```markdown
### Additional Evidence (extend)
*Source: [[2026-03-05-futardio-launch-seyf]] | Added: 2026-03-16*

Seyf's near-zero traction ($200 raised) suggests that while participation friction (e.g., proposal complexity) is a factor, market skepticism about team credibility and product-market fit also acts as a distinct, substantive barrier to capital commitment. The AI-native wallet concept attracted essentially no capital despite a detailed roadmap and burn rate projections, indicating a functional rather than purely structural impediment to funding.
```

### Additional Evidence (confirm)
*Source: [[metadao-proposals-1-15]] | Added: 2026-03-23*

Proposals 7, 8, and 9 all failed despite being OTC purchases at below-market prices. Proposal 7 (Ben Hawkins, $50k at $33.33/META) failed when spot was ~$97. Proposal 8 (Pantera, $50k at min(TWAP, $100)) failed when spot was $695. Proposal 9 (Ben Hawkins v2, $100k at max(TWAP, $200)) failed when spot was $695. These weren't rejected for bad economics—they were rejected despite offering sellers massive premiums. This suggests participation friction (market creation costs, liquidity requirements, complexity) dominated economic evaluation.

### Additional Evidence (confirm)
*Source: [[2026-03-25-futardio-capital-concentration-live-data]] | Added: 2026-03-25*

Nvision raised $99 of $50K (0.2% of goal) despite being a futarchy-adjacent prediction market product, demonstrating that even conceptually aligned projects fail when participation friction exceeds community attention threshold

### Additional Evidence (extend)
*Source: [[2026-03-27-tg-shared-01resolved-2037550464188006477-s-46]] | Added: 2026-03-27*

SuperClaw liquidation proposal shows market can reject liquidation even when token trades below NAV and operating spend destroys 11% NAV monthly. Fail side leads at 58.82% traders and 61.76% volume despite apparent economic case for returning capital, suggesting either participation friction or market belief in turnaround potential outweighs immediate NAV preservation.

