diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..a011d2238 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]] launched seeking $288k, reached $114.9k (39.9%) 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." 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..f3e855277 --- /dev/null +++ b/entities/internet-finance/send-arcade-futardio-fundraise.md @@ -0,0 +1,45 @@ +--- +type: entity +entity_type: decision_market +name: "Send Arcade: Futardio Fundraise" +domain: internet-finance +status: failed +parent_entity: "[[send-arcade]]" +platform: "futardio" +proposal_url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7" +proposal_date: 2026-03-04 +resolution_date: 2026-03-05 +category: "fundraise" +summary: "Independent casino seeking $288k for 11-month runway after Send token sunset" +raise_target: "$288,000" +total_committed: "$114,933" +token_ticker: "$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 $288k through Futardio after becoming independent from the Send Ecosystem. The raise sought to fund 11 months of operations for their fully on-chain casino with zero backend architecture. Despite reaching $114.9k in commitments (39.9% of target), the raise entered refunding status. + +## Market Data +- **Outcome:** Failed (Refunding) +- **Raise Target:** $288,000 +- **Total Committed:** $114,933 (39.9%) +- **Token:** $ARCADE +- **Performance Package:** 10% +- **Monthly Budget:** $20,000 +- **Target Runway:** 11 months + +## Significance +This represents a test case for futarchy-governed fundraising for established projects transitioning from one token ecosystem to another. The 40% subscription rate suggests partial market validation but insufficient conviction for full funding. The project had demonstrated traction (9M+ plays, $200k+ ARR) but failed to attract sufficient capital through futarchy mechanism. + +## Relationship to KB +- [[send-arcade]] — parent entity +- [[futardio]] — fundraising platform +- [[MetaDAO]] — underlying futarchy infrastructure +- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — fundraising mechanism context \ No newline at end of file diff --git a/entities/internet-finance/send-arcade.md b/entities/internet-finance/send-arcade.md new file mode 100644 index 000000000..b69940cf9 --- /dev/null +++ b/entities/internet-finance/send-arcade.md @@ -0,0 +1,34 @@ +--- +type: entity +entity_type: company +name: "Send Arcade" +domain: internet-finance +status: active +founded: 2024 +website: "https://www.sendarcade.fun/" +twitter: "https://x.com/sendarcadefun" +github: "https://github.com/SendArcade" +key_metrics: + games_built: "10+" + onchain_plays: "9M+" + arr: "$200k+" + farcaster_plays: "20k+" + farcaster_unique_users: "3k+" +tracked_by: rio +created: 2026-03-11 +--- + +# Send Arcade + +Real-money casual gaming arcade built on Solana, originally launched under the Send Ecosystem and $SEND token. Operates as fully on-chain casino with zero backend, verifiable outcomes, and instant settlement. After Send token sunset in early 2026, became independent entity. Business model is PvP revenue share with agent-friendly architecture. + +## Timeline +- **2024-Q3** — Launched under Send Ecosystem with $SEND token, built 10+ games +- **2025** — Achieved 9M+ on-chain plays, $200k+ ARR, 20k+ plays on Farcaster across 3k+ unique users +- **2026-01** — Send token sunset, Send Arcade becomes independent +- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched on Futardio seeking $288k, reached $114.9k before refunding + +## Relationship to KB +- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — attempted futarchy fundraise +- [[MetaDAO]] — fundraising platform used +- [[domains/internet-finance/_map]] \ No newline at end of file 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..0506a6af3 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: "Factual fundraise data for Send Arcade's failed Futardio raise. No novel claims about futarchy mechanisms or market dynamics beyond what's already captured in existing KB. The 40% subscription rate is a data point but doesn't establish a pattern. Created entity pages for Send Arcade (company) and the fundraise decision market, plus timeline update to Futardio parent entity." --- ## Launch Details @@ -198,3 +202,14 @@ 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 in January 2026 +- Send Arcade Futardio raise targeted $288k for 11-month runway at $20k/month burn +- Raise achieved $114,933 (39.9% of target) before entering refunding status +- Send Arcade won 2x Blinkathon, Solana AI Hackathon, Realtime Hackathon, 5th in Breakout Gaming +- Games preinstalled on PlaySolana gaming console +- Target market: adults 18-45, centered on 25-34, primarily US and UK players +- Business model: PvP revenue share, zero backend, fully on-chain with verifiable outcomes