--- type: entity entity_type: company name: "Rabid Racers" domain: internet-finance status: active platform: "Solana" parent_entity: "[[metadao]]" tracked_by: rio created: 2026-03-11 key_metrics: raise_target: "$100.00" total_committed: "$100.00" raise_status: "Complete" launch_date: "2026-02-25" launch_platform: "futardio" token_symbol: "6tS" token_mint: "6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta" --- # Rabid Racers Rabid Racers is an on-chain racing game built natively on Solana where tournaments, prize pools, and asset ownership are enforced by the blockchain. The project raised through MetaDAO's Unruggable ICO platform using futarchy-based governance, with all raise proceeds locked in an on-chain treasury governed by prediction markets. The game's intellectual property is assigned to a DAO LLC, giving token holders legal and on-chain ownership from launch. ## Timeline - **2026-02-25** — Completed $100 fundraise on Futardio using MetaDAO's Unruggable ICO model with futarchy governance ## Relationship to KB - [[metadao]] — parent platform providing futarchy infrastructure - [[futardio]] — launch platform - [[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]] — exemplifies this model - [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance structure ## Notes This is a minimal test launch ($100 raise target) that demonstrates the Unruggable ICO mechanism but does not represent significant capital formation. The project emphasizes on-chain game mechanics, DAO LLC IP ownership, and performance-gated founder unlocks as core features of the MetaDAO launch model.