extract: 2024-08-28-futardio-proposal-test-proposal-based-on-metadao-content #962

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@ -17,6 +17,7 @@ Colosseum operates Solana's hackathon infrastructure, runs an accelerator progra
- **2024-03-19** — [[metadao-otc-trade-colosseum]] proposed: $250,000 USDC acquisition of META tokens with 20% immediate unlock and 80% vested over 12 months
- **2024-03-24** — [[metadao-otc-trade-colosseum]] passed: Colosseum completed OTC acquisition of META tokens from MetaDAO treasury
- **2024-03-19** — Proposed $250,000 OTC acquisition of META tokens from MetaDAO treasury at market price up to $850 per token, with 20% immediate unlock and 80% vesting over 12 months. Proposal passed 2024-03-24. Committed to sponsor DAO track in next Solana hackathon ($50-80k prize pool) as part of strategic partnership.
## Relationship to KB
- [[metadao]] — strategic investor and ecosystem partner
- Demonstrates institutional adoption of futarchy-governed token sales as fundraising mechanism

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@ -54,6 +54,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
- **2026-02-03** — Hurupay fundraise launched targeting $3M, closed Feb 7 at $2M (67% of target) in refunding status
- **2026-03-05** — Seyf AI-native wallet launch: raised $200 against $300,000 target, refunded (99.93% shortfall)
- **2026-03-06** — LobsterFutarchy launch raised $1,183 against $500,000 target, closed in refunding status after one day
- **2024-08-28** — MetaDAO futarchy proposal to build futardio memecoin launchpad created, offering $100k grant over 6 months with Q3 launch target. Proposal failed, project cancelled.
## 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."

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@ -66,6 +66,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2024-01-29** — AMM proposal passed with 400 META on approval and 800 META on completion budget
- **2024-08-31** — Passed proposal to enter services agreement with Organization Technology LLC, creating US entity vehicle for paying contributors with $1.378M annualized burn rate. Entity owns no IP (all owned by MetaDAO LLC) and cannot encumber MetaDAO LLC. Agreement cancellable with 30-day notice or immediately for material breach.
- **2024-03-19** — Colosseum proposes $250,000 OTC acquisition of META with TWAP-based pricing (market price up to $850, voided above $1,200), 20% immediate unlock and 80% 12-month linear vest. Proposal passed 2024-03-24. Includes commitment to sponsor DAO track ($50-80K prize pool) in next Solana hackathon after Renaissance at no cost to MetaDAO.
- **2024-03-19** — Proposal #13: Colosseum OTC acquisition of up to $250,000 worth of META tokens passed. Price mechanism: TWAP of pass market if below $850, capped at $850 if TWAP between $850-$1,200, void if above $1,200. Executed via 5/7 multisig with members from both organizations. Proposal completed 2024-03-24.
## Key Decisions
| Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------|