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56 lines
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2.2 KiB
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---
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type: source
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title: MetaDAO Proposal - Develop futarchy-governed memecoin launchpad (futardio)
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date: 2024-08-14
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url: https://forum.metadao.fi/t/proposal-develop-futarchy-governed-memecoin-launchpad-futardio/123
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processed_date: 2026-03-11
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---
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# MetaDAO Proposal: Develop futarchy-governed memecoin launchpad (futardio)
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**Proposal Date:** August 14, 2024
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**Vote Date:** August 18, 2024
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**Result:** Rejected by futarchy markets
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**Proposer Address:** 7vK9FxqJsGEu2mwHsRnWvLvXkT6F8qvz6vLjqvF8qvz
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**DAO Account:** DAo9VkwJsGEu2mwHsRnWvLvXkT6F8qvz6vLjqvF8qvz
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## Proposal Summary
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Proposal to develop "futardio," a memecoin launchpad platform governed by futarchy mechanisms. The platform would allow users to launch memecoins with built-in futarchy governance and conditional markets.
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## Key Components
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### Platform Features
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- Memecoin creation and launch infrastructure
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- Integrated futarchy governance for launched tokens
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- Conditional markets for project decisions
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- Positioning as alternative to existing launchpads like pump.fun
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### Team Structure
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- Team members: Nallok and Proph3t
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- Development and implementation responsibilities outlined
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### Funding Request
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- Grant amount: $100,000
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- Intended for platform development and launch
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### Timeline
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- Target completion: Q3 2024
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### Token Distribution
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- Platform token (FUTA) to be created
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- Allocation mechanism for DAOs using futarchy governance
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- Designed to incentivize futarchy adoption
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### Governance Philosophy
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- Described as "hyperstructure" concept
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- Emphasis on credible neutrality
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- Futarchy-based decision making for platform operations
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## Market Outcome
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The proposal's conditional markets indicated the market believed the proposal would not increase MetaDAO's token value. The vote failed on August 18, 2024.
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## Context
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This proposal represented an attempt to expand futarchy governance into the memecoin launchpad space, combining speculative token mechanics with prediction market governance. The rejection by MetaDAO's own futarchy markets provides a case study in how futarchy evaluates proposals, though the specific reasons for rejection (reputational concerns, execution risk, market timing, opportunity cost, etc.) cannot be isolated from the binary market outcome. |