d142db6287
- Source: inbox/archive/2026-03-05-futardio-launch-blockrock.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
1.5 KiB
1.5 KiB
| type | entity_type | name | domain | status | founded | platform | key_metrics | tracked_by | created | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | MtnCapital | internet-finance | liquidated | 2025 | metadao |
|
rio | 2026-03-11 |
MtnCapital
First futarchy-governed VC fund that demonstrated liquidation mechanism works but illiquid assets don't fit futarchy well. Launched in 2025 on MetaDAO as an early-stage VC fund, struggled to pass proposals due to difficulty pricing private deals with asymmetric information and long timelines, eventually wound down with holders receiving proportional treasury share.
Timeline
- 2025 — Launched as futarchy-governed early-stage VC fund on MetaDAO
- 2025 — Struggled to pass proposals due to illiquid asset pricing challenges
- 2025 — Wound down with full treasury return to holders via protocol liquidation mechanism
Relationship to KB
- 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 — first major test case
- futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent — successfully demonstrated this mechanism in wind-down
- coin price is the fairest objective function for asset futarchy — struggled because illiquid VC deals are hard to price in conditional markets