BlockRock
RefundingOwnership Fund
$1000%
$500kraise goal
Raise Unsuccessful
Committed$100.00
Funders1
Raise Goal$500k
This raise did not reach its goal. All committed USDC is being returned to contributors. to claim your refund.
About
BlockRock Charter
BlackRock on the Blockchain
The ownership fund helping people grow wealth with confidence
https://blockrock.fund/charter
Summary
Asset managers (e.g. BlackRock, Vanguard, Fidelity) help people grow their wealth. But traditional asset managers suffer from structural problems that cause underperformance.
BlockRock is an "ownership fund" on Solana with treasury-backed tokens, decision markets, and AI agents to help people grow wealth with confidence.
| Pillar | Description |
|---|---|
| Ownership | Ironclad investor protections |
| Futarchy | Performance-optimized decisions |
| AI | Agentic alpha generation |
Why: The Case for a New Kind of Asset Manager
The $120T+ asset management industry is broken. Most actively managed funds underperform their benchmarks, especially after fees.
Fee Misalignment
BlackRock earns ~73% of its revenue from management fees. These fees are collected regardless of fund performance. Performance fees account for just ~5% of revenue. This incentivizes asset accumulation over performance, consensus-driven investing, and narrative capture (e.g. BlackRock's shifting ESG stance chasing institutional clout).
Regulatory Restrictions
Dense regulation hinders performance. Compliance delays action, fiduciary standards prefer conservative allocations, and cross-border restrictions fragment strategy. The gap between how capital should move and how it can move drags down returns.
Organizational Complexity
Sprawling hierarchies create bureaucratic bloat. Decisions pass through committees, internal politics shape strategy, and huge operational costs reinforce the pressure to prioritize asset gathering. BlackRock has 20,000+ employees, 70+ global offices, and 1,700+ ETFs.
The Death Spiral
These problems reinforce each other in a negative cycle:
fee model incentivizes scale → scale demands complexity → complexity invites compliance → fee model + complexity + compliance = worse decisions → bad decisions reduce performance → fees come in anyway
Why Now
Converging forces are opening a window of opportunity for a new kind of asset manager.
Peak Uncertainty
Investment conviction is at an all-time low.
Growing (let alone preserving) wealth is more difficult, time-consuming, and anxiety-inducing than ever.
- Stocks ranging at all-time highs
- Precious metals swinging violently
- USD reserve status being questioned
- AI threatening to displace white-collar work
- Crypto underperforming expectations
Ownership Infrastructure
MetaDAO's permissionless launchpad lets anyone launch an "ownership coin" whose value is tied to a futarchy-governed treasury. This infrastructure is battle-tested and now publicly available.
In 2025, MtnCapital launched an ownership fund on MetaDAO, positioned as an early-stage VC fund. But it struggled to pass proposals and eventually wound down.
Futarchy governance works by letting markets price competing outcomes, but private VC deals are difficult to price with asymmetric information, long timelines, and binary outcomes.
Liquid asset allocation for risk-adjusted returns gives futarchy the pricing efficiency it requires. Decision markets can evaluate portfolio construction, yield strategies, and value accrual better than illiquid VC bets.
Proof of safety: When MtnCapital wound down, holders received their proportional share of the treasury through the protocol's built-in liquidation mechanism. The system's guarantees worked as intended. Even in failure, no value is lost to extraction or mismanagement.
Onchain Assets
The universe of investable assets on Solana is expanding rapidly. Spot markets, perpetual futures, lending markets, structured yield products, and RWAs (tokenized stocks, bonds, commodities, etc.) are accessible onchain with deep liquidity and composable infrastructure.
The breadth of onchain assets available now rivals what traditional asset managers can access, without the friction.
How: BlockRock's Principles
BlockRock manages assets with a new system where incentives, governance, and execution are rebuilt from first principles.
Ownership
Tokenholders are the primary beneficiaries of fund performance via treasury backing. Minimal management fees are funded transparently from the treasury and adjustable via governance. No percentage-based skimming.
Tokens also enable borderless access. Anyone with a wallet can hold the token, bypassing the geographic and accreditation barriers of traditional funds.
Futarchy
Governance uses conditional decision markets. When a proposal enters, two markets open: one pricing the token if the proposal is adopted, another if rejected. At the end of the period, the condition with the highest time-weighted average price wins.
- Replaces committees with markets. No boardroom politics, no career risk aversion, no consensus-seeking. Decisions are priced by participants with capital at stake to maximize risk-adjusted returns.
- Operates continuously. Speed of capital movement matches speed of opportunity.
- Reinforces incentive alignment. Because participants are token-holders pricing outcomes, the governance layer inherits the ownership layer's alignment. Self-interested pricing incentivizes better decision-making.
AI
AI agents act as always-on analysts, ingesting live data, market signals, and macro context to generate a continuous stream of proposals. Critically:
- They propose, never execute. AI agents have no authority to force decisions — only to submit ideas to the governance layer. Their proposals compete with human submissions on equal footing.
- They are judged purely by market pricing. No institutional bias filters their ideas. Good proposals win regardless of source.
- They scale with compute, not headcount. As AI capabilities grow, the fund's capability grows too. With minimal overhead.
The Positive Flywheel
BlockRock inverts the traditional cycle of bloat and extraction:
ownership incentivizes proposals → proposals create mispricings → mispricings attract traders → traders improve decisions → good decisions improve fund performance → fund performance pumps token → pumps invite ownership
The Resulting User Experience
Passive Holders enjoy increasing treasury-backed value with secure structure, bullish decision-making, and minimal value leakage. Active Investors submit proposals, trade decision markets, and profit for accurate judgment.
What: BlockRock in Practice
The playbook for launching, operating, and scaling BlockRock.
Launch
BlockRock funds launch via ICO on MetaDAO's permissionless launchpad, which provides full-stack futarchy governance with legal enforcement, so that token value is tied to treasury value.
BlockRock's flagship fund launches first with a mandate for a moderate risk strategy to maximize Sortino ratio (penalizing downside volatility) by allocating the treasury into a portfolio of onchain positions.
95% of tokens are distributed to ICO participants at the same price. The remaining 5% is allocated to the founding team, which unlocks at 3-month TWAPs of 2X, 4X, 8X, 16X, and 32X the ICO price. A $5K allowance per month is allocated to the team for supporting infrastructure.
BlockRock may launch additional funds in the future with unique mandates and risk profiles.
Operations
Every fund operation follows the same decision cycle:
- Proposal enters — An AI agent or human submits a proposal to the governance layer.
- Conditional markets open — Two markets price the token: one if the proposal passes, one if it fails.
- Markets resolve — After the voting period, the outcome with the higher time-weighted average price wins and is automatically executed. Traders who priced the winning outcome correctly profit.
Distributions
Any token holder can submit a proposal to distribute value to holders via buybacks, dividends, or liquidation. If a decision market resolves in favor of a distribution, the treasury is automatically distributed according to the proposal.
Communications
BlockRock is a spectator sport. Everyday, anyone interested in financial markets can check BlockRock to see strategists proposing investment theses, traders battling to approve or reject proposals, and the fund's portfolio growing in lockstep with the token. Every decision market resolution is an official verdict, automatically executed by smart contracts. Updates are shared on X (Twitter) via @blockrockfund.
Scaling
BlockRock is designed to scale to trillions in assets under management. The token's mint authority is governed by futarchy. So decision markets can approve additional fundraises with new token mints, while avoiding unfair dilution. BlockRock funds expand when governance deems it bullish.
This charter is for informational purposes only. It does not constitute investment advice, a recommendation, or an offer to buy or sell any security or token. Cryptocurrency investments are highly volatile and carry significant risk. Consult a qualified financial advisor before making investment decisions.
IP & Legal
Github Org: https://github.com/BlockRock-Fund , Domain: https://blockrock.fund , Twitter/X account: https://x.com/blockrockfund
Details
Implied FDV$679K
Launch Price$0.05
Raise Goal$500k
FDV Calculation
Launch Price$0.05
× Total Supply13.6M
= Implied FDV$679K
Supply Breakdown
Initial Float (73.7%)10.0M
Performance Package (5.0%)675,000
Meteora LP (6.6%)900,000 at $0.05
Futarchy AMM (14.7%)2.0M + $100K
Total Supply13.6M
Governance & Vesting
Monthly Spending Limit$5k
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 $0.05.
| Tranche | Price Target | Unlocked |
|---|---|---|
| 2× ICO price | $0.10 | 20% |
| 4× ICO price | $0.20 | 40% |
| 8× ICO price | $0.40 | 60% |
| 16× ICO price | $0.80 | 80% |
| 32× ICO price | $1.60 | 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%$100
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.