Draft:MetaDAO

MetaDAO is a decentralized autonomous organization (DAO) built on the Solana blockchain, founded in 2023.^[1] It implements futarchy, a market-based governance model, to make decisions on proposals, investments, and token launches.^[2][1] MetaDAO aims to create "unruggable" ICOs and fair token distributions, emphasizing community ownership and performance-based incentives.^[3][4]==History== MetaDAO was founded by pseudonymous developer Proph3t in 2023, emerging from discussions in the Solana ecosystem during the mtnDAO hacker house event.^[1][5] In 2024, it raised $2.2 million in funding led by Paradigm, acquiring a significant stake in its META token.^[6] In 2025, MetaDAO hired futarchy creator Robin Hanson as an advisor.^[7] Associated initiatives include MtnDAO, an experimental crypto fund that uses MetaDAO's futarchy model.^[8]==Governance== MetaDAO uses futarchy for decision-making: Proposals create "pass" and "fail" markets where traders bet on the META token's value. A proposal passes if the "pass" market price exceeds the "fail" one.^[2][1] Roles include analysts (traders), entrepreneurs (proposal raisers), and cyber-agents (executors), with compensation performance-based.^[1] Analysts have described this as a "radical" approach that leverages market incentives to outperform traditional DAO voting, addressing issues like voter apathy and plutocracy.^[5][4]==Projects and ICOs== MetaDAO has facilitated ICOs through its "unruggable" platform, which binds governance to futarchy from launch.^[3][9] Notable raises include:Umbra's $155 million ICO for a privacy protocol powered by Arcium.^[10][3] Other DAOs like Drift, Sanctum, and Marinade have adopted elements of MetaDAO's futarchy for governance.^[2]

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Submission declined on 26 November 2025 by CharlieMehta (talk). This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that: provide significant coverage: discuss the subject in detail, excluding routine coverage like product launches, staff appointments, or financial reports and listings in databases or listicles; are reliable: from reputable outlets with editorial oversight; are independent: not connected to the subject, such as press releases, the subject's own website, or sponsored content. Please add references that meet all three of these criteria. If none exist, the subject is not yet suitable for Wikipedia. If you would like to continue working on the submission, click on the "Edit" tab at the top of the window. If you have not resolved the issues listed above, your draft will be declined again and potentially deleted. If you need extra help, please ask us a question at the AfC Help Desk or get live help from experienced editors. Please do not remove reviewer comments or this notice until the submission is accepted. Where to get help If you need help editing or submitting your draft, please ask us a question at the AfC Help Desk or get live help from experienced editors. These venues are only for help with editing and the submission process, not to get reviews. If you need feedback on your draft, or if the review is taking a lot of time, you can try asking for help on the talk page of a relevant WikiProject. Some WikiProjects are more active than others so a speedy reply is not guaranteed. How to improve a draft Wikipedia:Contributing to Wikipedia – a basic overview on how to edit Wikipedia. Help:Wikitext – how to use the markup Help:Referencing for beginners – how to include references Wikipedia:Article development – how to develop your article Wikipedia:Writing better articles – how to improve your article Wikipedia:Verifiability – make sure your article includes reliable third-party sources You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Add tags to your draft Editor resources Easy tools: Citation bot (help) | Advanced: Fix bare URLs Declined by CharlieMehta 3 months ago. Last edited by SrMessi 15 hours ago. Reviewer: Inform author. This draft has been resubmitted and is currently awaiting re-review.

Submission declined on 24 November 2025 by Thilio (talk). This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that: provide significant coverage: discuss the subject in detail, excluding routine coverage like product launches, staff appointments, or financial reports and listings in databases or listicles; are reliable: from reputable outlets with editorial oversight; are independent: not connected to the subject, such as press releases, the subject's own website, or sponsored content. Please add references that meet all three of these criteria. If none exist, the subject is not yet suitable for Wikipedia. Declined by Thilio 3 months ago.