MetaDAO has launched Backable, a fundraising platform built on Solana that allows founders to raise capital from backers globally without platform curation or vetting.
Backable is the rebranded version of Futardio, which underwent its rebrand on October 5, 2026. The platform launched with $44.2 million in total commitments from 2,407 backers, with a median contribution of approximately $500.
How the Platform Works
Founders initiate fundraising campaigns on Backable, and supporters commit capital to projects of their choice. Funds are held in escrow rather than transferred directly to teams.
If a project fails to reach its minimum funding goal, backers receive full refunds. Teams that successfully raise funds are limited to a pre-set budget that is disbursed monthly, restricting how quickly they can spend raised capital.
MetaDAO does not conduct curation or vetting of teams launching campaigns on the platform, placing due diligence responsibility on backers.
Performance to Date
The platform has completed twelve successful raises that collectively generated approximately $728,000. The $44.2 million figure represents commitments—capital pledged but not yet funded—across the 2,407 backers using the platform.
Evolution from Futarchy Experiment
MetaDAO emerged in November 2023 with an initial focus on futarchy, a governance model using prediction markets to inform decisions. The organization has since evolved to combine prediction market-based decision-making with a framework for community-supported capital formation.
Benefits for Participants
For founders, Backable provides access to potential backers without requiring introductions to traditional venture funds. For backers, the platform offers protections including escrow arrangements, full refunds on unsuccessful raises, and monthly budget disbursements that reduce risks associated with fraud or overspending.
