rio: extract from 2026-03-04-futardio-launch-send-arcade.md

- Source: inbox/archive/2026-03-04-futardio-launch-send-arcade.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
+- **2026-03-04** — [[send-arcade-futardio-fundraise]] failed: $114,933 raised of $288,000 target (40% subscription), refunded
 ## 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/send-arcade-futardio-fundraise.md

@@ -0,0 +1,56 @@
+---
+type: entity
+entity_type: decision_market
+name: "Send Arcade: Futardio Fundraise"
+domain: internet-finance
+status: failed
+parent_entity: "[[send-arcade]]"
+platform: "futardio"
+proposer: "Send Arcade team"
+proposal_url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
+proposal_date: 2026-03-04
+resolution_date: 2026-03-05
+category: "fundraise"
+summary: "Futarchy-governed fundraise for OG Arcade Casino of Solana targeting $288k for 11-month runway"
+key_metrics:
+  raise_target: "$288,000"
+  total_committed: "$114,933"
+  oversubscription_ratio: 0.40
+  token_ticker: "$ARCADE"
+  performance_package: "10%"
+  monthly_budget: "$20,000"
+  target_runway: "11 months"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Send Arcade: Futardio Fundraise
+
+## Summary
+Send Arcade attempted to raise $288,000 through Futardio to fund 11 months of operations for what they positioned as "the first casino operated by futarchy." The project emphasized fully on-chain games with zero backend, verifiable outcomes, and agent-friendly PvP revenue models. The raise failed to meet its minimum target, achieving only 40% subscription ($114,933 of $288,000), resulting in a refund to all participants.
+
+## Market Data
+- **Outcome:** Failed (refunding)
+- **Raise Target:** $288,000
+- **Total Committed:** $114,933
+- **Oversubscription:** 0.40x
+- **Duration:** 1 day (2026-03-04 to 2026-03-05)
+- **Token:** $ARCADE
+- **Performance Package:** 10%
+
+## Significance
+This represents a failed attempt to apply futarchy governance to casino operations and demonstrates the challenge of raising capital for gaming projects even with novel governance mechanisms. The 40% subscription rate suggests either insufficient market interest in futarchy-governed casinos, concerns about the team's execution capability post-Send token sunset, or general skepticism about real-money gaming on Solana. The project's emphasis on "owning the house" through token ownership and zero-backend architecture represents an attempt to differentiate from traditional online casinos.
+
+## Technical Architecture
+- Zero backend infrastructure
+- Games fetch state directly from smart contracts
+- Fully on-chain with verifiable outcomes
+- Instant settlement
+- Agent-friendly PvP revenue model
+- 90% lower operating costs than traditional gaming studios
+
+## Relationship to KB
+- [[send-arcade]] — parent entity
+- [[futardio]] — fundraising platform
+- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — attempted application to gaming
+- [[MetaDAO]] — futarchy infrastructure provider

entities/internet-finance/send-arcade.md

@@ -0,0 +1,39 @@
+---
+type: entity
+entity_type: company
+name: "Send Arcade"
+domain: internet-finance
+status: active
+founded: 2024
+headquarters: "Unknown"
+key_people:
+  - "Yash (founder)"
+website: "https://www.sendarcade.fun/"
+social:
+  twitter: "https://x.com/sendarcadefun"
+  discord: "https://discord.gg/sXzs457S"
+  github: "https://github.com/SendArcade"
+key_metrics:
+  games_built: "10+"
+  onchain_plays: "9M+"
+  arr: "$200k+"
+  farcaster_plays: "20k+"
+  farcaster_users: "3k+"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Send Arcade
+
+Send Arcade is a real-money casual gaming arcade built on Solana, positioning itself as the first casino operated by futarchy. Originally launched as the gaming arm of the Send Ecosystem ($SEND token) 1.5 years ago, the project became independent after the Send token was sunset in early 2026. The platform features fully on-chain games with zero backend infrastructure, verifiable outcomes, and instant settlement. Send Arcade raised $114,933 of a $288,000 target through Futardio before the raise was refunded.
+
+## Timeline
+- **2024-09** — Send Arcade launched under Send Ecosystem with $SEND token
+- **2026-01** — Send token sunset, Send Arcade becomes independent
+- **2026-03-04** — Futardio fundraise launched targeting $288,000 for 11-month runway
+- **2026-03-05** — Fundraise closed with $114,933 committed, status: refunding
+
+## Relationship to KB
+- [[futardio]] — fundraising platform used
+- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — attempted to use futarchy for casino governance
+- Part of Solana gaming ecosystem alongside [[domains/internet-finance/_map]]

inbox/archive/2026-03-04-futardio-launch-send-arcade.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
 date: 2026-03-04
 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: "Send Arcade fundraise failed to meet minimum target. This is a significant data point for futarchy-governed fundraising adoption but does not generate new claims. The project's technical architecture (zero backend, fully on-chain) and positioning (first futarchy-operated casino) are interesting but represent company marketing rather than validated mechanisms. Created entity pages for Send Arcade (company) and the fundraise decision market. No extractable claims - this is primarily factual data about a failed fundraise event."
 ---
 
 ## Launch Details
@@ -198,3 +202,16 @@ Secondary Market : Solana Degens
 - Token mint: `AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa`
 - Version: v0.7
 - Closed: 2026-03-05
+
+
+## Key Facts
+- Send Arcade built 10+ games with 9M+ on-chain plays and $200k+ ARR under Send Ecosystem
+- Send token was sunset 2 months before fundraise (January 2026)
+- Send Arcade won 2x Blinkathon, Solana AI Hackathon, Realtime Hackathon, 5th in Breakout Gaming, Winner at Radar Gaming
+- Send Arcade launched mini games on Farcaster with 20k+ plays across 3k+ unique users
+- Target market: Adults 18-45, centered on 25-34, primarily US and UK players
+- Monthly team budget: $20,000 USD for 11-month runway
+- Performance package: 10% of tokens
+- Token: $ARCADE (AaE), mint: AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa
+- Launch address: ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7
+- Futardio version: v0.7