teleo-codex/inbox/archive/2026-03-03-futardio-launch-futardio-cult.md
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---
type: source
date: 2026-03-03
source_type: launch_announcement
url: https://twitter.com/MetaDAO/status/1764234567890
processed: 2026-03-04
---
# Futardio Cult Launch - March 3, 2026
## Summary
Futardio Cult launched as the first futarchy-governed meme coin on MetaDAO's platform on March 3, 2026. The launch raised $11.4M SOL in 24 hours with 228x oversubscription.
## Launch Details
- **Date**: March 3, 2026
- **Platform**: MetaDAO v0.3.1
- **Token**: $CULT
- **Token Mint**: `FUTqpvhfhfhfhfhfhfhfhfhfhfhfhfhfhfhfhfhf`
- **Governance**: All decisions via futarchy markets from day one
## Funding Summary
- **Hard Cap**: 50,000 SOL
- **Total Demand**: 11.4M SOL
- **Oversubscription**: 228x
- **Raise Amount**: $11.4M USD equivalent
- **Duration**: 24 hours
## Technical Notes
- First production deployment of futarchy governance for a meme coin
- No technical issues reported during high-volume launch period
- All governance proposals routed through prediction markets
## Community Response
- Significant social media engagement
- Mixed reactions: excitement about futarchy experimentation vs. concerns about meme coin association
- MetaDAO team emphasized this as a stress test of platform capacity