teleo-codex/inbox/archive/2024-08-14-futardio-proposal-develop-memecoin-launchpad.md
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---
type: inbox
status: processed
processed_date: 2025-01-23
source: https://dao.metadao.fi/proposal/futardio
---
# FUTARDIO Proposal: Develop Memecoin Launchpad
A proposal submitted to MetaDAO on August 14, 2024 to develop a futarchy-governed memecoin launchpad.
## Key Details
- Platform name: FUTARDIO
- Governance mechanism: Futarchy
- Token distribution: 10% to DAOs, 0.5% to FUTARDIO holders
- Funding requested: $100,000
- Timeline: 6 months
- Vote outcome: Failed on August 18, 2024
## Market Positioning
The proposal argued there was "an opening in the market for a pump.fun with a token" and positioned the platform as a hyperstructure.
## Distribution Strategy
The proposal framed token allocation as solving futarchy's adoption problem: "Futarchy has a distribution problem. DAOs don't want to adopt it because it's unproven, and it's unproven because DAOs don't want to adopt it. This proposal solves that problem by giving DAOs a financial incentive to try futarchy."
## Claims Extracted
- [[proposed-futarchy-governed-memecoin-launchpad-would-create-distribution-channel-for-futarchy-adoption-through-token-allocation-to-daos]]
- [[proposed-memecoin-launchpad-with-bootstrapping-token-suggested-market-opening-for-pump-fun-competitors]]