MetaDAO launches Backable, a permissionless fundraising platform on Solana

MetaDAO has a new name on the door of its fundraising shop. The project has launched Backable, a platform on Solana where founders can raise capital from supporters around the world.

Backable is not built from scratch. It is the platform formerly known as Futardio, rebranded on October 5, 2026, and it arrives with $44.2 million in total commitments from 2,407 backers.

The pitch is simple. Anyone can launch a raise, anyone can back it, and MetaDAO does not pick winners.

How Backable works

Founders launch fundraising campaigns, and supporters commit capital to the ones they like. Funds are held in escrow rather than handed straight to the team.

If a project misses its minimum funding goal, backers get a full refund.

Funded teams cannot spend freely. They are limited to a pre-set budget that is disbursed monthly.

Backable runs with no curation or vetting of teams by MetaDAO.

The numbers so far

The headline figure is $44.2 million in commitments across 2,407 backers. The median contribution sits at approximately $500.

The platform has also completed twelve successful raises. Together, those raises have brought in roughly $728,000.

Commitments represent interest and capital pledged. Funded raises represent projects that actually crossed the line and started receiving money.

From futarchy experiment to capital platform

MetaDAO first emerged in November 2023. Its early identity was tied to futarchy, a governance approach that uses prediction markets to inform decisions.

Over time, MetaDAO has grown beyond that experiment. It now pairs decision-making via prediction markets with a framework for community-supported capital formation.

What this means for founders and backers

For founders, the appeal is access. A team without a warm introduction to a fund can still put a raise in front of thousands of potential supporters on Solana.

For backers, the safeguards are the selling point. Escrow, full refunds on failed raises and monthly budget disbursements all reduce the risk of handing money to a team that vanishes or overspends.

With no vetting by MetaDAO, the job of due diligence shifts squarely onto the people writing checks.