why should founders use futarchy? three core reasons: 1) valuable token futarchy tokens are *actually* valuable (unlike 99% of the other governance slop tokens floating around like uni). with futarchy, there is no opaque token/equity relationship, and token holders own all of the project’s IP futarchy enables programmatic token holder protections 2) mintable token without futarchy, crypto teams are forced to pluck a random number from the sky and call it “max token supply.” this is dumb and a pre-futarchy phenomenon max supply is a result of the historic lack of trust between investors and founders. futarchy solves this by letting teams mint new supply *only* when the market deems it +ev. this (finally) makes crypto financing competitive with tradfi 3) founder mode early stage crypto founders spend way too much time engaging in governance theatre. running rigged “votes” to appear decentralized or larping like they care about “community feedback” in the discord futarchy does away with all this by giving token holders actual ownership from day one. at any point token holders can raise a proposal to liquidate the treasury (see mtncapital). there are no governance games with futarchy. put you money where your mouth is or shut up this lets founders focus on what’s actually important — shipping product, getting users, and building a real business futarchy solves the trust problem between token holders and early stage crypto teams. like any radically new idea, there is ofc some friction involved. but it’s worth it for early stage crypto founders, given the unlocks futarchy provides founders futardio
Why would someone want to deal with a board of directors (DAO) at the early stages + let prediction markets decide if they can use capital for any decision they want to take? When they can just get a cheque + keep autonomy. Explain futarchy to me like I’m 5.
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