Founder/Operator Legal Pack, inbox research f
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MetaDAO is the platform that makes futarchy governance practical for token launches and ongoing project governance. It is currently the only launchpad where every project gets futarchy governance from day one, and where treasury spending is structurally constrained through conditional markets rather than discretionary team control.
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**What MetaDAO is.** A futarchy-as-a-service platform on Solana. Projects apply, get evaluated via futarchy proposals, raise capital through STAMP agreements, and launch with futarchy governance embedded. Since [[MetaDAOs Cayman SPC houses all launched projects as ring-fenced SegCos under a single entity with MetaDAO LLC as sole Director]], the platform provides both the governance mechanism and the legal chassis.
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**What MetaDAO is.** A futarchy-as-a-service platform on Solana. Projects apply, get evaluated via futarchy proposals, raise capital through STAMP agreements, and launch with futarchy governance embedded. Since MetaDAOs Cayman SPC houses all launched projects as ring-fenced SegCos under a single entity with MetaDAO LLC as sole Director, the platform provides both the governance mechanism and the legal chassis.
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**The entity.** MetaDAO LLC is a Republic of the Marshall Islands DAO limited liability company (852 Lagoon Rd, Majuro, MH 96960). It serves as sole Director of the Futarchy Governance SPC (Cayman Islands). Contact: kollan@metadao.fi. Kollan House (known as "Nallok" on social media) is the key operator.
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@ -28,7 +28,7 @@ MetaDAO is the platform that makes futarchy governance practical for token launc
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**Standard token issuance template:** 10M token base issuance + 2M AMM + 900K Meteora + performance package. Projects customize within this framework.
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**Unruggable ICO model.** MetaDAO's innovation is the "unruggable ICO" -- initial token sales where everyone participates at the same price with no privileged seed or private rounds. Combined with STAMP spending allowances and futarchy governance, this prevents the treasury extraction that killed legacy ICOs. Since [[STAMP replaces SAFE plus token warrant by adding futarchy-governed treasury spending allowances that prevent the extraction problem that killed legacy ICOs]], the investment instrument and governance are designed as a system.
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**Unruggable ICO model.** MetaDAO's innovation is the "unruggable ICO" -- initial token sales where everyone participates at the same price with no privileged seed or private rounds. Combined with STAMP spending allowances and futarchy governance, this prevents the treasury extraction that killed legacy ICOs. Since STAMP replaces SAFE plus token warrant by adding futarchy-governed treasury spending allowances that prevent the extraction problem that killed legacy ICOs, the investment instrument and governance are designed as a system.
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**Ecosystem (launched projects as of early 2026):**
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- **MetaDAO** ($META) — the platform itself
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@ -56,29 +56,29 @@ Raises include: Ranger ($6M minimum, uncapped), Solomon ($102.9M committed, $8M
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**Treasury deployment (Mar 2026).** @oxranga proposed formation of a DAO treasury subcommittee with $150k legal/compliance budget as staged path to deploy the DAO treasury — the first concrete governance proposal to operationalize treasury management with institutional scaffolding.
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**MetaLeX partnership.** Since [[MetaLex BORG structure provides automated legal entity formation for futarchy-governed investment vehicles through Cayman SPC segregated portfolios with on-chain representation]], the go-forward infrastructure automates entity creation. MetaLeX services are "recommended and configured as default" but not mandatory. Economics: $150K advance + 7% of platform fees for 3 years per BORG.
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**MetaLeX partnership.** Since MetaLex BORG structure provides automated legal entity formation for futarchy-governed investment vehicles through Cayman SPC segregated portfolios with on-chain representation, the go-forward infrastructure automates entity creation. MetaLeX services are "recommended and configured as default" but not mandatory. Economics: $150K advance + 7% of platform fees for 3 years per BORG.
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**Institutional validation (Feb 2026).** Theia Capital holds MetaDAO specifically for "prioritizing investors over teams" — identifying this as the competitive moat that creates network effects and switching costs in token launches. Theia describes MetaDAO as addressing "the Token Problem" (the lemon market dynamic in token launches). This is significant because Theia is a rigorous, fundamentals-driven fund using Kelly Criterion sizing and Bayesian updating — not a momentum trader. Their MetaDAO position is a structural bet on the platform's competitive advantage, not a narrative trade. (Source: Theia 2025 Annual Letter, Feb 12 2026)
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**Why MetaDAO matters for Living Capital.** Since [[Living Capital vehicles pair Living Agent domain expertise with futarchy-governed investment to direct capital toward crucial innovations]], MetaDAO is the existing platform where Rio's fund would launch. The entire legal + governance + token infrastructure already exists. The question is not whether to build this from scratch but whether MetaDAO's existing platform serves Living Capital's needs well enough -- or whether modifications are needed.
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**Three-tier dispute resolution:** Protocol decisions via futarchy (on-chain), technical disputes via review panel, legal disputes via JAMS arbitration (Cayman Islands). The layered approach means on-chain governance handles day-to-day decisions while legal mechanisms provide fallback. Since [[MetaDAOs three-layer legal hierarchy separates formation agreements from contractual relationships from regulatory armor with each layer using different enforcement mechanisms]], the governance and legal structures are designed to work together.
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**Three-tier dispute resolution:** Protocol decisions via futarchy (on-chain), technical disputes via review panel, legal disputes via JAMS arbitration (Cayman Islands). The layered approach means on-chain governance handles day-to-day decisions while legal mechanisms provide fallback. Since MetaDAOs three-layer legal hierarchy separates formation agreements from contractual relationships from regulatory armor with each layer using different enforcement mechanisms, the governance and legal structures are designed to work together.
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### Additional Evidence (extend)
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*Source: [[2026-01-01-futardio-launch-mycorealms]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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*Source: 2026-01-01-futardio-launch-mycorealms | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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MycoRealms launch on Futardio demonstrates MetaDAO platform capabilities in production: $125,000 USDC raise with 72-hour permissionless window, automatic treasury deployment if target reached, full refunds if target missed. Launch structure includes 10M ICO tokens (62.9% of supply), 2.9M tokens for liquidity provision (2M on Futarchy AMM, 900K on Meteora pool), with 20% of funds raised ($25K) paired with LP tokens. First physical infrastructure project (mushroom farm) using the platform, extending futarchy governance from digital to real-world operations with measurable outcomes (temperature, humidity, CO2, yield).
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### Additional Evidence (extend)
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*Source: [[2026-03-03-futardio-launch-futardio-cult]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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*Source: 2026-03-03-futardio-launch-futardio-cult | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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Futardio cult launch (2026-03-03 to 2026-03-04) demonstrates MetaDAO's platform supports purely speculative meme coin launches, not just productive ventures. The project raised $11,402,898 against a $50,000 target in under 24 hours (22,706% oversubscription) with stated fund use for 'fan merch, token listings, private events/partys'—consumption rather than productive infrastructure. This extends MetaDAO's demonstrated use cases beyond productive infrastructure (Myco Realms mushroom farm, $125K) to governance-enhanced speculative tokens, suggesting futarchy's anti-rug mechanisms appeal across asset classes.
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### Additional Evidence (extend)
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*Source: [[2026-03-07-futardio-launch-areal]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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*Source: 2026-03-07-futardio-launch-areal | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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(challenge) Areal's failed Futardio launch ($11,654 raised of $50K target, REFUNDING status) demonstrates that futarchy-governed fundraising does not guarantee capital formation success. The mechanism provides credible exit guarantees through market-governed liquidation and governance quality through conditional markets, but market participants still evaluate project fundamentals and team credibility. Futarchy reduces rug risk but does not eliminate market skepticism of unproven business models or early-stage teams.
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@ -91,12 +91,12 @@ MetaDAO ICO platform processed 8 projects from April 2025 to January 2026, raisi
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---
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Relevant Notes:
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- [[MetaDAOs Cayman SPC houses all launched projects as ring-fenced SegCos under a single entity with MetaDAO LLC as sole Director]] -- the legal structure housing all projects
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- MetaDAOs Cayman SPC houses all launched projects as ring-fenced SegCos under a single entity with MetaDAO LLC as sole Director -- the legal structure housing all projects
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- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] -- the governance mechanism
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- [[STAMP replaces SAFE plus token warrant by adding futarchy-governed treasury spending allowances that prevent the extraction problem that killed legacy ICOs]] -- the investment instrument
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- [[MetaLex BORG structure provides automated legal entity formation for futarchy-governed investment vehicles through Cayman SPC segregated portfolios with on-chain representation]] -- the automated legal infrastructure
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- [[MetaDAOs three-layer legal hierarchy separates formation agreements from contractual relationships from regulatory armor with each layer using different enforcement mechanisms]] -- the legal architecture
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- [[two legal paths through MetaDAO create a governance binding spectrum from commercially reasonable efforts to legally binding and determinative]] -- the governance binding options
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- STAMP replaces SAFE plus token warrant by adding futarchy-governed treasury spending allowances that prevent the extraction problem that killed legacy ICOs -- the investment instrument
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- MetaLex BORG structure provides automated legal entity formation for futarchy-governed investment vehicles through Cayman SPC segregated portfolios with on-chain representation -- the automated legal infrastructure
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- MetaDAOs three-layer legal hierarchy separates formation agreements from contractual relationships from regulatory armor with each layer using different enforcement mechanisms -- the legal architecture
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- two legal paths through MetaDAO create a governance binding spectrum from commercially reasonable efforts to legally binding and determinative -- the governance binding options
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- [[Living Capital vehicles pair Living Agent domain expertise with futarchy-governed investment to direct capital toward crucial innovations]] -- why MetaDAO matters for Living Capital
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Topics:
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@ -38,13 +38,13 @@ The "Claude Code founders" framing is significant. The solo AI-native builder
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### Additional Evidence (confirm)
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*Source: [[2026-01-01-futardio-launch-mycorealms]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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*Source: 2026-01-01-futardio-launch-mycorealms | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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MycoRealms demonstrates 72-hour permissionless raise window on Futardio for $125,000 USDC with automatic deployment: if target reached, treasury/spending limits/liquidity deploy automatically; if target missed, full refunds execute automatically. No gatekeepers, no due diligence bottleneck — market pricing determines success. This compresses what would traditionally be a multi-month fundraising process (pitch deck preparation, investor meetings, term sheet negotiation, legal documentation, wire transfers) into a 3-day permissionless window. Notably, this includes physical infrastructure (mushroom farm) not just digital projects.
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### Additional Evidence (confirm)
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*Source: [[2026-03-03-futardio-launch-futardio-cult]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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*Source: 2026-03-03-futardio-launch-futardio-cult | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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Futardio cult raised $11.4M in under 24 hours through MetaDAO's futarchy platform (launched 2026-03-03, closed 2026-03-04), confirming sub-day fundraising timelines for futarchy-governed launches. This provides concrete timing data supporting the compression thesis: traditional meme coin launches through centralized platforms typically require days to weeks for comparable capital formation.
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@ -33,11 +33,11 @@ The source presents no failure cases despite eight ICOs, which suggests either s
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---
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Relevant Notes:
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- [[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]]
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- [[ownership coins primary value proposition is investor protection not governance quality because anti-rug enforcement through market-governed liquidation creates credible exit guarantees that no amount of decision optimization can match.md]]
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- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md]]
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- [[futarchy-enables-conditional-ownership-coins.md]]
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- 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
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- ownership coins primary value proposition is investor protection not governance quality because anti-rug enforcement through market-governed liquidation creates credible exit guarantees that no amount of decision optimization can match.md
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- internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md
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- futarchy-enables-conditional-ownership-coins.md
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Topics:
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- [[domains/internet-finance/_map]]
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- [[core/mechanisms/_map]]
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- domains/internet-finance/_map
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- core/mechanisms/_map
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@ -38,7 +38,7 @@ Proph3t's other framing reinforces this: he distinguishes "market oversight" fro
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### Additional Evidence (extend)
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*Source: [[2026-03-03-futardio-launch-futardio-cult]] | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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*Source: 2026-03-03-futardio-launch-futardio-cult | Added: 2026-03-11 | Extractor: anthropic/claude-sonnet-4.5*
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Futardio cult's $11.4M raise against $50,000 target with stated use of funds for 'fan merch, token listings, private events/partys' (consumption rather than productive investment) tests whether futarchy's anti-rug mechanisms provide credible investor protection even when projects explicitly commit to non-productive spending. The 22,706% oversubscription suggests market confidence in futarchy-governed liquidation rights extends beyond traditional venture scenarios to purely speculative assets where fundamental value analysis is minimal, indicating investor protection mechanisms are the primary value driver regardless of governance quality or asset type.
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@ -31,10 +31,10 @@ The lower volatility in recent launches could reflect declining speculative inte
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---
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Relevant Notes:
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- [[dutch-auction dynamic bonding curves solve the token launch pricing problem by tying descending prices to ascending supply curves eliminating instantaneous arbitrage.md]] (claim pending)
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- [[optimal governance requires mixing mechanisms because different decisions have different manipulation risk profiles.md]]
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- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md]]
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- dutch-auction dynamic bonding curves solve the token launch pricing problem by tying descending prices to ascending supply curves eliminating instantaneous arbitrage.md (claim pending)
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- optimal governance requires mixing mechanisms because different decisions have different manipulation risk profiles.md
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- internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md
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Topics:
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- [[domains/internet-finance/_map]]
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- [[core/mechanisms/_map]]
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- domains/internet-finance/_map
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- core/mechanisms/_map
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@ -9,7 +9,7 @@ status: active
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tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-11
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parent: "[[futardio]]"
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parent: "futardio"
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category: "Distributed internet banking infrastructure (Solana)"
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stage: growth
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funding: "$3.5M raised via Futardio ICO"
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@ -35,13 +35,13 @@ Distributed internet banking infrastructure — onchain credit scoring, spend ca
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- **2026-01-00** — Performance update: reached 21x peak return, currently trading at ~7x from ICO price
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## Relationship to KB
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- [[futardio]] — launched on Futardio platform
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- futardio — launched on Futardio platform
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- [[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
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---
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Relevant Entities:
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- [[futardio]] — launch platform
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- futardio — launch platform
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- [[metadao]] — parent ecosystem
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Topics:
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@ -10,7 +10,7 @@ status: active
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tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-11
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parent: "[[futardio]]"
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parent: "futardio"
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category: "Decentralized private AI intelligence protocol (Solana)"
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stage: growth
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funding: "$2.5M raised via Futardio ICO"
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@ -36,13 +36,13 @@ Open source, decentralized, censorship-resistant intelligence protocol. Private
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- **2026-01-00** — ICO performance: maximum 30% drawdown from launch price
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## Relationship to KB
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- [[futardio]] — launched on Futardio platform
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- futardio — launched on Futardio platform
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- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] — 4-day raise window confirms compression
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---
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Relevant Entities:
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- [[futardio]] — launch platform
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- futardio — launch platform
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- [[metadao]] — parent ecosystem
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Topics:
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@ -10,7 +10,7 @@ tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-11
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founded: 2023-01-01
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founders: ["[[proph3t]]"]
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founders: ["proph3t"]
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category: "Futarchy governance protocol + ownership coin launchpad (Solana)"
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stage: growth
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key_metrics:
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ecosystem_launches: "45 (via Futardio)"
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futarchic_amm_lp_share: "~20% of each project's token supply"
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proposal_volume: "$3.6M Q4 2025 (up from $205K in Q3)"
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competitors: ["[[snapshot]]", "[[tally]]"]
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competitors: ["snapshot", "tally"]
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built_on: ["Solana"]
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tags: ["futarchy", "decision-markets", "ownership-coins", "governance", "launchpad"]
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---
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@ -53,21 +53,21 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2026-03** — Ranger liquidation proposal; treasury subcommittee formation
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- **2026-03** — Pine Analytics Q4 2025 quarterly report published
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- **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2024-02-18** — metadao-otc-trade-pantera-capital failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
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- **2026-01-00** — ICO platform metrics (April 2025-January 2026): 8 projects raised $25.6M against $390M committed demand (15x oversubscription); $57.3M Assets Under Futarchy; $300M trading volume generating $1.5M platform fees
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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| 2024-03-03 | [[metadao-burn-993-percent-meta]] | doctor.sol & rar3 | Treasury | Passed |
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| 2024-03-13 | [[metadao-develop-faas]] | 0xNallok | Strategy | Passed |
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| 2024-03-28 | [[metadao-migrate-autocrat-v02]] | HenryE & Proph3t | Mechanism | Passed |
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| 2024-05-27 | [[metadao-compensation-proph3t-nallok]] | Proph3t & Nallok | Hiring | Passed |
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| 2024-06-26 | [[metadao-fundraise-2]] | Proph3t | Fundraise | Passed |
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| 2024-11-21 | [[metadao-create-futardio]] | unknown | Strategy | Failed |
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| 2025-01-28 | [[metadao-token-split-elastic-supply]] | @aradtski | Mechanism | Failed |
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| 2025-02-10 | [[metadao-hire-robin-hanson]] | Proph3t | Hiring | Passed |
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| 2025-02-26 | [[metadao-release-launchpad]] | Proph3t & Kollan | Strategy | Passed |
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| 2025-08-07 | [[metadao-migrate-meta-token]] | Proph3t & Kollan | Mechanism | Passed |
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| 2024-03-03 | metadao-burn-993-percent-meta | doctor.sol & rar3 | Treasury | Passed |
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| 2024-03-13 | metadao-develop-faas | 0xNallok | Strategy | Passed |
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| 2024-03-28 | metadao-migrate-autocrat-v02 | HenryE & Proph3t | Mechanism | Passed |
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| 2024-05-27 | metadao-compensation-proph3t-nallok | Proph3t & Nallok | Hiring | Passed |
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| 2024-06-26 | metadao-fundraise-2 | Proph3t | Fundraise | Passed |
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| 2024-11-21 | metadao-create-futardio | unknown | Strategy | Failed |
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| 2025-01-28 | metadao-token-split-elastic-supply | @aradtski | Mechanism | Failed |
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| 2025-02-10 | metadao-hire-robin-hanson | Proph3t | Hiring | Passed |
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| 2025-02-26 | metadao-release-launchpad | Proph3t & Kollan | Strategy | Passed |
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| 2025-08-07 | metadao-migrate-meta-token | Proph3t & Kollan | Mechanism | Passed |
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## Competitive Position
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- **First mover** in futarchy-governed organizations at scale
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@ -93,15 +93,15 @@ MetaDAO is the platform bet on futarchy as a governance mechanism. If decision m
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- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] — mechanism description
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- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — known limitation
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- [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility]] — active design challenge
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- [[DAO governance degenerates into political capture because proposal processes select for coalition-building skill over operational competence and the resulting bureaucracy creates structural speed disadvantages against focused competitors]] — the problem MetaDAO solves
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- DAO governance degenerates into political capture because proposal processes select for coalition-building skill over operational competence and the resulting bureaucracy creates structural speed disadvantages against focused competitors — the problem MetaDAO solves
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---
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Relevant Entities:
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- [[omnipair]] — leverage infrastructure for ecosystem
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- [[proph3t]] — founder
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- proph3t — founder
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- [[solomon]] — ecosystem launch
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- [[futardio]] — launch platform
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- futardio — launch platform
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Topics:
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- [[internet finance and decision markets]]
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@ -10,9 +10,9 @@ tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-11
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||||
founded: 2025-01-01
|
||||
founders: ["[[rakka]]"]
|
||||
founders: ["rakka"]
|
||||
category: "Combined AMM + lending protocol (Solana)"
|
||||
parent: "[[futardio]]"
|
||||
parent: "futardio"
|
||||
stage: seed
|
||||
market_cap: "$2-3M (as of ~2026-02-25)"
|
||||
ico_raise: "$1.1M (July 2025 via MetaDAO)"
|
||||
|
|
@ -25,7 +25,7 @@ key_metrics:
|
|||
volume_tvl_ratio: "~0.8x monthly, trending toward 1x"
|
||||
borrow_rate: "1% annualized (conservative rate controller defaults)"
|
||||
team_size: "6"
|
||||
competitors: ["[[raydium]]", "[[meteora]]", "[[drift]]"]
|
||||
competitors: ["raydium", "meteora", "drift"]
|
||||
built_on: ["Solana"]
|
||||
tags: ["futarchy-ecosystem", "metadao", "leverage", "amm", "lending"]
|
||||
---
|
||||
|
|
@ -88,10 +88,10 @@ OmniPair is a leveraged bet on MetaDAO ecosystem growth. If futarchic governance
|
|||
|
||||
Relevant Entities:
|
||||
- [[metadao]] — platform / ecosystem
|
||||
- [[rakka]] — founder
|
||||
- [[raydium]] — AMM competitor
|
||||
- [[meteora]] — AMM competitor
|
||||
- [[drift]] — future leverage competitor
|
||||
- rakka — founder
|
||||
- raydium — AMM competitor
|
||||
- meteora — AMM competitor
|
||||
- drift — future leverage competitor
|
||||
|
||||
Topics:
|
||||
- [[internet finance and decision markets]]
|
||||
|
|
|
|||
|
|
@ -9,7 +9,7 @@ status: active
|
|||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
last_updated: 2026-03-11
|
||||
parent: "[[futardio]]"
|
||||
parent: "futardio"
|
||||
category: "Liquidity optimization protocol (Solana)"
|
||||
stage: growth
|
||||
funding: "$750K raised via Futardio ICO"
|
||||
|
|
@ -35,12 +35,12 @@ Modular Solana protocol unifying peer-to-peer lending, leveraged liquidity provi
|
|||
|
||||
- **2026-01-00** — ICO performance: maximum 30% drawdown from launch price
|
||||
## Relationship to KB
|
||||
- [[futardio]] — launched on Futardio platform
|
||||
- futardio — launched on Futardio platform
|
||||
|
||||
---
|
||||
|
||||
Relevant Entities:
|
||||
- [[futardio]] — launch platform
|
||||
- futardio — launch platform
|
||||
- [[metadao]] — parent ecosystem
|
||||
|
||||
Topics:
|
||||
|
|
|
|||
|
|
@ -10,7 +10,7 @@ created: 2026-03-11
|
|||
last_updated: 2026-03-11
|
||||
founded: 2026-01-06
|
||||
category: "Perps aggregator / DEX aggregation (Solana/Hyperliquid)"
|
||||
parent: "[[futardio]]"
|
||||
parent: "futardio"
|
||||
stage: declining
|
||||
key_metrics:
|
||||
raise: "$8M raised ($86.4M committed — 14x oversubscription)"
|
||||
|
|
@ -63,7 +63,7 @@ Key questions this case answers:
|
|||
|
||||
Relevant Entities:
|
||||
- [[metadao]] — parent platform
|
||||
- [[futardio]] — launch mechanism
|
||||
- futardio — launch mechanism
|
||||
|
||||
Topics:
|
||||
- [[internet finance and decision markets]]
|
||||
|
|
|
|||
|
|
@ -11,7 +11,7 @@ last_updated: 2026-03-11
|
|||
founded: 2025-11-14
|
||||
founders: ["Ranga (@oxranga)"]
|
||||
category: "Futardio-launched ownership coin with active futarchy governance (Solana)"
|
||||
parent: "[[futardio]]"
|
||||
parent: "futardio"
|
||||
stage: early
|
||||
key_metrics:
|
||||
raise: "$8M raised ($103M committed — 13x oversubscription)"
|
||||
|
|
@ -58,7 +58,7 @@ Solomon validates the ownership coin model: futarchy governance + permissionless
|
|||
|
||||
Relevant Entities:
|
||||
- [[metadao]] — parent platform
|
||||
- [[futardio]] — launch mechanism
|
||||
- futardio — launch mechanism
|
||||
|
||||
Topics:
|
||||
- [[internet finance and decision markets]]
|
||||
|
|
|
|||
|
|
@ -9,7 +9,7 @@ status: active
|
|||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
last_updated: 2026-03-11
|
||||
parent: "[[futardio]]"
|
||||
parent: "futardio"
|
||||
category: "Privacy protocol (Solana)"
|
||||
stage: growth
|
||||
funding: "$3M raised via Futardio ICO"
|
||||
|
|
@ -35,13 +35,13 @@ Privacy protocol for confidential swaps and transfers on Solana, built on Arcium
|
|||
|
||||
- **2026-01-00** — ICO demonstrated strongest demand signal: $154M committed for $3M raise (51x oversubscription); reached 8x peak return, currently trading at ~3x
|
||||
## Relationship to KB
|
||||
- [[futardio]] — launched on Futardio platform (first launch)
|
||||
- futardio — launched on Futardio platform (first launch)
|
||||
- [[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]] — evidence for platform operational capacity
|
||||
|
||||
---
|
||||
|
||||
Relevant Entities:
|
||||
- [[futardio]] — launch platform
|
||||
- futardio — launch platform
|
||||
- [[metadao]] — parent ecosystem
|
||||
|
||||
Topics:
|
||||
|
|
|
|||
|
|
@ -9,7 +9,7 @@ status: active
|
|||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
last_updated: 2026-03-11
|
||||
parent: "[[futardio]]"
|
||||
parent: "futardio"
|
||||
category: "LST-based privacy mixer (Solana)"
|
||||
stage: growth
|
||||
funding: "Raised via Futardio ICO (target $300K)"
|
||||
|
|
@ -34,12 +34,12 @@ Zero-Knowledge Liquid Staking on Solana. Privacy mixer that converts deposited S
|
|||
|
||||
- **2026-01-00** — ICO performance: maximum 30% drawdown from launch price
|
||||
## Relationship to KB
|
||||
- [[futardio]] — launched on Futardio platform
|
||||
- futardio — launched on Futardio platform
|
||||
|
||||
---
|
||||
|
||||
Relevant Entities:
|
||||
- [[futardio]] — launch platform
|
||||
- futardio — launch platform
|
||||
- [[metadao]] — parent ecosystem
|
||||
|
||||
Topics:
|
||||
|
|
|
|||
|
|
@ -47,7 +47,7 @@ Comprehensive analysis of MetaDAO's ICO platform from April 2025 through January
|
|||
**Why this matters:** This is the strongest empirical dataset for ownership coins and MetaDAO's ICO model. 15x oversubscription proves capital demand for futarchy-governed structures. The performance data (multi-x returns, stabilizing drawdowns on newer launches) validates the unruggable ICO thesis.
|
||||
**What surprised me:** The convergence toward lower volatility in recent launches. If the pro-rata model creates consistent fair pricing, this challenges the need for the Dutch-auction bonding curves we have claims about.
|
||||
**What I expected but didn't find:** Failure cases. With 8 ICOs, at least one should have underperformed significantly. The article is bullish-only, which is a red flag for balanced analysis. Need to find counter-evidence separately.
|
||||
**KB connections:** Directly strengthens [[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]]. Performance data validates [[ownership coins primary value proposition is investor protection not governance quality]]. The $390M demand validates [[internet capital markets compress fundraising from months to days]].
|
||||
**KB connections:** Directly strengthens [[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]]. Performance data validates ownership coins primary value proposition is investor protection not governance quality. The $390M demand validates internet capital markets compress fundraising from months to days.
|
||||
**Extraction hints:** Key data points for updating existing claims: the $25.6M/$390M demand ratio, $57.3M AUF figure, individual project returns. Also potential new claim about pro-rata subscription model creating fair but capital-inefficient allocation.
|
||||
**Context:** Alea Research is a Solana ecosystem research outfit. This is likely the most comprehensive public analysis of MetaDAO ICO performance available.
|
||||
|
||||
|
|
|
|||
Loading…
Reference in a new issue