54 lines
2.7 KiB
Markdown
54 lines
2.7 KiB
Markdown
---
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type: entity
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entity_type: protocol
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name: "Umia Finance"
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domain: internet-finance
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handles: ["@umia_finance"]
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website: https://www.umia.finance
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status: pre-launch
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tracked_by: rio
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created: 2026-03-16
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founded: 2026
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founders: ["Francesco Mosterts"]
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category: "Futarchy governance platform + fundraising via Quantum Markets (Ethereum)"
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stage: pre-launch
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built_on: ["Ethereum"]
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partnerships: ["[[chainbound]]"]
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tags: ["futarchy", "decision-markets", "quantum-markets", "governance", "fundraising", "qORG"]
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---
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# Umia Finance
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## Overview
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Futarchy-governed launch, fundraising, and governance platform on Ethereum. First implementation of Paradigm's Quantum Markets mechanism (June 2025). Enables creation and governance of qORGs (Quantum Organisations) — market-governed organizations backed by immutable onchain protocol and legal framework.
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## Product Components
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- **Quantum Markets** — shared liquidity across all proposal markets. Traders deposit once, receive credits on all active proposals. Non-winning markets fully revert. Solves capital inefficiency of MetaDAO's per-proposal bootstrapping.
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- **CCA (Continuous Crowdsale Auction)** — trust-minimized fundraising mechanism with zkTLS and zkPassport community verification. Rewards early participants.
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- **Decision Markets** — futarchy-based governance where treasury controlled exclusively through market mechanisms. Users trade conditional tokens.
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- **qORGs (Quantum Organisations)** — market-governed organizations. Legal wrapper: Umia Governance SPC.
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## Team & Infrastructure
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- **Chainbound** partnership — blockchain infrastructure R&D ($4.6M seed, August 2024)
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- **Francesco Mosterts** — co-founder of both Chainbound and Umia
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- **Jonas Bostoen** — Chainbound CTO
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## Current State
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- App: "Coming Soon" (pre-launch as of March 2026)
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- First qORG will govern Umia protocol itself using its own decision markets
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- Docs and blog active (Jan-Feb 2026 posts)
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- Launching on Ethereum
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## Competitive Position
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Direct competitor to MetaDAO on Solana. Key differentiation: quantum market mechanism (shared liquidity vs per-proposal bootstrapping). Key disadvantage: no production data vs MetaDAO's 2+ years of live operation.
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## Relationship to KB
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- [[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]] — Ethereum competitor
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- [[quantum-markets-solve-futarchy-capital-inefficiency-by-sharing-liquidity-across-all-proposals-instead-of-bootstrapping-new-markets-per-decision]] — core mechanism
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- [[futarchy-clob-liquidity-fragmentation-creates-wide-spreads-because-pricing-counterfactual-governance-outcomes-has-inherent-uncertainty]] — the problem Umia's quantum markets address
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