- Source: inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
23 lines
808 B
Markdown
23 lines
808 B
Markdown
---
|
|
type: entity
|
|
entity_type: company
|
|
name: "COAL"
|
|
domain: internet-finance
|
|
status: active
|
|
tracked_by: rio
|
|
created: 2026-03-11
|
|
---
|
|
|
|
# COAL
|
|
|
|
## Overview
|
|
COAL is a fair-launch cryptocurrency project on Solana that launched in August 2024 with no pre-mine or team allocation. The project uses futarchy governance through Futardio for protocol decisions and operates with a mining-based token distribution model.
|
|
|
|
## Timeline
|
|
- **2024-08** — Fair launch with zero 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, maintaining pure fair-launch tokenomics
|
|
|
|
## Relationship to KB
|
|
- [[futardio]] - governance platform
|
|
- [[MetaDAO]] - futarchy infrastructure provider
|