rio: extract from 2026-03-05-futardio-launch-git3.md

- Source: inbox/archive/2026-03-05-futardio-launch-git3.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
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Teleo Agents 2026-03-12 09:51:31 +00:00
parent ba4ac4a73e
commit 4e0014aea7
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@ -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** — [[git3-futardio-fundraise]] launched: Git3 attempted $100K raise for on-chain Git infrastructure, raised $28,266 (28.3%) before refunding
## 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."

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@ -0,0 +1,47 @@
---
type: entity
entity_type: decision_market
name: "Git3: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[git3]]"
platform: "futardio"
proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: "fundraise"
summary: "Git3 attempted to raise $100,000 for on-chain Git infrastructure development through Futardio"
funding_target: "$100,000"
total_committed: "$28,266"
token: "6VT"
token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
tracked_by: rio
created: 2026-03-11
---
# Git3: Futardio Fundraise
## Summary
Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to fund 12-13 months of development for on-chain Git infrastructure. The raise attracted $28,266 in commitments (28.3% of target) before entering refunding status, indicating insufficient market confidence in the project's value proposition or execution risk.
## Market Data
- **Outcome:** Failed (Refunding)
- **Target:** $100,000
- **Raised:** $28,266 (28.3%)
- **Token:** 6VT
- **Duration:** 1 day (2026-03-05 to 2026-03-06)
## Significance
This represents a failed capital formation attempt for infrastructure-layer blockchain tooling. The 28% fill rate suggests either:
1. Market skepticism about developer adoption of on-chain Git storage
2. Concerns about the x402 monetization model viability
3. Competitive positioning against centralized alternatives (GitHub)
4. Team execution risk given early MVP stage
The rapid closure (1 day) indicates the team or platform recognized insufficient momentum early rather than letting the raise languish.
## Relationship to KB
- [[git3]] — parent entity
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy infrastructure provider
- Tests market appetite for Code as an Asset (CAA) infrastructure

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@ -0,0 +1,31 @@
---
type: entity
entity_type: company
name: "Git3"
domain: internet-finance
status: active
founded: 2025
website: "https://git3.io"
twitter: "https://x.com/TryGit3"
telegram: "https://t.me/Git3io"
key_metrics:
mvp_status: "live"
blockchain: "Irys"
protocol: "x402"
tracked_by: rio
created: 2026-03-11
---
# Git3
Git3 is infrastructure that brings Git repositories on-chain, enabling permanent code storage, censorship resistance, and monetization through the x402 protocol. Each repository is stored as an NFT on the Irys blockchain with complete Git history preservation.
## Timeline
- **2025-Q1** — MVP launched at git3.io with terminal interface for repository import and GitHub OAuth integration
- **2026-03-05** — Futardio fundraise launched targeting $100,000 for 12-13 month runway; raised $28,266 before refunding
## Relationship to KB
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy governance infrastructure
- Implements on-chain code storage with x402 monetization protocol
- Targets $500B+ developer economy with Code as an Asset (CAA) model

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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
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: "Source is a Futardio launch page for Git3 fundraise. Contains detailed project description, roadmap, and team information but represents a failed capital formation attempt. No novel claims about futarchy mechanisms or market dynamics—this is primarily factual data about a specific fundraise outcome. The 28% fill rate and rapid closure are data points, not arguable propositions. Created entity pages for Git3 (company) and the fundraise (decision_market), plus timeline update to Futardio parent entity."
---
## Launch Details
@ -268,3 +272,12 @@ Future revenue streams include enterprise licensing, premium features, and custo
- Token mint: `6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta`
- Version: v0.7
- Closed: 2026-03-06
## Key Facts
- Git3 MVP live at git3.io with GitHub OAuth and Irys blockchain integration
- Git3 fundraise targeted $100,000 for 12-13 month runway (~$8,000/month burn)
- Git3 raised $28,266 (28.3% of target) before entering refunding status
- Git3 uses Irys blockchain for storage with x402 protocol for monetization
- Git3 token: 6VT (mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta)
- Fundraise duration: 1 day (2026-03-05 to 2026-03-06)