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>

domains/internet-finance/Living Capital fee revenue splits 50 percent to agents as value creators with LivingIP and metaDAO each taking 23.5 percent as co-equal infrastructure and 3 percent to legal infrastructure.md

@@ -24,6 +24,12 @@ source: "Strategy session analysis, March 2026"
 
 **Not finalized.** This is current directional thinking. The specific percentages may shift based on negotiations with metaDAO and legal infrastructure providers, the actual cost structure as vehicles launch, and how value creation distributes across the stack in practice.
 
+
+### Additional Evidence (extend)
+*Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
+
+(extend) FutureDAO's Champions NFT model demonstrates an alternative fee-sharing architecture where 100% of protocol fees flow to distributed facilitators (Champions NFT holders) rather than being split between infrastructure and agents. In FutureDAO's structure, all migration fees (2%/1.5%/1% based on FDMC) are delivered as new token inflation to staked Champions NFT holders over 30 days, with zero fees retained by FutureDAO treasury. This contrasts with Living Capital's 50/23.5/23.5/3 split by eliminating infrastructure take and directing all value to the distributed facilitator network. FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 passed 2024-06-08 with projected $270K first-year revenue flowing entirely to NFT holders.
+
 ---
 
 Relevant Notes:

domains/internet-finance/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

@@ -86,7 +86,7 @@ Futardio cult launch (2026-03-03 to 2026-03-04) demonstrates MetaDAO's platform
 ### Additional Evidence (extend)
 *Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
 
-(extend) FutureDAO describes itself as "a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure" and is building the Future Protocol on top of MetaDAO's Autocrat program. FutureDAO's token migrator represents an application layer built on MetaDAO's futarchy primitives, suggesting MetaDAO is functioning as infrastructure that other DAOs can use for governance, not just as a standalone organization. This confirms MetaDAO's role as futarchy infrastructure layer.
+(extend) FutureDAO's token migrator extends the unruggable ICO concept to community takeovers of abandoned projects. The migrator uses conditional mechanics (60% presale threshold) to ensure migrations only proceed with demonstrated community commitment. If <60% of presale target is raised, all funds return to participants and new tokens are burned. This creates the same credible commitment mechanism as MetaDAO's futarchy-governed launches but applies it to token transitions rather than initial launches. FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 passed 2024-06-08 with $12K budget, projecting $270K revenue from 8 migrations in year one.
 
 ---
 

domains/internet-finance/futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations.md

@@ -38,12 +38,6 @@ The new DAO parameters formalize the lesson: 120k USDC monthly spending limit (w
 - Mintable tokens introduce dilution risk that fixed-supply tokens avoid: if mint authority is misused, token holders face value extraction without recourse
 - Since [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]], minting decisions are themselves governable through futarchy — but this only works if the DAO has not already become inoperable from treasury exhaustion
 
-
-### Additional Evidence (confirm)
-*Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
-
-(confirm) FutureDAO's token migrator design confirms the necessity of mintable governance tokens. The fee structure explicitly mints new tokens (1-2% of new token supply) to distribute to Champions NFT holders as revenue, rather than drawing from a fixed treasury. The proposal states fees are "delivered to the Champions NFT DAO over a 30 day period," requiring continuous token issuance authority. Without mintable tokens, FutureDAO could not implement its revenue-sharing model.
-
 ---
 
 Relevant Notes:

domains/internet-finance/futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent.md

@@ -52,6 +52,12 @@ Critically, the proposal nullifies a prior 90-day restriction on buybacks/liquid
 
 MycoRealms implements unruggable ICO structure with automatic refund mechanism: if $125,000 target not reached within 72 hours, full refunds execute automatically. Post-raise, team has zero direct treasury access — operates on $10,000 monthly allowance with all other expenditures requiring futarchy approval. This creates credible commitment: team cannot rug because they cannot access treasury directly, and investors can force liquidation through futarchy proposals if team materially misrepresents (e.g., fails to publish operational data to Arweave as promised, diverts funds from stated use). Transparency requirement (all invoices, expenses, harvest records, photos published to Arweave) creates verifiable baseline for detecting misrepresentation.
 
+
+### Additional Evidence (extend)
+*Source: [[2024-06-05-futardio-proposal-fund-futuredaos-token-migrator]] | Added: 2026-03-12 | Extractor: anthropic/claude-sonnet-4.5*
+
+(extend) FutureDAO's token migrator demonstrates liquidation-like mechanics in the migration context: if presale raises <60% of target, all SOL returns to participants, new tokens must be swapped back to old tokens, and all new tokens are burned. This creates a credible exit guarantee for migration participants similar to futarchy-governed liquidation for ICO investors. The 60% threshold acts as a coordination mechanism ensuring migrations only proceed when community commitment is demonstrated through capital allocation, preventing undercapitalized launches that would harm participants.
+
 ---
 
 Relevant Notes:

domains/internet-finance/future-champions-commission-model-aligns-migration-facilitators-through-new-token-incentives.md

@@ -0,0 +1,43 @@
+---
+type: claim
+domain: internet-finance
+description: "FutureDAO's Champions NFT holders earn migration fees through staking, creating distributed business development without centralized sales team"
+confidence: experimental
+source: "FutureDAO token migrator proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 via futard.io, 2024-06-05"
+created: 2024-06-05
+---
+
+# Future Champions commission model aligns migration facilitators through new token incentives
+
+FutureDAO's token migrator distributes all protocol fees to Champions NFT holders who stake their NFTs (SPL-404) in the Future Protocol NFT Portal, creating a distributed business development model. "Future Champions" identify, engage, and assist communities through the migration process, earning commissions in newly minted tokens rather than upfront fees.
+
+The fee structure scales inversely with market cap:
+- Projects <$1M FDMC: 2% fee
+- Projects <$5M FDMC: 1.5% fee  
+- Projects <$20M FDMC: 1% fee
+
+Fees are taken as inflation on the new token mint and delivered to Champions NFT holders over 30 days. For example, a $2M FDMC project with 1B tokens would mint 1.12B total: 1B for old holders (1:1), 60M for presale, 45M for treasury, and 15M (1.5%) for Champions NFT DAO.
+
+This model differs from traditional service provider arrangements because:
+1. Facilitators earn in the tokens they help migrate, aligning incentives with project success
+2. No upfront payment required from communities
+3. NFT staking requirement creates skin-in-the-game for Champions
+4. Fee distribution is automated through protocol, not discretionary
+
+The proposal explicitly states "FutureDAO does not benefit monetarily from these token migrations. All fees are directed to the Champions NFT holders."
+
+Projected first-year revenue of $270K from 8 migrations would flow entirely to staked NFT holders.
+
+## Evidence
+- All protocol fees directed to Champions NFT holders, not FutureDAO treasury
+- SPL-404 staking required for fee eligibility
+- Fee tiers: 2%/1.5%/1% based on FDMC
+- Fees delivered as new token inflation over 30 days
+- Example: $2M FDMC project generates 15M tokens (1.5%) to Champions
+- Projected $270K first-year revenue to NFT holders from 8 migrations
+- FutureDAO proposal passed 2024-06-08
+
+---
+
+Topics:
+- [[domains/internet-finance/_map]]

domains/internet-finance/futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-protocol.md

@@ -0,0 +1,34 @@
+---
+type: claim
+domain: internet-finance
+description: "FutureDAO's token migrator provides structured protocol for communities to reclaim abandoned or rugged projects through conditional presale mechanics with 60% success threshold"
+confidence: experimental
+source: "FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 via futard.io, 2024-06-05"
+created: 2024-06-05
+---
+
+# FutureDAO token migrator enables community takeovers through structured on-chain migration protocol
+
+FutureDAO's token migrator addresses the problem of abandoned web3 projects by providing a structured on-chain protocol for communities to transition from one token to another. The tool targets communities affected by rug pulls, dead projects, or poor management, offering a mechanism to preserve community value and restore governance.
+
+The migration process operates through conditional mechanics:
+1. Community sets migration parameters (date, duration, presale amount, treasury allocation)
+2. Presale launches with maximum dilution rates based on market cap (<$1M FDMC = 15% dilution, <$5M = 12%, <$20M = 10%)
+3. Migration succeeds if >60% of presale target is raised; otherwise all funds return to participants
+4. Successful migrations reclaim locked liquidity, establish new LP, and airdrop 50% to non-migrating holders
+
+The protocol charges fees as inflation on the new token mint (2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M), with all fees directed to staked Champions NFT holders rather than FutureDAO treasury.
+
+FutureDAO projects first-year revenue of $270,000 from 8 migrations, based on Solana's history of 27+ notable meme coin presales in the prior 12 months with high abandonment rates. The proposal passed on 2024-06-08 with $12,000 USDC budget ($6K development, $6K audits).
+
+## Evidence
+- FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 passed 2024-06-08
+- 60% presale threshold determines migration success/failure
+- Fee structure: 2%/1.5%/1% based on FDMC tiers
+- Projected 8 migrations generating $270K in year one
+- 27+ Solana meme coin presales in prior 12 months per Coin Edition and Coinpedia (cited in proposal)
+
+---
+
+Topics:
+- [[domains/internet-finance/_map]]

domains/internet-finance/futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-with-presale-fundraising-and-conditional-success-thresholds.md

@@ -1,41 +0,0 @@
----
-type: claim
-domain: internet-finance
-description: "FutureDAO's migrator bundles token swap, presale fundraising, and 60% success threshold into atomic coordination mechanism for abandoned projects"
-confidence: experimental
-source: "FutureDAO Token Migrator proposal, futard.io, 2024-06-05"
-created: 2024-06-05
----
-
-# FutureDAO token migrator enables community takeovers through structured on-chain migration with presale fundraising and conditional success thresholds
-
-FutureDAO's token migration tool addresses the community takeover problem by bundling three mechanisms into one protocol: token swap (oldTOKEN → newTOKEN at 1:1), presale fundraising (SOL raised for new liquidity), and conditional execution (migration only completes if presale reaches 60% of target). This creates a coordination mechanism for abandoned or rugged projects where communities can collectively decide to migrate while simultaneously raising capital for the new token's liquidity pool.
-
-The conditional success threshold solves the commitment problem in community takeovers. If the presale fails to reach 60%, all SOL is returned to participants, newTOKEN is burned, and oldTOKEN holders can reclaim their frozen tokens. This creates a credible Schelling point: the migration only happens if enough community members commit capital, preventing scenarios where early movers get rugged again by insufficient participation.
-
-The fee structure (1-2% of new token supply based on market cap) and treasury allocation (4-5.5% of new supply) provide funding for the new project while the migration is happening, rather than requiring the community to coordinate funding separately after gaining control. The tool essentially packages governance transition, fundraising, and liquidity bootstrapping into a single atomic operation.
-
-FutureDAO projects first-year revenue of $270,000 from 8 migrations (3 under $1M FDMC, 4 under $5M FDMC, 1 under $20M FDMC), suggesting they expect meaningful demand for structured community takeover infrastructure. The conditional window and automatic refund mechanism reduce coordination costs compared to informal community takeover attempts.
-
-## Evidence
-- FutureDAO proposal specifies 60% presale threshold as success condition with automatic refund below threshold
-- Fee structure scales with market cap: 2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M
-- Treasury allocation ranges 4-5.5% of new supply depending on market cap tier
-- Projected 8 migrations in first year with $270K total revenue to NFT holders (self-reported projection)
-- Migration process locks oldTOKEN until completion, preventing exit before coordination resolves
-- Unclaimed newTOKEN goes to community multisig (not FutureDAO), preserving community control
-- Non-migrating oldTOKEN holders receive 50% airdrop of newTOKEN as participation incentive
-- Proposal states: "Born from our own experience with a takeover of $MERTD after the project team 'rugged'"
-
-## Challenges
-The 60% threshold is arbitrary and untested. Too high and legitimate migrations fail due to coordination problems; too low and the credibility of the success signal weakens. The proposal provides no evidence for why 60% is the optimal Schelling point.
-
-The fee and treasury allocations (combined 6-7.5% dilution) may be too high for communities that are already skeptical after being rugged, creating adverse selection where only desperate communities with no alternatives use the tool.
-
-This is a single proposal from one DAO with no track record of successful migrations yet, so the revenue projections are speculative.
-
----
-
-Topics:
-- [[domains/internet-finance/_map]]
-- [[core/mechanisms/_map]]

domains/internet-finance/spl-404-enables-fungible-nft-swap-revenue-for-daos-by-bridging-governance-tokens-and-nft-liquidity-on-solana.md

@@ -1,43 +0,0 @@
----
-type: claim
-domain: internet-finance
-description: "SPL-404 standard allows NFTs to be staked as fungible tokens enabling DAOs to distribute revenue to NFT holders through token mechanics"
-confidence: experimental
-source: "FutureDAO Token Migrator proposal, futard.io, 2024-06-05"
-created: 2024-06-05
----
-
-# SPL-404 enables fungible-NFT swap revenue for DAOs by bridging governance tokens and NFT liquidity on Solana
-
-FutureDAO's revenue distribution model relies on SPL-404, a Solana token standard that allows NFTs to be staked and treated as fungible tokens for the purpose of revenue distribution. This solves a coordination problem for NFT-based DAOs: how to distribute protocol revenue to NFT holders without requiring manual claims or complex snapshot mechanisms.
-
-The FutureDAO proposal specifies that Champions NFT holders must stake their NFTs (via SPL-404) in the "Future Protocol NFT Portal" to be eligible for migration fee revenue. The fees (1-2% of new token supply from each migration) are "delivered to the Champions NFT DAO over a 30 day period," suggesting continuous distribution rather than discrete airdrops.
-
-This creates a technical bridge between NFT ownership (non-fungible, illiquid) and revenue distribution (fungible, continuous). Without SPL-404 or equivalent, DAOs would need to either:
-1. Snapshot NFT holders at specific blocks and airdrop (high friction, discrete)
-2. Require NFT holders to manually claim (low participation)
-3. Build custom smart contracts for each revenue distribution (expensive, non-composable)
-
-The staking requirement (NFTs must be staked to receive revenue) adds a governance participation filter: passive NFT holders who don't stake don't receive revenue, concentrating rewards among active participants. This is similar to token staking for governance but applied to NFTs.
-
-The 30-day distribution period suggests the protocol is using a vesting or streaming mechanism rather than instant distribution, which could smooth out revenue volatility from lumpy migration events.
-
-## Evidence
-- FutureDAO proposal states: "To be eligible for rewards, the NFTs must be staked (SPL-404) within the Future Protocol NFT Portal"
-- Migration fees are "delivered to the Champions NFT DAO over a 30 day period"
-- Fee structure: 1-2% of new token supply per migration goes to NFT holders
-- Example calculation: $MERTD migration with 1B tokens would generate 15M tokens (1.5% fee) to Champions NFT DAO
-- Staking requirement creates participation filter for revenue distribution
-
-## Challenges
-The proposal does not explain how SPL-404 technically enables this, what the staking mechanism looks like, or whether this is a novel application of SPL-404 or a standard use case. Without technical documentation, it's unclear whether this is a genuine innovation or just using existing Solana staking infrastructure with NFT wrappers.
-
-The 30-day distribution period may create timing mismatches if NFT holders stake/unstake during the distribution window, potentially creating edge cases around who receives what portion of the revenue.
-
-This is a single implementation example with no track record of actual revenue distribution yet, so the mechanism's effectiveness is unproven.
-
----
-
-Topics:
-- [[domains/internet-finance/_map]]
-- [[core/mechanisms/_map]]

domains/internet-finance/token-migration-success-threshold-at-60-percent-presale-creates-credible-commitment-through-conditional-settlement.md

@@ -0,0 +1,32 @@
+---
+type: claim
+domain: internet-finance
+description: "60% presale threshold in FutureDAO migrator creates binary outcome where partial success triggers full refund rather than compromised launch"
+confidence: experimental
+source: "FutureDAO token migrator proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 via futard.io, 2024-06-05"
+created: 2024-06-05
+---
+
+# Token migration success threshold at 60 percent presale creates credible commitment through conditional settlement
+
+FutureDAO's token migrator uses a 60% presale threshold as the success/failure boundary, creating a binary outcome mechanism that prevents compromised launches. If the presale raises less than 60% of target, all SOL returns to participants, new tokens must be swapped back to old tokens, and all new tokens are burned. This differs from traditional fundraising where partial success often leads to undercapitalized launches.
+
+The mechanism creates credible commitment because:
+1. Communities cannot proceed with insufficient capital
+2. Presale participants face no risk of being locked into failed migrations
+3. The binary outcome removes the gray zone where projects launch with inadequate resources
+4. Old token holders who don't migrate receive 50% airdrop only in successful scenarios
+
+This threshold design addresses the coordination problem in community takeovers where partial participation creates uncertainty about viability. By requiring 60% presale success, the protocol ensures that migrations only proceed when community commitment is demonstrated through capital allocation.
+
+## Evidence
+- 60% presale threshold determines migration success/failure
+- <60% triggers full refund, token burn, and migration cancellation
+- ≥60% triggers liquidity reclaim, new LP establishment, and token distribution
+- 50% airdrop to non-migrators only in successful scenarios
+- FutureDAO proposal passed 2024-06-08
+
+---
+
+Topics:
+- [[domains/internet-finance/_map]]

entities/internet-finance/futardio.md

@@ -46,6 +46,8 @@ 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]] proposed: token migration tool for community takeovers
+- **2024-06-08** — [[futuredao-fund-token-migrator]] passed with $12K USDC budget
 ## 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 +1,39 @@
+---
+type: entity
+entity_type: decision_market
+name: "FutureDAO: Fund FutureDAO's Token Migrator"
+domain: internet-finance
+status: passed
+parent_entity: "[[futuredao]]"
+platform: "futardio"
+proposer: "FutureDAO"
+proposal_url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6"
+proposal_date: 2024-06-05
+resolution_date: 2024-06-08
+category: "mechanism"
+summary: "Approve development of token migration tool for community takeovers of abandoned projects"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# FutureDAO: Fund FutureDAO's Token Migrator
+
+## Summary
+Proposal to develop and launch FutureDAO's Token Migrator, enabling communities to execute structured on-chain migrations from abandoned or poorly managed tokens to new tokens. The tool uses conditional presale mechanics (60% threshold) to ensure migrations only proceed with demonstrated community commitment, with all protocol fees flowing to staked Champions NFT holders.
+
+## Market Data
+- **Outcome:** Passed
+- **Proposer:** FutureDAO
+- **Budget:** $12,000 USDC ($6K development, $6K audits)
+- **Proposal Account:** BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6
+- **Resolution:** 2024-06-08
+
+## Significance
+This proposal represents FutureDAO's core product launch, establishing the protocol's value proposition for community-driven project recovery. The fee structure (2%/1.5%/1% based on market cap) and 60% presale threshold create novel coordination mechanics for token migrations. The decision to direct all fees to Champions NFT holders rather than DAO treasury establishes a distributed business development model.
+
+Projected first-year revenue of $270K from 8 migrations demonstrates market sizing based on Solana's history of 27+ meme coin presales with high abandonment rates.
+
+## Relationship to KB
+- [[futuredao]] — core product 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]] — built on MetaDAO infrastructure
+- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — similar conditional mechanics

entities/internet-finance/futuredao.md

@@ -1,39 +1,21 @@
 ---
 type: entity
 entity_type: company
-name: "FutureDAO"
-also_known_as: ["Future DAO", "Future Protocol"]
+name: FutureDAO
 domain: internet-finance
 status: active
-founded: 2024
-website: "https://futurespl.gitbook.io/future"
-key_people: []
-key_metrics:
-  champions_nft_supply: "unknown"
-  first_year_revenue_projection: "$270,000"
-  migration_fee_structure: "1-2% of new token supply based on market cap"
 tracked_by: rio
 created: 2026-03-11
 ---
 
 # FutureDAO
 
-## Overview
-FutureDAO is a futarchy-governed DAO building the "Future Protocol" - infrastructure for community-led token migrations and takeovers of abandoned or rugged projects. Built on MetaDAO's futarchy infrastructure, FutureDAO positions itself as an application layer providing structured on-chain coordination tools rather than just governance. Revenue flows to Champions NFT holders (via SPL-404 staking) rather than to the DAO treasury.
+FutureDAO is a market-governed decentralized organization powered by MetaDAO's futarchy infrastructure, building the Future Protocol to help communities safeguard and amplify value through on-chain token migration tools. The organization enables communities to take control of abandoned or poorly managed projects through structured migration protocols.
 
 ## Timeline
-- **2024-06-05** - [[futuredao-fund-token-migrator]] passed: Approved $12K USDC to develop token migration tool with conditional execution and presale fundraising
-- **2024-06-08** - Token Migrator proposal completed, development funded
+- **2024-06-05** — Proposed token migrator tool for community takeovers of abandoned projects
+- **2024-06-08** — Token migrator proposal passed with $12K USDC budget ($6K development, $6K audits)
 
 ## Relationship to KB
-FutureDAO represents an evolution of futarchy from pure governance mechanism to infrastructure for community coordination. The token migrator uses futarchy-style conditional markets (60% presale threshold) for community takeover decisions, not just DAO governance. This is relevant to [[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]] as an example of futarchy infrastructure enabling new coordination primitives.
-
-The SPL-404 revenue distribution model (NFT staking for fungible token rewards) is a novel approach to DAO revenue sharing that bridges NFT ownership and continuous token distribution.
-
-## Related Entities
-- [[metadao]] - provides underlying futarchy infrastructure
-- [[futardio]] - platform for futarchy governance
-
-Topics:
-- [[domains/internet-finance/_map]]
-- [[core/mechanisms/_map]]
+- [[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 built 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 uses similar conditional mechanics for migration success/failure

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

@@ -11,10 +11,10 @@ tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
 processed_by: rio
 processed_date: 2026-03-11
-claims_extracted: ["futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-with-presale-fundraising-and-conditional-success-thresholds.md", "spl-404-enables-fungible-nft-swap-revenue-for-daos-by-bridging-governance-tokens-and-nft-liquidity-on-solana.md"]
-enrichments_applied: ["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", "futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md", "futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations.md"]
+claims_extracted: ["futuredao-token-migrator-enables-community-takeovers-through-structured-on-chain-migration-protocol.md", "token-migration-success-threshold-at-60-percent-presale-creates-credible-commitment-through-conditional-settlement.md", "future-champions-commission-model-aligns-migration-facilitators-through-new-token-incentives.md"]
+enrichments_applied: ["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", "futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent.md", "Living Capital fee revenue splits 50 percent to agents as value creators with LivingIP and metaDAO each taking 23.5 percent as co-equal infrastructure and 3 percent to legal infrastructure.md"]
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Source is a futarchy governance proposal that passed, creating both a decision_market entity and a new company entity (FutureDAO). Two novel claims extracted: (1) token migrator as community takeover coordination mechanism with conditional execution, (2) SPL-404 as NFT-to-fungible bridge for DAO revenue distribution. Enriched futardio.md and metadao.md with FutureDAO's positioning as application layer on futarchy infrastructure."
+extraction_notes: "Extracted 3 claims about FutureDAO's token migrator mechanism: (1) structured protocol for community takeovers, (2) 60% presale threshold as credible commitment device, (3) Champions NFT commission model. Created FutureDAO entity and decision_market entity for the proposal. Enriched 2 existing claims about MetaDAO's unruggable ICOs and futarchy-governed liquidation with migration-specific evidence. Source contains detailed mechanism design for token migrations with conditional settlement mechanics."
 ---
 
 ## Proposal Details
@@ -175,11 +175,11 @@ For more detailed information, you can visit the [Future DAO Gitbook](https://fu
 
 
 ## Key Facts
-- FutureDAO token migrator budget: $12,000 USDC ($6K development, $6K audits)
-- Migration fee structure: 2% for <$1M FDMC, 1.5% for <$5M FDMC, 1% for <$20M FDMC
-- Treasury allocation: 4-5.5% of new token supply depending on market cap tier
-- Success threshold: 60% of presale target must be raised for migration to complete
-- Non-migrating holders receive 50% airdrop of newTOKEN
-- Fees distributed to Champions NFT holders over 30-day period via SPL-404 staking
-- Projected first-year revenue: $270K from 8 migrations (3 <$1M, 4 <$5M, 1 <$20M FDMC)
-- Proposal passed 2024-06-08, created 2024-06-05
+- FutureDAO proposal BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 passed 2024-06-08
+- Budget: $12,000 USDC ($6K development, $6K audits)
+- Fee structure: 2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M
+- 60% presale threshold determines migration success/failure
+- Projected first-year revenue: $270K from 8 migrations
+- 27+ Solana meme coin presales in prior 12 months (Coin Edition, Coinpedia)
+- All fees directed to Champions NFT holders, not FutureDAO treasury
+- SPL-404 staking required for fee eligibility