rio: extract from 2026-02-26-futardio-launch-fitbyte.md

- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/fitbyte.md

@@ -0,0 +1,29 @@
+---
+type: entity
+entity_type: company
+name: "FitByte"
+domain: internet-finance
+status: failed
+platform: "futardio"
+launch_date: 2026-02-26
+funding_target: "$500,000"
+total_committed: "$23"
+outcome: "refunding"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# FitByte
+
+FitByte was a health and fitness protocol built on Solana that proposed a workout-to-earn model combined with sovereign health data ownership and a marketplace for users to monetize their health data with researchers and clinical trial operators. The project raised through MetaDAO's Unruggable ICO platform (Futardio) but failed to reach its funding target.
+
+## Timeline
+
+- **2026-02-26** — Launched fundraise on Futardio with $500,000 target
+- **2026-02-27** — Fundraise closed with only $23 committed, entered refunding status
+
+## Relationship to KB
+
+- [[futardio]] — launch platform
+- [[MetaDAO]] — parent organization providing unruggable ICO infrastructure
+- Example of failed futarchy-governed fundraise demonstrating market rejection despite aligned mechanism design

entities/internet-finance/futardio-launch-fitbyte.md

@@ -0,0 +1,46 @@
+---
+type: entity
+entity_type: decision_market
+name: "Futardio: FitByte Fundraise"
+domain: internet-finance
+status: failed
+parent_entity: "[[futardio]]"
+platform: "futardio"
+proposer: "FitByte team"
+proposal_url: "https://www.futard.io/launch/8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2"
+proposal_date: 2026-02-26
+resolution_date: 2026-02-27
+category: "fundraise"
+summary: "Health and fitness protocol combining workout-to-earn with sovereign health data marketplace"
+funding_target: "$500,000"
+total_committed: "$23"
+outcome: "refunding"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Futardio: FitByte Fundraise
+
+## Summary
+
+FitByte proposed a Solana-based health protocol combining workout-to-earn token rewards with user-owned health data and a marketplace for monetizing that data with researchers and clinical trial operators. The project launched through MetaDAO's Unruggable ICO platform with a $500,000 funding target but attracted only $23 in commitments before closing and entering refunding status after one day.
+
+## Market Data
+
+- **Outcome:** Failed (refunding)
+- **Funding Target:** $500,000
+- **Total Committed:** $23
+- **Launch Date:** 2026-02-26
+- **Close Date:** 2026-02-27
+- **Commitment Rate:** 0.0046%
+
+## Significance
+
+This represents one of the most decisive market rejections on the Futardio platform despite the project's alignment with stated platform values (user sovereignty, transparent governance, anti-rug mechanisms). The failure suggests that mechanism design alignment and governance structure are insufficient to overcome fundamental market skepticism about project viability or team credibility. The near-zero commitment level ($23 on a $500K target) indicates the market priced this as non-viable from launch rather than a close decision that narrowly failed.
+
+## Relationship to KB
+
+- [[futardio]] — launch platform
+- [[MetaDAO]] — parent organization
+- [[fitbyte]] — project entity
+- Demonstrates limits of [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]] when underlying project lacks credibility

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
+- **2026-02-26** — [[futardio-launch-fitbyte]] failed: FitByte health protocol fundraise attracted only $23 of $500K target, entered refunding status after one 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."

inbox/archive/2026-02-26-futardio-launch-fitbyte.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2"
 date: 2026-02-26
 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 failed Futardio fundraise launch. No novel claims extractable — this is purely factual entity data. The failure is significant as a data point (extreme market rejection despite mechanism alignment) but does not generate new arguable propositions beyond what existing claims already cover about futarchy-governed fundraising. Created entity pages for FitByte company and the decision market, plus timeline entry on Futardio parent entity."
 ---
 
 ## Launch Details
@@ -99,3 +103,11 @@ MetaDAO's Unruggable ICO model enforces what most projects only claim. Raise pro
 - Token mint: `6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta`
 - Version: v0.7
 - Closed: 2026-02-27
+
+
+## Key Facts
+- FitByte launched on Futardio 2026-02-26 with $500K target
+- FitByte raised only $23 before closing 2026-02-27
+- FitByte token: 6GF, mint address: 6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta
+- FitByte launch address: 8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2
+- FitByte website listed as henry.com (likely placeholder or error)