- 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>
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1.8 KiB
Markdown
38 lines
No EOL
1.8 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Rabid Racers"
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domain: internet-finance
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status: active
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platform: "Solana"
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parent_entity: "[[metadao]]"
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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raise_target: "$100.00"
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total_committed: "$100.00"
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raise_status: "Complete"
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launch_date: "2026-02-25"
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launch_platform: "futardio"
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token_symbol: "6tS"
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token_mint: "6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta"
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---
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# Rabid Racers
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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.
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## Timeline
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- **2026-02-25** — Completed $100 fundraise on Futardio using MetaDAO's Unruggable ICO model with futarchy governance
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## Relationship to KB
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- [[metadao]] — parent platform providing futarchy infrastructure
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- [[futardio]] — launch platform
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- [[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
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- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — governance structure
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## Notes
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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. |