entities/internet-finance/futardio.md

@@ -51,6 +51,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 - **2024-06-14** — [[futardio-fund-rug-bounty-program]] passed: Approved $5K USDC funding for RugBounty.xyz platform development to incentivize community recovery from rug pulls
 - **2024-08-28** — MetaDAO proposal to develop futardio as memecoin launchpad with futarchy governance failed. Proposal would have allocated $100k grant over 6 months to development team. Key features: percentage of each new token supply allocated to futarchy DAO, points-to-token conversion within 180 days, revenue distribution to $FUTA holders, immutable deployment on IPFS/Arweave. Proposal rejected by market, suggesting reputational risks outweighed adoption benefits.
 - **2025-11-14** — Solomon launch: $8M raised (12.9x oversubscribed, $102.9M committed) for composable yield-bearing stablecoin
+- **2024-08-28** — MetaDAO proposal to develop futardio as memecoin launchpad with futarchy governance failed. Proposal included $100k grant over 6 months, Q3 launch target, and plan for immutable hyperstructure deployment on IPFS/Arweave. Proposal explicitly weighed reputational risks against adoption benefits.
 ## 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."

inbox/archive/2024-10-22-futardio-proposal-hire-advaith-sekharan-as-founding-engineer.md

@@ -6,9 +6,12 @@ url: "https://www.futard.io/proposal/B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC
 date: 2024-10-22
 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
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Proposal Details
@@ -71,3 +74,13 @@ The terms of its release would be the same as Nallok and Proph3t, except that th
 - Autocrat version: 0.3
 - Completed: 2024-10-26
 - Ended: 2024-10-26
+
+
+## Key Facts
+- MetaDAO's META token supply excluding DAO holdings is 19,755.7 tokens
+- Including co-founder allocations (Nallok and Proph3t), META supply is 23,705.7 tokens
+- MetaDAO founding engineer compensation includes 4-year vesting with no unlocks before November 2028
+- Token unlocks are linear based on market cap: 100% at $5B market cap, 10% at $500M market cap
+- $1B market cap defined as $42,198 per META token
+- 8-month illiquid vest period with full clawback rights until July 2025
+- Proposal B82Dw1W6cfngH7BRukAyKXvXzP4T2cDsxwKYfxCftoC2 passed on 2024-10-26