46 lines
2.1 KiB
Markdown
46 lines
2.1 KiB
Markdown
---
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type: entity
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entity_type: person
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name: "Proph3t"
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domain: internet-finance
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handles: ["@metaproph3t"]
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twitter_id: "1544042060872929283"
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status: active
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tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-11
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role: "Founder, MetaDAO"
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affiliations: ["[[metadao]]", "[[futardio]]"]
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tags: ["futarchy", "mechanism-design", "solana", "metadao-ecosystem"]
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---
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# Proph3t
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## Overview
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Founder of MetaDAO and architect of the Autocrat futarchy implementation on Solana. Built the first functional futarchy governance system at scale. Key intellectual influence on the ownership coin thesis — the idea that tokens with futarchy governance create genuinely investable organizations rather than speculative memecoins.
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## Significance
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- Created the Futarchic AMM — a custom AMM for conditional token markets that no existing AMM can replicate
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- Designed the Autocrat program (conditional token markets with TWAP settlement)
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- Led the transition from uncapped pro-rata launches to Futardio's unruggable ICO mechanism
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- Publicly endorsed by Colin for LP reallocation discussions (potential 10% LP reallocation from Futarchic AMM)
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- "Learning fast" — publicly documented iteration speed and intellectual honesty about mechanism design failures
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## Key Contributions to KB
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- Primary source for futarchy mechanism design claims
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- MetaDAO governance proposals (hired Robin Hanson as advisor — proposal submitted Feb 2025)
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- Pine Analytics quarterly reports provide data on MetaDAO ecosystem health
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## Relationship to KB
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- [[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]] — designed this
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- [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]] — implemented this
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- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] — acknowledged this limitation
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---
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Relevant Entities:
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- [[metadao]] — founded
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- [[futardio]] — launched
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Topics:
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- [[internet finance and decision markets]]
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