ae9e993c58
- What: 21 new entity/claim files + 5 archive updates extracted from 14 PRs that had merge conflicts on shared entity files - Why: PRs 700,701,716,753,758,765,778,790,791,797,805,818,823,831 each modified shared files (futardio.md, metadao.md, coal.md, drift.md, polymarket.md, paystream.md, avici.md) causing conflicts. PR 788 skipped (archive file already on main). Closed the PRs and consolidated only the new, unique files. - Connections: extends internet-finance entity coverage and health domain claims Pentagon-Agent: Leo <294C3CA1-0205-4668-82FA-B984D54F48AD>
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970 B
Markdown
26 lines
No EOL
970 B
Markdown
---
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type: entity
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entity_type: company
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name: Metaplex Genesis
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domain: internet-finance
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status: declining
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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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q3_launches: "5"
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q3_volume: "$7.53M"
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q4_launches: "3"
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q4_volume: "$5.4M"
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---
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# Metaplex Genesis
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Metaplex Genesis is a curated token launchpad on Solana that has shown declining activity, with launches falling from 5 projects/$7.53M in Q3 to 3 projects/$5.4M in Q4. Represents the middle ground between Pump.fun's permissionless volume and MetaDAO's futarchy-governed curation.
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## Timeline
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- **2026-Q3** — Launched 5 projects raising $7.53M total
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- **2026-Q4** — Declined to 3 launches raising $5.4M, showing -40% launch count and -28% volume quarter-over-quarter
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## Relationship to KB
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- Part of the Solana launchpad competitive landscape alongside Pump.fun (permissionless) and MetaDAO (futarchy-governed)
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- Declining trajectory suggests curated-but-not-futarchy approach may be losing market position |