m3taversal
6a5b80e25c
New decision records with full proposal text for projects that previously had zero governance documentation in the KB. Omnipair (4): - OMFG-001: Increase Allowance to $50K/mo (Passed, 2025-10-03) - OMFG-002: Fund Security Audits $64K (Passed, 2025-10-31) - OMFG-003: Migrate to V0.6 (Passed, 2026-02-16) - OMFG-004: Strategic Ecosystem Investment $20K (Passed, 2026-03-12) Ranger (3): - ICO Launch: $86.4M committed, $6M min (Complete, 2026-01-06) - $2M Buyback at NAV (Passed, 2026-01-12) - Liquidation: contested, citing misrepresentation (Passed, 2026-03-02) Solomon (3): - ICO Launch: $102.9M committed, $8M raised (Complete, 2025-11-14) - DP-00001: Treasury Subcommittee + $150K Legal (Passed, 2026-03-05) - DP-00002: SOLO Acquisition + Incentives Reserve (Passed, 2026-03-13) Loyal (3): - ICO Launch: $75.9M committed (Complete, 2025-10-18) - $1.5M Buyback at NAV (Passed, 2025-11-26) - Liquidity Adjustment: burn 810K tokens (Passed, 2025-12-23) ZKLSOL (4): - ICO Launch: $969K raised (Complete, 2025-10-20) - Burn Team Performance Package (Passed, 2025-11-22) - $200K Buyback (Passed, 2026-01-16) - Restructuring Proposal (Passed, 2026-02-07) Umbra (3): - ICO Launch: $154.9M committed, $3M raised (Complete, 2025-10-06) - UMBRA-001: Fund Security Audits $105K (Passed, 2025-11-12) - Road to Mainnet operational expansion (Passed, 2026-01-13) Futardio cult (3): - ICO Launch: $11.4M committed (Complete, 2026-03-03) - FUTARDIO-001: Omnibus — 90% token burn + $50/mo spend (Passed, 2026-03-04) - $10K Meteora DLMM Liquidity Pool (Passed, 2026-03-17) Kyros (1): - Burn 4.42M unclaimed airdrop tokens (Passed, 2026-01-13) Jito DAO (1): - JTO Vault / TipRouter NCN per JIP-10 (Passed, 2025-01-13) Marinade (1): - SAM Bid Routing to MNDE Stakers per MIP.5 (Passed, 2025-02-04) Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
3.2 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created | key_metrics | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| decision | decision_market | Island: Futardio Fundraise | internet-finance | failed | island | futardio | xpmaxxer | https://v1.metadao.fi/island/trade/FpFytak8JZwVntqDh9G95zqXXVJNXMxRFUYY959AXeZj | 2026-03-04 | 2026-03-05 | fundraise | Island.ag attempted to raise $50K for DeFi loyalty + hotel booking platform, reached only $250 before entering refunding status | rio | 2026-03-11 |
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Island: Futardio Fundraise
Summary
Island.ag launched a futarchy-governed fundraise on Futardio seeking $50,000 to build a DeFi loyalty program combined with a hotel booking platform. The project proposed to help crypto users discover yields while earning Island Points redeemable for luxury hotel discounts. The raise failed dramatically, attracting only $250 in commitments (0.5% of target) before closing in refunding status after one day.
Market Data
- Outcome: Failed (refunding)
- Proposer: xpmaxxer
- Funding Target: $50,000
- Total Committed: $250 (0.5% of target)
- Duration: 1 day (2026-03-04 to 2026-03-05)
- Token: CGa
- Platform: Futardio v0.7
Significance
This fundraise represents one of the weakest market validations on the Futardio platform to date. The 200:1 gap between target and commitments suggests either fundamental skepticism about the DeFi-travel loyalty thesis, concerns about founder credibility (solo founder with hospitality background but limited crypto track record), or timing issues in the market cycle. The project's positioning as "extremely lean" with vibe-coded development and 80% marketing spend may have signaled insufficient technical depth for a capital-intensive two-sided marketplace.
The failure provides a data point on what Futardio's permissionless launch model filters out: projects that cannot attract even minimal community validation fail quickly and cleanly, with automatic refunds protecting early participants.
Relationship to KB
Full Proposal Text
Source: futard.io, launched 2026-03-04
Island.ag: Discover the best DeFi yields. Earn Island Points. Travel in luxury for pennies.
Concept: DeFi loyalty program + hotel booking platform for crypto travelers. Hotels have unsold inventory; crypto users are high-spending, globally mobile demographic. Secret sauce: direct hotel partnerships + gamified raffles for luxury stays.
Raise: Target $50,000. Total committed: $250 (0.5%). Status: Refunding. Closed 2026-03-05.
Use of Funds: ~80% marketing/distribution, ~10% infrastructure, ~10% operations. App developed via vibe coding with minimal costs.
Go-to-Market: Shitposting on CT, travel-focused creators, UGC marketing, conferences. Participation raffle: anyone investing even $1 gets entered for $1,500 in tokens or all-paid luxury Alps holiday.
Founder: xpmaxxer (hospitality industry background). Website: island.ag