Funded Sep 8
You confirm the swap in your wallet.
How do I buy?
Press Buy LFOWN on Jupiter on the Buy tab. Jupiter opens with USDC to sell and LFOWN to buy, and you confirm the swap in your wallet there.
I backed the raise. Where are my tokens?
Connect the wallet you committed from. Anything left to claim shows on this card's first tab, which then reads Claim, and in your portfolio. Nothing arrives on its own.
Where does it trade?
On Solana, through Jupiter, which routes each swap across the pools that hold LFOWN.
When can the team use the money?
The goal was met, so up to $1 a month. More needs a .
When do team tokens unlock?
Locked until Mar 8, 2028, then a fifth at each of 2x to 32x the raise price, on the .
Did anyone vet this company?
Nobody reviewed this company. The founder wrote everything here. One backer holds 32% of commitments.
Copy a prompt and paste it into your own agent. Each one points it at this company's record.
- Progress
3.2xthe goal
- Committed
- $31,727 towards $10,000 goal
- Window
- 1 day, closed Sep 8
- Loading
- Price vs raise
- Loading
- Treasury
- $12,
997 - Runway
- 10+ years
- Supply
- 77.5% went to backers
Overview
Product
The idea
LFOwn should be a memecoin launchpad where the pair asset is an ownership coin from MetaDAO instead of USDC, SOL or stocks.
It's an idea from Vibhu: https://x.com/vibhu/status/2096426899828269561
"Solana will win paired memecoins" if the community leans into its structural advantages. His argument: more assets with more liquidity, pairing not only against stocks but against other tokens, MetaDAO tokens included.
Inspiration
Two projects already running the meme-on-equity meta:
- Pons, on Robinhood Chain. Memecoins paired against tokenized stocks instead of ETH. https://x.com/ponsdotfamily
- StonkFun, on Solana. Coins paired with virtually any asset: stocks, commodities, currencies, other memes. https://x.com/launchonsf — but they don't support ownership coins (except $META itself). StonkFun's risk engine doesn't recognize the futarchy mint mechanism behind ownership coins, so it flags them — same for the liquidity locks, or the thin liquidity .
The goal with this platform is to take the same primitive and point it at ownership coins, where the pair asset has a redeemable treasury behind it.
Some tips and ideas from the Spark team
- Do not overcomplicate it. Fork a bonding curve system and replace SOL with an ownership coin. That is the whole product.
- Bonus points if it can graduate on Omnipair.fi
- Routing the launcher fees back to the LFOWN DAO treasury matters just as
much as the product itself. Whatever the build, the fees should end
up with the LFOWN DAO.
- Make the code Open Source
There is no team yet
That is the entire point. Nobody here is pitching you a roadmap, just an idea.
100% of the funds are locked in a multisig. Not a single dollar unlocks without a decision market approving it.
That is also why the monthly spending allowance is 0 and there is no team allocation.
Are you the team that can ship this Idea?
Think you can take the lead on this? Or ship one brick of it — the contracts, the pair routing, the frontend, or even the marketing and distribution?
Come with your own terms. Tell the market what you would build / do and what you want for building it ($USDC ? $LFOWN ? Both ?), then see what the market thinks. No jury, no application form, no warm intro needed.
Stuff to keep in mind:
Someone needs to build it, but it matters just as much that someone takes the lead on distributing it. Memecoins are all about the cabal — for LFOwn to work, its community has to organize itself to build and push some successful memes.
- StonkFun is the leader on Solana and could ship ownership-coin support in under a day. This play may be relevant today, and gone tomorrow.
- The market is obviously smaller than meme-on-stock right now — but the bigger the MetaDAO ecosystem grows, the bigger this gets. And if you're here on futard.io, you're already betting that it will.
How to apply / Timeline
Spark team can open decision market. If you're interested to build / ship or involve yourself in this idea, reach out to @mathis_btc on Telegram — ping him in the Spark Telegram, LFOWN channel: t.me/sparkdotfun/9868.
Within a few weeks (at Spark team's discretion), if no one has applied, Spark team will submit a proposal to liquidate the treasury. Every token holder will then be able to claim the treasury back.
What this is
An experiment run by Spark. https://x.com/JustSparkIdeas https://justspark.fun/
- Fund the idea. Backers back an idea-coin at the same price. No insiders, no pre-sale.
- Builders compete. Teams build and pitch for the funding.
- The market decides. A decision market, futarchy, not a jury, elects the winning team. Backers own the winner, or get a full refund if there is no winner.
More detail here: https://justspark.fun/explanation
Disclaimer
LFOwn is not affiliated with, endorsed by, or supported by MetaDAO, futard.io, or Vibhu. None of them is involved in this project, its funding, or its execution. Vibhu posted the thesis publicly and is credited for it, nothing more. futard.io is the launch infrastructure being used here. Nothing on this page should be read as an endorsement from any of them.
Spark team as part of our Business model we will add our own investment allocation in the LP and it's will allow too a better trading experience
Raise history
How the raise closed
- Raise price
- $0.001
- what every backer paid
- Valuation at the raise
- $12,
900 - the raise price times every token
Since the raise
- 32x$0.032
- 16x$0.016
- 8x$0.008
- 4x$0.004
- 2x$0.002
- 1x$0.001Raise price
Who holds the supply
10,000,000 of 12,900,001 LFOWN went to backers, 2,900,000 to trading liquidity. 1 is the team's, locked.
- Backers 77.5%· 10.0M
- Trading liquidity 22.5%· 2.9M
Health
Runway at the limit
- Runway
- 10+ years
- if the team draws its full $1 limit each month
Treasury
$12,997 in the treasury
- USDC, cash$10,771 82.9%
- SOLO, other tokens$586 4.5%
- AVICI, other tokens$463 3.6%
- CARS, other tokens$456 3.5%
15 smaller holdings$720
- META, other tokens$391 3.0%
- UMBRA, other tokens$117 0.9%
- NECTAR, other tokens$100 0.8%
- RAWR, other tokens$35 0.3%
- FUTARDIO, other tokens$18 0.1%
- GSIM, other tokens$13 0.1%
- KIMIA, other tokens$9 <0.1%
- LFOWN, other tokens$8 <0.1%
- ORDR, other tokens$8 <0.1%
- ARL, other tokens$6 <0.1%
- CRED, other tokens$5 <0.1%
- P2P, other tokens$4 <0.1%
- BASKET, other tokens$2 <0.1%
- ACCRUE, other tokens$2 <0.1%
- OMFG, other tokens$1 <0.1%
Deat…v4nB and SOL aren't priced and aren't counted.
Spending rules
- Monthly limit
- $1
- Above it, a market decides
- Who can draw it
- 1 wallet
Backers
- Backers
- 28
- at close
- Average
- $1,133
- per backer at close
- Middle backer
- $240
- 50% put in more
- Largest wallet
- 31.5%
- of the total · concentrated
Each square matches that backer's colour in the bar above.
- $10,00031.5%
- $3,50011.0%
- $3,50011.0%
- $3,50011.0%
- $3,0009.5%
- $1,3644.3%
- $1,0593.3%
- $1,0003.2%
- $1,0003.2%
- $1,0003.2%
Browse other funded raises or open the company on MetaDAO.
Raise terms
By contributing to the fundraise for tokens ("Tokens"), you acknowledge and agree to the Backable 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 Backable for convenience of reference only, as third-party content. Backable is a technology platform being used by the prospective project contributors, and the owners and operators of Backable and their respective affiliates are not the persons creating, endorsing, sponsoring, or discretionarily operating the ICO. Backable and its owners and operators and their respective affiliates assume no (and by participating in the ICO or otherwise using Backable, 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 Backable 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, Except As The Program Provides. Except for the amounts the escrow program itself makes claimable as described in paragraph 7, contributions made as part of the fundraise are final. No party has the discretion to refund you, and you will not be entitled to a refund or compensation on any other basis, including loss of value or inability to use the Tokens. Where the program does make an amount claimable, no party has the discretion to withhold it either.
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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 Backable 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, Backable 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 a stated funding goal. Commitments are not capped, but the amount the project receives is: everything committed above the goal remains the property of the participant who committed it. If the funding goal is not reached by close, every participant may reclaim the whole of their contribution. If the goal is exceeded, each participant may reclaim whatever part of their contribution did not convert into Tokens. These amounts are claimed, not sent. They are released by the program when you submit a claim transaction from the wallet that made the contribution. Nobody can approve, condition, delay or refuse that claim, there is no deadline for making it, and equally nobody can make it on your behalf. The same is true of the Tokens themselves in a funded raise. 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.