Ownership
Ownership
April 22, 2026·58:06

Ownership Podcast S1 E7: Proph3t (MetaDAO)

Proph3t, founder of MetaDAO, breaks down futarchy from first principles — a governance system where prediction markets, not token holders, decide what a protocol does. The conversation moves fast: from the origin story of MetaDAO to ownership coins, liquidating failing projects as a feature, insider trading risks in onchain governance, and buybacks as value accrual. Then it zooms out — Proph3t's actual goal is to apply futarchy beyond crypto, to corporations and eventually governments. If you've ever lost money to a rug and wondered if there's a structural fix, this episode is it. Sponsored by MetaDAO. Hosted by 8bitpenis. Produced by Blockformer.

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Ownership Podcast S1 E7: Proph3t (MetaDAO)

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