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### 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.
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