'Ownership Coin' is a term coined by @MetaDAOProject - a futarchy-powered launchpad. Its purpose is to align token value with protocol revenue and performance, creating stronger incentives for builders, investors, and holders.
15 ICOs launched on MetaDAO under those rules. In this bear season, 7 are still beating their launch price; some by triple digits.
breaking down every single one 🧵👇
The Credible ICO kicks off in just 2 hours!
@crediblefin is running a curated raise on @MetaDAOProject as one of the first payments businesses with real revenue to launch as an ownership coin on @Solana.
What happened on Solana ICM this week?
> @MetaDAOProject announces the ICO for @crediblefin’s ownership coin on July 13, with $2.315M already soft-committed toward the $4M max raise, securing priority slots with zero retail-pricing advantages
> @Claynosaurz officially rolls out its equity allocation checker following a June 29 snapshot, rewarding long-term holders with a chunk of 15% company equity options alongside their new Collectibles Manifesto
> @sagapad_icm drops Ship Talk #4 on July 10, featuring: @tradefighters, @dumdotfun, and @MentionedMarket ( @colosseum solana frontier hackathon winner)
> @stardotfun introduces the launch of Internet Rounds: a new internet-native, pre-seed layer allowing founders to raise capital globally using equity-backed tokens linked to their cap tables
> @pumpfun is set to unlock 82.5B tokens (~$129M) on July 12, releasing 29.26% of the current circulating supply
> @HeebooOfficial introduces $HEEBOO, the brand new economic layer of fan participation powered by @metaplex on @solana
> @SKhynix IPO hits the US market today with the largest foreign initial share sale in history, raising approximately $26.5 billion; its tokenized stock incoming via @OndoFinance and @Backpack via @sunrise
> @MetaDAOProject holds its inaugural Owners Meeting in San Francisco at the Colosseum office, featuring panels with post/pre-ICO founders, top VCs, and the father of futarchy Robin Hanson
> @blknoiz06 breaks down the $ANSEM flywheel, leveraging creator fees for deeper $SOL liquidity while staggering airdrops via @BullpenFi to mobilize 100k+ holders as a decentralized onboarding and marketing army
MetaDAO is the starter for the 'ownership coins' movement.
Other launchpads on Solana are following the same playbook:
@stardotfun alone has raised $1.115M across projects like @remindmetrace, @surfcashx, Launch Lab, @waevrr
@sagapad has raised $425K total (@raffledotsol + @foreseelol).
Early days for the category. Watching where it goes 👀
'Ownership Coin' is a term coined by @MetaDAOProject - a futarchy-powered launchpad. Its purpose is to align token value with protocol revenue and performance, creating stronger incentives for builders, investors, and holders.
15 ICOs launched on MetaDAO under those rules. In this bear season, 7 are still beating their launch price; some by triple digits.
breaking down every single one 🧵👇
@MetaDAOProject 7/
@Areal_Finance ($ARL): The RWA DeFi Hub - Real Yield, Real Ownership, Real Governance
Raised $10K fund on MetaDao @$0.001
Current price $0.001587
FDV = $40K (+58.75% since ICO)
@MetaDAOProject 6/
@gesimxyz ($GSIM): Permissionless eSIM, built-in VPN, and a US virtual number.
Raised $28K on MetaDAO @ $0.0028
Current Price: $0.0045
FDV = $113K (+57% since ICO)
@MetaDAOProject 5/
Jurassic Finance ($RAWR): Tokenizing Museum-Grade Dinosaur Fossils on @solana
Raised $200K fund with ICO price of $0.02
Current Price: $0.04
FDV = $1.12M (+117% since ICO)
@MetaDAOProject 4/
@LasoFinance ($LASO) makes it easy to spend cryptocurrency in the real world through prepaid cards, gift cards, and instant off-ramps.
Raised $1M with ICO price of $0.10
Current Price:$0.17
FDV $4.95M (+74% since ICO)
@MetaDAOProject 2/
@UmbraPrivacy ($UMBRA) — a privacy protocol brings confidentiality, composability, and compliance-ready infrastructure to the Solana ecosystem.
Raised $3M on MetaDAO @$0.30.
Current Price: $0.38
FDV = $10.52M (+28.28% since ICO)
@MetaDAOProject 1/
@avici ($AVICI) — internet-native banking infra for internet capital markets
Raised $3.5M on MetaDAO @$0.35
Current Price: $0.86
FDV = $11.34M (+147.41% since ICO)
Lily Liu, President of Solana Foundation, on CNBC this morning:
"Crypto is not just an asset class. Those tokens represent global network infrastructure. The purpose is to make finance accessible to everyone."
5.5 billion people don't need a brokerage account anymore.
Just @solana
SpaceX lists on Nasdaq today. $SPCX trades on Solana at the same time.
Nasdaq opens 9:30 AM ET. No brokerage account needed, just an internet connection and Solana.
$SPCX is backed 1:1 by real SpaceX shares, redeemable into any traditional brokerage. Issued by @backpack, routed by @sunrise, @xstocks_io, @OndoFinance.
This is internet capital markets. No borders, no brokers, no business hours.