--- type: entity entity_type: decision_market name: "FutureDAO: Fund FutureDAO's Token Migrator" domain: internet-finance status: passed parent_entity: "[[futuredao]]" platform: "futardio" proposer: "FutureDAO" proposal_url: "https://www.futard.io/proposal/BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6" proposal_date: 2024-06-05 resolution_date: 2024-06-08 category: "mechanism" summary: "Approve development of token migration tool for community takeovers of abandoned projects" tracked_by: rio created: 2026-03-11 --- # FutureDAO: Fund FutureDAO's Token Migrator ## Summary Proposal to develop and launch FutureDAO's Token Migrator, enabling communities to execute structured on-chain migrations from abandoned or poorly managed tokens to new tokens. The tool uses conditional presale mechanics (60% threshold) to ensure migrations only proceed with demonstrated community commitment, with all protocol fees flowing to staked Champions NFT holders. ## Market Data - **Outcome:** Passed - **Proposer:** FutureDAO - **Budget:** $12,000 USDC ($6K development, $6K audits) - **Proposal Account:** BMZbX7z2zgLuq266yskeHF5BFZoaX9j3tvsZfVQ7RUY6 - **Resolution:** 2024-06-08 ## Significance This proposal represents FutureDAO's core product launch, establishing the protocol's value proposition for community-driven project recovery. The fee structure (2%/1.5%/1% based on market cap) and 60% presale threshold create novel coordination mechanics for token migrations. The decision to direct all fees to Champions NFT holders rather than DAO treasury establishes a distributed business development model. Projected first-year revenue of $270K from 8 migrations demonstrates market sizing based on Solana's history of 27+ meme coin presales with high abandonment rates. ## Relationship to KB - [[futuredao]] — core product launch - [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — built on MetaDAO infrastructure - [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — similar conditional mechanics