META [Old] Price

MetaDAO (old) (META) is a cryptocurrency launched in 2023 on the Solana platform. The asset functions as the native token for the Meta-DAO, a protocol applying futarchy to decentralized governance.

The project distills a niche within organizational decision-making, where markets, rather than traditional voting blocs, determine policy directions. Futarchy, a concept dating back to earlier academic thought, substitutes elected officials with prediction markets on proposal outcomes. Meta-DAO constructs a permissionless framework for any entity to adopt this model.

It operates on the Solana blockchain. Solana’s parallel processing architecture ensures that the settlement of the prediction markets remains fast and low-cost.

The token conforms to the SPL standard, with its contract address METADDFL6wWMWEoKTFJwcThTbUmtarRJZjRpzUvkxhr registered on Solana’s ledger. This standard grants composability with other Solana decentralized applications and wallets. Transaction finality leverages the chain’s proof-of-history mechanism, though the token itself imposes no custom consensus rules.

The project first materialized on November 8, 2023, amid a crowded cycle of DeFi experiments. No single founder claims public attribution; the github repository and documentation reflect a collective development effort. The Meta-DAO immediately appealed to a subset of governance theorists disenchanted with plutocratic token voting.

Its ultimate goal reimagines corporate and protocol decision-making entirely. Instead of aggregating subjective preferences, it measures confidence through capital commitments. This approach purports to align incentives more tightly, rewarding those with the most accurate foresight.

Within the protocol, META tokens serve as the settlement currency for placing bets on governance proposals. Every proposal spawns a conditional prediction market that resolves against the token’s utility. The system does not rely on a fixed inflation schedule for rewards; rather, successful predictors extract value directly from incorrect forecasts.

Participants can stake META to back a specific outcome—such as a parameter change or treasury allocation—and collect returns if the market validates that position. Conversely, inaccurate forecasts result in a loss of staked principal. Validators or oracles that confirm on-chain data feed into the resolution logic, though the input data offers no details on validator incentives.

MetaDAO (old) has a maximum supply of 20,885.99 tokens. Currently, 0 are in circulation. The total supply amounts to 20,863.13 tokens. With a market capitalization of $0, MetaDAO (old) ranks #5,140 among all cryptocurrencies.