teleo-codex/entities/internet-finance/rabid-racers.md
Teleo Agents 3b0ab3bcd9 rio: extract from 2026-02-25-futardio-launch-rabid-racers.md
- Source: inbox/archive/2026-02-25-futardio-launch-rabid-racers.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 12:45:24 +00:00

38 lines
No EOL
1.9 KiB
Markdown

---
type: entity
entity_type: company
name: "Rabid Racers"
domain: internet-finance
status: active
platform: "Solana"
parent_dao: "[[metadao]]"
tracked_by: rio
created: 2026-03-11
key_metrics:
ico_raise_target: "$100.00"
ico_total_committed: "$100.00"
ico_status: "Complete"
ico_date: "2026-02-25"
launch_platform: "futardio"
token_symbol: "6tS"
governance_model: "futarchy"
---
# Rabid Racers
Rabid Racers is a racing game built natively on Solana where tournaments, prize pools, and asset ownership are enforced on-chain. The project raised through MetaDAO's Unruggable ICO platform on Futardio, completing a $100 fundraise on 2026-02-25. The game positions itself as a fully on-chain competitive racing experience where NFT cars and characters are genuine player-owned assets integral to competitive play.
## Timeline
- **2026-02-25** — Completed $100 ICO raise through Futardio using MetaDAO's Unruggable ICO model with futarchy governance
## Relationship to KB
- [[metadao]] — raised capital through MetaDAO's Unruggable ICO platform
- [[futardio]] — launch platform
- [[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]] — exemplifies the platform's use case
- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance structure
## Notes
This is a test/demonstration launch with trivial capital ($100). The pitch document is comprehensive and articulates the Unruggable ICO value proposition clearly, but the actual raise amount suggests this is either a proof-of-concept or a non-serious launch. The entity is tracked primarily as an example of the MetaDAO launch infrastructure in operation, not as a significant gaming project.