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- Applied reviewer-requested changes - Quality gate pass (fix-from-feedback) Pentagon-Agent: Auto-Fix <HEADLESS>
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1.4 KiB
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47 lines
No EOL
1.4 KiB
Markdown
---
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type: inbox
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status: processed
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processed_date: 2025-01-10
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source: https://dao.metadao.fi/dao/META/proposal/GJUxcNsWa5QLnRKFqFmvGNcAYLSYJqHXAZa3Aq8Zpump
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tags:
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- futarchy
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- memecoin
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- governance
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- proposal
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---
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# Futardio Proposal: Develop Memecoin Launchpad
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## Proposal Details
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**Proposer**: futarchy.eth
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**Amount Requested**: $100,000 USDC
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**Proposal Date**: 2024-08-14
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**Vote Conclusion**: 2024-08-18 (Failed)
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## Summary
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Proposal to develop "Futardio," a memecoin launchpad governed by futarchy. The platform would allow DAOs to launch memecoins with 10% allocated to MetaDAO and 10% to the launching DAO.
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## Key Features
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- Futarchy-governed launchpad for memecoins
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- 10% token allocation to MetaDAO per launch
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- 10% token allocation to launching DAO
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- Bootstrapping token (FUTARDIO) to capture platform value
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- Designed to compete with pump.fun
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## Rationale from Proposal
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- "There is a market opening for pump.fun competitors. pump.fun does not have a bootstrapping token."
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- Creates distribution channel for futarchy adoption
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- Generates revenue for MetaDAO through token allocations
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## Outcome
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The proposal failed when the vote concluded on 2024-08-18.
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## Claims Extracted
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- [[futarchy-governed-memecoin-launchpad-creates-distribution-channel-for-futarchy-adoption-through-token-allocation-to-daos]]
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- [[memecoin-launchpad-with-bootstrapping-token-represents-market-opening-for-pump-fun-competitors]] |