diff --git a/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md b/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md
index fc4a90a2..eaaa09d7 100644
--- a/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md
+++ b/domains/internet-finance/metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md
@@ -50,10 +50,16 @@ Solomon raised $102.9M committed against $2M target (51x oversubscription), clos
 
 
 ### Additional Evidence (challenge)
-*Source: [[2026-02-03-futardio-launch-hurupay]] | Added: 2026-03-16*
+*Source: 2026-02-03-futardio-launch-hurupay | Added: 2026-03-16*
 
 Hurupay raised $2,003,593 against a $3,000,000 target (67% of goal) and entered 'Refunding' status, demonstrating that futarchy-governed fundraises can fail to meet targets. This contrasts with the 15x oversubscription pattern and suggests market mechanisms can reject projects even with demonstrated traction ($36M+ processed volume, $500K+ revenue, 30K+ users).
 
+
+### Additional Evidence (challenge)
+*Source: [[2026-03-03-futardio-launch-cloak]] | Added: 2026-03-16*
+
+Cloak raised only $1,455 against a $300,000 target (0.5% of target), entering refunding status. This represents a near-total failure of market validation, contrasting sharply with the 15x oversubscription pattern. The project had shipped product (live mainnet beta with Oro integration), had credible team (repeat builders, Superteam contributors), and addressed a real problem (MEV extraction on DCA orders). Despite these fundamentals, the futarchy-governed raise failed to attract capital, suggesting that product-market fit and team credibility are insufficient without pre-existing community or distribution.
+
 ---
 
 Relevant Notes:
diff --git a/inbox/archive/2026-03-03-futardio-launch-cloak.md b/inbox/archive/2026-03-03-futardio-launch-cloak.md
index 9615b383..f3e93122 100644
--- a/inbox/archive/2026-03-03-futardio-launch-cloak.md
+++ b/inbox/archive/2026-03-03-futardio-launch-cloak.md
@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/9MqyiXXJUAXQ1Uy5j2EV8hq21UeR3ruukWkZ1XGNhg3R"
 date: 2026-03-03
 domain: internet-finance
 format: data
-status: unprocessed
+status: enrichment
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-16
+enrichments_applied: ["metadao-ico-platform-demonstrates-15x-oversubscription-validating-futarchy-governed-capital-formation.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Launch Details
@@ -217,3 +221,15 @@ Worst case: the first and only private DCA product on Solana, used by whales who
 - Token mint: `8RSpKqJFeF6ipThWDXP284mE2ufmfeHwjdEjduQ2meta`
 - Version: v0.7
 - Closed: 2026-03-04
+
+
+## Key Facts
+- Cloak raised $1,455 against $300,000 target on Futardio (0.5% of target)
+- Cloak is live on Solana mainnet in private beta
+- Cloak integrated Oro (tokenized gold) as first RWA DCA option
+- Cloak supports private DCA into SOL, cbBTC, and ZEC
+- Cloak team: Vaibhav and Prasad, both repeat founders and Superteam contributors
+- Cloak uses Privacy.cash ZK-proof privacy pools on Solana
+- MEV extraction on Solana estimated at $370M-$500M over 16 months (mid-2025)
+- Cloak's proposed team allocation: 3M tokens locked with performance unlocks at 2x, 4x, 8x, 16x, 32x ICO price, 18-month cliff
+- Cloak's proposed monthly burn: $11,500 ($10K team + $1,500 infrastructure)