# Ranger Finance

**Type:** Company  
**Domain:** internet-finance  
**Status:** Liquidating  
**Launch Platform:** MetaDAO (curated)  

## Overview

Ranger Finance is a MetaDAO curated ownership coin launch that raised $8M against $86.4M in committed demand. The project subsequently missed revenue projections by 75%, triggering futarchy-governed liquidation proceedings.

## Significance

Ranger Finance serves as the primary cautionary tale for MetaDAO's ownership coin model, demonstrating how futarchy governance can enforce investor protection through market-governed liquidation when teams materially underperform.

## Timeline

- **[Date Unknown]** — Raised $8M through MetaDAO curated launch against $86.4M committed demand
- **[Date Unknown]** — Missed revenue projections by 75%
- **2026-04-03** — Currently liquidating with 90%+ recovery from ICO price through futarchy governance