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 4)

Pentagon-Agent: Rio <HEADLESS>

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: $288k target, reached $114,933 (40%) before refunding — first futarchy-governed casino attempt
 ## 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."

entities/internet-finance/send-arcade-futardio-fundraise.md

@@ -0,0 +1,55 @@
+---
+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: "$288k fundraise for 11-month runway to build futarchy-governed on-chain casino"
+key_metrics:
+  raise_target: "$288,000"
+  total_committed: "$114,933"
+  oversubscription_ratio: 0.40
+  outcome: "refunding"
+  token: "$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's futarchy-governed ICO platform to fund 11 months of operations as an independent on-chain casino. The raise achieved 40% of target ($114,933 committed) before entering refunding status, marking a failed launch despite the project's existing traction (9M+ plays, $200k+ ARR).
+
+## Market Data
+
+- **Outcome:** Failed (Refunding)
+- **Raise Target:** $288,000
+- **Total Committed:** $114,933 (39.9% of target)
+- **Launch Date:** 2026-03-04
+- **Closed:** 2026-03-05
+- **Token:** $ARCADE (AaE)
+- **Performance Package:** 10%
+- **Monthly Budget:** $20,000 (11-month runway)
+
+## Significance
+
+This represents a test case for futarchy-governed casino operations and demonstrates the challenge of raising capital for existing projects transitioning to new governance models. Despite real operational metrics (9M+ plays, $200k+ ARR), the raise failed to attract sufficient capital, suggesting either market skepticism about the futarchy casino model or insufficient liquidity/awareness on the Futardio platform.
+
+The pitch emphasized zero-backend architecture, fully on-chain verifiable outcomes, and agent-friendly PvP revenue model, positioning the casino as infrastructure for AI agents to autonomously generate returns.
+
+## Relationship to KB
+
+- [[send-arcade]] — parent entity, independent casino after Send token sunset
+- [[futardio]] — launch platform
+- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — tests whether futarchy works for operational businesses vs pure speculation
+- [[MetaDAO]] — underlying futarchy infrastructure

entities/internet-finance/send-arcade.md

@@ -0,0 +1,37 @@
+---
+type: entity
+entity_type: company
+name: "Send Arcade"
+domain: internet-finance
+status: active
+founded: 2024
+website: "https://www.sendarcade.fun/"
+social:
+  twitter: "https://x.com/sendarcadefun"
+  discord: "https://discord.gg/sXzs457S"
+  github: "https://github.com/SendArcade"
+key_metrics:
+  total_plays: "9M+ on-chain plays"
+  arr: "$200k+"
+  games_built: "10+"
+  farcaster_plays: "20k+ plays across 3k+ unique users"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Send Arcade
+
+Real-money casual gaming arcade built on Solana, operating as a fully on-chain casino with verifiable outcomes and instant settlement. Originally launched under the Send Ecosystem ($SEND) 1.5 years ago, became independent after Send token sunset in early 2026. Positions itself as the first casino operated by futarchy governance.
+
+## Timeline
+
+- **2024-06** — Founded as gaming arm of Send Ecosystem, began building on-chain casino games
+- **2024-12** — Achieved 9M+ on-chain plays and $200k+ ARR across 10+ games
+- **2026-01** — Send token sunset, Send Arcade becomes independent entity
+- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched: $288k raise target, reached $114,933 before refunding
+
+## Relationship to KB
+
+- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — attempting futarchy governance for casino operations
+- [[MetaDAO]] — using MetaDAO's futarchy infrastructure via Futardio platform
+- [[domains/internet-finance/_map]] — real-money gaming on blockchain

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 launch data for Send Arcade's failed Futardio fundraise. No novel claims extracted — the futarchy-governed casino concept is already covered in existing claims. Created entity pages for Send Arcade (company) and the fundraise decision market. The 40% subscription rate and refunding status is significant data but not a generalizable claim about futarchy mechanisms."
 ---
 
 ## Launch Details
@@ -198,3 +202,11 @@ Secondary Market : Solana Degens
 - Token mint: `AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa`
 - Version: v0.7
 - Closed: 2026-03-05
+
+
+## Key Facts
+- Send Arcade: 9M+ on-chain plays, $200k+ ARR, 10+ games built (as of 2026-01)
+- Send Arcade Futardio raise: $288k target, $114,933 committed (39.9%), status: refunding (2026-03-04 to 2026-03-05)
+- Send Arcade token: $ARCADE (AaE), mint: AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa
+- Send Arcade target market: Adults 18-45, centered 25-34, US/UK primary, Solana degens secondary
+- Send Arcade achievements: 2x Blinkathon winner, Solana AI Hackathon, Realtime Hackathon winner, 5th Breakout Gaming, Radar Gaming winner, Helius Startup Cohort 1