rio: extract from 2026-03-03-futardio-launch-salmon-wallet.md

- Source: inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
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Teleo Agents 2026-03-11 18:06:05 +00:00
parent 53aeb849da
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@ -45,6 +45,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
- **2026-03** — Ranger Finance liquidation proposal — first futarchy-governed enforcement action - **2026-03** — Ranger Finance liquidation proposal — first futarchy-governed enforcement action
- **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 - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
- **2026-03-03** — [[salmon-wallet]] launched futarchy-governed fundraise seeking $375,000, raised $97,535 before refunding (first observed wallet infrastructure project on platform)
## Competitive Position ## Competitive Position
- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **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." - **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."

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---
type: entity
entity_type: company
name: Salmon Wallet
domain: internet-finance
status: active
founded: 2022
website: https://salmonwallet.io/
github: https://github.com/salmon-wallet
twitter: https://x.com/salmonwallet
key_metrics:
prior_funding: "$122,500 (2022-2024)"
bootstrap_2022: "$80,000"
grants_total: "$42,500"
futardio_raise_target: "$375,000"
futardio_raised: "$97,535"
monthly_burn_planned: "$25,000"
team_allocation: "73%"
infrastructure_allocation: "17%"
growth_allocation: "8%"
governance_legal_allocation: "2%"
tracked_by: rio
created: 2026-03-11
---
# Salmon Wallet
Open-source self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support, launched 2022. Listed on Solana wallet adapter since 2022. Operates own Solana validator for transparent revenue. Attempted futarchy-governed fundraise on futard.io in March 2026, raising $97,535 of $375,000 target before refunding.
## Timeline
- **2022** — Salmon Wallet launched as open-source self-custodial wallet on Solana
- **2022** — Listed on Solana wallet adapter
- **2022** — Raised $80,000 in bootstrap funding
- **2022-2024** — Received $42,500 in grants (Serum: $2,500, Eclipse: $40,000)
- **2026-03-03** — Launched futarchy-governed fundraise on futard.io seeking $375,000 for 12-month runway with SAL governance token
- **2026-03-04** — Fundraise closed in refunding status after raising $97,535 (26% of target)
## Relationship to KB
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — failed raise provides empirical evidence
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — first observed wallet infrastructure project on platform
- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — minimal governance budget allocation (2%) may have contributed to raise failure

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@ -6,7 +6,7 @@ url: "https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
date: 2026-03-03 date: 2026-03-03
domain: internet-finance domain: internet-finance
format: data format: data
status: unprocessed status: processed
tags: [futardio, metadao, futarchy, solana] tags: [futardio, metadao, futarchy, solana]
event_type: launch event_type: launch
processed_by: rio processed_by: rio
@ -14,6 +14,10 @@ processed_date: 2026-03-11
enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"] enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
extraction_model: "anthropic/claude-sonnet-4.5" extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. Enriches existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges." extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. Enriches existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges."
processed_by: rio
processed_date: 2026-03-11
enrichments_applied: ["futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
--- ---
## Launch Details ## Launch Details