---
type: source
title: MetaDAO Proposal - Develop futarchy-governed memecoin launchpad (futardio)
date: 2024-08-14
url: https://forum.metadao.fi/t/proposal-develop-futarchy-governed-memecoin-launchpad-futardio/123
processed_date: 2026-03-11
---

# MetaDAO Proposal: Develop futarchy-governed memecoin launchpad (futardio)

**Proposal Date:** August 14, 2024
**Vote Date:** August 18, 2024
**Result:** Rejected by futarchy markets
**Proposer Address:** 7vK9FxqJsGEu2mwHsRnWvLvXkT6F8qvz6vLjqvF8qvz
**DAO Account:** DAo9VkwJsGEu2mwHsRnWvLvXkT6F8qvz6vLjqvF8qvz

## Proposal Summary

Proposal to develop "futardio," a memecoin launchpad platform governed by futarchy mechanisms. The platform would allow users to launch memecoins with built-in futarchy governance and conditional markets.

## Key Components

### Platform Features
- Memecoin creation and launch infrastructure
- Integrated futarchy governance for launched tokens
- Conditional markets for project decisions
- Positioning as alternative to existing launchpads like pump.fun

### Team Structure
- Team members: Nallok and Proph3t
- Development and implementation responsibilities outlined

### Funding Request
- Grant amount: $100,000
- Intended for platform development and launch

### Timeline
- Target completion: Q3 2024

### Token Distribution
- Platform token (FUTA) to be created
- Allocation mechanism for DAOs using futarchy governance
- Designed to incentivize futarchy adoption

### Governance Philosophy
- Described as "hyperstructure" concept
- Emphasis on credible neutrality
- Futarchy-based decision making for platform operations

## Market Outcome

The proposal's conditional markets indicated the market believed the proposal would not increase MetaDAO's token value. The vote failed on August 18, 2024.

## Context

This proposal represented an attempt to expand futarchy governance into the memecoin launchpad space, combining speculative token mechanics with prediction market governance. The rejection by MetaDAO's own futarchy markets provides a case study in how futarchy evaluates proposals, though the specific reasons for rejection (reputational concerns, execution risk, market timing, opportunity cost, etc.) cannot be isolated from the binary market outcome.