3e267d3d51
- Applied 2 entity operations from queue - Files: entities/internet-finance/colosseum.md, entities/internet-finance/metadao.md Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
23 lines
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1.3 KiB
Markdown
23 lines
No EOL
1.3 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Colosseum
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domain: internet-finance
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status: active
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tracked_by: rio
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created: 2026-03-11
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---
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# Colosseum
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## Overview
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Colosseum operates Solana's hackathon infrastructure, runs an accelerator program for winning founders, and invests in early-stage Solana startups. The organization positions itself as a funnel for developer talent into the Solana ecosystem, claiming that a majority of VC-backed Solana startups originated in their hackathons.
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## Timeline
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- **2024-03-19** — [[metadao-otc-trade-colosseum]] proposed: $250,000 USDC acquisition of META tokens with 20% immediate unlock and 80% vested over 12 months
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- **2024-03-24** — [[metadao-otc-trade-colosseum]] passed: Colosseum completed OTC acquisition of META tokens from MetaDAO treasury
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- **2024-03-19** — Proposed $250k OTC acquisition of META tokens from MetaDAO treasury using conditional TWAP pricing (capped at $850, void above $1,200), with 20% immediate unlock and 80% vesting over 12 months. Included commitment to sponsor MetaDAO in next DAO track hackathon ($50-80k value). Proposal passed 2024-03-24.
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## Relationship to KB
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- [[metadao]] — strategic investor and ecosystem partner
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- Demonstrates institutional adoption of futarchy-governed token sales as fundraising mechanism |