teleo-codex/entities/internet-finance/mtncapital.md
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Co-Authored-By: Claude Opus 4.6 (1M context) <noreply@anthropic.com>
2026-04-21 14:54:41 +01:00

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Markdown

---
name: "mtnCapital"
ticker: "$MTN"
type: entity
subtype: ownership-coin
domain: internet-finance
status: liquidated
launch_platform: metadao-curated
launch_date: "2025-H2"
raise:
target_usd: null
amount_raised_usd: 5700000
amount_committed_usd: null
oversubscription_ratio: null
initial_token_price_usd: 0.001
operations:
monthly_allowance_usd: null
chain:
token_mint: "mtnc7NNSpAJuvYNmayXU63WhWZGgFzwQ2yeYWqemeta"
network: solana
market_cap_usd: null
price_usd: null
circulating_supply: null
total_supply: null
treasury_multisig: null
treasury_multisig_usd: null
lp_pools: []
equity_value_usd: null
data_updated: null
holders: []
traction:
revenue_monthly_usd: null
customers: null
key_metrics: []
liquidation:
date: "2025-09"
return_per_dollar: null
reason: "First futarchy-governed liquidation on MetaDAO platform"
tracked_by: rio
---
# mtnCapital
mtnCapital was the first ownership coin launched through MetaDAO's curated ICO process and the first to be liquidated via futarchy governance (~September 2025). The liquidation established the enforcement precedent that made the "unruggable ICO" thesis credible — proving tokenholders could use conditional markets to force capital return when a project underperformed.
## Gaps
- Committed amount and oversubscription ratio unknown
- Liquidation return-per-dollar not documented
- Exact liquidation date and mechanism details need confirmation
- Treasury multisig address unknown
- Monthly allowance unknown
## Timeline
- **2025-H2** — Launched as first curated ownership coin on MetaDAO
- **~2025-09** — Liquidated via futarchy governance, capital returned to holders
---
Relevant Notes:
- [[metadao]] — launch platform
- [[ranger-protocol]] — second liquidation, higher-profile enforcement
Topics:
- [[maps/internet finance and decision markets]]