2724613cef
- Source: inbox/archive/2026-03-05-futardio-launch-blockrock.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
1.5 KiB
1.5 KiB
| type | entity_type | name | domain | status | tracked_by | created |
|---|---|---|---|---|---|---|
| entity | company | MtnCapital | internet-finance | liquidated | rio | 2026-03-11 |
MtnCapital
Early-stage VC fund launched on MetaDAO in 2025 as futarchy-governed investment vehicle. Positioned as ownership coin for private deal flow. Struggled to pass proposals due to difficulty pricing illiquid VC bets with asymmetric information, long timelines, and binary outcomes. Wound down in 2025 with holders receiving proportional treasury shares through protocol's built-in liquidation mechanism, demonstrating that MetaDAO's investor protections work even in failure.
Timeline
- 2025 — Launched as futarchy-governed early-stage VC fund on MetaDAO
- 2025 — Struggled to pass proposals due to illiquid asset pricing challenges
- 2025 — Wound down via protocol liquidation mechanism, holders received proportional treasury shares
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 — infrastructure used
- futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent — demonstrated in wind-down
- blockrock-demonstrates-futarchy-governed-liquid-asset-allocation-as-viable-alternative-to-illiquid-vc-bets — MtnCapital's failure motivates BlockRock's liquid asset focus