diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..8a5dd6af0 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 +- **2026-03-07** — [[nexid-futardio-fundraise]] failed: NexID's $50K raise at $75K valuation went to REFUNDING status within 24 hours despite live MVP and prior education traction ## 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/nexid-futardio-fundraise.md b/entities/internet-finance/nexid-futardio-fundraise.md new file mode 100644 index 000000000..6cc004553 --- /dev/null +++ b/entities/internet-finance/nexid-futardio-fundraise.md @@ -0,0 +1,43 @@ +--- +type: entity +entity_type: decision_market +name: "NexID: Futardio Fundraise" +domain: internet-finance +status: failed +parent_entity: "[[nexid]]" +platform: "futardio" +proposal_url: "https://www.futard.io/launch/9diK9jWj4vEbCw6mKaSekdn2vw2R62jFDhCgYerCo8jK" +proposal_date: 2026-03-07 +resolution_date: 2026-03-08 +category: "fundraise" +summary: "NexID attempted to raise $50,000 at $75,000 implied valuation for interactive Web3 education platform with AI-powered learning and on-chain credentials" +key_metrics: + funding_target: "$50,000" + implied_valuation: "$75,000" + outcome: "REFUNDING" +tracked_by: rio +created: 2026-03-11 +--- + +# NexID: Futardio Fundraise + +## Summary +NexID launched a futarchy-governed fundraise on Futardio seeking $50,000 at a $75,000 implied valuation to fund an interactive Web3 education platform combining AI video learning with on-chain credentials and .id domain identities. The raise went into REFUNDING status within one day, indicating the market rejected the proposal. + +## Market Data +- **Outcome:** Failed (REFUNDING) +- **Launch Date:** 2026-03-07 +- **Close Date:** 2026-03-08 +- **Funding Target:** $50,000 +- **Implied Valuation:** $75,000 +- **Platform:** Futardio v0.7 + +## Significance +This represents a failed attempt to use futarchy-governed fundraising for an education technology platform. The rapid move to REFUNDING status (within 24 hours) suggests the market found either the valuation, business model, or product-market fit unconvincing despite the team having an MVP platform already live with interactive courses. + +The failure is notable because NexID had more product traction than typical futarchy launches (live MVP, prior education experience with 5K+ students), yet still failed to attract capital commitment. This may indicate market skepticism about B2B education SaaS models in the futarchy fundraising context, or concerns about the $75K valuation for a 2-person team with $5K monthly burn. + +## Relationship to KB +- [[nexid]] — parent entity attempting fundraise +- [[futardio]] — platform hosting the futarchy-governed raise +- Contrasts with [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] showing futarchy's selectivity between meme coins and utility projects \ No newline at end of file diff --git a/entities/internet-finance/nexid.md b/entities/internet-finance/nexid.md new file mode 100644 index 000000000..b980dd04c --- /dev/null +++ b/entities/internet-finance/nexid.md @@ -0,0 +1,33 @@ +--- +type: entity +entity_type: company +name: "NexID" +domain: internet-finance +status: active +founded: 2025 +website: "https://nexid.fun" +twitter: "https://x.com/UseNexID" +discord: "https://discord.gg/Rmuy5qBBjT" +key_metrics: + funding_target: "$50,000" + implied_valuation: "$75,000" + monthly_burn: "$5,000" + team_size: 2 + prior_students_educated: 5000 +tracked_by: rio +created: 2026-03-11 +--- + +# NexID + +NexID is an interactive Web3 education and identity infrastructure platform that combines AI-powered video learning with on-chain credentials and .id domain identities. The platform uses Synthesia AI avatar technology to create gamified learning experiences with verifiable knowledge assessment, targeting both B2B protocol onboarding campaigns and B2C user education. + +The company operates a dual business model: protocols pay $15K-$100K+ for custom onboarding campaigns, while users build portable Web3 identities through .id domains that store credentials, reputation scores, and activity history. The founder previously created gamified crypto learning experiences that educated over 5,000 students through partnerships with TinyTap and Open Campus. + +## Timeline +- **2026-03-07** — [[nexid-futardio-fundraise]] launched on Futardio seeking $50,000 at $75,000 implied valuation; status changed to REFUNDING by 2026-03-08 +- **2026-03-07** — MVP platform launched with live interactive courses including "The Futardio Founder Playbook" and "Web3 Product Design" demonstrating AI video learning with on-chain verification + +## Relationship to KB +- [[futardio]] — fundraising platform used for capital raise attempt +- Implements interactive education layer for Web3 onboarding, addressing the retention problem in crypto user acquisition \ No newline at end of file diff --git a/inbox/archive/2026-03-07-futardio-launch-nexid.md b/inbox/archive/2026-03-07-futardio-launch-nexid.md index 0f26ba403..342d2e8e3 100644 --- a/inbox/archive/2026-03-07-futardio-launch-nexid.md +++ b/inbox/archive/2026-03-07-futardio-launch-nexid.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/9diK9jWj4vEbCw6mKaSekdn2vw2R62jFDhCgYerCo8jK" date: 2026-03-07 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: "NexID fundraise launch announcement with extensive product detail but failed market validation. Created entity pages for NexID company and the failed fundraise decision market. No novel claims extracted - this is primarily factual data about a specific fundraise attempt. The rapid failure (24 hours to REFUNDING) is notable as a data point about futarchy market selectivity but doesn't constitute a generalizable claim without more context about why it failed." --- ## Launch Details @@ -412,3 +416,16 @@ And hopefully make Web3 onboarding **a little smarter and a lot less spammy**. - Token mint: `FbA6HqFFw1crzuPReoaUuT6XESU3fz52FCUhL4B7meta` - Version: v0.7 - Closed: 2026-03-08 + + +## Key Facts +- NexID raised $50,000 target at $75,000 implied valuation (2026-03-07) +- NexID fundraise status: REFUNDING (2026-03-08) +- NexID team size: 2 founders +- NexID monthly burn: $5,000 ($2K team, $2K infrastructure, $1K marketing) +- NexID prior education reach: 5,000+ students through TinyTap and Open Campus partnerships +- NexID .id domain pricing: $2-$2,000 for human identities based on character length; $0.01-$0.10 for AI agent domains +- NexID campaign pricing: $15K (1 week) to $100K+ (1 month+) +- NexID uses Synthesia AI video technology (Synthesia valued at $4B) +- NexID MVP live with interactive courses: 'The Futardio Founder Playbook' and 'Web3 Product Design' +- NexID referral rewards: 25% for domain holders referring new users