Fundraise records (13 new — borderline threshold >$900 committed): - mycorealms ($158K+$82K), send-arcade ($115K), open-music ($27.5K) - areal ($11.7K+$1.4K), valgrid ($8.5K), sizematters ($5K) - launchpet ($2.1K), seekervault-2 ($2.1K), tridash ($1.7K) - cloak ($1.5K), nfaspace ($1.4K), lobsterfutarchy ($1.2K) - futarchy-arena ($934) All failed to meet funding targets. All include full proposal text. Entity files (3 new): - jito.md: MEV infrastructure + liquid staking + restaking on Solana. JTO token, $2.1B TVL, 94% validator share. First futarchy use: JIP-10 TipRouter decision (Jan 2025). Founded by Lucas Bruder & Zanyar Sherwani. - kyros.md: Liquid restaking on Jito infrastructure. kySOL/kyJTO products, $36M TVL. Mint authority delegated to MetaDAO futarchy. Burned 4.42M unclaimed airdrop tokens via futarchy (Jan 2026). - marinade.md: Oldest Solana liquid staking protocol (2021). mSOL, SAM validator marketplace, $740M TVL. First futarchy use: MIP.5 SAM bid routing (Feb 2025). Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
158 lines
3.9 KiB
Markdown
158 lines
3.9 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Futarchy Arena: Futardio ICO Launch"
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domain: internet-finance
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status: failed
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parent_entity: "[[futarchy-arena]]"
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platform: "futardio"
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proposer: "Futarchy Arena team"
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proposal_url: "https://www.futard.io/launch/8UjuYsm1m8uNNVSeA1NSwvV6ch9G2QC14yKvpXjrRgw"
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proposal_date: 2026-03-04
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resolution_date: 2026-03-05
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category: "launch"
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summary: "Futarchy Arena raised $934 of $50,000 target (1.9% fill rate) for the first competitive futarchy game"
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tracked_by: rio
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created: 2026-03-24
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---
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# Futarchy Arena: Futardio ICO Launch
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## Summary
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Futarchy Arena attempted to raise $50,000 on Futardio to build a competitive on-chain futarchy game where players predict outcomes of strategic decisions via prediction markets and compete on leaderboards. The raise attracted only $934 in commitments (1.9% of target), the lowest absolute amount in this batch, and triggered refunds.
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## Market Data
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- **Outcome:** Failed (Refunding)
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- **Total Committed:** $934
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- **Funding Target:** $50,000
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- **Fill Rate:** 1.9%
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- **Duration:** 2026-03-04 to 2026-03-05
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## Significance
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Futarchy Arena is conceptually interesting as a gamification of futarchy governance itself -- turning prediction-market-based decision-making into a competitive game with leaderboards and seasons. The extremely modest $50K target and $1K/month spending cap suggested disciplined experimentation, yet even this minimal ask failed. This is the most directly futarchy-aligned project in this batch, and its failure to attract funding from a futarchy-native platform underscores the depth of Futardio's liquidity problem.
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## Relationship to KB
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- [[futarchy-arena]] — parent entity
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- [[metadao]] — ICO platform
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## Full Proposal Text
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*Source: futard.io, launched 2026-03-04*
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# Futarchy Arena
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Futarchy Arena is a competitive onchain futarchy game.
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Instead of voting, players predict.
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Every round introduces a strategic decision.
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Participants trade on prediction markets.
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Markets determine the outcome.
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This is futarchy turned into a game.
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---
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# The Game
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Each round follows a simple loop:
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1. A decision is proposed.
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2. YES and NO markets open.
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3. Players take positions.
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4. The outcome is evaluated using predefined metrics.
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5. Markets resolve.
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6. Winners earn rewards and climb the leaderboard.
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Decisions can include:
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- Capital allocations
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- Strategy shifts
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- Reward structure changes
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- Ecosystem experiments
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Every decision has measurable consequences.
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Performance is everything.
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---
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# Leaderboard & Competition
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Futarchy Arena tracks:
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- Prediction accuracy
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- Profitability
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- Risk-adjusted returns
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- Long-term consistency
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Players compete across seasons.
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Top performers gain:
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- Bonus rewards
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- Public recognition
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- Onchain reputation
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- Increased influence in future rounds
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Governance becomes competitive.
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Reputation is earned through skill.
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---
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# Fundraise Parameters
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Fundraise Target: $50,000 USDC
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Monthly Spending Cap: $1,000
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The low spending cap ensures long runway and disciplined experimentation.
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All capital deployments are decided by markets.
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No emotional voting.
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Only measurable outcomes.
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---
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# Market & Differentiation
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Traditional governance relies on token voting.
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Participation is low.
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Decisions are often inefficient.
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Prediction markets exist, but rarely create persistent competition.
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Futarchy Arena combines:
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- Real decisions
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- Market-based resolution
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- Competitive leaderboard
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- Persistent performance tracking
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This creates a new category:
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Futarchy as a Game.
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---
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# Vision
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Futarchy Arena aims to become:
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- A sandbox for experimental governance
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- A competitive arena for strategic thinkers
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- A live demonstration of performance-based decision systems
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Governance should reward skill.
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Futarchy Arena makes that measurable.
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## Raw Data
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- Launch address: `8UjuYsm1m8uNNVSeA1NSwvV6ch9G2QC14yKvpXjrRgw`
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- Token: DXS (DXS)
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- Token mint: `DXSunZYhvgwe78jVk2MKtjpEVzj7hcuAkfi79jxtmeta`
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- Version: v0.7
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- Closed: 2026-03-05
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