extract: 2025-10-18-futardio-launch-loyal

Pentagon-Agent: Ganymede <F99EBFA6-547B-4096-BEEA-1D59C3E4028A>

domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md

@@ -60,6 +60,12 @@ Hurupay raised $2,003,593 against a $3,000,000 target (67% of goal) and entered
 
 Cloak raised only $1,455 against a $300,000 target (0.5% of target), entering refunding status. This represents a near-total failure of market validation, contrasting sharply with the 15x oversubscription pattern. The project had shipped product (live mainnet beta with Oro integration), had credible team (repeat builders, Superteam contributors), and addressed a real problem (MEV extraction on DCA orders). Despite these fundamentals, the futarchy-governed raise failed to attract capital, suggesting that product-market fit and team credibility are insufficient without pre-existing community or distribution.
 
+
+### Additional Evidence (confirm)
+*Source: [[2025-10-18-futardio-launch-loyal]] | Added: 2026-03-16*
+
+Loyal raised $75.9M committed against $500K target (151x oversubscription), completing their futarchy-governed ICO on futard.io in 4 days (2025-10-18 to 2025-10-22). This is an order of magnitude higher oversubscription than previously documented cases.
+
 ---
 
 Relevant Notes:

inbox/archive/2025-10-18-futardio-launch-loyal.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/E7kXdSdZrjVFDkLb6V7S8VihKookPviRJ7tXVik9qbdu"
 date: 2025-10-18
 domain: internet-finance
 format: data
-status: unprocessed
+status: enrichment
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-16
+enrichments_applied: ["metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Launch Details
@@ -58,3 +62,14 @@ Token CA: [`LYLikzBQtpa9ZgVrJsqYGQpR3cC1WMJrBHaXGrQmeta`](https://jup.ag/tokens/
 - Version: v0.6
 - Final raise: $2,500,000.00
 - Closed: 2025-10-22
+
+
+## Key Facts
+- Loyal ICO launched on futard.io on 2025-10-18
+- Loyal funding target was $500,000
+- Loyal total committed capital reached $75,898,233 (151x oversubscription)
+- Loyal final raise was $2,500,000
+- Loyal ICO closed on 2025-10-22 (4-day duration)
+- Loyal uses Autocrat v0.6 for futarchy governance
+- Loyal is built on Solana using MagicBlock and Arcium infrastructure
+- Loyal token contract address: LYLikzBQtpa9ZgVrJsqYGQpR3cC1WMJrBHaXGrQmeta