6a80039f2c
- Source: inbox/archive/2024-12-05-futardio-proposal-establish-development-fund.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
32 lines
1.3 KiB
Markdown
32 lines
1.3 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "COAL"
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domain: internet-finance
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status: active
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founded: 2024-08
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website: ""
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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launch_type: "fair launch"
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premine: "none"
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team_allocation: "none"
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base_emission_rate: "11,250 COAL/day"
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governance_platform: "futardio"
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---
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# COAL
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## Overview
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COAL is a community-driven cryptocurrency project that launched in August 2024 with a fair launch model—no pre-mine and no team allocation. The project uses futarchy governance through Futardio and operates on a proof-of-work mining model with daily emissions. The zero-allocation launch model creates sustainability questions around funding protocol development.
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## Timeline
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- **2024-08** — Fair launch with no pre-mine or team allocation
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- **2024-12-05** — [[coal-establish-development-fund]] proposed: 4.2% emissions allocation for development fund
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- **2024-12-08** — Development fund proposal failed, maintaining zero-allocation model
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## Relationship to KB
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- Example of [[futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations]] — attempted to add issuance post-launch
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- Uses [[futardio]] for governance decisions
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- Tests whether fair-launch tokens can fund development without initial allocations
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