---
type: entity
entity_type: company
name: "COAL"
domain: internet-finance
status: active
tracked_by: rio
created: 2026-03-11
---

# COAL

## Overview
COAL is a fair-launch cryptocurrency project on Solana that launched in August 2024 with no pre-mine or team allocation. The project uses futarchy governance through Futardio for protocol decisions and operates with a mining-based token distribution model.

## Timeline
- **2024-08** — Fair launch with zero pre-mine or team allocation
- **2024-12-05** — [[coal-establish-development-fund]] proposed: 4.2% emissions allocation for development fund
- **2024-12-08** — Development fund proposal failed, maintaining pure fair-launch tokenomics

## Relationship to KB
- [[futardio]] - governance platform
- [[MetaDAO]] - futarchy infrastructure provider