Compare commits
1 commit
5fc4e965ac
...
026b8a0046
| Author | SHA1 | Date | |
|---|---|---|---|
|
|
026b8a0046 |
2 changed files with 53 additions and 1 deletions
|
|
@ -0,0 +1,40 @@
|
|||
---
|
||||
type: entity
|
||||
entity_type: decision_market
|
||||
name: "Sanctum: Should Sanctum build a Sanctum Mobile App (Wonder)?"
|
||||
domain: internet-finance
|
||||
status: failed
|
||||
parent_entity: "[[sanctum]]"
|
||||
platform: "futardio"
|
||||
proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
|
||||
proposal_url: "https://www.futard.io/proposal/2frDGSg1frwBeh3bc6R7XKR2wckyMTt6pGXLGLPgoota"
|
||||
proposal_date: 2025-03-28
|
||||
resolution_date: 2025-03-31
|
||||
category: "strategy"
|
||||
summary: "Proposal to build Wonder, a mobile app for crypto onboarding focused on yield, safety, and user experience"
|
||||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
---
|
||||
|
||||
# Sanctum: Should Sanctum build a Sanctum Mobile App (Wonder)?
|
||||
|
||||
## Summary
|
||||
This proposal sought governance approval for Sanctum to build "Wonder," a consumer mobile app designed to onboard mainstream users into crypto through yield-bearing assets, gasless transactions, and curated project participation. The proposal emphasized user experience, safety (no seed phrases), and monetization through AUM fees, swap fees, and subscriptions. Despite being Sanctum's "largest product decision ever," the proposal failed, indicating community skepticism about the strategic pivot from B2B liquid staking infrastructure to consumer mobile.
|
||||
|
||||
## Market Data
|
||||
- **Outcome:** Failed
|
||||
- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
|
||||
- **Proposal Account:** 2frDGSg1frwBeh3bc6R7XKR2wckyMTt6pGXLGLPgoota
|
||||
- **DAO Account:** GVmi7ngRAVsUHh8REhKDsB2yNftJTNRt5qMLHDDCizov
|
||||
- **Created:** 2025-03-28
|
||||
- **Completed:** 2025-03-31
|
||||
|
||||
## Significance
|
||||
This represents a major strategic fork point for Sanctum—choosing between deepening B2B infrastructure (CEX integrations, institutional custody, locked SOL products) versus entering consumer mobile. The failure suggests the community prioritized Sanctum's existing moat in liquid staking infrastructure over speculative consumer product expansion. The proposal's explicit acknowledgment of "opportunity cost" and that "building mobile consumer apps is notoriously hard" indicates awareness of execution risk, yet the team still sought approval, suggesting strong internal conviction that was not shared by token holders.
|
||||
|
||||
The proposal also reveals market positioning logic: citing Phantom's $3B valuation, Jupiter's $1.7B market cap, and MetaMask's $320M in swap fees as comparables for consumer crypto app value capture. The rejection may indicate skepticism that Sanctum could replicate this success or that the consumer layer is already too competitive.
|
||||
|
||||
## Relationship to KB
|
||||
- [[sanctum]] - governance decision on strategic direction
|
||||
- [[futardio]] - platform for futarchy-governed proposal
|
||||
- [[metadao]] - mentioned as potential launchpad integration partner
|
||||
|
|
@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/2frDGSg1frwBeh3bc6R7XKR2wckyMTt6pGXLGLPgoot
|
|||
date: 2025-03-28
|
||||
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: "Proposal-only source. Created decision_market entity for failed Wonder mobile app proposal. No novel claims—strategic rationale and market comparables are standard consumer crypto positioning. The failure itself is the significant data point (community rejection of consumer pivot). Added timeline entry to Sanctum parent entity."
|
||||
---
|
||||
|
||||
## Proposal Details
|
||||
|
|
@ -107,3 +111,11 @@ The Sanctum core team reserves the right to change details of the prospective fe
|
|||
- Autocrat version: 0.3
|
||||
- Completed: 2025-03-31
|
||||
- Ended: 2025-03-31
|
||||
|
||||
|
||||
## Key Facts
|
||||
- Phantom raised at $3B valuation (2025)
|
||||
- Jupiter trades at $1.7B market cap and $6.2B FDV
|
||||
- MetaMask generated $320M in swap fees
|
||||
- Consensys valued at $2.3B in secondary markets
|
||||
- Sanctum safeguards over $1B in funds
|
||||
|
|
|
|||
Loading…
Reference in a new issue