---
type: inbox
status: processed
processed_date: 2025-01-10
source: https://dao.metadao.fi/dao/META/proposal/GJUxcNsWa5QLnRKFqFmvGNcAYLSYJqHXAZa3Aq8Zpump
tags:
  - futarchy
  - memecoin
  - governance
  - proposal
---

# Futardio Proposal: Develop Memecoin Launchpad

## Proposal Details

**Proposer**: futarchy.eth  
**Amount Requested**: $100,000 USDC  
**Proposal Date**: 2024-08-14  
**Vote Conclusion**: 2024-08-18 (Failed)

## Summary

Proposal to develop "Futardio," a memecoin launchpad governed by futarchy. The platform would allow DAOs to launch memecoins with 10% allocated to MetaDAO and 10% to the launching DAO.

## Key Features

- Futarchy-governed launchpad for memecoins
- 10% token allocation to MetaDAO per launch
- 10% token allocation to launching DAO
- Bootstrapping token (FUTARDIO) to capture platform value
- Designed to compete with pump.fun

## Rationale from Proposal

- "There is a market opening for pump.fun competitors. pump.fun does not have a bootstrapping token."
- Creates distribution channel for futarchy adoption
- Generates revenue for MetaDAO through token allocations

## Outcome

The proposal failed when the vote concluded on 2024-08-18.

## Claims Extracted

- [[futarchy-governed-memecoin-launchpad-creates-distribution-channel-for-futarchy-adoption-through-token-allocation-to-daos]]
- [[memecoin-launchpad-with-bootstrapping-token-represents-market-opening-for-pump-fun-competitors]]