diff --git a/entities/internet-finance/futuredao.md b/entities/internet-finance/futuredao.md new file mode 100644 index 000000000..c856dbac8 --- /dev/null +++ b/entities/internet-finance/futuredao.md @@ -0,0 +1,49 @@ +--- +type: entity +entity_type: company +name: "FutureDAO" +domain: internet-finance +status: active +platform: "MetaDAO/Futardio" +founded: 2024 +tracked_by: rio +created: 2026-03-11 +--- + +# FutureDAO + +## Overview + +FutureDAO is a market-governed decentralized organization building the Future Protocol, an on-chain token migration tool for communities abandoned by developers or seeking to launch new tokens. The organization operates on MetaDAO's futarchy infrastructure and positions itself as enabling communities to "safeguard and amplify value" through structured migration processes. + +## Timeline + +- **2024-06-05** — [[futuredao-fund-token-migrator]] proposed: $12,000 USDC budget for token migration tool development and security audits +- **2024-06-08** — Token Migrator proposal passed, authorizing development of migration dApp on Solana + +- **2024-06-05** — [[futuredao-fund-token-migrator]] proposed: $12,000 USDC budget for token migration tool development +- **2024-06-08** — [[futuredao-fund-token-migrator]] passed: Token Migrator development and security audits approved +## Relationship to KB + +- [[MetaDAO]] — governance infrastructure provider +- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — organizational structure pattern +- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — governance mechanism context + +## Key Metrics + +- **Initial Budget:** $12,000 USDC ($6K development, $6K security audits) +- **Revenue Model:** Fee-based on migrating project market cap (1-2% of new token supply) +- **First Year Projection:** $270K revenue from 8 migrations (self-reported, unverified) +- **Fee Structure:** + - <$1M FDMC: 2% fee + - <$5M FDMC: 1.5% fee + - <$20M FDMC: 1% fee + +## Products + +- **Future Protocol Token Migrator:** On-chain tool for community-driven token migrations with futarchy-governed success thresholds (60% presale raise requirement) +- **Future Champions NFTs:** Staked NFT holders receive migration fee revenue (SPL-404 standard) + +## Notes + +FutureDAO's token migrator implements a novel success/failure mechanism where migrations require 60% presale completion to execute, otherwise all funds return to participants and new tokens are burned. The organization explicitly states "FutureDAO does not benefit monetarily from these token migrations" — all fees flow to Champions NFT holders, creating separation between governance entity and revenue capture. \ No newline at end of file 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 a25461486..b19f3891c 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 +6,13 @@ 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 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Extracted FutureDAO as new entity and created decision_market entity for the token migrator funding proposal. No novel claims extracted — the proposal describes a product development budget and revenue model but does not make arguable assertions about futarchy mechanisms, governance patterns, or market dynamics beyond what existing claims already cover. The 60% presale threshold is an interesting mechanism design choice but represents a single implementation decision rather than a generalizable claim about governance or markets. Key factual data preserved in source archive for reference." --- ## Proposal Details @@ -166,3 +170,13 @@ 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 budget: $12,000 USDC ($6K dev, $6K audits) +- Migration success threshold: 60% presale completion +- Fee structure: 1-2% of new token supply based on FDMC tiers +- Projected first-year revenue: $270K from 8 migrations (self-reported) +- Solana meme coin market: 27 notable presales in 12 months prior to proposal +- Revenue flows to Champions NFT holders, not FutureDAO treasury +- Migration tool targets: rug pulls, dead projects, metadata changes, fundraising, token standard upgrades, hostile takeovers