diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..7de4d11a1 100644 --- a/entities/internet-finance/futardio.md +++ b/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 +- **2024-08-28** — [[metadao-create-futardio]] proposed: $100k grant to build memecoin launchpad with futarchy governance, targeting Q3 2024 launch +- **2024-09-01** — [[metadao-create-futardio]] failed: MetaDAO's futarchy governance rejected the Futardio proposal, platform was never built ## 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." diff --git a/entities/internet-finance/metadao-create-futardio.md b/entities/internet-finance/metadao-create-futardio.md index f0a68bc51..5b2b31026 100644 --- a/entities/internet-finance/metadao-create-futardio.md +++ b/entities/internet-finance/metadao-create-futardio.md @@ -48,3 +48,7 @@ Relevant Entities: Topics: - [[internet finance and decision markets]] + +## Timeline + +- **2024-09-01** — [[metadao-create-futardio]] failed: Market rejected proposal to build Futardio memecoin launchpad citing reputational risk to futarchy's credibility diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 777db5b10..84fc15ffc 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -53,6 +53,7 @@ The futarchy governance protocol on Solana. Implements decision markets through - **2026-03** — Ranger liquidation proposal; treasury subcommittee formation - **2026-03** — Pine Analytics Q4 2025 quarterly report published +- **2024-09-01** — [[metadao-create-futardio]] failed: Market rejected proposal to build Futardio memecoin launchpad, demonstrating futarchy governance rejecting strategic expansion that risked reputational damage ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------| diff --git a/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md b/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md index 4fb1a5fe1..913613b88 100644 --- a/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md +++ b/inbox/archive/2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique.md @@ -6,9 +6,14 @@ url: "https://www.futard.io/proposal/GugKjNpirFNaaRkEStRKGJPnutptsnTA3XuCJ8nwaVt date: 2024-08-28 domain: internet-finance format: data -status: unprocessed +status: enrichment tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-11 +enrichments_applied: ["futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md", "futarchy-adoption-faces-friction-from-token-price-psychology-proposal-complexity-and-liquidity-requirements.md", "MetaDAOs-futarchy-implementation-shows-limited-trading-volume-in-uncontested-decisions.md"] +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "This is a failed MetaDAO governance proposal, not evidence that Futardio was built or succeeded. The proposal's failure is itself significant evidence challenging the claim that futarchy-governed memecoins attract capital at scale. Created decision_market entity for the proposal and updated parent entities (MetaDAO, Futardio product). No new claims extracted - all insights enrich existing claims about futarchy adoption friction and memecoin governance viability." --- ## Proposal Details @@ -353,3 +358,15 @@ This would all be left to the discretion of the team building it, but they would - Autocrat version: 0.3 - Completed: 2024-09-01 - Ended: 2024-09-01 + + +## Key Facts +- Futardio proposal GugKjNpirFNaaRkEStRKGJPnutptsnTA3XuCJ8nwaVtK was proposal #10 on MetaDAO +- Proposal created 2024-08-28, failed 2024-09-01 +- Proposed $100k grant over 6 months for development team +- Target launch was Q3 2024 +- Proposers: Nallok and Proph3t (futard.io) +- Platform would have allocated percentage of each memecoin to futarchy DAO +- Points would convert to $FUTA token within 180 days +- Revenue distribution via claimable vault to FUTA holders +- Planned immutable deployment on IPFS or Arweave