teleo-codex/entities/internet-finance/blockrock.md

type	entity_type	name	domain	status	parent_entity	platform	website	twitter	launch_date	key_metrics	tracked_by	created
entity	company	BlockRock	internet-finance	failed	metadao	futardio	https://blockrock.fund	https://x.com/blockrockfund	2026-03-05	raise_target total_committed token_symbol token_allocation team_vesting monthly_allowance $500,000 $100 D9o ico_participants founding_team 95% 5% Unlocks at 2X, 4X, 8X, 16X, 32X TWAPs $5,000	rio	2026-03-11

BlockRock

Futarchy-governed asset management fund positioning as 'BlackRock on the blockchain.' Launched on MetaDAO's Futardio platform 2026-03-05 with mandate for liquid asset allocation using AI proposal generation and conditional decision markets. Failed to reach funding target ($100 raised vs $500K goal), entered refunding status 2026-03-06.

BlockRock's charter argued traditional asset managers suffer from fee misalignment (BlackRock earns 73% revenue from management fees vs 5% performance fees), regulatory restrictions, and organizational bloat (20K+ employees). Proposed solution: treasury-backed ownership tokens, futarchy governance for portfolio decisions, and AI agents generating continuous proposal stream.

The launch failure suggests futarchy adoption friction extends beyond governance DAOs into asset management applications, despite sophisticated value proposition.

Timeline

• 2026-03-05 — Launched on Futardio with $500K raise target, positioning as futarchy-governed alternative to traditional asset managers
• 2026-03-06 — Closed with $100 committed (0.02% of target), status: Refunding

Relationship to KB

• MetaDAO — launched on MetaDAO's Futardio platform using v0.7 ownership coin infrastructure
• futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements — launch failure provides empirical evidence
• blockrock-demonstrates-futarchy-governed-liquid-asset-allocation-as-viable-alternative-to-illiquid-vc-bets — theoretical positioning (untested)