Crypto opened fundraising to anyone on the internet, but it never solved what happens to the money after a token sale. While most launchpads stop at distribution, MetaDAO is designed to stay involved after the sale. Accepted capital is held in an onchain treasury and released under spending limits. Follow-on funding and restructuring can be put to decision markets. Under its optional performance package, founder tokens only unlock after the token sustains predefined multiples of its sale price. If a project is wound down, a proposal can return the remaining treasury capital to tokenholders. That structure could open a funding path for small teams that do not fit traditional venture economics. Instead of raising a large seed round upfront, they could start with a smaller pool of capital and seek more once they have evidence of progress. MetaDAO’s success will depend on whether capital follows results after the sale. Projects that make progress should be able to raise more. Those that fail should be restructured or wound down before the treasury is exhausted.(Delphi Digital)