---
type: source
title: "Futardio: Etnl.io fundraise goes live"
author: "futard.io"
url: "https://www.futard.io/launch/4oiZeLhoDB9jGTFd28kJDKBYheL1Yg1XwR3qPTa69Rx9"
date: 2026-03-09
domain: internet-finance
format: data
status: unprocessed
tags: [futardio, metadao, futarchy, solana]
event_type: launch
processed_by: rio
processed_date: 2026-03-10
enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "First documented failed raise on Futardio platform. No new claims warranted—this is empirical evidence of existing friction claims (liquidity requirements, adoption barriers) and challenges optimistic claims about MetaDAO's product-market fit and capital formation speed. The failure is particularly notable because the project had complete documentation, clear use of funds, and a coherent product narrative, suggesting the barrier is market liquidity/participation rather than project quality or information asymmetry."
---

## Launch Details
- Project: Etnl.io
- Description: ETNL turns your smartphone into a verified hardware wallet, delivering hardware-level security without the complexity.
- Funding target: $500,000.00
- Total committed: $96.00
- Status: Refunding
- Launch date: 2026-03-09
- URL: https://www.futard.io/launch/4oiZeLhoDB9jGTFd28kJDKBYheL1Yg1XwR3qPTa69Rx9

## Team / Description

# ETNL Next Generation Mobile Self-Custody

ETNL is a next generation mobile wallet designed to redefine digital self-custody through uncompromising security and seamless user experience. By leveraging the Secure Enclave and biometric systems built into modern smartphones, ETNL generates and stores cryptographic keys entirely on-device, ensuring they are never exposed, exported, or recoverable through conventional means.

The platform integrates continuous integrity verification, authenticated software updates, and on-device transaction simulation to eliminate the primary attack vectors that have historically compromised wallet applications. This architecture delivers hardware-level protection without requiring users to purchase or manage an external device.

With ETNL, self-custody becomes both accessible and resilient. The project's vision is to establish a new security standard for digital asset management, one that empowers users with complete control, without complexity or compromise.

---

## Use of Funds

ETNL is raising a minimum of $500,000 to build and launch a new standard in mobile self-custody. The monthly team budget is $30,000, covering core engineering, product, and operations. Across the raise, funds will be allocated toward team salaries and contractor costs, infrastructure and security audits, go-to-market and community growth, and an operational runway that supports sustained development through key launch milestones. Every dollar is directed toward shipping a secure, production-ready product.

---

## Roadmap and Milestones

ETNL is in active development with a phased delivery plan. Near-term priorities include completing the core wallet architecture with full Secure Enclave integration, followed by closed beta testing with security-focused users. The next phase covers on-device transaction simulation, continuous integrity verification, and authenticated update infrastructure. Public launch targets follow once internal and third-party audits are complete. Specific target dates are available to serious participants on request.

---

## Market and Differentiation

The self-custody wallet market is growing rapidly as users move away from centralized exchanges, yet most solutions still rely on seed phrase exposure or require external hardware devices. ETNL targets crypto-native users and institutional-leaning individuals who want hardware-grade security without the friction of a separate device. The competitive edge is architectural: by generating and storing keys entirely within the device's Secure Enclave, ETNL eliminates the attack vectors that have historically compromised software wallets. No exports, no recovery backdoors, no external dependencies. Go-to-market focuses on security-conscious communities, developer ecosystems, and distribution through the web3 platforms where trust in custody solutions is the primary purchase driver.

## Links

- Website: https://etnl.io
- Twitter: https://x.com/etnl_io
- Telegram: https://t.me/etnlio

## Raw Data

- Launch address: `4oiZeLhoDB9jGTFd28kJDKBYheL1Yg1XwR3qPTa69Rx9`
- Token: 64S (64S)
- Token mint: `64SnHgEfSdzpnmHEhh2niN8bcAjmhTyEQky2DKWBmeta`
- Version: v0.7
- Closed: 2026-03-10


## Key Facts
- Etnl.io Futardio raise: $500,000 target, $96 committed, refunding status (2026-03-09 to 2026-03-10)
- Etnl.io product: Secure Enclave-based mobile wallet with hardware-level security
- Etnl.io team budget: $30,000/month
- Launch address: 4oiZeLhoDB9jGTFd28kJDKBYheL1Yg1XwR3qPTa69Rx9
- Token: 64S, mint: 64SnHgEfSdzpnmHEhh2niN8bcAjmhTyEQky2DKWBmeta
- Futardio platform version: v0.7
