50 lines
2.4 KiB
Markdown
50 lines
2.4 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "MetaDAO: Should MetaDAO Create Futardio?"
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domain: internet-finance
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status: failed
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tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-11
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parent_entity: "[[metadao]]"
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platform: "futardio"
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proposer: "unknown"
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proposal_url: "https://www.futard.io/proposal/zN9Uft1zEsh9h7Wspeg5bTNirBBvtBTaJ6i5KcEnbAb"
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proposal_date: 2024-11-21
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resolution_date: 2024-11-25
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category: strategy
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summary: "Minimal proposal to create Futardio — failed, likely due to lack of specification and justification"
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tags: ["futarchy", "futardio", "governance-filtering"]
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---
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# MetaDAO: Should MetaDAO Create Futardio?
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## Summary
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A minimal one-sentence proposal: "Futardio is a great idea and needs to happen." Filed under the "Program" category. Failed within 4 days. No budget, no specification, no implementation plan. The proposer identity is not associated with core team members.
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## Market Data
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- **Outcome:** Failed (2024-11-25)
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- **Autocrat version:** 0.3
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- **Key participants:** Unknown proposer
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## Significance
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This failed proposal is more informative than many that passed. It demonstrates futarchy's quality filtering function — the market rejected an unsubstantiated proposal despite the concept (Futardio/permissionless launchpad) eventually being approved three months later with proper specification (see [[metadao-release-launchpad]]). The market distinguished between "good idea" and "well-specified proposal," rejecting the former and approving the latter.
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This is concrete evidence against the criticism that futarchy markets are easily manipulated or that token holders vote based on vibes rather than substance. The failure also shows that non-founder community members can propose, even if their proposals face higher scrutiny.
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Note: The later "Release a Launchpad" proposal (2025-02-26) by Proph3t and Kollan succeeded — same concept, dramatically better specification.
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## Relationship to KB
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- [[metadao]] — governance decision, quality filtering
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- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — this proposal was too simple to pass
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- [[futarchy is manipulation-resistant because attack attempts create profitable opportunities for defenders]] — the market correctly filtered a low-quality proposal
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---
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Relevant Entities:
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- [[metadao]] — parent organization
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- [[futardio]] — the entity that was eventually created
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Topics:
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- [[internet finance and decision markets]]
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