- $69.9K Valuation
- $10K Raised
- — Treasury
Overview
About
## 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.
## Use of Funds
$10,000 raise. $8,000 hits the treasury after the 20% LP allocation.
There is no budget breakdown, because there is no team to spend it.
The winning proposal writes the budget, the decision market approves
or rejects it, and until then everything sits untouched in the multisig.
## Are you the team that can ship this Idea?
Think you can take the lead on this? Or ship one brick of it — the
contracts, the pair routing, the frontend, or even the marketing and
distribution?
Come with your own terms. Tell the market what you would build / do and
what you want for building it ($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/
1. Fund the idea. Backers back an idea-coin at the same price. No
insiders, no pre-sale.
2. Builders compete. Teams build and pitch for the funding.
3. 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
Platform information
Read-onlyDeal Terms
Eligibility and authoritative fundraise terms come from MetaDAO's lifecycle record.
Transparency
Health
Decisions
Team Sponsored Passed
Recognize Spark as Core Contributor and Authorize a $58.71/mo Allowance
Recognizes Spark as a core contributor and authorizes a $58.71/month operating allowance for infrastructure and X account expenses