2.1 KiB
2.1 KiB
| type | entity_type | name | domain | handles | twitter_id | status | tracked_by | created | last_updated | role | affiliations | tags | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | person | Proph3t | internet-finance |
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1544042060872929283 | active | rio | 2026-03-11 | 2026-03-11 | Founder, MetaDAO |
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Proph3t
Overview
Founder of MetaDAO and architect of the Autocrat futarchy implementation on Solana. Built the first functional futarchy governance system at scale. Key intellectual influence on the ownership coin thesis — the idea that tokens with futarchy governance create genuinely investable organizations rather than speculative memecoins.
Significance
- Created the Futarchic AMM — a custom AMM for conditional token markets that no existing AMM can replicate
- Designed the Autocrat program (conditional token markets with TWAP settlement)
- Led the transition from uncapped pro-rata launches to Futardio's unruggable ICO mechanism
- Publicly endorsed by Colin for LP reallocation discussions (potential 10% LP reallocation from Futarchic AMM)
- "Learning fast" — publicly documented iteration speed and intellectual honesty about mechanism design failures
Key Contributions to KB
- Primary source for futarchy mechanism design claims
- MetaDAO governance proposals (hired Robin Hanson as advisor — proposal submitted Feb 2025)
- Pine Analytics quarterly reports provide data on MetaDAO ecosystem health
Relationship to KB
- MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window — designed this
- futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders — implemented this
- MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions — acknowledged this limitation
Relevant Entities:
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