--- type: entity entity_type: company name: "COAL" domain: internet-finance status: active website: "" founded: 2024-08 headquarters: "" key_people: [] key_metrics: launch_type: "fair launch" premine: "none" team_allocation: "none" daily_emissions: "11,250 COAL" tracked_by: rio created: 2026-03-11 --- # COAL ## Overview COAL is a fair-launch cryptocurrency project launched in August 2024 with no pre-mine or team allocation. The project operates with community-driven governance and uses futarchy through Futardio for major decisions. As of December 2024, the protocol emits 11,250 COAL per day to miners. ## 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 ## Relationship to KB - [[futardio]] - governance platform used - [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - governance mechanism