rio: extract from 2026-02-26-futardio-launch-fitbyte.md

- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
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Teleo Agents 2026-03-12 10:03:18 +00:00
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---
type: entity
entity_type: company
name: "FitByte"
domain: internet-finance
status: failed
platform: "futardio"
funding_target: "$500,000"
total_raised: "$23"
launch_date: 2026-02-26
resolution_date: 2026-02-27
tracked_by: rio
created: 2026-03-11
---
# FitByte
FitByte is a health and fitness protocol built on Solana that proposed a workout-to-earn model combined with user-owned health data monetization. The project attempted to raise $500,000 through MetaDAO's Futardio platform but failed to attract meaningful capital, raising only $23 before entering refund status within 24 hours.
The project's thesis combined four elements: token rewards for verified physical activity, user sovereignty over health data, a marketplace for selling anonymized health data to researchers and clinical trial operators, and broader health ecosystem integration. The team positioned the Futardio launch as alignment with their sovereignty principles, using MetaDAO's unruggable ICO structure.
## Timeline
- **2026-02-26** — Launched fundraise on Futardio with $500K target
- **2026-02-27** — Fundraise closed in refunding status with $23 committed (0.0046% of target)
## Relationship to KB
- [[futardio]] — launch platform
- [[MetaDAO]] — governance infrastructure provider
- Represents a failed health-data tokenization attempt on futarchy infrastructure

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@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
- **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
- **2026-02-26** — [[fitbyte]] launched $500K raise, closed next day with $23 raised (refunding)
## Competitive Position
- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
- **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."

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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2"
date: 2026-02-26
domain: internet-finance
format: data
status: unprocessed
status: processed
tags: [futardio, metadao, futarchy, solana]
event_type: launch
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Failed fundraise with trivial capital raised. No novel claims about futarchy mechanisms, health data tokenization, or workout-to-earn economics — only marketing rhetoric. Created entity for FitByte as it represents a data point on Futardio launch outcomes (extreme failure case). No extractable claims because the source is entirely pitch material with no evidence of execution, adoption, or mechanism validation."
---
## Launch Details
@ -99,3 +103,10 @@ MetaDAO's Unruggable ICO model enforces what most projects only claim. Raise pro
- Token mint: `6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta`
- Version: v0.7
- Closed: 2026-02-27
## Key Facts
- FitByte raised $23 of $500,000 target (0.0046% fill rate)
- Launch lasted one day (2026-02-26 to 2026-02-27)
- Project combined workout-to-earn with health data monetization
- Team website listed as henry.com (likely placeholder or error)