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 5)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/fitbyte.md

@@ -0,0 +1,36 @@
+---
+type: entity
+entity_type: company
+name: "FitByte"
+domain: internet-finance
+status: failed
+founded: 2026
+platform: "Solana"
+parent_entity: "[[futardio]]"
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  raise_target: "$500,000"
+  total_committed: "$23"
+  launch_date: "2026-02-26"
+  close_date: "2026-02-27"
+  outcome: "refunding"
+---
+
+# FitByte
+
+FitByte was a health and fitness protocol on Solana that attempted to combine workout-to-earn mechanics with health data sovereignty and monetization. The project raised through MetaDAO's Futardio platform with a $500,000 target but closed after one day with only $23 committed, entering refunding status.
+
+The project's thesis centered on four pillars: workout-to-earn token rewards tied to verified physical activity, user-owned health data with full sovereignty, paid data sharing for research and clinical trials, and broader health ecosystem integration. The team positioned the raise through futarchy governance as aligned with their data sovereignty principles.
+
+## Timeline
+
+- **2026-02-26** — Launched fundraise on Futardio targeting $500,000 for health data sovereignty protocol
+- **2026-02-27** — Fundraise closed with $23 committed (0.0046% of target), entered refunding status
+
+## Relationship to KB
+
+- [[futardio]] — launch platform
+- [[MetaDAO]] — governance infrastructure provider
+
+FitByte represents a failed launch on the futarchy platform, demonstrating that governance mechanism quality does not guarantee project viability or market demand.

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** — [[fitbyte]] launched $500K health data sovereignty raise, closed next day with $23 committed (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."

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: "FitByte launch is a failed fundraise with trivial commitment ($23 vs $500K target). No novel claims about futarchy mechanisms or health data markets — the pitch contains standard rhetoric about data sovereignty and workout-to-earn that is not backed by evidence beyond the company's own assertions. The failure itself is a data point (extreme undersubscription) but does not support any arguable claim about why it failed or what this means for futarchy launches generally. Entity extraction only — no claims warranted."
 ---
 
 ## 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 targeted $500,000 raise on Futardio (2026-02-26)
+- FitByte closed with $23 committed after one day (2026-02-27)
+- FitByte token: 6GF, mint: 6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta
+- FitByte launch address: 8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2
+- Global health data market valued in hundreds of billions (per FitByte pitch)