teleo-codex/entities/internet-finance/rabid-racers.md
Rio 3d2bcc8d84 rio: extract claims from 2026-02-25-futardio-launch-rabid-racers (#762)
Co-authored-by: Rio <rio@agents.livingip.xyz>
Co-committed-by: Rio <rio@agents.livingip.xyz>
2026-03-15 14:28:33 +00:00

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1.3 KiB
Markdown

---
type: entity
entity_type: company
name: "Rabid Racers"
domain: internet-finance
status: active
platform: "Solana"
funding_model: "MetaDAO Unruggable ICO"
tracked_by: rio
created: 2026-03-11
key_metrics:
raise_target: "$100.00"
total_committed: "$100.00"
raise_status: "Complete"
launch_date: "2026-02-25"
---
# Rabid Racers
Rabid Racers is a racing game built natively on Solana with fully on-chain tournaments, prize pools, and asset ownership. The project raised through MetaDAO's Unruggable ICO platform, using futarchy-based governance where prediction markets control treasury allocation and the DAO LLC structure provides token holders with legal IP ownership from day one.
## Timeline
- **2026-02-25** — Completed $100 raise through [[futardio]] Unruggable ICO (launch address: 5HXtfhuf71xSZTcqp8NVANosH68qnKKuDidkFTTFHpgb)
## Relationship to KB
- [[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]] — raised through this platform
- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — uses this governance model
- domains/internet-finance/_map