5f91037d7f
- Source: inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
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1.1 KiB
Markdown
30 lines
No EOL
1.1 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "COAL"
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domain: internet-finance
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status: active
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website: ""
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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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launch_date: "2024-08"
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launch_type: "fair launch"
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pre_mine: "none"
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team_allocation: "none"
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base_emission_rate: "11,250 COAL/day"
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---
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# COAL
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## Overview
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COAL is a fair-launch cryptocurrency project launched in August 2024 with no pre-mine or team allocation. The project operates as a community-driven protocol with mining-based token distribution. As of December 2024, the project was considering but ultimately rejected establishing a development fund through emissions allocation.
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## Timeline
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- **2024-08** — Fair launch with no pre-mine or team allocation
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- **2024-12-05** — [[coal-establish-development-fund]] proposed: 4.2% emissions allocation for development fund
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- **2024-12-08** — Development fund proposal failed, community rejected dilution for protocol funding
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## Relationship to KB
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- [[futardio]] - uses Futardio for governance decisions
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- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - governance dynamics |