---
type: entity
entity_type: company
name: "COAL"
domain: internet-finance
status: active
website: ""
tracked_by: rio
created: 2026-03-11
key_metrics:
  launch_date: "2024-08"
  launch_type: "fair launch"
  pre_mine: "none"
  team_allocation: "none"
  base_emission_rate: "11,250 COAL/day"
---

# COAL

## Overview
COAL is a fair-launch cryptocurrency project launched in August 2024 with no pre-mine or team allocation. The project operates as a community-driven protocol with mining-based token distribution. As of December 2024, the project was considering but ultimately rejected establishing a development fund through emissions allocation.

## Timeline
- **2024-08** — Fair launch with no pre-mine or team allocation
- **2024-12-05** — [[coal-establish-development-fund]] proposed: 4.2% emissions allocation for development fund
- **2024-12-08** — Development fund proposal failed, community rejected dilution for protocol funding

## Relationship to KB
- [[futardio]] - uses Futardio for governance decisions
- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - governance dynamics