MetaDAO Ownership Coins Return to Spotlight Following Strong ICOs
Crypto traders are showing trust in Futarchy
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Ownership coins are back in the spotlight, with a slew of strong MetaDAO ICOs rewarding the model’s believers.
Alongside consistently impressive returns on curated ICOs hosted in July, permissionless launches are starting to attract demand from onchain traders.
With skepticism towards the dual token-equity split growing amongst crypto-natives, markets are taking a shine to the ownership movement’s flagship token, $META.
July’s MetaDAO ICOs Show Strength
It’s been a good month for ownership coins. After a tumultuous 2026 plagued by the polarizing liquidations of protocols like Ranger Finance and ZKLSOL, markets are showing confidence and optimism towards new and emerging ownership coins.

MetaDAO’s last three curated ICOs have been well-received by the wider market. According to 01Resolved data, all ICOs held in July are currently trading above launch price, with $CRED leading at a 89% return. Additionally, all launches were heavily over-subscribed, with $CARS receiving over $31M in commitments; 12,788% more than its $250k minimum cap.
But despite a strong performance from ownership coins amidst a choppy market, some crypto-native traders still argue that futarchy-powered assets don’t offer the same reflexive, outsized returns that bring people onchain in the first place.
Taking the other side of the argument, Proof Exchange founder Squid opines that ownership coins are inherently less volatile than most crypto-native assets, making them less palatable to the average onchain trader.
Permissionless Futardio Launches Gain Momentum
Beyond a strong month for MetaDAO curated launches like $CARS, $CRED, and $LASO, ICOs hosted via MetaDAO’s permissionless launchpad, Futardio. Since the platform went live, over 2,000 allocators have collectively committed over $40M to various ICOs, which utilize the same overflow model as curated launches.
But while MetaDAO-hosted ICOs are undoubtedly the ultimate seal of futarchic approval, Futardio’s latest ICO illustrates that Solana-based startups are still capable of raising funds permissionlessly.
Ordr.trade, an order-book based DEX, recently amassed over $7.1M in commitments, reaching its raise goal within 5 secs. The Ordr.trade ICO is currently 4,759% oversubscribed, demonstrating high demand for token allocations among investors.
$META Up 39% in 30 Days
With the ownership coin thesis starting to gain momentum, onchain traders are starting to show greater investment interest in its flagship token, $META.

According to Blockworks data, the recent slew of successful launches has caused a surge of trading activity and revenue for MetaDAO.
Spurred by renewed activity, and a growing mistrust of token-equity structures exacerbated by recent acquisitions that left token holders holding the proverbial bag, $META has surged 39% in the last 30D, outperforming the wider market.
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