Areal Finance
RefundingB1Voluntary transparency disclosure following the Blockworks Token Transparency initiative.DeFi RWA hub with yield-bearing tokens
$4625%
$10kraise goal
Raise Unsuccessful
Committed$462.00
Funders1
Raise Goal$10k
This raise did not reach its goal. All committed USDC is being returned to contributors. to claim your refund.
About
Areal Finance
The RWA DeFi Hub — Real Yield, Real Ownership, Real Governance
One protocol to unify real-world asset liquidity, distribute real yield, and govern capital through prediction markets — not politics.
Project Description
Areal is a full-stack on-chain protocol that solves the core problems of the RWA sector: fragmented liquidity, opaque governance, and lack of infrastructure for small and medium businesses.
We provide a purpose-built platform for RWA token creation, liquidity provisioning, and community-governed yield distribution — replacing opaque committee decisions with futarchy governance, where outcomes are evaluated by economic stakes, not opinions.
Stage: Proven concept with a completed pilot — vehicle tokenization in Dubai. Now focused on shipping the product, executing the second RWA pilot, and integrating the legal structure for token issuance.
Round: Seed | Hard Cap: $50,000 | Valuation: $129,000
The team is fully bootstrapped — self-funding all development and operations. Our primary goal is to join MetaDAO, launch futarchy-based governance and voting, and reach sustainability as fast as possible.
The Problem
The RWA market in Web3 is growing fast, but three fundamental issues hold it back:
Fragmented Liquidity — Most RWA protocols issue a separate token per asset, creating dozens of isolated micro-pools. Liquidity is scattered, price discovery is unreliable, capital is trapped, and yield stays siloed. Instead of one deep market, the sector is a patchwork of thin, disconnected pools that can't scale.
Opaque Governance — Key decisions about asset selection, risk, and fund allocation happen offchain with no visibility for token holders. Misaligned incentives, no standardized frameworks, and trust-dependent models recreate the opacity of traditional finance — with none of the benefits of decentralization.
Small & Medium Business Left Behind — Today's RWA tokenization revolves almost entirely around tokenizing equities and large financial instruments. Meanwhile, small and medium businesses — the backbone of the real economy — remain completely underserved. Blockchain's promise of financial democratization enables far more interesting use cases than just putting stocks onchain, yet no infrastructure exists to help SMBs tokenize real assets and access global liquidity.
As long as liquidity is fragmented, governance is opaque, and SMBs have no onramp — RWA cannot become a mainstream DeFi primitive.
Business Model & Revenue
The core objective is a positive treasury balance — continuous inflow into the ARL treasury, with the community deciding via governance whether to distribute yield or accumulate and grow the DAO.
All intellectual property, cash flow logic, and protocol revenue are transferred to the DAO. At this stage, we have built in three primary revenue streams:
1. RWT Engine — Index Token Yield
RWT (Real World Token) is an index token that aggregates yield across all project tokens within the Areal ecosystem. The DAO earns from two mechanisms:
- 1% emission fee — on every RWT mint, 1% goes directly to the DAO treasury
- 5% yield cut — the DAO receives 5% of all yield generated by assets included in the RWT Engine
2. Platform Fees — DEX & Token Issuance
- 0.25% swap fee on every trade executed on the native DEX
- ~1% emission fee on RWA project token issuance — monetization is embedded directly into the tokenization process
3. Liquidity Provisioning
The DAO treasury actively provides liquidity on the platform, earning LP fees and yield from deployed assets. This turns the treasury from a passive reserve into a productive, revenue-generating engine.
4. Reward Distribution Fee
The DAO charges 0.25% on every yield distribution event from RWA projects to their token holders. This fee is collected automatically in favor of the Areal treasury each time rewards are distributed.
All key protocol parameters — including fee rates, yield cuts, and distribution rules — can be modified through community proposals via the futarchy governance mechanism upon successful project launch.
All revenue streams flow into the DAO treasury, driving it toward break-even and sustained growth. The community governs how treasury surplus is allocated — reinvestment, distribution, or accumulation.
Sustainability Point: At a treasury capitalization of ~$500,000, the team reaches the break-even point — revenue generated solely from RWA asset yield fully covers operational expenses. This estimate does not account for additional revenue from swap fees, reward distribution fees, and RWT minting commissions, which further accelerate the path to sustainability.
Market & Differentiation
B2C — Target Users
- Freelancers & digital nomads earning income in crypto who want a passive, compounding yield source backed by real economic activity — not speculation
- Crypto-natives & degens looking for liquidity placement opportunities and additional yield through LP positions on our native DEX
- AI agents — Areal's architecture is designed from day one as infrastructure for the agentic economy, enabling autonomous portfolio management and yield optimization
B2B — Target Clients
- Medium-size projects with an existing user base seeking a platform to tokenize and list their RWA assets — Areal provides turnkey infrastructure to tokenize, distribute yield, maintain liquidity, and manage governance without building a protocol from scratch
Go-to-Market: Solving the Chicken-and-Egg Problem
At launch, Areal operates as a platform for RWA token creation and liquidity provisioning. Instead of building our own user base from scratch, we onboard medium-sized projects that already have communities and customers. These projects use Areal as their tokenization and listing venue — bringing their users onto the platform organically. Each new project adds both supply (new RWA tokens) and demand (their existing audience), solving the cold-start problem from day one.
This approach drastically reduces customer acquisition costs — partner projects handle their own marketing and redirect their paying audience to Areal for deal execution. We don't compete for users in open market; instead, we acquire them through B2B partnerships at near-zero marginal cost.
Competitive Edge
- Only protocol that unifies RWA liquidity into a single deep market
- Only protocol using futarchy for RWA governance — decisions backed by economic stakes, not votes
- No staking required — hold tokens, earn yield every second, claim anytime
- Treasury-first model — all protocol revenue grows the treasury, not team pockets
Use of Funds
Hard Cap: $10000
| Category | Allocation | Amount | Purpose |
|---|---|---|---|
| DAO Treasury | 80% | $8000 Treasury reserves backing protocol value, operations, and participation in RWA projects — accumulating RWA tokens for continuous yield generation | |
| Protocol Liquidity | 20% | $2000 | Initial DEX liquidity for ARL and project token pairs |
Current spending is focused on smart contract development and deployment. The team operates in bootstrapping mode — no overhead, no office, no excess.
Detailed budget allocation will be formalized through a DAO governance proposal once the futarchy framework is live. This capitalization is sufficient to reach the next milestone.
Roadmap & Milestones
Now — Q2 2026: Product Launch
- ARL token launch
- RWA Engine — smart contract deployment on mainnet and adaptation for Areal DAO implementation via futarchy
- RWT Engine launch
- Native DEX launch
- Treasury launch and legalization
- First RWA asset tokenization on Areal legal structure
Q3–Q4 2026: Growth & Legal Framework
- Additional RWA projects onboarded
- Full legal framework for multi-jurisdiction token issuance
- Native DEX with concentrated liquidity pools
- Futarchy governance framework live
- Treasury active management
2027: Scale
- RWA Launchpad — turnkey infrastructure for new projects
- AI agent integration for vault & LP operations
- Cross-chain expansion
Current Traction
Pilot Asset — Vehicle Tokenization in Dubai (September 2025)
- Raised $25,000 from 220 participants who opted in to co-invest in a pilot RWA asset
- Purchased a 2023 Mini Cooper for $23,500 + $1,500 insurance, with an estimated depreciation of ~6% per year
- Signed an investment contract with a mandatory buyback by the asset provider after 3 years
- Leased the vehicle to a carsharing partner: 60% of net revenue goes to the reward fund for distribution to participants, 40% retained by the carsharing operator for operational expenses
- Average APY on the asset since launch: ~26%
Past performance does not guarantee future results. Geopolitical risks, business seasonality, and market conditions may impact future yield.
Next Project — Capsule Retreat Center on Koh Phangan, Thailand
- Asset: Capsule hotel retreat center with up to 100 capsule units
- Cost per capsule: ~$50,000 (including build-out, setup, and land lease)
- Land lease: $150/month per unit
- Expected annual revenue per capsule: ~$10,575
- Projected ROI: ~21.15% per year
The developer behind this project has approached Areal with the intent to launch on our platform within the next 3 months. First buildings are already constructed, and foundations for the next phase are being prepared. The developer is ready to actively raise investment through Areal — making this a strong early B2B case for the platform.
This project is currently in preparation and has not yet launched. Projected figures are based on the business model and local market analysis — actual results may vary.
Protocol Development
- Protocol architecture, tokenomics, and governance model fully documented
- Documentation site live at docs.areal.finance
Links
| Website | areal.finance |
| Docs | docs.areal.finance |
| X | @areal_finance |
| GitHub | github.com/arealfinance |
Areal DAO — Real Yield. Real Ownership. Real Governance.
IP & Legal
All intellectual property listed below will be fully transferred to and owned by the DAO's Cayman SPC entity. The DAO will have clear, enforceable rights to everything that has been built.
GitHub Repositories & Organizations
- Organization: github.com/arealfinance — DAO entity to be the owner with admin-level access
- All current and future repositories containing project code, smart contracts, SDKs, tooling, and documentation
Domain Names
- areal.finance — primary website
- docs.areal.finance — documentation portal
- All future domains acquired for the project
- Ownership of all domains will be transferred to the DAO entity
Brand Assets
- Areal logo and all visual identity assets
- Brand guidelines and design system
- All trademarks (filed or unregistered) associated with the Areal name and products
- All future trademarks, if any are registered
Social Media Accounts
- X (Twitter): @areal_finance
- All other current and future social media accounts operated on behalf of Areal
Deployed Contracts & Programs
- All on-chain smart contracts and programs deployed on Solana
- Upgrade authorities and multisig keys — to be controlled by the DAO
- All future contract deployments
Cloud Infrastructure & API Keys
- Hosting accounts, databases, and third-party service accounts critical to the project
- All API keys and access credentials for infrastructure services
- CI/CD pipelines and deployment configurations
Patents & Licenses
- Any filed or pending patents related to Areal technology
- Open-source license: code is open source — DAO has admin control of all repositories and can change the license at any time
- All future patents or IP filings
Partnership Agreements
- All current and future partnership contracts
- Revenue-sharing agreements and investment contracts
- All B2B agreements signed on behalf of the project
Why this matters: The Cayman SPC entity holds the project's IP on behalf of the DAO — it holds real, enforceable value. Being thorough here ensures the DAO has clear rights to everything that has been built and everything that will be built in the future.
Details
Implied FDV$26K
Launch Price$0.001
Raise Goal$10k
FDV Calculation
Launch Price$0.001
× Total Supply25.8M
= Implied FDV$26K
Supply Breakdown
Initial Float (38.8%)10.0M
Performance Package (50.0%)12.9M
Meteora LP (3.5%)900,000 at $0.001
Futarchy AMM (7.8%)2.0M + $2K
Total Supply25.8M
Governance & Vesting
Monthly Spending Limit$2k
The team can spend up to this amount per month from the treasury without a governance proposal. Larger expenditures must be approved by token holders.
Team Token Unlock
Team tokens are locked for an 18-month cliff. After the cliff, the team can trigger a 3-month TWAP evaluation. Tokens unlock in 20% tranches at each price milestone relative to the ICO price of $0.001.
| Tranche | Price Target | Unlocked |
|---|---|---|
| 2× ICO price | $0.002 | 20% |
| 4× ICO price | $0.004 | 40% |
| 8× ICO price | $0.008 | 60% |
| 16× ICO price | $0.016 | 80% |
| 32× ICO price | $0.032 | 100% |
Each tranche unlocks 20% of team tokens. The price target is measured via a 3-month time-weighted average price (TWAP) to prevent short-term manipulation.
Token
Base Mint
Contributors(1)
100.0%$462
B1 Token Transparency Filing
Voluntary transparency disclosure following the Blockworks Token Transparency initiative.
Areal Finance is a full-stack on-chain protocol for RWA tokenization, liquidity, and governance. We provide infrastructure for projects to tokenize real-world assets, maintain liquidity on a native DEX, and distribute yield to token holders — all governed by the community through futarchy.
The RWA market is growing fast but remains broken. Liquidity is fragmented across dozens of isolated token pools that can't scale. Governance is opaque — key decisions happen offchain with no accountability. And small and medium businesses are left behind entirely, while tokenization today focuses almost exclusively on equities and large financial instruments.
Our mission is to democratize access to real-world asset investment by building open, transparent infrastructure where anyone can participate — and where every decision is driven by economic outcomes, not opinions. We believe RWA should work for businesses of all sizes and investors of all scales.
Artsiom Hnatiuk — Co-Founder & CEO, Areal Foundation Responsible for communications, business development, operations, and product ownership. Background includes participation in SAP hackathon, work with major CIS banking institutions, and research in an asset tokenization lab. Decided to channel this experience into building an independent RWA project from the ground up.
Evgenii Solomein — Co-Founder & CTO, Lead Developer Fullstack developer with deep experience in the Solana ecosystem, smart contract development, and enterprise-level engineering. Previously held Dev Lead roles at major corporations. Currently co-building Areal as a bootstrapped RWA protocol.
(a) IP ownership & control — The project's intellectual property, including codebases/repos and any associated trademarks/brands, is held by a Cayman Islands SPC (Segregated Portfolio Company) formed via MetaLeX. The SPC is governed by the DAO.
(b) Contract/admin powers — Governance is fully onchain and permissionless via the MetaDAO futarchy protocol on Solana. Token holders make decisions by trading conditional outcome tokens on proposal markets. Proposals pass or fail based on market-determined price impact on the project's token. There is no multisig, council, pause/upgrade roles, or centralized admin authority — all decisions are made through futarchy (market-based governance).
(c) Locked-token rights — The price-based performance premine tokens are locked with a minimum 18-month cliff and unlock based on sustained price performance milestones. Locked token holders do not have additional governance or decision-making rights beyond what unlocked token holders have. Locked tokens cannot vote or participate in governance until unlocked.
(d) Value accrual & holder rights — Token holders govern the DAO treasury through futarchy-governed proposals. The DAO treasury funds development directly — there is no separate development company. Revenue distribution and treasury allocation decisions are made via onchain governance proposals.
(e) Dissolution authority — Dissolution of the DAO would require an onchain futarchy governance proposal passed by the market. The Cayman SPC legal wrapper can be wound up per its constitutional documents as directed by DAO governance.
Each project launched through MetaDAO Accelerated has a Cayman Islands SPC (Segregated Portfolio Company) entity formed via MetaLeX. The entity holds the project's intellectual property and is governed by the DAO. There is no separate development company — the DAO treasury funds development directly through futarchy-governed proposals.
(a) Launch supply totals — 25,800,000 total tokens at launch. 10,000,000 tokens issued to ICO participants (unlocked). 2,900,000 tokens issued as protocol-owned liquidity (locked in pools). 12,900,000 tokens allocated as a price-based performance premine (locked with minimum 18-month cliff).
(b) Recipient categories & use of funds — • ICO Participants (10,000,000 tokens): Distributed pro-rata to all participants of the permissionless ICO based on contribution. Tokens are immediately unlocked. • Protocol-Owned Liquidity (2,900,000 tokens): 2,000,000 tokens paired with 20% of funds raised through the ICO in a liquidity pool. 900,000 tokens placed in a single-sided liquidity pool on Meteora. These tokens provide onchain trading liquidity. • Team / Performance Premine (12,900,000 tokens): Allocated to the founding team, subject to price-based vesting. Tokens unlock only if sustained price performance milestones are met.
(c) Initial price per token — Determined at ICO close based on total funds raised divided by 10,000,000 ICO tokens.
(d) Ticker / market symbol — ARL
(e) Total supply & supply regime — 25,800,000 total supply. The supply is fixed — there is no inflation or deflation mechanism.
(f) Initial vesting / release schedules — ICO participant tokens and protocol liquidity tokens are not subject to vesting. The team performance premine has a minimum 18-month cliff. The allocation is divided into 5 tranches of 20% each, unlockable after a 3-month TWAP evaluation period at price multiples of 2×, 4×, 8×, 16×, and 32× relative to launch price. The TWAP oracle can be called at any time but triggers a 3-month evaluation window before tokens are released.
There are no airdrops as part of the MetaDAO Accelerated ICO process. All token distribution occurs through the permissionless ICO mechanism. Any future token distributions would need to be passed via DAO governance proposal following the ICO and are not part of this launch.
There are no market maker agreements. Liquidity is provided through the Accelerated launch mechanism's built-in liquidity pool, which receives 20% of funds raised. There are no token loans, OTC deals, or designated market maker arrangements.
There are no CEX listing agreements. The token trades onchain on Solana DEXs from the moment of launch. No listing fees have been paid, and no exchange has been granted tokens or preferential access.
Series Name: MetaDAO Presale Vehicle: MetaLex powered Cayman Segregated Portfolio Company / Segregated Portfolio Start Date of Sale: [To be determined at launch] Number of Tokens Sold: 10,000,000 ARL tokens distributed to ICO participants pro-rata based on contribution. Vesting Schedules: There are no vesting schedules for ICO participant tokens. All tokens distributed through the presale are immediately unlocked and freely transferable at the conclusion of the ICO.
There are no prior SAFTs, SAFEs, convertible notes, private placements, or other fundraising rounds preceding this launch. No tokens were sold or distributed before this presale.
None. Areal has not yet deployed to mainnet — all smart contracts are currently in development and testing. There have been no security incidents, exploits, or hacks affecting the project to date.
REGULATORY RISKS
Token Classification — Classification of digital tokens varies by jurisdiction and is subject to ongoing regulatory evolution worldwide. Tokens classified as utility instruments in one jurisdiction may be classified differently in another. Regulatory frameworks for digital assets are rapidly evolving and may impose new requirements, restrictions, or obligations at any time.
Multi-Jurisdictional Exposure — Projects operating across multiple jurisdictions may face conflicting or overlapping regulatory obligations. Coordinated regulatory action across jurisdictions could affect the viability of decentralized protocols or token-based systems entirely.
Legal Structure Risk — The legal enforceability of on-chain governance through off-chain legal entities is an evolving area with limited precedent. Changes in legislation may affect the validity or enforceability of existing structures. Courts in some jurisdictions may not recognize the separation of legal entities (veil piercing). Cross-border operations may create unexpected legal liabilities.
Compliance Obligations — Each project within the Areal ecosystem independently bears responsibility for compliance with all applicable laws and regulations in its operating jurisdictions, including tax reporting, KYC/AML procedures, and local securities regulations.
Jurisdictional Restrictions — The Areal protocol is not intended for persons in jurisdictions where such distribution or use would contravene local law. Participants are solely responsible for ensuring compliance with all applicable laws.
TECHNOLOGY RISKS
Smart Contract Vulnerabilities — Code may contain bugs, logic errors, or subtle attack vectors even after auditing. Exploitation could result in loss of funds or protocol disruption. Cross-contract interactions between multiple smart contracts, including third-party integrations, may produce unexpected outcomes.
Blockchain Network Risk — Areal operates on Solana. Validator failures, network congestion, consensus issues, or protocol upgrades may temporarily affect availability and transaction processing.
Oracle and Data Feed Risk — The protocol relies on external data sources for asset pricing, yield calculations, and NAV Book Value updates. Delayed, inaccurate, or manipulated data feeds could affect protocol operations and economic calculations.
Experimental Technology — Smart contracts, decentralized governance, blockchain infrastructure, and the integration of real-world assets with on-chain systems are at an early stage. The integration between on-chain governance and off-chain legal entities is a novel approach with limited precedent. Economic models are theoretical constructs that may not perform as described under all market conditions.
ECONOMIC AND MARKET RISKS
Token Price Volatility — ARL trades on the Native DEX in a standard curve pool — its price is determined by supply and demand and may diverge from Treasury asset value. RWT follows a flatcoin model pegged to NAV Book Value but may temporarily deviate. Ownership Tokens reflect both current asset value and expectations of future yield, which can change unpredictably.
Liquidity Risk — Periods of low trading activity may result in high slippage. Large orders can significantly impact market prices. Temporary imbalances between pools may occur during market volatility. New Ownership Token pools may initially have shallow liquidity.
Yield Variability — Real-world asset yields are inherently variable. Changes in economic conditions, interest rates, occupancy, or market demand may reduce asset income. Lower yields reduce the growth rate of NAV Book Value and may proportionally reduce Treasury income and Reserve Fund inflows. Individual project performance may differ substantially from projections.
REAL-WORLD ASSET (RWA) SPECIFIC RISKS
Physical Asset Risks — RWA tokens are backed by real-world physical assets that are inherently exposed to risks that do not exist in purely digital systems. These include natural disasters (floods, earthquakes, fires), accidents, theft, vandalism, environmental hazards, and other force majeure events that may damage or destroy the underlying asset partially or entirely.
Geopolitical and Local Risks — Assets are located in specific countries and regions, each with its own political stability, legal system, and economic environment. Changes in local government policy, sanctions, armed conflicts, currency controls, property seizure, or civil unrest may directly impact asset value, revenue generation, or the ability to operate.
Seasonality and Market Conditions — Many RWA asset classes (hospitality, rental, transportation) are subject to seasonal demand fluctuations, local economic cycles, and tourism trends. Revenue projections based on peak periods may not hold during off-season or economic downturns.
Project Founder Integrity Risk — Areal is an open platform where third-party projects launch and manage their own RWA assets. There is an inherent risk that project founders may act in bad faith — misrepresenting asset quality, inflating projections, mismanaging funds, or abandoning the project entirely. Areal provides infrastructure and governance tools but does not vet, endorse, or guarantee the honesty or competence of individual project teams. Areal cannot be held responsible for the actions or omissions of third-party project founders.
Insurance and Recovery Limitations — Not all physical assets may be fully insured. Even where insurance exists, claims processes may be slow, partial, or disputed. In the event of total asset loss, recovery for token holders may be limited or impossible depending on the legal structure and insurance coverage of the specific project.
OPERATIONAL RISKS
Asset Performance — Physical assets may suffer from damage, depreciation, vacancy, or obsolescence. Revenue generation depends on real-world market conditions and management quality. Areal provides infrastructure only — it does not manage, control, or supervise project assets or operations.
Counterparty Risk — Projects rely on tenants, service providers, contractors, and other counterparties. Defaults, breaches, or failures by these parties may affect project performance and yield distribution.
Management Quality — Each project is responsible for its own asset management. Poor decisions, mismanagement, or negligence at the project level can lead to reduced yields or loss of asset value.
Force Majeure — Natural disasters, geopolitical events, pandemics, regulatory actions, or other extraordinary circumstances may disrupt asset operations or entire markets.
GOVERNANCE RISKS
Futarchy Limitations — Prediction markets used for governance may produce suboptimal outcomes, particularly under high uncertainty. Low participation may concentrate decision-making influence among a small number of active participants. Markets may be subject to strategic behavior, short-term manipulation, or coordinated action. Effectiveness depends on sufficient market liquidity and informed participants.
Capital Allocation Risk — Governance decisions affecting Treasury allocation, Reserve Fund parameters, and protocol configuration carry inherent economic risk. Incorrect capital allocation decisions reduce ARL value and may weaken the protocol's economic position.
USER RISKS
Wallet Security — As a non-custodial system, Areal does not hold user funds. Users are solely responsible for protecting seed phrases, private keys, and devices. Lost access cannot be recovered.
Protocol Complexity — Areal is a complex system with multiple interacting components (RWT, Ownership Tokens, ARL, DEX pools, yield distribution, governance). Misunderstanding mechanics may lead to incorrect expectations or unintended outcomes.
Transaction Finality — On-chain transactions are irreversible. Errors in token transfers, swap parameters, or governance votes cannot be undone after execution.
Regulatory Exposure for Users — Participants may face tax obligations, reporting requirements, or regulatory restrictions in their jurisdictions. Each user is responsible for understanding and complying with applicable law.
SYSTEMIC RISKS
The following scenarios, while unlikely, could affect the entire ecosystem:
- Complete blockchain failure — prolonged Solana network outage or critical vulnerability
- Severe real-sector disruption — industry shutdowns, systemic financial crises, or geopolitical conflicts affecting multiple projects simultaneously
- Cascading failures — unexpected interactions between protocol modules, external integrations, or market conditions producing systemic effects
- Coordinated regulatory action — multi-jurisdictional regulatory action affecting the viability of decentralized or token-based systems
EXTERNAL DEPENDENCIES
The protocol relies on: Solana blockchain (availability, consensus, transaction processing); project DAO Ownership Companies (independent legal entities managing real assets); third-party data providers and oracles; stablecoin issuers (USDC, USDY) — their solvency and operational continuity; legal and compliance service providers engaged by individual projects. Areal does not control, endorse, or guarantee the performance, reliability, solvency, or regulatory compliance of any third party.
DISCLAIMER
Areal Finance is an infrastructure protocol — not a broker, dealer, custodian, investment adviser, fund manager, or fiduciary. Nothing constitutes an offer to sell or solicitation to buy tokens, securities, or investment products. Areal makes no guarantees regarding profitability, yield, token stability, protocol uptime, data accuracy, or regulatory compliance of any structure within the ecosystem. Participation in the protocol is at the user's own risk. Interaction with experimental technology carries substantial risk of partial or complete loss of funds. Users should consult qualified professionals before participating.
Legal Terms & Disclosures
By contributing to the fundraise for tokens ("Tokens"), you acknowledge and agree to the Futardio Terms of Service. Without limiting the foregoing, you also acknowledge and agree to all of the following information, terms and conditions:
The above descriptions, terms, and other content were created, determined, and supplied exclusively by prospective project contributors related to the ICO and are being republished on futard.io for convenience of reference only, as third-party content. Furtard.io is a technology platform being used by the prospective project contributors, and the owners and operators of Fudardio.fi and their respective affiliates are not the persons creating, endorsing, sponsoring, or discretionarily operating the ICO. Fudard.io and its owners and operators and their respective affiliates assume no (and by participating in the ICO or otherwise using futard.io, you agree that they shall not have any) responsibility or liability for the accuracy or completeness of the above descriptions, terms and other content, or any other representations, statements, opinions, projections, terms, or information made by or on behalf of the prospective project contributors in connection with the ICO.
The following terms and conditions apply between you, on the one hand, and, on the other hand, both the owners and operators (and their affiliates) of Futard.io or MetaDAO and the prospective ICO project contributors and related legal entity(ies) and their respective affiliates:
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No Guarantees. The Tokens are provided on an "as-is" and "as-available" basis. Participation in the fundraise does not come with any guarantees, promises, or assurances of any kind, including—but not limited to—financial return, performance, future utility, or access to any platform, product, or service.
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Not an Offer of Securities. The Tokens do not represent a security, equity, loan, or ownership interest in any entity or project. Participation in this fundraise is not intended to be, and shall not be construed as, an offering of securities, nor does it constitute an offer or solicitation in any jurisdiction where such activity is unlawful. You are responsible to refrain from participation in the ICO if your jurisdiction does not permit such participation.
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Final Sale. All contributions made as part of the fundraise are final and non-refundable. By participating, you understand and accept that you will not be entitled to a refund or compensation under any circumstances, including but not limited to loss of value or inability to use the Tokens.
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No Liability for Losses. To the fullest extent permitted by applicable laws, neither the organizers of this fundraise nor any of their affiliates, agents, advisors, officers, or representatives shall be liable for any direct or indirect loss or damage you may suffer, including without limitation: trading losses, loss of data, revenue, profit, or opportunity; or any errors, delays, or technical failures related to the fundraise or the Tokens.
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Nature of Token MetaDAO Platform ICOs. You acknowledge and agree that the ICO is a transaction entirely by and among ICO participants, in which such participants contribute certain blockchain tokens into the sole control or custody of Solana-based "smart contracts" or "programs" as a method of establishing a decentralized autonomous decision market oriented toward the research, development, promotion and/or utilization of the above-described project. The ensuing market oracle–sometimes also referred to as a type of "DAO"-- is intended to govern both the deposited tokens and aspects of the related project, using "Futarchy". These smart contracts or programs exist independently of Futard.io or MetaDAO, on the Solana blockchain, and do not have a legal "owner" or "custodian", but instead will be controlled by the market-based governance process embedded in the decision market protocol, as expressed in the code of the smart contracts/programs. The deposited tokens do not represent a capital investment in any legal entity (including the legal entity referred to in the following paragraph) or group of managers or entrepreneurs, and the decision market may revoke funds out of the pool at any time, or may cease using the funds for the currently contemplated project or using them to pay the currently contemplated prospective project contributors, and may instead use them for other purposes, as determined by the decision market oracle aka "DAO." The current prospective project contributors will not immediately own or have any discretionary or managerial control of the deposit pool, and any related services such prospective project contributors provide will be on an independent contractor basis to the community, as determined on an ongoing basis by the decision market oracle aka "DAO." The tokens issued by the program/smart contract in exchange for deposited funds are not initially owned by, and are not being sold or offered by, Futard.io or MetaDAO or the prospective project contributors or any related entity(ies), but rather are issued by the smart-contract/system itself to enable ongoing functionality of the related decision market oracle aka "DAO". Any funds received from the deposit pool by the current prospective project contributors or future project contributors represent retroactive or prospective compensation for work done or to be done by such project contributors that is approved by the related decision market oracle aka "DAO", on the initiative of, and based on the managerial or entrepreneurial efforts of, participants in that market aka "DAO participants".
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DAO-Adjacent Entity aka BORG. One or more members of the prospective project contributors may have established a particular type of legal entity related to the project. These entities, known as cybernetic organizations, aka 'BORGs", hold intellectual property related to the project and may receive the funds, if any, determined by the decision market oracle to be paid to the prospective project contributors as compensation for work done or to be done related to the project. BORGs contain special rules designed to provide accountability of project contributors to the community, including prohibiting the issuance of equity securities and requirements to consult the decision market oracle (sometimes on a signaling basis, sometimes on a binding basis) for decisions related to their work on the project and the related intellectual property and assets. Many of these entities are "segregated portfolios" of a Cayman Islands entity called Futarchy Governance SPC. Segregated portfolios provide separate layers of assets and liabilities within this entity, and each particular segregated portfolio is managed in the sole discretion of its "Manager(s)", subject to the terms and conditions of Futarchy Governance SPC and the Operating Agreement of that specific segregated portfolio. The ICO does not represent an investment in the SPC or segregated portfolio, and participants in the ICO and holders of the tokens being issued in the ICO do not have any legal rights in or ownership of the SPC or segregated portfolio, and are not owed any fiduciary or other duties by the participants in the SPC or segregated portfolio, but the SPC, in respect of the segregated portfolio, is legally required to abide by certain determinations of the decision market created by the ICO. Please review the project description above to determine the specific legal entity(ies) or other arrangements identified by the prospective project contributors. You hereby acknowledge and agree that you have reviewed, or had the opportunity to review, the information and documents presented or linked to from that description and acknowledge, consent to and accept the risks of all related legal entities and arrangements.
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Understanding the Mechanism. This is an onchain fundraising mechanism with a fixed token supply and an uncapped USDC raise. A minimum funding threshold applies. There is no in-protocol cap on the amount that may be claimed beyond the stated minimum. If the minimum funding threshold is not reached, all contributed funds will be returned to participants. By participating, you confirm that you understand the program and have reviewed the relevant documentation available at https://docs.metadao.fi.
By contributing or attempting to contribute to the fundraise for Tokens, you confirm that you have read, understood, and accepted the terms above.