decisions/internet-finance/metadao-p2p-me-ico.md

@@ -1,53 +0,0 @@
-# MetaDAO P2P.me ICO
-
-**Status:** Active (voting scheduled March 26, 2026)  
-**Category:** Fundraise  
-**Parent:** MetaDAO  
-**Date:** March 2026  
-
-## Summary
-
-P2P.me seeks $6M at ~$15.5M FDV through MetaDAO's futarchy-governed ICO platform. The proposal represents a critical test case for MetaDAO's market-based quality filter following Hurupay's failure.
-
-## Key Terms
-
-- **Raise Amount:** $6M
-- **FDV:** ~$15.5M
-- **Liquid at TGE:** 50%
-- **Team Tokens:** Performance-based unlocks (2x-32x ICO price via 3-month TWAP)
-- **Investor Tokens:** 12-month lock, then 12-month staged release
-- **Treasury Control:** Futarchy-governed, not team-controlled
-- **Runway:** ~34 months at $175K monthly burn
-
-## Valuation Concerns (Pine Analytics)
-
-- **Gross Profit Multiple:** 182x (annual gross profit ~$82K)
-- **User Growth:** Plateaued since mid-2025
-- **Revenue Gap:** Currently $34K-$47K/month, needs $875K/month for sustainability
-- **Float Risk:** 50% liquid at TGE replicates FairScale implicit put option structure
-
-## Positive Indicators
-
-- **Volume Growth:** 27% average month-on-month over 16 months
-- **Peak Volume:** $1.97M (February 2026)
-- **Backing:** Tier-1 investors (Multicoin, Coinbase Ventures, Alliance DAO)
-- **TAM:** Expanding into B2B SDK and additional markets
-- **Users:** 23,000+ registered across 20+ countries
-
-## Strategic Significance
-
-This is the second ICO test after Hurupay's March 2026 failure. The outcome will reveal whether:
-
-1. MetaDAO's community overrides analyst valuation signals based on growth optionality and institutional backing
-2. Futarchy markets enforce valuation discipline despite tier-1 investor credibility
-3. The ecosystem has learned from FairScale's high-float liquidation dynamics
-
-Two consecutive ICO failures would validate MetaDAO's filtering mechanism. A pass despite Pine's concerns would suggest community judgment weights growth potential over current fundamentals.
-
-## Governance Structure
-
-Identical to prior MetaDAO ICOs—no structural changes post-FairScale to address implicit put option dynamics. No milestone locks or dispute resolution triggers beyond standard futarchy liquidation rights.
-
-## Context
-
-P2P.me operates a non-custodial USDC-to-fiat on/off ramp on Base, serving primarily India (78% of users). The protocol uses zk-KYC and on-chain settlement, with live operations in India, Brazil, Argentina, Indonesia, and 20+ countries total.

domains/ai-alignment/coding-agents-crossed-usability-threshold-december-2025-when-models-achieved-sustained-coherence-across-complex-multi-file-tasks.md

@@ -10,12 +10,6 @@ enrichments:
   - "as AI-automated software development becomes certain the bottleneck shifts from building capacity to knowing what to build making structured knowledge graphs the critical input to autonomous systems.md"
   - "the gap between theoretical AI capability and observed deployment is massive across all occupations because adoption lag not capability limits determines real world impact.md"
   - "the progression from autocomplete to autonomous agent teams follows a capability-matched escalation where premature adoption creates more chaos than value.md"
-
-### Additional Evidence (confirm)
-*Source: [[2026-02-13-noahopinion-smartest-thing-on-earth]] | Added: 2026-03-19*
-
-Smith's observation that 'vibe coding' is now the dominant paradigm confirms that coding agents crossed from experimental to production-ready status, with the transition happening rapidly enough to be culturally notable by Feb 2026.
-
 ---
 
 # Coding agents crossed usability threshold in December 2025 when models achieved sustained coherence across complex multi-file tasks
@@ -43,3 +37,9 @@ This claim is based on one expert's direct experience rather than systematic ben
 
 If accurate, this observation suggests that the capability-deployment gap for software development is closing rapidly — faster than for other occupations — because developers are both the builders and primary users of coding agent technology, creating immediate feedback loops for adoption.
 
+
+### Additional Evidence (confirm)
+*Source: [[2026-02-13-noahopinion-smartest-thing-on-earth]] | Added: 2026-03-19*
+
+Smith's observation that 'vibe coding' is now the dominant paradigm confirms that coding agents crossed from experimental to production-ready status, with the transition happening rapidly enough to be culturally notable by Feb 2026.
+

domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md

@@ -2,7 +2,7 @@
 type: claim
 domain: internet-finance
 description: "Eight MetaDAO ICOs from April 2025 to January 2026 raised $25.6M against $390M in committed demand, demonstrating 15x oversubscription and validating market demand for futarchy-governed capital formation"
-confidence: proven
+confidence: likely
 source: "Alea Research, MetaDAO: Fair Launches for a Misaligned Market, January 2026"
 created: 2026-03-11
 ---