MetaDAO(META)

Overview

MetaDAO (META) is a fundraising and governance platform built on Solana that applies futarchy, a model in which decisions are settled by market prices rather than direct voting. Holders of the native META token do not cast token votes; instead they trade in conditional markets, also called decision markets, that determine whether a proposal passes or fails.

Futarchy originates from economist Robin Hanson's idea of 'vote on values, but bet on beliefs.' MetaDAO implements it onchain by using the DAO's own token price as the objective metric, so a proposal passes when markets judge it positive for token value and fails when markets judge it negative.