--- type: entity entity_type: person name: "Proph3t" domain: internet-finance handles: ["@metaproph3t"] twitter_id: "1544042060872929283" status: active tracked_by: rio created: 2026-03-11 last_updated: 2026-03-11 role: "Founder, MetaDAO" affiliations: ["[[metadao]]", "[[futardio]]"] tags: ["futarchy", "mechanism-design", "solana", "metadao-ecosystem"] --- # Proph3t ## Overview Founder of MetaDAO and architect of the Autocrat futarchy implementation on Solana. Built the first functional futarchy governance system at scale. Key intellectual influence on the ownership coin thesis — the idea that tokens with futarchy governance create genuinely investable organizations rather than speculative memecoins. ## Significance - Created the Futarchic AMM — a custom AMM for conditional token markets that no existing AMM can replicate - Designed the Autocrat program (conditional token markets with TWAP settlement) - Led the transition from uncapped pro-rata launches to Futardio's unruggable ICO mechanism - Publicly endorsed by Colin for LP reallocation discussions (potential 10% LP reallocation from Futarchic AMM) - "Learning fast" — publicly documented iteration speed and intellectual honesty about mechanism design failures ## Key Contributions to KB - Primary source for futarchy mechanism design claims - MetaDAO governance proposals (hired Robin Hanson as advisor — proposal submitted Feb 2025) - Pine Analytics quarterly reports provide data on MetaDAO ecosystem health ## Relationship to KB - [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] — designed this - [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]] — implemented this - [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — acknowledged this limitation --- Relevant Entities: - [[metadao]] — founded - [[futardio]] — launched Topics: - [[internet finance and decision markets]]