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>
30 lines
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1.5 KiB
Markdown
30 lines
No EOL
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: MtnCapital
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domain: internet-finance
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status: liquidated
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founded: 2025
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platform: metadao
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key_metrics:
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strategy: "early-stage VC fund"
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outcome: "wound down with full treasury return"
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tracked_by: rio
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created: 2026-03-11
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---
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# MtnCapital
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**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.
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## Timeline
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- **2025** — Launched as futarchy-governed early-stage VC fund on MetaDAO
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- **2025** — Struggled to pass proposals due to illiquid asset pricing challenges
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- **2025** — Wound down with full treasury return to holders via protocol liquidation mechanism
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## Relationship to KB
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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]] — first major test case
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- [[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
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- [[coin price is the fairest objective function for asset futarchy]] — struggled because illiquid VC deals are hard to price in conditional markets |