# Umbra

**Type:** Protocol  
**Domain:** internet-finance  
**Status:** Active  
**Launch Date:** ~2025-2026  

## Overview

Umbra is an ownership coin launched through MetaDAO's futarchy-governed ICO platform. It is one of eight projects that raised capital through MetaDAO's unruggable ICO mechanism as of early 2026.

## Governance

Umbra operates under futarchy governance with the anti-rug liquidation structure standard to MetaDAO ownership coins.

## Timeline

- **~2025-2026** — Launched ICO through MetaDAO platform
- **2026-04-02** — Confirmed as actively trading ownership coin