[{"type":"paragraph","children":[{"text":"Data doesn't lie: Projects published through the \"anti-runaway ICO\" model of the MetaDAO platform have an average first-day return rate of up to 525.3%, far exceeding the industry level.The institutional logic behind high returns:"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"Strict screening: Only high-quality teams willing to accept fund locking and long-term interest binding will choose this model."}]},{"type":"list-item","children":[{"text":"Market trust premium: Investors are willing to pay a premium for the certainty of \"being unable to run away\"."}]},{"type":"list-item","children":[{"text":"Governance as a Service: All subsequent decisions of the project are driven by the prediction market (Futarchy), ensuring that collective wisdom determines the direction."}]}]},{"type":"paragraph","children":[{"text":"Simply put, it uses mechanism design to forcibly align the interests of the team and investors. Short-term speculative projects will be bypassed, while long-term builders will stay.This may be the prototype of the next generation Launchpad. Do you think this model will become mainstream?"}]},{"type":"paragraph","children":[{"text":"In-depth analysis of its mechanism and cases: "},{"type":"link","url":"https://blog.ju.com/metadao-analysis/?utm_source=blog","children":[{"text":"https://blog.ju.com/metadao-analysis/?utm_source=blog"}]},{"text":"\n"},{"type":"topic","character":"Launchpad","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Data","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"MetaDAO","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Solana","children":[{"text":""}]},{"text":" "}]}]