a680ff0ac1
- Source: inbox/archive/2026-02-25-futardio-launch-rabid-racers.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
38 lines
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2.1 KiB
Markdown
38 lines
No EOL
2.1 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Rabid Racers"
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domain: internet-finance
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status: active
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platform: "Solana"
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parent_dao: "[[metadao]]"
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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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raise_target: "$100.00"
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total_committed: "$100.00"
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raise_status: "Complete"
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launch_date: "2026-02-25"
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launch_platform: "futardio"
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token_symbol: "6tS"
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token_mint: "6tSJq2sA4kdqEMy9WxgRPTYpdtAiC954quENGvj6meta"
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---
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# Rabid Racers
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Rabid Racers is an on-chain racing game built natively on Solana where tournaments, prize pools, and asset ownership are enforced by the blockchain. The project raised through MetaDAO's Unruggable ICO platform using futarchy governance, with all race mechanics, tournament settlements, and NFT ownership operating on-chain. The game positions itself as addressing crypto gaming's broken promises around player ownership by making treasury governance, IP ownership, and economic mechanics verifiable and tamper-proof from launch.
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## Timeline
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- **2026-02-25** — Completed $100 fundraise on [[futardio]] using MetaDAO's Unruggable ICO model with futarchy-governed treasury and DAO LLC IP ownership structure
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## Relationship to KB
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- [[metadao]] — raised through MetaDAO's Unruggable ICO platform
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- [[futardio]] — launch platform
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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]] — exemplifies the ownership coin model
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- [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] — uses this governance structure
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## Notes
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This appears to be a test or demonstration launch given the trivial $100 raise amount. The project's significance lies in its articulation of the ownership coin value proposition for gaming rather than its capital formation success. The pitch document provides detailed reasoning about why futarchy governance aligns with on-chain gaming integrity, making it notable as a case study in how projects frame the Unruggable ICO model's benefits to their specific vertical. |