extract: 2024-03-19-futardio-proposal-engage-in-250000-otc-trade-with-colosseum #1016

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@ -48,6 +48,12 @@ Loyal's fundraise achieved 151x oversubscription ($75.9M committed vs $500K targ
Solomon raised $102.9M committed against $2M target (51x oversubscription), closing at $8M final raise. This adds to the pattern of massive oversubscription on futarchy-governed launches, following earlier examples like Cult's $11.4M single-day raise.
### Additional Evidence (extend)
*Source: [[2024-03-19-futardio-proposal-engage-in-250000-otc-trade-with-colosseum]] | Added: 2026-03-16*
Colosseum's $250,000 OTC acquisition of META demonstrates institutional validation of futarchy-governed tokens, with pricing mechanism tied to TWAP of pass market (capped at $850, void above $1,200). The proposal includes 20% immediate unlock and 80% vested over 12 months, showing sophisticated investors accepting futarchy governance structures with standard vesting terms.
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Relevant Notes:

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@ -41,6 +41,12 @@ The structure itself—20% immediate, 80% linear over 12 months—represents a d
- Proposal failure suggests market rejected either the structure or the specific terms
- No evidence this structure outperforms alternatives in practice
### Additional Evidence (confirm)
*Source: [[2024-03-19-futardio-proposal-engage-in-250000-otc-trade-with-colosseum]] | Added: 2026-03-16*
Colosseum's META acquisition uses 20% immediate unlock with 80% linear vest over 12 months via Streamflow, demonstrating the pattern in a $250,000 institutional OTC context where immediate liquidity enables market participation while vesting maintains long-term alignment.
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/5qEyKCVyJZMFZSb3yxh6rQjqDYxASiLW7vFuuUTCYnb
date: 2024-03-19
domain: internet-finance
format: data
status: unprocessed
status: enrichment
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-16
enrichments_applied: ["metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md", "vesting-with-immediate-partial-unlock-plus-linear-release-creates-alignment-while-enabling-liquidity-by-giving-investors-tradeable-tokens-upfront-and-time-locked-exposure.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
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## Proposal Details
@ -90,3 +94,11 @@ We wont speculate on what the exact ROI will be to META in the short to mediu
- Autocrat version: 0.1
- Completed: 2024-03-24
- Ended: 2024-03-24
## Key Facts
- META spot price on 2024-03-18 was $468.09
- META circulating supply on 2024-03-18 was 17,421 tokens
- Colosseum OTC proposal used 5/7 multisig threshold with members from both Colosseum and MetaDAO
- Proposal transferred 2,060 META to multisig to accommodate price fluctuations, with excess returned to treasury
- Colosseum committed to sponsor MetaDAO as DAO track sponsor in next Solana hackathon after Renaissance with $50,000-$80,000 prize pool