From 4c7448a038a59271f719cc4de64a46561ade2213 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 17:12:40 +0000 Subject: [PATCH] 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 --- entities/internet-finance/futardio.md | 1 + .../send-arcade-futardio-fundraise.md | 56 +++++++++++++++++++ entities/internet-finance/send-arcade.md | 39 +++++++++++++ .../2026-03-04-futardio-launch-send-arcade.md | 19 ++++++- 4 files changed, 114 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/send-arcade-futardio-fundraise.md create mode 100644 entities/internet-finance/send-arcade.md diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..9f376a67e 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 +- **2026-03-04** — [[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." diff --git a/entities/internet-finance/send-arcade-futardio-fundraise.md b/entities/internet-finance/send-arcade-futardio-fundraise.md new file mode 100644 index 000000000..458d1583a --- /dev/null +++ b/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 diff --git a/entities/internet-finance/send-arcade.md b/entities/internet-finance/send-arcade.md new file mode 100644 index 000000000..b6039c9c4 --- /dev/null +++ b/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]] diff --git a/inbox/archive/2026-03-04-futardio-launch-send-arcade.md b/inbox/archive/2026-03-04-futardio-launch-send-arcade.md index 758c9e463..c295316d7 100644 --- a/inbox/archive/2026-03-04-futardio-launch-send-arcade.md +++ b/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