MetaDAO (new) (META) is a Solana-based decentralized autonomous organization governed by futarchy, where conditional prediction markets rather than direct voting decide whether proposals, including new token issuance, execute.
The project also operates STAMP, a launchpad through which other Solana projects raise capital via investment contracts. The current META token deployed on 2025-08-07, following a governance-approved migration from an earlier, unmintable token.
MetaDAO's distinguishing feature is futarchy, where proposals are decided by conditional prediction markets rather than conventional token-holder voting. A proposal, including new token issuance, executes only when the market signals it would increase token value.
META captures this directly, since proposers must stake the token to activate a proposal. MetaDAO's STAMP launchpad has reportedly facilitated 8 third-party project ICOs raising a combined $25.6 million since its 2025 launch.
META functions as a governance token used to activate and participate in MetaDAO's futarchy proposals.
Holders stake META to propose actions such as new token issuance, and market participants trade META conditionally on a proposal's outcome during a set evaluation window. A proposal executes only if the conditional market signals it would increase token value, tying token use directly to governance outcomes rather than a simple vote.
META has no fixed maximum supply; MetaDAO's own documentation states the token carries no token-program-level cap, with new issuance controlled entirely by futarchy proposals.
MetaDAO launched in November 2023 via a fair-launch token generation event with an initial supply of roughly 10 million tokens and no private sales or insider allocations at that stage.
In August 2024, MetaDAO raised $2,229,950 in a round led by Paradigm, which received 3,035 tokens (14.6% of the then-total supply), with about 30 angel investors buying the remainder. The current META mint deployed on 2025-08-07, nearly two years after founding, following a governance-approved migration from the original token.
META is deployed on Solana as an SPL/Metaplex token; MetaDAO does not operate its own blockchain, validator set, or consensus mechanism, relying entirely on Solana's existing network infrastructure.
MetaDAO was co-founded by two individuals: Proph3t, a pseudonymous former Ethereum DeFi engineer, and Kollan House, active in crypto since 2014. Proph3t previously worked as a smart-contract engineer before moving to Solana, while Kollan House has built trading strategies and market-making systems.
Robin Hanson, the George Mason University economist who originated the concept of futarchy, joined as a paid advisor in February 2025. Paradigm is a named investor and backer.
MetaDAO operates as a decentralized autonomous organization rather than a conventional registered company; no legal entity name or incorporation jurisdiction has been identified.
The project is maintained through its DAO structure at metadao.fi, with documentation at docs.metadao.fi. MetaDAO originated from and maintains a partnership with Colosseum, the Solana hackathon and accelerator ecosystem, through which Colosseum graduates raise capital via MetaDAO's STAMP mechanism.
MetaDAO is governed entirely through futarchy: token holders do not vote directly on proposals but instead trade META in conditional prediction markets that determine whether a proposal executes.
MetaDAO completed its migration to protocol version 0.5 on 2025-08-07, moving from the legacy token to the current META mint via a 1:1000 redenomination. Migration from the old token remains open indefinitely via metadao.fi/migration.
KuCoin listed META for spot trading on 2026-05-06, and Coinbase began trading META on 2026-05-27. MetaDAO's STAMP launchpad, launched 2025-04-09, continues facilitating third-party project fundraises.
MetaDAO's supply-inflation risk is rated high, reflecting META's uncapped, futarchy-mintable issuance mechanism.
A concentration-risk indicator rates holder distribution as medium, with the top 20% of addresses holding approximately 23% of supply. Liquidity risk relative to peer tokens is rated low.
