---
type: entity
entity_type: decision_market
name: "NexID: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[nexid]]"
platform: "futardio"
proposer: "NexID team"
proposal_url: "https://www.futard.io/launch/9diK9jWj4vEbCw6mKaSekdn2vw2R62jFDhCgYerCo8jK"
proposal_date: 2026-03-07
resolution_date: 2026-03-08
category: "fundraise"
summary: "NexID attempted to raise $50K through Futardio for interactive Web3 education platform with AI-powered learning and .id domain identity infrastructure"
tracked_by: rio
created: 2026-03-11
---

# NexID: Futardio Fundraise

## Summary

NexID launched a $50K fundraise on Futardio to fund an interactive Web3 education platform that combines AI-powered video learning (using Synthesia technology) with on-chain credentials and `.id` domain identity infrastructure. The platform targets B2B protocol onboarding campaigns while building B2C identity infrastructure. The fundraise closed in refunding status after one day, indicating insufficient market support despite having a live MVP with functional courses.

## Market Data

- **Outcome:** Failed (Refunding)
- **Funding Target:** $50,000
- **Implied Valuation:** $75,000
- **Duration:** 1 day (2026-03-07 to 2026-03-08)
- **Platform:** Futardio
- **Token:** FbA (FbA)
- **Token Mint:** FbA6HqFFw1crzuPReoaUuT6XESU3fz52FCUhL4B7meta
- **Launch Address:** 9diK9jWj4vEbCw6mKaSekdn2vw2R62jFDhCgYerCo8jK

## Significance

This failed fundraise provides a data point on market appetite for Web3 education infrastructure at early stages. Despite having a live MVP with interactive courses, functional AI video integration via Synthesia, and a clear B2B revenue model ($15K-$100K per campaign), the project failed to attract sufficient capital. The extremely low implied valuation ($75K) and modest raise amount ($50K) suggest the failure was not due to valuation concerns but rather skepticism about the business model, market timing, or team credibility. The one-day duration indicates rapid market rejection rather than gradual loss of interest.

The proposal represents an attempt to use futarchy-governed fundraising for an education technology play, testing whether the metaDAO ecosystem extends beyond pure DeFi/trading infrastructure into adjacent verticals.

## Relationship to KB

- [[futardio]] - fundraising platform
- [[nexid]] - parent entity
- [[cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face]] - tests limits of permissionless capital formation
- [[internet-capital-markets-compress-fundraising-timelines]] - one-day fundraise cycle demonstrates speed but also rapid failure modes