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- Source: inbox/archive/2024-06-05-futardio-proposal-fund-futuredaos-token-migrator.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | founded | platform | parent_organization | key_people | key_metrics | tracked_by | created | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | FutureDAO | internet-finance | active | 2024 | Solana | null |
|
rio | 2026-03-11 |
FutureDAO
FutureDAO is a market-governed decentralized organization building the Future Protocol, an on-chain token migration tool for communities to take over abandoned or poorly managed projects. The organization uses MetaDAO's futarchy infrastructure for governance and operates on Solana. FutureDAO was born from the team's own experience taking over $MERTD after the project team rugged.
Timeline
- 2024-06-05 — futuredao-token-migrator proposal passed: Approved $12,000 USDC development budget for token migration tool with 60% presale success threshold and tiered fee structure (2% for <$1M FDMC, 1.5% for <$5M, 1% for <$20M) distributed to Champions NFT stakers
- 2024-06-08 — Token Migrator proposal completed and ended
Relationship to KB
FutureDAO extends 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 by applying conditional market logic to community takeovers of existing projects rather than just initial launches. The token migrator uses SPL-404-enables-fungible-NFT-swap-revenue-for-DAOs-by-bridging-governance-tokens-and-NFT-liquidity-on-Solana to distribute migration fees to staked NFT holders.