---
type: decision
entity_type: decision_market
name: "Insert Coin Labs: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[insert-coin-labs]]"
platform: futardio
proposal_url: "https://www.futard.io/launch/62Yxd8gLQ2YYmY2TifhChJG4tVdf4b1oAHcMfwTL2WUu"
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: fundraise
summary: "Web3 gaming studio seeking $50K for team and liquidity with 80/20 split"
tracked_by: rio
created: 2026-03-11
key_metrics:
  raise_target: 50000
  total_committed: 2508
  oversubscription_ratio: 0.05
  token_mint: "32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta"
  allocation_team_pct: 80
  allocation_liquidity_pct: 20
  monthly_burn: 4000
  runway_months: 10
---

# Insert Coin Labs: Futardio Fundraise

## Summary
Insert Coin Labs attempted to raise $50,000 through Futardio to fund a multi-game Web3 studio on Solana. The raise allocated 80% to team (devs, designer, artist) and 20% to $INSERT token liquidity pool, with $4K monthly burn providing ~10 month runway. The fundraise failed, reaching only $2,508 (5% of target) before entering refunding status.

## Market Data
- **Outcome:** Failed (refunding)
- **Target:** $50,000
- **Committed:** $2,508 (5.0%)
- **Duration:** 1 day (2026-03-05 to 2026-03-06)
- **Token:** 32C (mint: 32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta)

## Significance
Demonstrates market skepticism toward gaming studio fundraises even with live product traction (232 games played, 55.1 SOL volume on Domin8). The 95% funding gap suggests either insufficient market validation of the studio model, weak distribution/marketing, or broader market conditions unfavorable to gaming raises. Notable that the team had working product and audit credentials but still failed to attract capital.

## Relationship to KB
- [[futardio]] — fundraising platform
- [[insert-coin-labs]] — parent entity
- [[MetaDAO]] — underlying futarchy infrastructure
- Contrasts with [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] showing market selectivity