rio: extract from 2026-03-05-futardio-launch-torch-market.md

- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/futardio.md

@@ -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
+- **2026-03-05** — [[torch-market-futardio-fundraise]] failed: Torch Market $75K raise entered refunding status after one day
 ## 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."

entities/internet-finance/torch-market-futardio-fundraise.md

@@ -0,0 +1,39 @@
+---
+type: entity
+entity_type: decision_market
+name: "Torch Market: Futardio Fundraise"
+domain: internet-finance
+status: failed
+parent_entity: "[[torch-market]]"
+platform: "futardio"
+proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
+proposal_date: 2026-03-05
+resolution_date: 2026-03-06
+category: "fundraise"
+summary: "$75K fundraise for Torch Market DeFi protocol marketing and operations entered refunding status"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Torch Market: Futardio Fundraise
+
+## Summary
+Torch Market attempted to raise $75,000 on Futardio for 6-month runway covering infrastructure, founder salary, marketing team (2 people), and 5 SOL for mainnet token bonding. The fundraise entered refunding status within one day, indicating insufficient market support.
+
+## Market Data
+- **Outcome:** Failed (Refunding)
+- **Target:** $75,000
+- **Duration:** 2026-03-05 to 2026-03-06 (1 day)
+- **Token:** 5pF
+- **Platform Version:** v0.7
+
+## Significance
+This represents a failed attempt to use futarchy-governed fundraising for an operational DeFi protocol with existing product (live on mainnet, formally verified, audited). The rapid failure suggests either market skepticism about the project's viability, insufficient marketing/community building pre-launch, or broader challenges with futarchy fundraising for technical infrastructure projects versus meme coins.
+
+The project had technical credibility markers (formal verification, audit, ~4K Clawhub downloads) but failed to attract capital, contrasting with successful meme coin launches on the same platform.
+
+## Relationship to KB
+- [[torch-market]] — parent entity
+- [[futardio]] — fundraising platform
+- [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] — contrast with successful meme coin raise
+- [[futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility]] — example of platform risk

entities/internet-finance/torch-market.md

@@ -0,0 +1,22 @@
+---
+type: entity
+entity_type: company
+name: "Torch Market"
+domain: internet-finance
+status: active
+website: "https://torch.market"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Torch Market
+
+Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield functionality in a single on-chain protocol designed for both human and AI agent users. The protocol is formally verified (48/48 Kani proof harnesses) and has been audited. It launched on Solana devnet/mainnet with an open-source SDK (torchsdk on npm with ~4K downloads via Clawhub agent skill).
+
+## Timeline
+- **2026-03-05** — [[torch-market-futardio-fundraise]] failed: $75K fundraise on Futardio entered refunding status
+
+## Relationship to KB
+- [[futardio]] — attempted fundraise platform
+- [[MetaDAO]] — futarchy governance ecosystem
+- Demonstrates agent-first DeFi design with formal verification

inbox/archive/2026-03-05-futardio-launch-torch-market.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
 date: 2026-03-05
 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: "Factual launch data for failed Futardio fundraise. No novel claims extracted — this is a data point illustrating existing claims about futarchy fundraising challenges. Created entity pages for Torch Market (company) and the fundraise decision market. The rapid failure (1 day to refunding) is notable but doesn't generate new claims beyond existing KB coverage of futarchy adoption friction and meme coin vs infrastructure fundraising dynamics."
 ---
 
 ## Launch Details
@@ -68,3 +72,11 @@ total: 69k-70k + flat 5k = 70k-75k total
 - Token mint: `5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta`
 - Version: v0.7
 - Closed: 2026-03-06
+
+
+## Key Facts
+- Torch Market raised $75K target on Futardio (2026-03-05)
+- Torch Market has 48/48 Kani formal verification proof harnesses
+- Torch Market SDK has ~4K downloads on Clawhub
+- Fundraise breakdown: $500-1500/mo Helius RPC, $40/mo frontend, $3K/mo founder, $2K/mo marketing, $6K/mo marketing team (2), $5K flat for mainnet token bond
+- Torch Market token: 5pF, mint: 5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta