---
name: "mtnCapital"
ticker: "$MTN"
type: entity
subtype: ownership-coin
domain: internet-finance
status: liquidated
launch_platform: metadao-curated
launch_date: "2025-H2"

raise:
  target_usd: null
  amount_raised_usd: 5700000
  amount_committed_usd: null
  oversubscription_ratio: null
  initial_token_price_usd: 0.001

operations:
  monthly_allowance_usd: null

chain:
  token_mint: "mtnc7NNSpAJuvYNmayXU63WhWZGgFzwQ2yeYWqemeta"
  network: solana
  market_cap_usd: null
  price_usd: null
  circulating_supply: null
  total_supply: null
  treasury_multisig: null
  treasury_multisig_usd: null
  lp_pools: []
  equity_value_usd: null
  data_updated: null

holders: []

traction:
  revenue_monthly_usd: null
  customers: null
  key_metrics: []

liquidation:
  date: "2025-09"
  return_per_dollar: null
  reason: "First futarchy-governed liquidation on MetaDAO platform"

tracked_by: rio
---

# mtnCapital

mtnCapital was the first ownership coin launched through MetaDAO's curated ICO process and the first to be liquidated via futarchy governance (~September 2025). The liquidation established the enforcement precedent that made the "unruggable ICO" thesis credible — proving tokenholders could use conditional markets to force capital return when a project underperformed.

## Gaps

- Committed amount and oversubscription ratio unknown
- Liquidation return-per-dollar not documented
- Exact liquidation date and mechanism details need confirmation
- Treasury multisig address unknown
- Monthly allowance unknown

## Timeline

- **2025-H2** — Launched as first curated ownership coin on MetaDAO
- **~2025-09** — Liquidated via futarchy governance, capital returned to holders

---

Relevant Notes:
- [[metadao]] — launch platform
- [[ranger-protocol]] — second liquidation, higher-profile enforcement

Topics:
- [[maps/internet finance and decision markets]]