diff --git a/entities/internet-finance/fancy-cats.md b/entities/internet-finance/fancy-cats.md
new file mode 100644
index 00000000..c51b086f
--- /dev/null
+++ b/entities/internet-finance/fancy-cats.md
@@ -0,0 +1,30 @@
+---
+type: entity
+entity_type: company
+name: "Fancy Cats"
+domain: internet-finance
+status: failed
+website: "https://meow.aol"
+platform: "futardio"
+launch_date: 2026-02-25
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  funding_target: "$100.00"
+  status: "refunding"
+  launch_address: "53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy"
+  token_symbol: "5ea"
+  token_mint: "5eaktMQvr6PGNaLkRNjjJFgWP33ANfCbUEQDMVgQmeta"
+  platform_version: "v0.7"
+---
+
+# Fancy Cats
+
+AI companion protocol that launched on MetaDAO's Futardio platform with $100 funding target. Positioned as trainable, evolving AI companions with NFT collectible mechanics and breeding system. Launch entered refunding status on same day (2026-02-25), suggesting failed minimum raise or test deployment.
+
+## Timeline
+- **2026-02-25** — Launched futarchy-governed ICO on Futardio with $100 target, immediately entered refunding status
+
+## Relationship to KB
+- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — launch platform
+- [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility]] — example of failed launch on curated platform
diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md
index 3939e101..aad0e139 100644
--- a/entities/internet-finance/futardio.md
+++ b/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
+- **2026-02-25** — [[fancy-cats]] launch (failed): $100 target, refunded same 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."
diff --git a/inbox/archive/2026-02-25-futardio-launch-fancy-cats.md b/inbox/archive/2026-02-25-futardio-launch-fancy-cats.md
index 777aa7e5..2194494a 100644
--- a/inbox/archive/2026-02-25-futardio-launch-fancy-cats.md
+++ b/inbox/archive/2026-02-25-futardio-launch-fancy-cats.md
@@ -6,7 +6,7 @@ url: "https://www.futard.io/launch/53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy"
 date: 2026-02-25
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
 processed_by: rio
@@ -14,6 +14,10 @@ processed_date: 2026-03-11
 enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility.md"]
 extraction_model: "anthropic/claude-sonnet-4.5"
 extraction_notes: "Single launch example demonstrating full unruggable ICO structure (DAO LLC, futarchy treasury, performance vesting) applied to AI companion product. Low funding target and immediate refunding status suggests test deployment or failed minimum raise. Provides concrete implementation evidence for MetaDAO governance architecture and raises question about brand separation strategy for failed launches."
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Single failed launch example. $100 target with immediate refunding suggests test deployment rather than genuine fundraise. No novel claims — launch structure matches existing MetaDAO/Futardio architecture documentation. Entity created to track launch event but below significance threshold for mechanism insights. Pitch rhetoric about AI companions and DAO LLC structure already covered in existing claims about unruggable ICO mechanics."
 ---
 
 ## Launch Details
@@ -92,6 +96,15 @@ This is the only kind of raise that makes sense for a product designed to last a
 - Closed: 2026-02-25
 
 
+## Key Facts
+- Fancy Cats launch address: 53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy
+- Token: 5ea, mint: 5eaktMQvr6PGNaLkRNjjJFgWP33ANfCbUEQDMVgQmeta
+- Funding target: $100.00, Status: Refunding
+- Launch date: 2026-02-25, Closed: 2026-02-25
+- Platform version: v0.7
+- Project website: https://meow.aol
+
+
 ## Key Facts
 - Fancy Cats launch address: 53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy
 - Token: 5ea, mint: 5eaktMQvr6PGNaLkRNjjJFgWP33ANfCbUEQDMVgQmeta