---
type: entity
entity_type: decision_market
name: "Git3: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[git3]]"
platform: "futardio"
proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: "fundraise"
summary: "Git3 attempted to raise $100K through futarchy-governed launch for on-chain Git infrastructure"
key_metrics:
  funding_target: "$100,000"
  total_committed: "$28,266"
  outcome: "refunding"
  token: "6VT"
  token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
tracked_by: rio
created: 2026-03-11
---

# Git3: Futardio Fundraise

## Summary

Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to build on-chain Git infrastructure with permanent storage on Irys blockchain. The project proposed bringing Git repositories on-chain as NFTs with x402 monetization, GitHub Actions integration, and AI agent interoperability. The raise achieved 28.3% of target ($28,266 committed) before entering refunding status after one day.

## Market Data

- **Outcome:** Failed (Refunding)
- **Funding Target:** $100,000
- **Total Committed:** $28,266 (28.3% of target)
- **Launch Date:** 2026-03-05
- **Closed:** 2026-03-06
- **Token:** 6VT
- **Platform:** Futardio v0.7

## Significance

This represents a failed futarchy-governed fundraise for developer infrastructure, demonstrating that not all technically sound projects achieve funding targets through prediction markets. The 28.3% fill rate suggests either insufficient market validation of the code-as-asset thesis, limited awareness of the launch, or skepticism about the team's ability to execute the ambitious roadmap (12-month runway, three development phases, enterprise features).

The refunding outcome is notable because Git3 had a live MVP, clear technical architecture, and alignment with broader trends (on-chain code storage, AI agent infrastructure, x402 protocol). The failure suggests futarchy markets can filter projects even when fundamentals appear strong, potentially due to go-to-market concerns, competitive positioning (GitHub's dominance), or team credibility questions.

## Relationship to KB

- [[git3]] — parent entity
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy infrastructure provider
- Demonstrates futarchy-governed fundraise failure despite live MVP and technical merit