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>
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@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
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- **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
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched seeking $288k, raised $114.9k (39.9%) before refunding
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## Competitive Position
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **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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entities/internet-finance/send-arcade-futardio-fundraise.md
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entities/internet-finance/send-arcade-futardio-fundraise.md
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---
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type: entity
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entity_type: decision_market
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name: "Send Arcade: Futardio Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[send-arcade]]"
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platform: "futardio"
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proposal_url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
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proposal_date: 2026-03-04
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resolution_date: 2026-03-05
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category: "fundraise"
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summary: "Send Arcade attempted to raise $288k for 11 months runway to build real-money casual gaming arcade on Solana"
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key_metrics:
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raise_target: "$288,000"
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total_committed: "$114,933"
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oversubscription_ratio: 0.399
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monthly_budget: "$20,000"
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target_runway: "11 months"
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performance_package: "10%"
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token: "$ARCADE"
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launch_address: "ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
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token_mint: "AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa"
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autocrat_version: "v0.7"
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tracked_by: rio
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created: 2026-03-11
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---
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# Send Arcade: Futardio Fundraise
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## Summary
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Send Arcade launched a futarchy-governed fundraise on Futardio seeking $288,000 to support 11 months of operations for their real-money casual gaming arcade on Solana. The raise attracted $114,933 in commitments (39.9% of target) before entering refunding status. The project positioned itself as "the first casino operated by futarchy" with fully on-chain games, zero backend, and agent-friendly PvP architecture.
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## Market Data
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- **Outcome:** Failed (Refunding)
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- **Raise Target:** $288,000
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- **Total Committed:** $114,933 (39.9%)
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- **Launch Date:** 2026-03-04
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- **Close Date:** 2026-03-05
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- **Monthly Budget:** $20,000
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- **Target Runway:** 11 months
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- **Performance Package:** 10%
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## Project Background
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Send Arcade originally launched 1.5 years ago under the Send Ecosystem ($SEND token) and built 10+ games with 9M+ on-chain plays and $200k+ ARR. After the Send token was sunset in January 2026, the team became independent and sought new funding to scale operations.
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## Value Proposition
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- **Zero backend:** Games fetch state directly from smart contracts
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- **Fully on-chain:** Verifiable outcomes, instant settlement
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- **Agent-friendly:** PvP revenue model where agents can autonomously play and earn
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- **90% lower operating costs** vs traditional gaming studios
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- **Casino ownership model:** $ARCADE token as casino chip where house always wins and holders capture revenue
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## Planned Use of Funds
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- Launch Season 1 of flagship game FuseMeDaddy on Seeker and Play Solana Console
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- Roll out game modes, maps, characters, skins
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- Release on App Store and Play Store
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- Polish and release Arcade app with 6+ minigames
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- Revive old titles like Lana Roads
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- Build additional casino-arcade style games
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## Team Achievements
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- 2x Blinkathon winner
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- Solana AI Hackathon winner
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- Realtime Hackathon winner
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- 5th in Breakout Gaming main track
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- Winner at Radar Gaming side track
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- Helius Startup Launchpad Cohort 1
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- 20k+ plays across 3k+ unique users on Farcaster
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- Games preinstalled on Play Solana gaming console
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- 2 games published on Solana Dapp Store
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## Significance
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This fundraise represents an attempt to apply futarchy governance to a consumer gaming product with existing traction. The failure to reach minimum raise despite $115k in commitments demonstrates the capital formation challenges for consumer-facing crypto applications, even with strong technical credentials and prior traction. The 39.9% fill rate suggests market skepticism about either the gaming model, the team's ability to execute post-Send-token-sunset, or the $288k valuation.
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## Relationship to KB
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- [[futardio]] — fundraising platform
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- [[send-arcade]] — parent entity
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- [[MetaDAO]] — underlying futarchy infrastructure
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- Related to [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]]
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- Related to [[internet-capital-markets-compress-fundraising-timelines]]
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- Demonstrates challenges in [[cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face]]
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entities/internet-finance/send-arcade.md
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entities/internet-finance/send-arcade.md
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---
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type: entity
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entity_type: company
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name: "Send Arcade"
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domain: internet-finance
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status: active
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founded: 2024
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website: "https://www.sendarcade.fun/"
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twitter: "https://x.com/sendarcadefun"
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github: "https://github.com/SendArcade"
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key_people:
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- "Yash (yashhsm)"
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key_metrics:
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plays: "9M+ on-chain"
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arr: "$200k+"
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games: "10+"
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farcaster_plays: "20k+"
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farcaster_users: "3k+"
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tracked_by: rio
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created: 2026-03-11
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---
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# Send Arcade
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Real-money casual gaming arcade built on Solana, originally launched under the Send Ecosystem ($SEND token) 1.5 years ago. After the Send token was sunset in early 2026, Send Arcade became independent. The platform features fully on-chain games with zero backend, verifiable outcomes, and instant settlement. Architecture is agent-friendly by default with PvP revenue model where the house takes a cut from the losing side.
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## Timeline
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- **2024-Q3** — Launched under Send Ecosystem with 10+ games
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- **2026-01** — Send token sunset, Send Arcade becomes independent
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- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched on Futardio seeking $288k, raised $114.9k before refunding
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## Relationship to KB
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- [[futardio]] — attempted fundraise platform
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- [[MetaDAO]] — futarchy infrastructure
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- Demonstrates [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] (attempted)
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- Related to [[internet-capital-markets-compress-fundraising-timelines]]
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## Achievements
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- 2x Blinkathon winner
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- Solana AI Hackathon winner
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- Realtime Hackathon winner
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- 5th place Breakout Gaming main track
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- Winner Radar Gaming side track
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- Helius Startup Launchpad Cohort 1
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- Games preinstalled on Play Solana gaming console
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- 2 games published on Solana Dapp Store (2 more in pipeline)
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## Technical Architecture
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- Zero backend infrastructure
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- Games fetch state directly from smart contracts
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- Fully on-chain with verifiable outcomes
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- Instant settlement
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- Agent-friendly PvP model
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- 90% lower operating costs vs traditional gaming studios
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## Target Market
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- Primary: Adults 18-45 (centered 25-34), U.S. and UK
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- Secondary: Solana degens, Solana Seeker and Play Solana communities
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- Focus on skill-based real money gaming
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## Product Strategy
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- Rakeback system for daily play incentives
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- Core PVP gameplay with quick rounds and real wagers
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- Paid and collaboration cosmetics
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- Flagship game: FuseMeDaddy
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- Multiple publishing platforms targeted (itch.io, GOG, Poki, etc.)
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## Token
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- Token: $ARCADE
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- Model: Casino chip / ownership coin
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- Revenue accrual: House takes cut from losing side of PvP matches
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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
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date: 2026-03-04
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domain: internet-finance
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Source is a Futardio launch page for Send Arcade fundraise. Extracted two entities: company (Send Arcade) and decision_market (the fundraise itself). No novel claims extracted because the source is primarily factual data about a specific fundraise event. The fundraise failed to reach minimum, entering refunding status. Key insight: 39.9% fill rate on a team with strong technical credentials and prior traction suggests market skepticism about post-Send-sunset execution or gaming model viability. Updated futardio.md timeline with this launch event."
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---
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## Launch Details
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@ -198,3 +202,14 @@ Secondary Market : Solana Degens
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- Token mint: `AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa`
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- Version: v0.7
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- Closed: 2026-03-05
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## Key Facts
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- Send Arcade raised $114,933 of $288,000 target (39.9% fill rate) on Futardio 2026-03-04
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- Send Arcade had 9M+ on-chain plays and $200k+ ARR under Send Ecosystem
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- Send token was sunset January 2026, making Send Arcade independent
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- Send Arcade won 2x Blinkathon, Solana AI Hackathon, Realtime Hackathon
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- Send Arcade games had 20k+ plays across 3k+ users on Farcaster
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- Send Arcade monthly budget: $20k for 11 months runway
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- Send Arcade performance package: 10%
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- Real Money Gaming market valued in billions (source: Send Arcade pitch)
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