teleo-codex/entities/internet-finance/umia.md

2.7 KiB

type entity_type name domain handles website status tracked_by created founded founders category stage built_on partnerships tags
entity protocol Umia Finance internet-finance
@umia_finance
https://www.umia.finance pre-launch rio 2026-03-16 2026
Francesco Mosterts
Futarchy governance platform + fundraising via Quantum Markets (Ethereum) pre-launch
Ethereum
chainbound
futarchy
decision-markets
quantum-markets
governance
fundraising
qORG

Umia Finance

Overview

Futarchy-governed launch, fundraising, and governance platform on Ethereum. First implementation of Paradigm's Quantum Markets mechanism (June 2025). Enables creation and governance of qORGs (Quantum Organisations) — market-governed organizations backed by immutable onchain protocol and legal framework.

Product Components

  • Quantum Markets — shared liquidity across all proposal markets. Traders deposit once, receive credits on all active proposals. Non-winning markets fully revert. Solves capital inefficiency of MetaDAO's per-proposal bootstrapping.
  • CCA (Continuous Crowdsale Auction) — trust-minimized fundraising mechanism with zkTLS and zkPassport community verification. Rewards early participants.
  • Decision Markets — futarchy-based governance where treasury controlled exclusively through market mechanisms. Users trade conditional tokens.
  • qORGs (Quantum Organisations) — market-governed organizations. Legal wrapper: Umia Governance SPC.

Team & Infrastructure

  • Chainbound partnership — blockchain infrastructure R&D ($4.6M seed, August 2024)
  • Francesco Mosterts — co-founder of both Chainbound and Umia
  • Jonas Bostoen — Chainbound CTO

Current State

  • App: "Coming Soon" (pre-launch as of March 2026)
  • First qORG will govern Umia protocol itself using its own decision markets
  • Docs and blog active (Jan-Feb 2026 posts)
  • Launching on Ethereum

Competitive Position

Direct competitor to MetaDAO on Solana. Key differentiation: quantum market mechanism (shared liquidity vs per-proposal bootstrapping). Key disadvantage: no production data vs MetaDAO's 2+ years of live operation.

Relationship to KB