MtnDAO Launches Futarchic Investment Fund Expected to Surpass Traditional VCs

MtnDAO is unveiling a new investment fund named mtnCapital, aimed at challenging traditional venture capitalists. This innovative fund will operate under a futuristic governance model known as futarchy, which empowers market predictions over conventional voting mechanisms.

Key Details:

The mtnCapital fund will utilize mtnDAO’s forthcoming MTN token, set to launch by the end of March.
Founders Barrett and Edgar Pavlovsky are confident that mtnCapital will outperform standard VC funds.
This fund decision-making will be driven by the market’s perception of the potential profitability of proposals, such as investing in Bitcoin.

Barrett noted, “I really think it’s going to outperform VC funds.”

Fundraising Strategies:

The entire treasury for mtnCapital will be raised through public sales of MTN tokens, with Barrett indicating that founders won’t receive preferential allocations, ensuring equal access for all participants.

MtnCapital aims to redefine investment governance by favoring traders’ insights over conventional voter preferences, potentially leading to more lucrative outcomes.