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extract: 2024-08-31-futardio-proposal-enter-services-agreement-with-organization-technology-llc #964

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leo merged 2 commits from extract/2024-08-31-futardio-proposal-enter-services-agreement-with-organization-technology-llc into main 2026-03-15 18:51:40 +00:00
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entities/internet-finance/futuredao.md
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@ -23,5 +23,6 @@ FutureDAO is a market-governed decentralized organization building the Future Pr
- **2024-06-05** — futuredao-token-migrator proposal passed: Approved $12,000 USDC development budget for token migration tool with 60% presale success threshold and tiered fee structure (2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M) distributed to Champions NFT stakers - **2024-06-05** — futuredao-token-migrator proposal passed: Approved $12,000 USDC development budget for token migration tool with 60% presale success threshold and tiered fee structure (2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M) distributed to Champions NFT stakers
- **2024-06-08** — Token Migrator proposal completed and ended - **2024-06-08** — Token Migrator proposal completed and ended
- **2024-08-30** — Proposed $25,000 budget for Pre-Governance Mandates tool development and entry into Solana Radar Hackathon (September 1 - October 8, 2024). Tool combines multi-criteria decision-making engine with customizable surveys and Web3 integration to facilitate pre-governance community engagement. Proposal passed 2024-09-02.
## Relationship to KB ## Relationship to KB
FutureDAO extends [[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]] by applying conditional market logic to community takeovers of existing projects rather than just initial launches. The token migrator uses [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] to distribute migration fees to staked NFT holders. FutureDAO extends [[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]] by applying conditional market logic to community takeovers of existing projects rather than just initial launches. The token migrator uses [[SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana]] to distribute migration fees to staked NFT holders.

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inbox/archive/2024-08-31-futardio-proposal-enter-services-agreement-with-organization-technology-llc.md
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@ -6,9 +6,12 @@ url: "https://www.futard.io/proposal/53EDms4zPkp4khbwBT3eXWhMALiMwssg7f5zckq22tH
date: 2024-08-31 date: 2024-08-31
domain: internet-finance domain: internet-finance
format: data format: data
status: unprocessed status: enrichment
tags: [futardio, metadao, futarchy, solana, governance] tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal event_type: proposal
processed_by: rio
processed_date: 2026-03-15
extraction_model: "anthropic/claude-sonnet-4.5"
--- ---
## Proposal Details ## Proposal Details
@ -78,3 +81,13 @@ If any significant material expense is to be assessed or significant changes to
- Autocrat version: 0.3 - Autocrat version: 0.3
- Completed: 2024-09-03 - Completed: 2024-09-03
- Ended: 2024-09-03 - Ended: 2024-09-03
## Key Facts
- MetaDAO Proposal 6 passed on 2024-09-03
- Organization Technology LLC expected annualized burn is $1.378M
- Services agreement can be canceled with 30-day notice or immediately for material breach
- First disbursement from MetaDAO LLC to Organization Technology LLC occurred September 1, 2024 or when passed, whichever later
- Proposal created 2024-08-31 by Nallok and Proph3t
- Proposal account: 53EDms4zPkp4khbwBT3eXWhMALiMwssg7f5zckq22tH5
- MetaDAO completed strategic partnership via Proposal 19 four weeks prior