01Resolved

Where analysts form opinions on ownership coins. Insights into organizations, financials, and decision markets.

Join:

[01Resolved @01Resolved]

May's Ownership Coin Report is now live.

In the report, we made the case that transparency and financial legibility are not the same thing. That gap is why the market consistently misprices tokens.

Also included in the Ownership Coin Monthly:

■ @MetaDAOProject ecosystem recap across decision markets, product updates, and financials

■ @StreetFDN teased its next launch — a look at how Street is taking a different approach from other launchpads in the space with its ERC-S framework

■ A case for redemptions vs buybacks, a follow up on the @_Futarchy <> @Gnosis_ experiment, and the redemption proposal by @0xWismerhill

■ An intro to @RideMarkets and how futarchy can enable permissionless capital allocation

■ solana:METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta listed on Coinbase and KuCoin, the first tier-1 exchange listings for an ownership coin

■ @Zinc_Cash, the launch of solana:zinc155BS4mSPk8GXQj4R5hkVDQXcW253pTYq5SGyfi mining, and the #1 program in the @Arcium ecosystem

■ Protocol updates from @AviciMoney, @Loyal_HQ, @UmbraPrivacy, @Solomon_Labs, @Omnipair, @JurassicFi and more

[Full Report in Replies]

[Drew @drew_12011]

Excited to connect with other builders in Samui next week 🏝️

If you're working on ownership coins, futarchy, governance, or crypto research, let's grab a coconut.

[01Resolved @01Resolved]

@vukan0x @MetaDAOProject @Charchit_WEB3 @ownershipfm @0xSrMessi @8bitpenis @futarddotio Congrats @Charchit_WEB3 🏆

[01Resolved @01Resolved]

@ridemarkets @MetaDAOProject Good app @ridemarkets 🏆

[01Resolved @01Resolved]

May's Ownership Coin Report is now live.

In the report, we made the case that transparency and financial legibility are not the same thing. That gap is why the market consistently misprices tokens.

Also included in the Ownership Coin Monthly:

■ @MetaDAOProject ecosystem recap across decision markets, product updates, and financials

■ @StreetFDN teased its next launch — a look at how Street is taking a different approach from other launchpads in the space with its ERC-S framework

■ A case for redemptions vs buybacks, a follow up on the @_Futarchy <> @Gnosis_ experiment, and the redemption proposal by @0xWismerhill

■ An intro to @RideMarkets and how futarchy can enable permissionless capital allocation

■ solana:METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta listed on Coinbase and KuCoin, the first tier-1 exchange listings for an ownership coin

■ @Zinc_Cash, the launch of solana:zinc155BS4mSPk8GXQj4R5hkVDQXcW253pTYq5SGyfi mining, and the #1 program in the @Arcium ecosystem

■ Protocol updates from @AviciMoney, @Loyal_HQ, @UmbraPrivacy, @Solomon_Labs, @Omnipair, @JurassicFi and more

[Full Report in Replies]

[01Resolved @01Resolved]

2/ FutarchyAMM fees by coin in April and May:

Its fully auditable here:

https://t.co/bgIIS2TppU → Movements → filter by category "Revenue".

Every figure traces back to a onchain transfer. Accrual accounting and movement roll-ups coming soon. API is live in Beta, MCP also soon.

We'd love to work with the @MetaDAOProject team and others in the ecosystem to make sure the public record holds up to scrutiny.

[01Resolved @01Resolved]

1/ This discrepancy is exactly the problem we've been working on @metaproph3t. When two dashboards disagree, it's good to go back to the source.

We looked at 810 @MetaDAOProject onchain movements in May and classified them into Revenue – Protocol Fees. We recognized the fees on a cash basis - when they hit the MetaDAO Multisig. Here's what we get:

April - $67,746
May - $125,670

[Kantian @kantianum]

May was a good month for MetaDAO's financials.

➝ revenue in April: $123,168
➝ revenue in May: $445,212

3.6x increase. After a soft Feb–April stretch, May pulled revenue back to ~60-70% of the Oct/Nov 2025 peak (ownership hype was at ATH back then).

@MetaDAOProject has a sound business model with real tailwinds. Keep an eye on META.

[01Resolved @01Resolved]

@ownershipfm @MetaDAOProject And of course, we included a few of our favourite @ownershipfm pods from the month in the "Around the Space - Reading &amp; Listening Worth Your Time" section 👊

[01Resolved @01Resolved]

@Xiznft @solana @colosseum @toly Thank you for the inclusion 🙏

[01Resolved @01Resolved]

Read the Ownership Coin Monthly Report for May:
https://t.co/bytNazH8rt

[01Resolved @01Resolved]

@ownershipfm @mango_ @zinc_cash @Paystreamlabs @MetalLegBob @fraudsworth Looking forward to listening!

[01Resolved @01Resolved]

@pfo_sac @craftsdev @MetaDAOProject Thank you for clarifying. We tweaked the copy. Would love to connect and learn more 🤝

[01Resolved @01Resolved]

The ownership coin category continues to expand.

We covered @craftsdev in our April Ownership Coin Monthly because it represents a different path for bringing tokenholder rights and ownership exposure onchain.

@MetaDAOProject ownership coins give tokenholders control over the DAO treasury, IP, mint authority and major treasury actions through decision markets.

Crafts takes a company finance path. Under STS, the token governs an SPV that holds an equity linked claim, typically a SAFE. The ownership exposure sits inside a token governed legal vehicle with DAO control over the treasury.

@refihub, an energy infrastructure finance platform focused on tokenizing operating energy assets, is the first project to launch through Crafts.

The launch targets 14% of the company at a $4M to $8M valuation range through a sealed-bid uniform-price auction.

That makes this launch a useful readout for the broader ownership coin category.

MetaDAO has already proven demand for market governed treasury ownership. ReFi Hub is Crafts first test to prove demand for tokenized equity.

We'll be watching closely.

[Crafts @craftsdev]

ReFi Hub's ICO opens June 2 on Crafts

Details:
- Date: June 2–5
- Company Valuation Range: $4M–$8M
- Target: 14% of @refihub partially tokenized
- Minimum Raise: $400k, starting at 10% tokenized
- Full 14% Raise Range: $560k–$1.12M
- Monthly allowance: $60k
- Issuance Mechanism: Sealed-bid uniform-price auction

Token Design breakdown:
- 12.2M Total supply
- 10M ICO tokens (81.9%)
- 2.2M Liquidity provision (18.1%)
- 0 for team (aligned value accrual through STS v2)

Liquidity provision
- 1.4M tokens on Raydium CLMM pool
- 0.8M tokens on Raydium CPMM pool

Governance:
Through Crafts Constitutional Governance, token holders can propose and vote on key decisions, including treasury controls over unreleased capital and liquidation proposals from month two onward. The underlying SPV structure provides VC-grade holder protections.

Additional note:
ReFi Hub worked over the last months to bring in sticky capital early, under the same pricing mechanism and allocation terms as everyone else.

[01Resolved @01Resolved]

@JW100x Its clear there is focused strategic direction @UmbraPrivacy and a massive opportunity.

[01Resolved @01Resolved]

@metaproph3t Great read. It feels like something more is brewing under the surface.

[01Resolved @01Resolved]

The @paystreamlabs “Restructure Paystream” proposal has passed.

PAYS-003, coauthored by @MetaDAOProject founder @Proph3t, cleared its 1.50% TWAP threshold by 0.87%. Despite a thin market (~$694 in volume across 19 trades), 99.60% of volume was economically aligned with the outcome.

Paystream now has a leaner operating structure and a clearer expectation to show progress with less capital.

That makes public reporting more important than ever.

We recommend the restructuring be followed by a consistent monthly reporting covering treasury position, spend, runway, product progress, growth metrics, and community updates.

@01Resolved has already completed the financial backfill needed to support that process. We’d welcome the opportunity to help Paystream turn its post-restructure phase into a public operating record that rebuilds conviction.

[01Resolved @01Resolved]

1/🧵 A new @paystreamlabs decision market is live.

PAYS-003, authored by @metaproph3t and Joe, asks whether Paystream should reduce its monthly allowance from $33.5k to $15k, use $166k from the treasury for $PAYS buybacks, and withdraw 75% of LP to support the buyback.

The proposal also adds 3M $PAYS to the team's performance package, shifting more compensation toward token upside while reducing monthly allowance.

The core argument is that $PAYS has traded near or below NAV since inception, though the Spot <> NAV discount has narrowed from the past months to today.

Buybacks would be executed through Jupiter DCA, capped at $0.04488 per PAYS, based on the proposal's estimated NAV.

[01Resolved @01Resolved]

@cesto_co @MetaDAOProject Very cool. Nice work!

[01Resolved @01Resolved]

@MetaDAOProject Props to @Coinbase for seeing the vision. Congratulations MetaDAO team for making this happen!

[MetaDAO @MetaDAOProject]

Ownership coins are for everyone.

solana:METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta is now trading on Coinbase

[01Resolved @01Resolved]

https://t.co/lWzuJBFy7B