teleo-codex/entities/internet-finance/rabid-racers.md
Teleo Agents 4fdb6aa1f5 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 14:03:23 +00:00

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Markdown

---
type: entity
entity_type: company
name: "Rabid Racers"
domain: internet-finance
status: active
platform: "Solana"
parent_entity: "[[metadao]]"
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"
launch_platform: "futardio"
token_symbol: "6tS"
token_mint: "6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta"
---
# Rabid Racers
Rabid Racers is an on-chain racing game built natively on Solana where tournaments, prize pools, and asset ownership are enforced by the blockchain. The project raised through MetaDAO's Unruggable ICO platform using futarchy-based governance, with all raise proceeds locked in an on-chain treasury governed by prediction markets. The game's intellectual property is assigned to a DAO LLC, giving token holders legal and on-chain ownership from launch.
## Timeline
- **2026-02-25** — Completed $100 fundraise on Futardio using MetaDAO's Unruggable ICO model with futarchy governance
## Relationship to KB
- [[metadao]] — parent platform providing futarchy infrastructure
- [[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 this model
- [[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 minimal test launch ($100 raise target) that demonstrates the Unruggable ICO mechanism but does not represent significant capital formation. The project emphasizes on-chain game mechanics, DAO LLC IP ownership, and performance-gated founder unlocks as core features of the MetaDAO launch model.