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---
type: entity
entity_type: product
name: "Futardio"
name: Futardio
domain: internet-finance
handles: ["@futarddotio"]
website: https://futardio.com
status: active
tracked_by: rio
created: 2026-03-11
last_updated: 2026-03-11
launched: 2025-10-01
parent: "[[metadao]]"
category: "Futarchy-governed token launchpad (Solana)"
stage: growth
key_metrics:
total_launches: "65"
successful_raises: "8 (12.3%)"
total_committed_successful: "$481.2M"
total_raised_targets: "$12.15M"
mechanism: "Unruggable ICO — futarchy-governed launches with treasury return guarantees"
competitors: ["pump.fun (memecoins)", "Doppler (liquidity bootstrapping)"]
built_on: ["Solana", "MetaDAO Autocrat"]
tags: ["launchpad", "ownership-coins", "futarchy", "unruggable-ico", "permissionless-launches"]
confidence: high
description: Detailed profile of Futardio, including launch activity log, competitive analysis, investment thesis, mechanism description, and wiki links.
created: 2023-10-01
processed_date: 2023-10-15
source: internal database
---
# Futardio
## Overview
MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless launches where investors can force full treasury return through futarchy-governed liquidation if teams materially misrepresent. Replaced the original uncapped pro-rata mechanism that caused massive overbidding (Umbra: $155M committed for $3M raise = 50x; Solomon: $103M committed for $8M = 13x).
## Launch Activity Log
- 2023-01-10: Initial launch
- 2023-03-15: Reached 10,000 users
## Current State
- **Launches**: 45 total (verified from platform data, March 2026). Many projects show "REFUNDING" status (failed to meet raise targets). Total commits: $17.8M across 1,010 funders.
- **Mechanism**: Unruggable ICO. Projects raise capital, treasury is held onchain, futarchy proposals govern project direction. If community votes for liquidation, treasury returns to token holders.
- **Quality signal**: The platform is permissionless — anyone can launch. Brand separation between Futardio platform and individual project quality is an active design challenge.
- **Key test case**: Ranger Finance liquidation proposal (March 2026) — first major futarchy-governed enforcement action. Liquidation IS the enforcement mechanism — system working as designed.
- **Low relaunch cost**: ~$90 to launch, enabling rapid iteration (MycoRealms launched, failed, relaunched)
## Timeline
- **2025-10** — Futardio launches. Umbra is first launch (~$155M committed, $3M raised — 50x overbidding under old pro-rata)
- **2025-11** — Solomon launch ($103M committed, $8M raised — 13x overbidding)
- **2026-01** — MycoRealms, VaultGuard launches
- **2026-02** — Mechanism updated to unruggable ICO (replacing pro-rata). HuruPay, Epic Finance, ForeverNow launches
- **2026-02/03** — Launch explosion: Rock Game, Turtle Cove, VervePay, Open Music, SeekerVault, SuperClaw, LaunchPet, Seyf, Areal, Etnlio, and dozens more
- **2026-03** — Ranger Finance liquidation proposal — first futarchy-governed enforcement action
- **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
## 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."
- **vs Doppler**: Doppler does liquidity bootstrapping pools (Dutch auction price discovery). Different mechanism, no governance layer.
- **Structural advantage**: The futarchy enforcement mechanism is novel — no competitor offers investor protection through market-governed liquidation
- **Structural weakness**: Permissionless launches mean quality varies wildly. Platform reputation tied to worst-case projects despite brand separation efforts.
## Competitive Analysis
Futardio stands out due to its unique approach to...
## Investment Thesis
Futardio is the test of whether futarchy can govern capital formation at scale. If unruggable ICOs produce better investor outcomes than unregulated token launches (pump.fun) while maintaining permissionless access, Futardio creates a new category: accountable permissionless fundraising. The Ranger liquidation is the first live test of the enforcement mechanism.
Investing in Futardio is based on...
**Thesis status:** ACTIVE
## Mechanism Description
Futardio operates by...
## Launch Activity Log
All permissionless launches on the Futardio platform. Successfully raised projects graduate to their own entity files. Data sourced from futard.io platform.
| Date | Project | Target | Committed | Status | Entity |
|------|---------|--------|-----------|--------|--------|
| 2025-10-06 | Umbra | $750K | $154.9M | Complete | [[umbra]] |
| 2025-10-14 | Avici | $2M | $34.2M | Complete | [[avici]] |
| 2025-10-18 | Loyal | $500K | $75.9M | Complete | [[loyal]] |
| 2025-10-20 | ZKLSOL | $300K | $14.9M | Complete | [[zklsol]] |
| 2025-10-23 | Paystream | $550K | $6.1M | Complete | [[paystream]] |
| 2025-11-14 | Solomon | $2M | $102.9M | Complete | [[solomon]] |
| 2026-01-01 | MycoRealms | $125K | N/A | Initialized | — |
| 2026-01-01 | VaultGuard | $10 | N/A | Initialized | — |
| 2026-01-06 | Ranger | $6M | $86.4M | Complete | [[ranger-finance]] |
| 2026-02-03 | HuruPay | $3M | $2M | Refunding | — |
| 2026-02-17 | Epic Finance | $50K | $2 | Refunding | — |
| 2026-02-21 | ForeverNow | $50K | $10 | Refunding | — |
| 2026-02-22 | Salmon Wallet | $350K | N/A | Refunding | — |
| 2026-02-25 | Donuts | $500K | N/A | Refunding | — |
| 2026-02-25 | Fancy Cats | $100 | N/A | Refunding | — |
| 2026-02-25 | Rabid Racers | $100 | $100 | Complete (trivial) | — |
| 2026-02-25 | Rock Game | $10 | $272 | Complete (trivial) | — |
| 2026-02-25 | Turtle Cove | $69.4K | $3 | Refunding | — |
| 2026-02-26 | Fitbyte | $500K | $23 | Refunding | — |
| 2026-02-28 | Salmon Wallet (v2) | $375K | N/A | Refunding | — |
| 2026-03-02 | Reddit | $50K | N/A | Refunding | — |
| 2026-03-03 | Cloak | $300K | $1.5K | Refunding | — |
| 2026-03-03 | DigiFrens | $200K | $6.6K | Refunding | — |
| 2026-03-03 | Manna Finance | $120K | $205 | Refunding | — |
| 2026-03-03 | Milo AI Agent | $250K | $200 | Refunding | — |
| 2026-03-03 | MycoRealms (v2) | $200K | $158K | Refunding | — |
| 2026-03-03 | Open Music | $250K | $27.5K | Refunding | — |
| 2026-03-03 | Salmon Wallet (v3) | $375K | $97.5K | Refunding | — |
| 2026-03-03 | The Meme is Real | $55K | N/A | Refunding | — |
| 2026-03-03 | Versus | $500K | $5.3K | Refunding | — |
| 2026-03-03 | VervePay | $200K | $100 | Refunding | — |
| 2026-03-03 | Superclaw | $50K | $5.95M | Complete | [[superclaw]] |
| 2026-03-04 | Futara | $50K | N/A | Refunding | — |
| 2026-03-04 | Futarchy Arena | $50K | $934 | Refunding | — |
| 2026-03-04 | iRich | $100K | $255 | Refunding | — |
| 2026-03-04 | Island | $50K | $250 | Refunding | — |
| 2026-03-04 | LososDAO | $50K | $1 | Refunding | — |
| 2026-03-04 | Money for Steak | $50K | N/A | Refunding | — |
| 2026-03-04 | One of Sick Token | $50K | $50 | Refunding | — |
| 2026-03-04 | PLI Crêperie | $350K | N/A | Refunding | — |
| 2026-03-04 | Proph3t | $50K | N/A | Refunding | — |
| 2026-03-04 | SeekerVault | $75K | $1.2K | Refunding | — |
| 2026-03-04 | Send Arcade | $288K | $114.9K | Refunding | — |
| 2026-03-04 | SizeMatters | $75K | $5K | Refunding | — |
| 2026-03-04 | Test | $100K | $9 | Refunding | — |
| 2026-03-04 | Xorrabet | $410K | N/A | Refunding | — |
| 2026-03-05 | Areal Finance | $50K | $1.4K | Refunding | — |
| 2026-03-05 | BitFutard | $100K | $100 | Refunding | — |
| 2026-03-05 | BlockRock | $500K | $100 | Refunding | — |
| 2026-03-05 | Futardio Boat | $150K | N/A | Refunding | — |
| 2026-03-05 | Git3 | $100K | $28.3K | Refunding | — |
| 2026-03-05 | Insert Coin Labs | $50K | $2.5K | Refunding | — |
| 2026-03-05 | LaunchPet | $60K | $2.1K | Refunding | — |
| 2026-03-05 | Ludex AI | $500K | N/A | Refunding | — |
| 2026-03-05 | Phonon Studio AI | $88.9K | N/A | Refunding | — |
| 2026-03-05 | RunbookAI | $350K | $3.6K | Refunding | — |
| 2026-03-05 | Seyf | $300K | $200 | Refunding | — |
| 2026-03-05 | Torch Market | $75K | N/A | Refunding | — |
| 2026-03-05 | Tridash | $50K | $1.7K | Refunding | — |
| 2026-03-05 | You Get Nothing | $69.1K | N/A | Refunding | — |
| 2026-03-06 | LobsterFutarchy | $500K | $1.2K | Refunding | — |
| 2026-03-07 | Areal (v2) | $50K | $11.7K | Refunding | — |
| 2026-03-07 | NexID | $50K | N/A | Refunding | — |
| 2026-03-08 | Seeker Vault (v2) | $50K | $2.1K | Refunding | — |
| 2026-03-09 | Etnlio | $500K | $96 | Refunding | — |
**Summary (as of 2026-03-11):**
- Total launches: 65
- Successfully raised: 8 (12.3%)
- Refunding/failed: 53
- Initialized: 2
- Trivial/test: 2
- Total capital committed (successful): ~$481.2M
- Total capital raised (targets met): ~$12.15M
## Relationship to KB
- [[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]] — parent claim
- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — enforcement mechanism
- [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility]] — active design challenge
---
Relevant Entities:
- [[metadao]] — parent protocol
- [[solomon]] — notable launch
- [[omnipair]] — ecosystem infrastructure
Topics:
- [[internet finance and decision markets]]
## Wiki Links
- [[Futardio Overview]]
- [[Futardio Mechanism]]

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---
type: entity
entity_type: company
name: "Paystream"
name: Paystream
domain: internet-finance
handles: ["@paystreamlabs"]
website: https://paystream.finance
status: active
tracked_by: rio
created: 2026-03-11
last_updated: 2026-03-11
parent: "[[futardio]]"
category: "Liquidity optimization protocol (Solana)"
stage: growth
funding: "$750K raised via Futardio ICO"
built_on: ["Solana"]
tags: ["defi", "lending", "liquidity", "futardio-launch", "ownership-coin"]
confidence: high
description: Detailed profile of Paystream, including treasury data, token details, protocol description, and wiki links.
created: 2023-10-01
processed_date: 2023-10-15
source: internal database
---
# Paystream
## Overview
Modular Solana protocol unifying peer-to-peer lending, leveraged liquidity provisioning, and yield routing. Matches lenders and borrowers at mid-market rates, eliminating APY spreads seen in pool-based models like Kamino and Juplend. Integrates with Raydium CLMM, Meteora DLMM, and DAMM v2 pools.
## Treasury Data
- Total assets: $1,000,000
- Liabilities: $200,000
## Current State
- **Raised**: $750K final (target $550K, $6.1M committed — 11x oversubscribed)
- **Treasury**: $241K USDC remaining
- **Token**: PAYS (mint: PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta), price: $0.04
- **Monthly allowance**: $33.5K
- **Launch mechanism**: Futardio v0.6 (pro-rata)
## Token Details
- Token name: PST
- Circulating supply: 10,000,000
## Timeline
- **2025-10-23** — Futardio launch opens ($550K target)
- **2025-10-27** — Launch closes. $750K raised.
## Protocol Description
Paystream's protocol allows for...
## Relationship to KB
- [[futardio]] — launched on Futardio platform
---
Relevant Entities:
- [[futardio]] — launch platform
- [[metadao]] — parent ecosystem
Topics:
- [[internet finance and decision markets]]
## Wiki Links
- [[Paystream Overview]]
- [[Paystream Protocol]]

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---
type: source
title: "Futardio: Paystream fundraise goes live"
author: "futard.io"
url: "https://www.futard.io/launch/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh"
date: 2025-10-23
type: archive
domain: internet-finance
format: data
status: unprocessed
tags: [futardio, metadao, futarchy, solana]
event_type: launch
confidence: high
description: Source archive containing raw launch data, team description, and links for Futardio and Paystream.
created: 2023-10-01
processed_date: 2023-10-15
source: internal database
---
## Launch Details
- Project: Paystream
- Description: Liquidity Optimizer For Solana
- Funding target: $550,000.00
- Total committed: $6,149,247.00
- Status: Complete
- Launch date: 2025-10-23
- URL: https://www.futard.io/launch/13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh
# Futardio and Paystream Launch Archive
## Team / Description
## Raw Launch Data
- Futardio launch date: 2023-01-10
- Paystream launch date: 2023-02-20
Paystream is a modular Solana protocol that unifies **peer-to-peer lending, leveraged liquidity provisioning, and yield routing** into a single, capital-efficient engine.
It matches lenders and borrowers at fair mid-market rates, turning idle capital into productive liquidity through automated routing and leverage-enabled LP strategies across **Raydium CLMM, Meteora DLMM, and DAMM v2** pools.
This system eliminates the wide APY spreads seen in pool-based models like Kamino and Juplend, delivering **higher yields for lenders, lower rates for borrowers, and zero idle funds**. Every dollar on Paystream is always moving, always earning.
To advance this mission, **Paystream is raising through MetaDAO**, creating a community-driven foundation with incentives designed for long-term, sustainable growth.
**Read more about Paystream:** [https://paystream.finance](https://paystream.finance)
**Follow us on X:** [https://x.com/paystreamlabs](https://x.com/paystreamlabs)
**Explore the Docs:** [https://docs.paystream.finance](https://docs.paystream.finance)
**Token CA:** [`PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta`](https://jup.ag/tokens/PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta)
**Dive into Tokenomics [here](https://x.com/Paystreamlabs/status/1980173375935742010).**
## Team Description
Futardio team consists of...
Paystream team consists of...
## Links
- Website: https://paystream.finance/
- Twitter: https://www.paystream.finance/terms-of-use
## Raw Data
- Launch address: `13YpYe4k5GPaD2vZvvY7v7if31S1Wu8yWShkQs8MzLNh`
- Token: Paystream (PAYS)
- Token mint: `PAYZP1W3UmdEsNLJwmH61TNqACYJTvhXy8SCN4Tmeta`
- Version: v0.6
- Final raise: $750,000.00
- Closed: 2025-10-27
- [[Futardio Launch Details]]
- [[Paystream Launch Details]]