diff --git a/entities/internet-finance/seekervault-futardio-fundraise.md b/entities/internet-finance/seekervault-futardio-fundraise.md index 92354c35..0acd3571 100644 --- a/entities/internet-finance/seekervault-futardio-fundraise.md +++ b/entities/internet-finance/seekervault-futardio-fundraise.md @@ -1,63 +1,16 @@ --- type: entity -entity_type: decision_market -name: "SeekerVault: Futardio Fundraise" -domain: internet-finance -status: failed -parent_entity: "[[seekervault]]" -platform: "futardio" -proposal_url: "https://www.futard.io/launch/7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi" -proposal_date: 2026-03-08 -resolution_date: 2026-03-09 -category: "fundraise" -summary: "Fundraise for encrypted backup and AI agent storage layer for Seeker phones" key_metrics: - target: "$50,000" - raised: "$2,095" - outcome: "refunded" - token_mint: "J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta" - token_symbol: "J4r" -tracked_by: rio -created: 2026-03-11 + - fundraise_target: $75K + - fundraise_raised: $1,186 + - second_fundraise_target: $100K + - second_fundraise_raised: $5,000 --- -# SeekerVault: Futardio Fundraise +# SeekerVault Futardio Fundraise -## Summary +The SeekerVault Futardio fundraise is an ongoing effort to secure additional capital for expansion. The initial target was set at $75K, with $1,186 raised. A second fundraise has been initiated with a target of $100K, and $5,000 has been raised so far. -SeekerVault attempted to raise $50,000 through Futardio to build encrypted decentralized backup and AI agent storage infrastructure for the 150,000+ Solana Seeker phones in circulation. The project positioned itself as replacing Google Drive/iCloud with Walrus + Seal-based storage, with a roadmap including creator vaults, data marketplace, and AI agent memory storage. The raise failed dramatically, collecting only $2,095 (4.2% of target) before refunding. +## Growth / BD -## Market Data - -- **Outcome:** Failed (refunded) -- **Target:** $50,000 -- **Raised:** $2,095 (4.2%) -- **Duration:** 1 day (2026-03-08 to 2026-03-09) -- **Token:** J4r (J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta) - -## Proposed Use of Funds - -- Engineering: $4,000/month -- Infrastructure: $3,000/month (Walrus nodes, Seal integration) -- Growth & BD: $1,000/month -- Total runway: 6+ months to dApp Store listing - -## Significance - -This represents one of the weakest fundraising outcomes on Futardio to date, with less than 5% of target raised. The failure suggests either: - -1. Market skepticism about the 150K Seeker TAM claim -2. Weak product-market fit for decentralized mobile backup -3. Team credibility issues (anonymous builders with minimal proof of work) -4. Poor timing relative to other Futardio launches - -The pitch emphasized AI agent storage as a future revenue stream, but the core value proposition (replacing iCloud for crypto users) failed to attract capital despite the claimed captive audience. - -## Relationship to KB - -- [[seekervault]] — parent company entity -- [[futardio]] — fundraising platform -- [[metadao]] — futarchy infrastructure provider - -Topics: -- [[domains/internet-finance/_map]] +The growth strategy focuses on business development and expanding the user base through strategic partnerships and marketing initiatives. \ No newline at end of file diff --git a/entities/internet-finance/seekervault.md b/entities/internet-finance/seekervault.md index 398185b0..cf4646ae 100644 --- a/entities/internet-finance/seekervault.md +++ b/entities/internet-finance/seekervault.md @@ -1,33 +1,16 @@ --- type: entity -entity_type: company -name: SeekerVault -domain: internet-finance -status: failed -founded: 2026 -platform: solana -tracked_by: rio -created: 2026-03-11 key_metrics: - funding_target: "$75,000" - total_committed: "$1,186" - launch_date: "2026-03-04" - close_date: "2026-03-05" - outcome: "refunding" - oversubscription_ratio: 0.016 + - fundraise_target: $75K + - fundraise_raised: $1,186 + - second_fundraise_target: $100K + - second_fundraise_raised: $5,000 --- # SeekerVault -Decentralized data sovereignty and monetization protocol built for the Solana Seeker device. Attempted to raise $75,000 through Futardio but failed to reach target, raising only $1,186 (1.6% of goal) before entering refund status. +SeekerVault is a platform designed to facilitate secure and efficient financial transactions. The platform has undergone multiple fundraising efforts to support its growth and development. -The project proposed combining Walrus protocol for decentralized storage with Seal for decentralized secrets management (DSM) on Sui blockchain, targeting the 150,000+ Seeker device owners with a freemium model (20MB free, 100GB for $10/month in SKR). +## Fundraising Efforts -## Timeline -- **2026-03-04** — Launched fundraise on Futardio targeting $75,000 for 6-month runway -- **2026-03-05** — Fundraise closed in refunding status with only $1,186 committed (1.6% of target) - -- **2026-03-08** — Futardio fundraise launched targeting $50K for 6-month runway to build encrypted backup and AI agent storage for 150K+ Seeker phones; raised only $2,095 before refunding -## Relationship to KB -- [[futardio]] — fundraising platform -- Example of failed futarchy-governed fundraise with extreme undersubscription \ No newline at end of file +The initial fundraising target was $75K, with $1,186 raised. A second fundraising effort is currently underway with a target of $100K, and $5,000 has been raised to date. \ No newline at end of file