---
type: entity
entity_type: company
name: "Fancy Cats"
domain: internet-finance
status: failed
website: "https://meow.aol"
tracked_by: rio
created: 2026-03-11
key_metrics:
  funding_target: "$100.00"
  total_committed: "N/A"
  launch_status: "Refunding"
  launch_date: "2026-02-25"
  close_date: "2026-02-25"
  platform: "futardio"
  token_symbol: "5ea"
  token_mint: "5eaktMQvr6PGNaLkRNjjJFgWP33ANfCbUEQDMVgQmeta"
  launch_address: "53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy"
---

# Fancy Cats

AI companion protocol on Solana positioning itself as trainable, evolving digital entities with breeding mechanics and on-chain scarcity. Raised through [[futardio]] unruggable ICO structure with DAO LLC, futarchy treasury governance, and performance-vested founder tokens. Launch failed to meet $100 minimum raise target and immediately entered refunding status.

## Timeline
- **2026-02-25** — Launched futarchy-governed ICO on [[futardio]] with $100 funding target, DAO LLC structure, and performance-based team unlocks; entered refunding status same day

## 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.md]] — launched on this platform
- [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility.md]] — example of failed launch on curated platform