rio: 13 fundraise records + 3 entity files (Jito, Kyros, Marinade)
Fundraise records (13 new — borderline threshold >$900 committed): - mycorealms ($158K+$82K), send-arcade ($115K), open-music ($27.5K) - areal ($11.7K+$1.4K), valgrid ($8.5K), sizematters ($5K) - launchpet ($2.1K), seekervault-2 ($2.1K), tridash ($1.7K) - cloak ($1.5K), nfaspace ($1.4K), lobsterfutarchy ($1.2K) - futarchy-arena ($934) All failed to meet funding targets. All include full proposal text. Entity files (3 new): - jito.md: MEV infrastructure + liquid staking + restaking on Solana. JTO token, $2.1B TVL, 94% validator share. First futarchy use: JIP-10 TipRouter decision (Jan 2025). Founded by Lucas Bruder & Zanyar Sherwani. - kyros.md: Liquid restaking on Jito infrastructure. kySOL/kyJTO products, $36M TVL. Mint authority delegated to MetaDAO futarchy. Burned 4.42M unclaimed airdrop tokens via futarchy (Jan 2026). - marinade.md: Oldest Solana liquid staking protocol (2021). mSOL, SAM validator marketplace, $740M TVL. First futarchy use: MIP.5 SAM bid routing (Feb 2025). Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
This commit is contained in:
parent
8452aeff9e
commit
8122c1e7d8
16 changed files with 2752 additions and 0 deletions
351
decisions/internet-finance/areal-futardio-fundraise.md
Normal file
351
decisions/internet-finance/areal-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,351 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "Areal: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[areal]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "Areal Finance team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/H6xSaDsnq9yUKpoLi3svozYGkRKbfKm4peX98CzDtmqp"
|
||||||
|
proposal_date: 2026-03-05
|
||||||
|
resolution_date: 2026-03-08
|
||||||
|
category: "launch"
|
||||||
|
summary: "Areal attempted two ICO launches raising $1.4K then $11.7K against $50K targets for an RWA DeFi hub — both failed and refunded"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# Areal: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
Areal, a DeFi hub for real-world assets with yield-bearing tokens and futarchy governance, attempted two Futardio ICO launches. The first attempt (March 5, branded as "Areal Finance") attracted only $1,350 against a $50K target (2.7% fill rate). The second attempt (March 7, rebranded as "Areal") improved to $11,654 against the same $50K target (23.3% fill rate). Both launches failed and refunded. Despite having a completed pilot (vehicle tokenization in Dubai with ~26% APY), the project could not attract sufficient capital.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
|
||||||
|
### Launch 1 (Areal Finance)
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $1,350
|
||||||
|
- **Funding Target:** $50,000
|
||||||
|
- **Fill Rate:** 2.7%
|
||||||
|
- **Duration:** 2026-03-05 to 2026-03-06
|
||||||
|
|
||||||
|
### Launch 2 (Areal)
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $11,654
|
||||||
|
- **Funding Target:** $50,000
|
||||||
|
- **Fill Rate:** 23.3%
|
||||||
|
- **Duration:** 2026-03-07 to 2026-03-08
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
Areal's two failed launches are notable for several reasons. First, the project had one of the lowest targets in the v0.7 cohort ($50K) yet still failed twice. Second, there was a completed pilot with real yield (~26% APY from vehicle tokenization in Dubai), suggesting that even demonstrated traction does not guarantee Futardio fundraise success. Third, the 8.6x improvement between launches ($1.4K to $11.7K) after a rebrand and expanded proposal text suggests presentation quality matters — though not enough to clear the threshold. The RWA sector's promise of bridging real-world assets to DeFi did not resonate with Futardio's participant base at this scale.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
|
||||||
|
- [[areal]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
### Launch 1
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-05*
|
||||||
|
|
||||||
|
# AREAL Finance
|
||||||
|
|
||||||
|
### The RWA DeFi Hub — Real Yield, Real Ownership, Real Governance
|
||||||
|
|
||||||
|
> One protocol to unify real-world asset liquidity, distribute real yield, and govern capital through prediction markets — not politics.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Round: Pre-Seed
|
||||||
|
|
||||||
|
**Stage:** Proven concept with a completed pilot — tokenization of a vehicle in Dubai.
|
||||||
|
Now focused on shipping the product, executing the second RWA pilot, and integrating the legal structure for token issuance.
|
||||||
|
|
||||||
|
**Hard Cap:** $50,000
|
||||||
|
**Runway:** 6–8 months at current burn rate — sufficient to deliver MVP, tokenize the first assets, and begin the next fundraising round.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## The Problem
|
||||||
|
|
||||||
|
The RWA sector is broken in three fundamental ways:
|
||||||
|
|
||||||
|
**Fragmented Liquidity** — Every RWA protocol issues separate tokens per asset, creating dozens of isolated micro-liquidity pools. Capital is trapped. Price discovery fails. Yield stays siloed.
|
||||||
|
|
||||||
|
**Opaque Yield** — Revenue flows are managed off-chain with no visibility for token holders. There's no standardized system — just trust assumptions where verification should be.
|
||||||
|
|
||||||
|
**Broken Governance** — Decisions are driven by whoever is loudest, not whoever is most informed. Voter apathy, governance capture, and narrative-driven capital allocation erode long-term value.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## The Solution
|
||||||
|
|
||||||
|
AREAL is a **full-stack on-chain protocol** that solves all three — through one unified system:
|
||||||
|
|
||||||
|
| Pillar | What It Does |
|
||||||
|
|---|---|
|
||||||
|
| **RWT (Real World Token)** | Aggregates yield from all RWA projects into a single, appreciating token — eliminating liquidity fragmentation |
|
||||||
|
| **Native DEX** | Purpose-built exchange that passes embedded yield to LPs — not just swap fees |
|
||||||
|
| **Futarchy Governance** | Replaces voting with prediction markets — decisions are evaluated by expected economic outcomes, not popularity |
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Target Market
|
||||||
|
|
||||||
|
**Primary Users:**
|
||||||
|
- **Crypto-native investors** seeking stable, real yield without active trading
|
||||||
|
- **Freelancers & digital nomads** looking for compounding income from real economic activity
|
||||||
|
- **AI agents** — AREAL's architecture is designed from day one for autonomous portfolio management
|
||||||
|
|
||||||
|
**Competitive Edge:**
|
||||||
|
- **Only protocol** that unifies RWA liquidity into a single appreciating token
|
||||||
|
- **Only protocol** using futarchy for RWA governance — decisions backed by economic stakes, not votes
|
||||||
|
- **No staking required** — hold tokens, earn yield every second, claim anytime
|
||||||
|
- **Yield pass-through DEX** — LPs earn swap fees + embedded token yield + protocol incentives
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Use of Funds — $50,000
|
||||||
|
|
||||||
|
### Allocation Breakdown
|
||||||
|
|
||||||
|
| Category | Allocation | Amount | Purpose |
|
||||||
|
|---|---|---|---|
|
||||||
|
| **Balance Treasuries** | 80% | $40,000 | DAO treasury reserves backing RWT value and protocol operations |
|
||||||
|
| **Protocol Liquidity** | 20% | $10,000 | Initial DEX liquidity for ARL |
|
||||||
|
|
||||||
|
### Spending & Governance
|
||||||
|
|
||||||
|
Current spending is focused exclusively on **smart contract development and deployment**. The team operates in bootstrapping mode — no overhead, no office, no excess.
|
||||||
|
|
||||||
|
Detailed spending limits and budget allocation will be formalized through a **DAO governance proposal** once the futarchy framework is live. Until then, all capital is directed at three priorities: ship the product, execute the second RWA pilot, integrate the legal layer.
|
||||||
|
|
||||||
|
This capitalization is sufficient to reach the next milestone. After delivering the full product with DEX, RWT-Wallet, and tokenizing the first assets, the project will be positioned to raise a **seed round** for further growth.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Current Traction
|
||||||
|
|
||||||
|
- **Completed pilot:** Vehicle tokenization in Dubai — full cycle from asset registration to token issuance
|
||||||
|
- **Protocol design:** Architecture, tokenomics, and governance model fully documented
|
||||||
|
- **Pre-seed:** Raising $50,000 to launch the full product and tokenize first assets
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Roadmap
|
||||||
|
|
||||||
|
### Now → Q2 2026 — Full Product Launch
|
||||||
|
- ARL token launch
|
||||||
|
- Full product: RWT Engine, Platform
|
||||||
|
- Legal structure for DAO Ownership Companies
|
||||||
|
- Yield distribution system
|
||||||
|
|
||||||
|
### Q3–Q4 2026 — Growth & Legalization
|
||||||
|
- Additional RWA projects onboarded
|
||||||
|
- Full legal framework for multi-jurisdiction token issuance
|
||||||
|
- Native DEX with concentrated liquidity pools
|
||||||
|
- Futarchy governance framework
|
||||||
|
- Treasury active management
|
||||||
|
|
||||||
|
### 2027 — Scale
|
||||||
|
- RWA Launchpad — turnkey infrastructure for new projects
|
||||||
|
- AI agent integration for vault & LP operations
|
||||||
|
- Cross-chain expansion
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
| | |
|
||||||
|
|---|---|
|
||||||
|
| **Website** | areal.finance |
|
||||||
|
| **Documentation** | docs.areal.finance |
|
||||||
|
| **X (Twitter)** | @arealprotocol |
|
||||||
|
| **GitHub** | github.com/arealfinance |
|
||||||
|
|
||||||
|
### Launch 2
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-07*
|
||||||
|
|
||||||
|
# Areal DAO
|
||||||
|
|
||||||
|
### The RWA DeFi Hub — Real Yield, Real Ownership, Real Governance
|
||||||
|
|
||||||
|
> One protocol to unify real-world asset liquidity, distribute real yield, and govern capital through prediction markets — not politics.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Project Description
|
||||||
|
|
||||||
|
Areal is a full-stack on-chain protocol that solves the core problems of the RWA sector: fragmented liquidity, opaque governance, and lack of infrastructure for small and medium businesses.
|
||||||
|
|
||||||
|
We provide a purpose-built platform for RWA token creation, liquidity provisioning, and community-governed yield distribution — replacing opaque committee decisions with futarchy governance, where outcomes are evaluated by economic stakes, not opinions.
|
||||||
|
|
||||||
|
**Stage:** Proven concept with a completed pilot — vehicle tokenization in Dubai. Now focused on shipping the product, executing the second RWA pilot, and integrating the legal structure for token issuance.
|
||||||
|
|
||||||
|
**Round:** Seed | **Hard Cap:** $50,000 | **Valuation:** $129,000
|
||||||
|
|
||||||
|
The team is fully bootstrapped — self-funding all development and operations. Our primary goal is to join MetaDAO, launch futarchy-based governance and voting, and reach sustainability as fast as possible.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## The Problem
|
||||||
|
|
||||||
|
The RWA market in Web3 is growing fast, but three fundamental issues hold it back:
|
||||||
|
|
||||||
|
**Fragmented Liquidity** — Most RWA protocols issue a separate token per asset, creating dozens of isolated micro-pools. Liquidity is scattered, price discovery is unreliable, capital is trapped, and yield stays siloed. Instead of one deep market, the sector is a patchwork of thin, disconnected pools that can't scale.
|
||||||
|
|
||||||
|
**Opaque Governance** — Key decisions about asset selection, risk, and fund allocation happen offchain with no visibility for token holders. Misaligned incentives, no standardized frameworks, and trust-dependent models recreate the opacity of traditional finance — with none of the benefits of decentralization.
|
||||||
|
|
||||||
|
**Small & Medium Business Left Behind** — Today's RWA tokenization revolves almost entirely around tokenizing equities and large financial instruments. Meanwhile, small and medium businesses — the backbone of the real economy — remain completely underserved. Blockchain's promise of financial democratization enables far more interesting use cases than just putting stocks onchain, yet no infrastructure exists to help SMBs tokenize real assets and access global liquidity.
|
||||||
|
|
||||||
|
> As long as liquidity is fragmented, governance is opaque, and SMBs have no onramp — RWA cannot become a mainstream DeFi primitive.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Business Model & Revenue
|
||||||
|
|
||||||
|
The core objective is a **positive treasury balance** — continuous inflow into the Areal treasury, with the community deciding via governance whether to distribute yield or accumulate and grow the DAO.
|
||||||
|
|
||||||
|
All intellectual property, cash flow logic, and protocol revenue are transferred to the DAO. At this stage, we have built in three primary revenue streams:
|
||||||
|
|
||||||
|
### 1. RWT Engine — Index Token Yield
|
||||||
|
|
||||||
|
RWT (Real World Token) is an index token that aggregates yield across all project tokens within the Areal ecosystem. The DAO earns from two mechanisms:
|
||||||
|
|
||||||
|
- **1% emission fee** — on every RWT mint, 1% goes directly to the DAO treasury
|
||||||
|
- **5% yield cut** — the DAO receives 5% of all yield generated by assets included in the RWT Engine
|
||||||
|
|
||||||
|
### 2. Platform Fees — DEX & Token Issuance
|
||||||
|
|
||||||
|
- **0.25% swap fee** on every trade executed on the native DEX
|
||||||
|
- **~1% emission fee** on RWA project token issuance — monetization is embedded directly into the tokenization process
|
||||||
|
|
||||||
|
### 3. Liquidity Provisioning
|
||||||
|
|
||||||
|
The DAO treasury actively provides liquidity on the platform, earning LP fees and yield from deployed assets. This turns the treasury from a passive reserve into a productive, revenue-generating engine.
|
||||||
|
|
||||||
|
### 4. Reward Distribution Fee
|
||||||
|
|
||||||
|
The DAO charges **0.25%** on every yield distribution event from RWA projects to their token holders. This fee is collected automatically in favor of the Areal treasury each time rewards are distributed.
|
||||||
|
|
||||||
|
> All key protocol parameters — including fee rates, yield cuts, and distribution rules — can be modified through community proposals via the futarchy governance mechanism upon successful project launch.
|
||||||
|
|
||||||
|
> All revenue streams flow into the DAO treasury, driving it toward break-even and sustained growth. The community governs how treasury surplus is allocated — reinvestment, distribution, or accumulation.
|
||||||
|
|
||||||
|
**Sustainability Point:** At a treasury capitalization of ~$500,000, the team reaches the break-even point — revenue generated solely from RWA asset yield fully covers operational expenses. This estimate does **not** account for additional revenue from swap fees, reward distribution fees, and RWT minting commissions, which further accelerate the path to sustainability.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Market & Differentiation
|
||||||
|
|
||||||
|
### B2C — Target Users
|
||||||
|
|
||||||
|
- **Freelancers & digital nomads** earning income in crypto who want a passive, compounding yield source backed by real economic activity — not speculation
|
||||||
|
- **Crypto-natives & degens** looking for liquidity placement opportunities and additional yield through LP positions on our native DEX
|
||||||
|
- **AI agents** — Areal's architecture is designed from day one as infrastructure for the agentic economy, enabling autonomous portfolio management and yield optimization
|
||||||
|
|
||||||
|
### B2B — Target Clients
|
||||||
|
|
||||||
|
- **Medium-size projects** with an existing user base seeking a platform to tokenize and list their RWA assets — Areal provides turnkey infrastructure to tokenize, distribute yield, maintain liquidity, and manage governance without building a protocol from scratch
|
||||||
|
|
||||||
|
### Go-to-Market: Solving the Chicken-and-Egg Problem
|
||||||
|
|
||||||
|
At launch, Areal operates as a **platform for RWA token creation and liquidity provisioning**. Instead of building our own user base from scratch, we onboard medium-sized projects that already have communities and customers. These projects use Areal as their tokenization and listing venue — bringing their users onto the platform organically. Each new project adds both supply (new RWA tokens) and demand (their existing audience), solving the cold-start problem from day one.
|
||||||
|
|
||||||
|
This approach drastically reduces customer acquisition costs — partner projects handle their own marketing and redirect their paying audience to Areal for deal execution. We don't compete for users in open market; instead, we acquire them through B2B partnerships at near-zero marginal cost.
|
||||||
|
|
||||||
|
### Competitive Edge
|
||||||
|
|
||||||
|
- **Only protocol** that unifies RWA liquidity into a single deep market
|
||||||
|
- **Only protocol** using futarchy for RWA governance — decisions backed by economic stakes, not votes
|
||||||
|
- **No staking required** — hold tokens, earn yield every second, claim anytime
|
||||||
|
- **Treasury-first model** — all protocol revenue grows the treasury, not team pockets
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Use of Funds
|
||||||
|
|
||||||
|
**Hard Cap:** $50,000
|
||||||
|
|
||||||
|
| Category | Allocation | Amount | Purpose |
|
||||||
|
|---|---|---|---|
|
||||||
|
| **DAO Treasury** | 80% | $40,000 | Treasury reserves backing protocol value, operations, and participation in RWA projects — accumulating RWA tokens for continuous yield generation |
|
||||||
|
| **Protocol Liquidity** | 20% | $10,000 | Initial DEX liquidity for ARL and project token pairs |
|
||||||
|
|
||||||
|
Current spending is focused on **smart contract development and deployment**. The team operates in bootstrapping mode — no overhead, no office, no excess.
|
||||||
|
|
||||||
|
Detailed budget allocation will be formalized through a **DAO governance proposal** once the futarchy framework is live. This capitalization is sufficient to reach the next milestone.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Roadmap & Milestones
|
||||||
|
|
||||||
|
### Now — Q2 2026: Product Launch
|
||||||
|
- ARL token launch
|
||||||
|
- RWA Engine — smart contract deployment on mainnet and adaptation for Areal DAO implementation via futarchy
|
||||||
|
- Treasury launch and legalization
|
||||||
|
- First RWA asset tokenization on Areal legal structure
|
||||||
|
|
||||||
|
### Q3–Q4 2026: Growth & Legal Framework
|
||||||
|
- Additional RWA projects onboarded
|
||||||
|
- Full legal framework for multi-jurisdiction token issuance
|
||||||
|
- Native DEX with concentrated liquidity pools
|
||||||
|
- Futarchy governance framework live
|
||||||
|
- Treasury active management
|
||||||
|
|
||||||
|
### 2027: Scale
|
||||||
|
- RWA Launchpad — turnkey infrastructure for new projects
|
||||||
|
- AI agent integration for vault & LP operations
|
||||||
|
- Cross-chain expansion
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Current Traction
|
||||||
|
|
||||||
|
**Pilot Asset — Vehicle Tokenization in Dubai (September 2025)**
|
||||||
|
|
||||||
|
- Raised **$25,000** from **120 participants** who opted in to co-invest in a pilot RWA asset
|
||||||
|
- Purchased a **2023 Mini Cooper** for **$23,500** + **$1,500** insurance, with an estimated depreciation of ~6% per year
|
||||||
|
- Signed an **investment contract with a mandatory buyback** by the asset provider after 3 years
|
||||||
|
- Leased the vehicle to a **carsharing partner**: 60% of net revenue goes to the reward fund for distribution to participants, 40% retained by the carsharing operator for operational expenses
|
||||||
|
- Average APY on the asset since launch: **~26%**
|
||||||
|
|
||||||
|
> Past performance does not guarantee future results. Geopolitical risks, business seasonality, and market conditions may impact future yield.
|
||||||
|
|
||||||
|
**Next Project — Capsule Retreat Center on Koh Phangan, Thailand**
|
||||||
|
|
||||||
|
- **Asset:** Capsule hotel retreat center with up to **100 capsule units**
|
||||||
|
- **Cost per capsule:** ~$50,000 (including build-out, setup, and land lease)
|
||||||
|
- **Land lease:** $150/month per unit
|
||||||
|
- **Expected annual revenue per capsule:** ~$10,575
|
||||||
|
- **Projected ROI:** ~21.15% per year
|
||||||
|
|
||||||
|
The developer behind this project has approached Areal with the intent to **launch on our platform within the next 3 months**. First buildings are already constructed, and foundations for the next phase are being prepared. The developer is ready to actively raise investment through Areal — making this a strong early B2B case for the platform.
|
||||||
|
|
||||||
|
> This project is currently in preparation and has not yet launched. Projected figures are based on the business model and local market analysis — actual results may vary.
|
||||||
|
|
||||||
|
**Protocol Development**
|
||||||
|
|
||||||
|
- Protocol architecture, tokenomics, and governance model fully documented
|
||||||
|
- Documentation site live at docs.areal.finance
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
| | |
|
||||||
|
|---|---|
|
||||||
|
| **Website** | areal.finance |
|
||||||
|
| **Docs** | docs.areal.finance |
|
||||||
|
| **X** | @areal_finance |
|
||||||
|
| **GitHub** | github.com/arealfinance |
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
*Areal DAO — Real Yield. Real Ownership. Real Governance.*
|
||||||
232
decisions/internet-finance/cloak-futardio-fundraise.md
Normal file
232
decisions/internet-finance/cloak-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,232 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "Cloak: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[cloak]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "Vaibhav and Prasad"
|
||||||
|
proposal_url: "https://www.futard.io/launch/9MqyiXXJUAXQ1Uy5j2EV8hq21UeR3ruukWkZ1XGNhg3R"
|
||||||
|
proposal_date: 2026-03-03
|
||||||
|
resolution_date: 2026-03-04
|
||||||
|
category: "launch"
|
||||||
|
summary: "Cloak raised $1,455 of $300,000 target (0.5% fill rate) for private DCA infrastructure on Solana"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# Cloak: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
Cloak attempted to raise $300,000 on Futardio to build private DCA infrastructure on Solana using ZK-proof privacy pools, enabling traders to accumulate assets without exposing their strategy on-chain. The raise attracted only $1,455 in commitments (0.5% of target), failing dramatically and triggering refunds. The $300K target was the second-highest in this batch of failed launches.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $1,455
|
||||||
|
- **Funding Target:** $300,000
|
||||||
|
- **Fill Rate:** 0.5%
|
||||||
|
- **Duration:** 2026-03-03 to 2026-03-04
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
Cloak had one of the more substantive proposals in this batch: a working private beta on mainnet, clear revenue model targeting whale DCA privacy needs, and experienced founders from CoinDCX/Instadapp. The near-total failure to raise despite a working product and strong pitch suggests that Futardio's investor base is extremely thin and unable to fund even well-constructed proposals. The $300K target may also have been too ambitious for the platform's current liquidity.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[cloak]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-03*
|
||||||
|
|
||||||
|
# Cloak: Unified Private Layer on Solana
|
||||||
|
|
||||||
|
Every DCA order on Solana is a public broadcast. Cloak routes your trades through a ZK-proof privacy pool so nobody — not Arkham, not front-running bots, not copy traders — can link your wallet to your strategy.
|
||||||
|
|
||||||
|
Cloak is building private DCA infrastructure on Solana — enabling retail and institutional traders to accumulate assets without exposing their strategy on-chain.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## What We're Building
|
||||||
|
|
||||||
|
DCA on Solana is fully transparent by default. Your wallet address, buy amounts, frequency, and accumulated position are permanently visible to anyone with a block explorer. For retail users this is annoying. For whales and funds running $100K–$5M/month accumulation strategies, it's a 2–8% hidden tax per trade — from MEV extraction, copy trading, and surveillance tools like Arkham Intelligence and Nansen.
|
||||||
|
|
||||||
|
Cloak fixes this. Funds enter a ZK-proof privacy pool, trades execute from unlinkable session wallets via Jupiter, and the on-chain link between your wallet and your strategy is cryptographically broken. Sign once. The keeper runs your DCA automatically. Your main wallet never touches a DEX.
|
||||||
|
|
||||||
|
We're live in private beta. The protocol supports private DCA into SOL, cbBTC (Coinbase wrapped Bitcoin), and ZEC. Solana Blinks support is shipped — users can initiate private DCA orders from any Blinks-compatible interface. Invite-only access at [usecloak.xyz](https://usecloak.xyz).
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Use of Funds
|
||||||
|
|
||||||
|
**Raise target: $300,000**
|
||||||
|
**Monthly team allowance: $10,000 total ($5,000 per person)**
|
||||||
|
|
||||||
|
The raise covers 24 months of runway for a 2-person team, plus a front-loaded security audit and infrastructure costs.
|
||||||
|
|
||||||
|
| Category | Allocation | Amount | What It Covers |
|
||||||
|
|----------|-----------|--------|----------------|
|
||||||
|
| Team | 40% | $120,000 | Vaibhav + Prasad, $5K/month each (~12 months explicit; treasury reserve extends to 24 months) |
|
||||||
|
| Security Audit | 10% | $30,000 | Smart contract + ZK proof audit — front-loaded in months 2–3 |
|
||||||
|
| Infrastructure | 6% | $18,000 | RPC (Helius/Quicknode), hosting, Supabase, keeper bot — ~$1,500/month |
|
||||||
|
| Operations | 4% | $12,000 | Legal basics, domain, marketing, misc over 12 months |
|
||||||
|
| Treasury Reserve | 40% | $120,000 | Held in treasury for scaling, additional hires, or future audits post-revenue |
|
||||||
|
|
||||||
|
The team cannot access more than the $10,000 monthly allowance without a governance proposal. The security audit ($30K) and infrastructure ($18K) are budgeted separately and spent on schedule regardless of governance — these are non-discretionary.
|
||||||
|
|
||||||
|
Post-revenue, protocol fees cover operations and the treasury allowance redirects to scaling.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Why Private DCA
|
||||||
|
|
||||||
|
Every DEX trade on Solana is permanently public. Most users don't realize what that exposes:
|
||||||
|
|
||||||
|
- **MEV extraction** — $370M–$500M extracted from Solana users via sandwich attacks over 16 months (mid-2025). DCA orders are the easiest target because their schedule is predictable.
|
||||||
|
- **Copy trading** — anyone can replicate your exact accumulation strategy in real time. You do the research; they ride your conviction.
|
||||||
|
- **Surveillance** — Arkham Intelligence tracks 800M+ addresses. Lookonchain broadcasts every $100K+ move to millions of followers. Institutions running on-chain DCA are broadcasting to their competitors.
|
||||||
|
|
||||||
|
The information leakage cost to a whale running a $500K/month DCA is estimated at $10,000–$40,000 per month in adverse price impact alone. Cloak's fee at 0.25% on that volume is $1,250. The math is obvious.
|
||||||
|
|
||||||
|
No dedicated privacy DCA product exists on any chain. The category is entirely greenfield.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## What We've Done So Far
|
||||||
|
|
||||||
|
Built and shipped during the Solana Cypherpunk Hackathon. Now in private beta on mainnet.
|
||||||
|
|
||||||
|
- Integrated Privacy.cash ZK-proof privacy pools on Solana — deposits are cryptographic commitments, ownership is provably hidden
|
||||||
|
- Built a keeper execution pipeline — sign once, automated DCA execution on schedule via Jupiter
|
||||||
|
- Shipped session wallet architecture — ephemeral wallets per DCA strategy, unlinkable to depositor via Arkham or Nansen clustering
|
||||||
|
- Integrated Jupiter for best-price execution across all supported assets
|
||||||
|
- Launched Solana Blinks support — private DCA orders embeddable in any Blinks-compatible interface
|
||||||
|
- Encrypted off-chain DCA configuration — schedule and amounts invisible to on-chain observers
|
||||||
|
- Beta code gating system with waitlist and invite-only access
|
||||||
|
- Live on Solana mainnet with active private beta users
|
||||||
|
|
||||||
|
## Early Wins
|
||||||
|
|
||||||
|
**First RWA Integration — Oro (gold)**
|
||||||
|
|
||||||
|
Cloak is the first protocol to offer private DCA into real-world assets on Solana. We've integrated Oro, making Cloak the private distribution layer for tokenized gold on Solana. Every DCA trade auto-accumulates gold from leftover change.
|
||||||
|
|
||||||
|
This positions Cloak beyond crypto — anyone accumulating gold on-chain now has a private, automated way to do it.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Team
|
||||||
|
|
||||||
|
**Vaibhav** — Co-founder. Engineer at CoinDCX. Previously co-founded PermaSign. Superteam contributor. Early engineer at Instadapp and Push Chain. Built Cloak end-to-end: the ZK privacy pool integration, keeper execution engine, session wallet architecture, frontend, and API layer.
|
||||||
|
|
||||||
|
**Prasad** — Co-founder. Founding Engineer at Stealth. Previously co-founded PermaSign. Superteam contributor. Led the Blinks integration, institutional API routes, and backend infrastructure.
|
||||||
|
|
||||||
|
Two founders. Both repeat builders. One working product on mainnet. No overhead.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Raise Details
|
||||||
|
|
||||||
|
Raise Target: $300,000
|
||||||
|
Monthly Allowance: $10,000 ($5,000 per person)
|
||||||
|
Raise Window: 24 hours on Futardio (permissionless)
|
||||||
|
|
||||||
|
Total Token Supply — 15.9M $CLOAK max (12.9M circulating at launch):
|
||||||
|
|
||||||
|
| Allocation | Tokens | Share |
|
||||||
|
|-----------|--------|-------|
|
||||||
|
| ICO tokens | 10,000,000 | 62.9% |
|
||||||
|
| Liquidity provision | 2,900,000 | 18.2% |
|
||||||
|
| Team performance package | 3,000,000 | 18.9% |
|
||||||
|
|
||||||
|
ICO price: $0.03 per token — FDV at launch: ~$477,000.
|
||||||
|
|
||||||
|
Liquidity provision breakdown:
|
||||||
|
- 2,000,000 tokens on Futarchy AMM
|
||||||
|
- 900,000 tokens on Meteora pool
|
||||||
|
- 20% of funds raised ($60,000) paired with LP tokens
|
||||||
|
|
||||||
|
If the raise does not reach $300K within 24 hours — full refunds. If the target is reached — treasury, spending limits, and liquidity deploy automatically.
|
||||||
|
|
||||||
|
**Team allocation — performance only**
|
||||||
|
|
||||||
|
3,000,000 tokens are locked at launch. Five tranches unlock at 2x, 4x, 8x, 16x, and 32x the ICO price ($0.06, $0.12, $0.24, $0.48, $0.96), with a minimum 18-month cliff before any unlock (evaluated via 3-month TWAP, not spot price).
|
||||||
|
|
||||||
|
At launch, 0 team tokens are circulating. If the token never reaches 2x ($0.06), the team receives nothing beyond the monthly allowance.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Execution Plan
|
||||||
|
|
||||||
|
Monthly burn: ~$11,500 ($10K team + ~$1,500 infrastructure). 24+ months runway from the raise.
|
||||||
|
|
||||||
|
**Now (Live)**
|
||||||
|
- Private DCA into SOL, BTC, ZEC
|
||||||
|
- First RWA integration — Oro (tokenized gold). Cloak is already the private distribution layer for gold on Solana.
|
||||||
|
|
||||||
|
**Next (Q2–Q3 2026)**
|
||||||
|
- More RWA integrations beyond gold
|
||||||
|
- Expanded token support across Solana ecosystem
|
||||||
|
- Private transfers and swaps — not just DCA, but any private on-chain movement
|
||||||
|
|
||||||
|
**Vision (2026+)**
|
||||||
|
- Unified private DeFi layer across multiple chains
|
||||||
|
|
||||||
|
| Quarter | Milestones |
|
||||||
|
|---------|-----------|
|
||||||
|
| Q2 2026 (months 1–3) | Security audit complete. Public launch — remove invite gate. First whale onboarding (manual, white-glove). Additional RWA integrations beyond Oro. Target: first $1M–$5M in DCA volume processed. |
|
||||||
|
| Q3 2026 (months 4–6) | Expanded token support. Private transfers and swaps. Institutional API launch (programmatic DCA creation, webhooks, monitoring). First 5–10 whales at $50K+/month. Target: $5M–$20M monthly volume. |
|
||||||
|
| Q4 2026 (months 7–9) | Protocol fee revenue covers infrastructure costs. Confidential Balances integration. Target: $20M–$50M monthly volume — fee revenue self-sustains operations. |
|
||||||
|
| Q1 2027 (months 10–12) | Multi-chain expansion begins. Treasury allowance redirects to scaling. Target: $50M+ monthly volume, protocol approaching profitability. |
|
||||||
|
|
||||||
|
All figures are approximate and subject to change. Expenditures beyond the monthly allowance require governance approval.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Long-Term Vision
|
||||||
|
|
||||||
|
Cloak starts as a DCA product. It ends as the privacy layer for all Solana execution.
|
||||||
|
|
||||||
|
The architecture we've built — ZK pools, session wallets, keeper execution, encrypted off-chain config — is reusable for any recurring on-chain action that shouldn't be public. DCA is the first application. Private TWAP orders, private limit orders, and private DAO treasury diversification follow naturally.
|
||||||
|
|
||||||
|
Every user who deposits into Cloak increases the Privacy.cash anonymity set, making every other user's privacy objectively stronger. That's a network effect that compounds with scale. Competitors launching later face a cold-start problem. We don't.
|
||||||
|
|
||||||
|
Worst case: the first and only private DCA product on Solana, used by whales who can't afford to broadcast their strategies. Best case: the privacy execution standard for all of DeFi.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
- Website: [usecloak.xyz](https://usecloak.xyz)
|
||||||
|
- X: [@cloakdefi](https://x.com/cloakdefi)
|
||||||
|
- GitHub: [github.com/vaibhav0806/cloak-dca](https://github.com/vaibhav0806/cloak-dca)
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## IP & Legal
|
||||||
|
|
||||||
|
*Note: Cloak is not a financial product. Tokens represent governance participation in a DAO. No revenue sharing, yields, or returns are promised or implied.*
|
||||||
|
|
||||||
|
**GitHub:** github.com/vaibhav0806/cloak-dca — maintained by the team on behalf of the DAO entity post-raise.
|
||||||
|
|
||||||
|
**Domain:** usecloak.xyz — to be managed on behalf of the DAO entity.
|
||||||
|
|
||||||
|
**Brand assets:** Cloak wordmark, icon, and brand kit — to be managed on behalf of the DAO entity.
|
||||||
|
|
||||||
|
**Social accounts:** @cloakdefi on X — managed by the team on behalf of the DAO entity post-raise.
|
||||||
|
|
||||||
|
**Deployed contracts:** Privacy.cash pool integration on Solana mainnet. Any new program deployments or token mints post-raise will be owned by the DAO entity, managed by the team.
|
||||||
|
|
||||||
|
**Infrastructure:** Supabase database, Railway hosting, keeper bot — to be managed on behalf of the DAO entity. Any infrastructure created post-raise owned by the DAO entity.
|
||||||
|
|
||||||
|
**Licenses:** Code is open source (MIT). GitHub administered by the team on behalf of the DAO entity.
|
||||||
|
|
||||||
|
## Raw Data
|
||||||
|
|
||||||
|
- Launch address: `9MqyiXXJUAXQ1Uy5j2EV8hq21UeR3ruukWkZ1XGNhg3R`
|
||||||
|
- Token: 8RS (8RS)
|
||||||
|
- Token mint: `8RSpKqJFeF6ipThWDXP284mE2ufmfeHwjdEjduQ2meta`
|
||||||
|
- Version: v0.7
|
||||||
|
- Closed: 2026-03-04
|
||||||
158
decisions/internet-finance/futarchy-arena-futardio-fundraise.md
Normal file
158
decisions/internet-finance/futarchy-arena-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,158 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "Futarchy Arena: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[futarchy-arena]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "Futarchy Arena team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/8UjuYsm1m8uNNVSeA1NSwvV6ch9G2QC14yKvpXjrRgw"
|
||||||
|
proposal_date: 2026-03-04
|
||||||
|
resolution_date: 2026-03-05
|
||||||
|
category: "launch"
|
||||||
|
summary: "Futarchy Arena raised $934 of $50,000 target (1.9% fill rate) for the first competitive futarchy game"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# Futarchy Arena: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
Futarchy Arena attempted to raise $50,000 on Futardio to build a competitive on-chain futarchy game where players predict outcomes of strategic decisions via prediction markets and compete on leaderboards. The raise attracted only $934 in commitments (1.9% of target), the lowest absolute amount in this batch, and triggered refunds.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $934
|
||||||
|
- **Funding Target:** $50,000
|
||||||
|
- **Fill Rate:** 1.9%
|
||||||
|
- **Duration:** 2026-03-04 to 2026-03-05
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
Futarchy Arena is conceptually interesting as a gamification of futarchy governance itself -- turning prediction-market-based decision-making into a competitive game with leaderboards and seasons. The extremely modest $50K target and $1K/month spending cap suggested disciplined experimentation, yet even this minimal ask failed. This is the most directly futarchy-aligned project in this batch, and its failure to attract funding from a futarchy-native platform underscores the depth of Futardio's liquidity problem.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[futarchy-arena]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-04*
|
||||||
|
|
||||||
|
# Futarchy Arena
|
||||||
|
|
||||||
|
Futarchy Arena is a competitive onchain futarchy game.
|
||||||
|
|
||||||
|
Instead of voting, players predict.
|
||||||
|
|
||||||
|
Every round introduces a strategic decision.
|
||||||
|
Participants trade on prediction markets.
|
||||||
|
Markets determine the outcome.
|
||||||
|
|
||||||
|
This is futarchy turned into a game.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# The Game
|
||||||
|
|
||||||
|
Each round follows a simple loop:
|
||||||
|
|
||||||
|
1. A decision is proposed.
|
||||||
|
2. YES and NO markets open.
|
||||||
|
3. Players take positions.
|
||||||
|
4. The outcome is evaluated using predefined metrics.
|
||||||
|
5. Markets resolve.
|
||||||
|
6. Winners earn rewards and climb the leaderboard.
|
||||||
|
|
||||||
|
Decisions can include:
|
||||||
|
|
||||||
|
- Capital allocations
|
||||||
|
- Strategy shifts
|
||||||
|
- Reward structure changes
|
||||||
|
- Ecosystem experiments
|
||||||
|
|
||||||
|
Every decision has measurable consequences.
|
||||||
|
|
||||||
|
Performance is everything.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Leaderboard & Competition
|
||||||
|
|
||||||
|
Futarchy Arena tracks:
|
||||||
|
|
||||||
|
- Prediction accuracy
|
||||||
|
- Profitability
|
||||||
|
- Risk-adjusted returns
|
||||||
|
- Long-term consistency
|
||||||
|
|
||||||
|
Players compete across seasons.
|
||||||
|
|
||||||
|
Top performers gain:
|
||||||
|
|
||||||
|
- Bonus rewards
|
||||||
|
- Public recognition
|
||||||
|
- Onchain reputation
|
||||||
|
- Increased influence in future rounds
|
||||||
|
|
||||||
|
Governance becomes competitive.
|
||||||
|
Reputation is earned through skill.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Fundraise Parameters
|
||||||
|
|
||||||
|
Fundraise Target: $50,000 USDC
|
||||||
|
Monthly Spending Cap: $1,000
|
||||||
|
|
||||||
|
The low spending cap ensures long runway and disciplined experimentation.
|
||||||
|
|
||||||
|
All capital deployments are decided by markets.
|
||||||
|
|
||||||
|
No emotional voting.
|
||||||
|
Only measurable outcomes.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Market & Differentiation
|
||||||
|
|
||||||
|
Traditional governance relies on token voting.
|
||||||
|
Participation is low.
|
||||||
|
Decisions are often inefficient.
|
||||||
|
|
||||||
|
Prediction markets exist, but rarely create persistent competition.
|
||||||
|
|
||||||
|
Futarchy Arena combines:
|
||||||
|
|
||||||
|
- Real decisions
|
||||||
|
- Market-based resolution
|
||||||
|
- Competitive leaderboard
|
||||||
|
- Persistent performance tracking
|
||||||
|
|
||||||
|
This creates a new category:
|
||||||
|
|
||||||
|
Futarchy as a Game.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Vision
|
||||||
|
|
||||||
|
Futarchy Arena aims to become:
|
||||||
|
|
||||||
|
- A sandbox for experimental governance
|
||||||
|
- A competitive arena for strategic thinkers
|
||||||
|
- A live demonstration of performance-based decision systems
|
||||||
|
|
||||||
|
Governance should reward skill.
|
||||||
|
|
||||||
|
Futarchy Arena makes that measurable.
|
||||||
|
|
||||||
|
## Raw Data
|
||||||
|
|
||||||
|
- Launch address: `8UjuYsm1m8uNNVSeA1NSwvV6ch9G2QC14yKvpXjrRgw`
|
||||||
|
- Token: DXS (DXS)
|
||||||
|
- Token mint: `DXSunZYhvgwe78jVk2MKtjpEVzj7hcuAkfi79jxtmeta`
|
||||||
|
- Version: v0.7
|
||||||
|
- Closed: 2026-03-05
|
||||||
130
decisions/internet-finance/launchpet-futardio-fundraise.md
Normal file
130
decisions/internet-finance/launchpet-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,130 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "Launchpet: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[launchpet]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "Launchpet team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/BWeT96hGV245sm6Ua4EhLPL8GngcBV2aKS2uvkaEkjBi"
|
||||||
|
proposal_date: 2026-03-05
|
||||||
|
resolution_date: 2026-03-06
|
||||||
|
category: "launch"
|
||||||
|
summary: "Launchpet raised $2.1K against $60K target (3.5% fill rate) for a mobile pet token launchpad on Solana — failed and refunded"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# Launchpet: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
Launchpet, a mobile-first token launchpad where users can launch pet-themed tokens on Solana (described as "Instagram meets pump.fun"), attempted to raise $60K through a Futardio ICO. The project attracted only $2,100 in commitments (3.5% fill rate), the lowest absolute amount in the v0.7 cohort. The launch failed and all funds were refunded.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $2,100
|
||||||
|
- **Funding Target:** $60,000
|
||||||
|
- **Fill Rate:** 3.5%
|
||||||
|
- **Duration:** 2026-03-05 to 2026-03-06
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
Launchpet's 3.5% fill rate and $2.1K in total commitments make it the weakest performer in the v0.7 Futardio cohort by absolute capital attracted. The project targeted normie onboarding to Solana through pet-themed token creation with social login and fiat on-ramps — a consumer play that sits at the intersection of memecoins and social media. The near-zero interest suggests that Futardio's participant base, which evaluates projects through a futarchy governance lens, found little alignment with a consumer memecoin launchpad thesis. The project's charity angle (1/3 of fees to animal welfare) and completed frontend did not compensate for what appears to be a fundamental market-product mismatch on this platform.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
|
||||||
|
- [[launchpet]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-05*
|
||||||
|
|
||||||
|
# Launchpet
|
||||||
|
|
||||||
|
**The normie onramp Solana didn't know it needed.**
|
||||||
|
|
||||||
|
Launchpet is a mobile-first token launchpad (iOS/Android) where anyone can discover, trade, and launch pet tokens on Solana. Think Instagram meets pump.fun — but built for the 99% who've never touched a wallet.
|
||||||
|
|
||||||
|
Upload a photo of your pet. Name it. Launch a token in seconds. No seed phrases, no external wallets, no friction. Login with email, Google, or Apple. Buy SOL with a credit card or Apple Pay. The app does the rest.
|
||||||
|
|
||||||
|
An algorithm-driven Explore Page surfaces tokens based on likes, shares, boosts, and trading volume. The more engagement a pet gets, the more it appears in the feed, the more people buy it, the faster it grows. **Attention becomes liquidity.** Real runners emerge organically — created by people, not insiders.
|
||||||
|
|
||||||
|
> *"Everyone says their pet is the cutest. We let the market decide."*
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Market & Differentiation
|
||||||
|
|
||||||
|
**The problem is two-sided.**
|
||||||
|
|
||||||
|
Normies can't get into crypto — wallets are intimidating, seed phrases are confusing, and every platform assumes you already know what you're doing. For the general public, onboarding is broken.
|
||||||
|
|
||||||
|
Crypto-natives are starving for organic runners. The market has become predictable and over-engineered, dominated by insider-coordinated launches. Authentic, community-driven volume is rare. The unexpected projects that generate real excitement? Nowhere to be found.
|
||||||
|
|
||||||
|
**Launchpet solves both problems.**
|
||||||
|
|
||||||
|
For normies: frictionless onboarding with social logins and a built-in fiat on-ramp. The UX feels like a social app, not a trading terminal. Launchpet gives people something new, in a form they already understand.
|
||||||
|
|
||||||
|
For degens: a constant stream of genuine token launches with verifiable on-chain volume, created by real people rather than orchestrated teams. Fully composable, fully tradeable outside the app. The fee structure captures value regardless of where the trade happens.
|
||||||
|
|
||||||
|
**Built-in moat:** A third of every transaction fee goes directly to animal welfare organizations. This isn't charity theater — it's a retention and engagement mechanism that drives sharing, repeat usage, and emotional investment. The impact layer turns every degen into an evangelist.
|
||||||
|
|
||||||
|
> *"Trade like a degen. Feel like a saint."*
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Revenue Model
|
||||||
|
|
||||||
|
Every transaction on Launchpet includes a fee, split equally three ways:
|
||||||
|
|
||||||
|
- **1/3 → Token creator** — the person who launched the pet token
|
||||||
|
- **1/3 → Animal welfare** — donated to verified animal welfare organizations
|
||||||
|
- **1/3 → Launchpet DAO** — funds platform development and growth
|
||||||
|
|
||||||
|
No hidden fees. No insider allocations. Every trade transparently rewards the creator, helps real animals, and sustains the platform. The same split applies regardless of whether the trade happens inside the app or on external platforms — the fee is baked into the liquidity pool.
|
||||||
|
|
||||||
|
Additional revenue comes from launch fees (a small SOL fee per new token) and paid boosts (tiered visibility promotions on the Explore Page). Every token launch creates new engagement, every boost amplifies visibility, and every trade multiplies momentum.
|
||||||
|
|
||||||
|
> *"If that cat hit 100k, mine can too."*
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Use of Funds
|
||||||
|
|
||||||
|
**Raising: $60,000**
|
||||||
|
|
||||||
|
Lean team, no bloated treasury. Funds go directly toward backend development, infrastructure, marketing, and user acquisition. Revenue from fees kicks in at launch — the goal is self-sustainability as fast as possible.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Roadmap
|
||||||
|
|
||||||
|
**Phase 1 — Foundation** (completed)
|
||||||
|
Frontend complete. Core UX is built — Explore feed, token launch flow, leaderboards, boost system, and trading interface are designed and functional. The app feels like a social platform, not a trading terminal.
|
||||||
|
|
||||||
|
**Phase 2 — Backend & Smart Contracts**
|
||||||
|
Integrating the on-chain layer: liquidity pools, swap routing, fee distribution contracts, embedded wallet infrastructure, and fiat on-ramp. Connecting the frontend to Solana so every tap triggers a real transaction.
|
||||||
|
|
||||||
|
**Phase 3 — Closed Beta & Stress Test**
|
||||||
|
Invite-only launch with early users and crypto-native testers. Validate the full loop: launch a token, trade it, collect fees, distribute to creator + charity + platform. Optimize gas efficiency and fine-tune the algorithm.
|
||||||
|
|
||||||
|
**Phase 4 — Public Launch**
|
||||||
|
Ship to iOS and Android. First marketing push across pet communities, crypto Twitter, and TikTok. Onboard the first wave of normies and let organic runners emerge. Paid boosts go live. The flywheel starts turning.
|
||||||
|
|
||||||
|
**Phase 5 — Growth & Expansion**
|
||||||
|
KOL partnerships, gamification features, advanced analytics, social layer with comments, follows, and notifications. Transparent on-chain donation tracking for animal welfare partners. Explore additional verticals as the platform scales.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Why Solana?
|
||||||
|
|
||||||
|
This only works on Solana. Sub-second finality, near-zero tx costs, and a mature DeFi stack make real-time micro-trading viable for mainstream users. No other chain can deliver this UX at this cost.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Launchpet opens the door to an entirely new audience, new volume, and new energy within the Solana ecosystem. The flywheel is simple: attention → liquidity → revenue → growth. And as the funniest pets go viral, they're also helping real animals in need.
|
||||||
|
|
||||||
|
> *"Retail will come, and they're bringing their pets."*
|
||||||
212
decisions/internet-finance/lobsterfutarchy-futardio-fundraise.md
Normal file
212
decisions/internet-finance/lobsterfutarchy-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,212 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "LobsterFutarchy: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[lobsterfutarchy]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "LobsterFutarchy team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/2d9RAui8BGYh8Jt7dc49WSFTuXVRT4nNE4Sy2mUtALNZ"
|
||||||
|
proposal_date: 2026-03-06
|
||||||
|
resolution_date: 2026-03-07
|
||||||
|
category: "launch"
|
||||||
|
summary: "LobsterFutarchy raised $1,183 of $500,000 target (0.2% fill rate) for an agentic finance control plane on Solana"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# LobsterFutarchy: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
LobsterFutarchy attempted to raise $500,000 on Futardio to build a control plane for agentic finance -- secure, on-chain-enforceable sandboxes for AI agents to operate with real money under programmable rules. The raise attracted only $1,183 in commitments (0.2% of target), the lowest fill rate in this batch, and triggered refunds. The $500K target was the highest among this group of failed launches.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $1,183
|
||||||
|
- **Funding Target:** $500,000
|
||||||
|
- **Fill Rate:** 0.2%
|
||||||
|
- **Duration:** 2026-03-06 to 2026-03-07
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
LobsterFutarchy positioned itself at the intersection of agentic AI and on-chain finance infrastructure, a thesis aligned with emerging trends around AI agents managing financial operations. The near-zero fill rate despite a timely narrative suggests that Futardio's investor pool cannot support raises above a few thousand dollars, regardless of proposal quality or narrative alignment. The $500K target was particularly ambitious given the platform's demonstrated capacity.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[lobsterfutarchy]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-06*
|
||||||
|
|
||||||
|
Overview
|
||||||
|
|
||||||
|
A world of financial agents is coming.
|
||||||
|
|
||||||
|
In the next phase of the internet, every person will have an agent managing parts of their financial life, and every company will have fleets of agents handling operations, treasury actions, payments, trading, forecasting, and execution. As major players like Circle and Visa push toward agent-native payment infrastructure and intelligent card systems, the question stops being whether agents will control money. The real question becomes: how do you let them act freely without losing control?
|
||||||
|
|
||||||
|
LobsterFutarchy is the control plane for that world.
|
||||||
|
|
||||||
|
It gives individuals, teams, and onchain organizations a way to sandbox agents inside secure, onchain-enforceable financial environments. Instead of giving an agent open-ended wallet access, LobsterFutarchy lets users define clear rules around what an agent can do, who it can interact with, how much it can spend, under what conditions it can act, and when human or governance approval is required.
|
||||||
|
|
||||||
|
This makes agents not just useful, but safe enough to become real economic actors.
|
||||||
|
|
||||||
|
With LobsterFutarchy, agents can operate with real money under rules enforced by blockchain-based policy rails. They can be expressive, autonomous, and always bounded by code. Teams can use presets and templates to automate workflows like yield strategies, treasury operations, prediction market participation, rebalancing, and other recurring financial tasks. Over time, this extends beyond crypto-native actions into a broader system for personal and business financial automation.
|
||||||
|
|
||||||
|
The long-term vision is simple:
|
||||||
|
every agent gets a wallet, every wallet gets rules, and every rule is enforceable onchain.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Use of Funds
|
||||||
|
|
||||||
|
We are raising $480,000 to fund 12 months of runway and accelerate product development, infrastructure hardening, and ecosystem growth.
|
||||||
|
|
||||||
|
Monthly Burn Estimate
|
||||||
|
- Team: $35,000/month
|
||||||
|
Core product development, smart account integrations, security engineering, design, and protocol execution
|
||||||
|
- Infrastructure: $5,000/month
|
||||||
|
RPCs, indexing, monitoring, compute, storage, and production-grade operational tooling
|
||||||
|
- Growth & Marketing: $5,000/month
|
||||||
|
Developer adoption, partner integrations, ecosystem education, content, and launch support
|
||||||
|
|
||||||
|
Total Monthly Burn
|
||||||
|
|
||||||
|
$45,000/month
|
||||||
|
|
||||||
|
Runway
|
||||||
|
|
||||||
|
12 months
|
||||||
|
|
||||||
|
The goal of this funding is to give LobsterFutarchy enough runway to ship the core control plane, harden the safety layer, expand chain support, and establish itself as the default framework for secure agentic finance.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Roadmap & Milestones
|
||||||
|
|
||||||
|
Phase 1 - Wallet, Safety, and Multi-Chain Foundation
|
||||||
|
|
||||||
|
Goal: Ship a production control plane for agent execution with strong safety guarantees.
|
||||||
|
|
||||||
|
Key deliverables:
|
||||||
|
- Agent wallet provisioning
|
||||||
|
- Safe-based wallet support
|
||||||
|
- Solana support with Squads multisig integration
|
||||||
|
- Role presets and spend limits
|
||||||
|
- Session key issuance and revocation
|
||||||
|
- Timelocks and guard controls
|
||||||
|
- Sponsored gas policy settings
|
||||||
|
- Audit-ready activity logs
|
||||||
|
- Policy templates for common autonomous workflows
|
||||||
|
|
||||||
|
Outcome:
|
||||||
|
Teams and individuals can deploy agents with real financial permissions from day one, while maintaining clear visibility and enforceable safety boundaries.
|
||||||
|
|
||||||
|
Target timeline:
|
||||||
|
Initial launch phase
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Phase 2 - Futarchy Governance and Raise Flows
|
||||||
|
|
||||||
|
Goal: Connect treasury execution and autonomous actions to market-governed decision systems.
|
||||||
|
|
||||||
|
Key deliverables:
|
||||||
|
- Proposal-to-execution workflow
|
||||||
|
- Conditional market outcome hooks
|
||||||
|
- Ownership coin launch and treasury policy templates
|
||||||
|
- Raise guardrails with transparent capital controls
|
||||||
|
- Governance-controlled escalation paths for agent permissions
|
||||||
|
|
||||||
|
Outcome:
|
||||||
|
Markets can shape direction while execution remains constrained by transparent policy rails.
|
||||||
|
|
||||||
|
Target timeline:
|
||||||
|
Q2 after Phase 1 hardening
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Phase 3 - Autonomous Execution Networks
|
||||||
|
|
||||||
|
Goal: Move from agent assistance to bounded autonomous financial execution at scale.
|
||||||
|
|
||||||
|
Key deliverables:
|
||||||
|
- Agent strategy packs with policy presets
|
||||||
|
- Yield, treasury, and prediction market automation modules
|
||||||
|
- Data signal adapters and compute controls
|
||||||
|
- Cross-protocol and cross-chain execution templates
|
||||||
|
- Optional edge and device execution paths
|
||||||
|
- Expanded presets for personal and business financial workflows
|
||||||
|
|
||||||
|
Outcome:
|
||||||
|
Agents can perform real economic work across onchain and real-money contexts while operating within strict, programmable limits defined by users, teams, or governance.
|
||||||
|
|
||||||
|
Target timeline:
|
||||||
|
Q3 and beyond
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Market & Differentiation
|
||||||
|
|
||||||
|
Target Market
|
||||||
|
|
||||||
|
LobsterFutarchy sits at the intersection of:
|
||||||
|
- Agentic finance
|
||||||
|
- Onchain governance and treasury management
|
||||||
|
- Wallet permissions and smart account infrastructure
|
||||||
|
- Decision-market coordination
|
||||||
|
- Business and personal financial automation
|
||||||
|
|
||||||
|
Potential Users
|
||||||
|
- Crypto founders running transparent raises and treasury operations
|
||||||
|
- Onchain organizations coordinating capital through governance
|
||||||
|
- Teams deploying internal financial agents for recurring tasks
|
||||||
|
- Traders and operators automating bounded strategies
|
||||||
|
- Individuals using agents for personal financial execution
|
||||||
|
- Protocols that need auditable, rule-based agent activity
|
||||||
|
|
||||||
|
Competitive Landscape
|
||||||
|
|
||||||
|
Most existing products solve only one part of the stack:
|
||||||
|
- Wallet tools provide access but not granular autonomous controls
|
||||||
|
- Automation tools allow execution but lack enforceable financial policy rails
|
||||||
|
- Governance tools coordinate decisions but do not guarantee constrained execution
|
||||||
|
- Agent infrastructure gives intelligence but not secure financial sandboxing
|
||||||
|
|
||||||
|
Competitive Edge
|
||||||
|
|
||||||
|
LobsterFutarchy is built around a core belief: agents need financial freedom, but only inside programmable constraints.
|
||||||
|
|
||||||
|
Its advantages are:
|
||||||
|
- Secure sandboxing for financial agents
|
||||||
|
- Onchain-enforceable rules around counterparties, spend, permissions, and workflows
|
||||||
|
- Wallet + policy engine + execution templates in one system
|
||||||
|
- Revocable autonomy through session keys and bounded permissions
|
||||||
|
- Support for both organizational and personal financial agents
|
||||||
|
- A bridge between agent intelligence and real-money execution
|
||||||
|
|
||||||
|
Go-To-Market Strategy
|
||||||
|
|
||||||
|
LobsterFutarchy grows through:
|
||||||
|
- Founder-led launches using treasury and automation presets
|
||||||
|
- Integrations with wallet, payments, data, and agent infrastructure partners
|
||||||
|
- Community-created policy packs and strategy templates
|
||||||
|
- Public examples of transparent treasury and agent operations
|
||||||
|
- Positioning around the emerging financial-agent stack as the market matures
|
||||||
|
|
||||||
|
The objective is to become the default control layer for agentic finance, giving every person, company, and onchain organization the tools to let agents operate with real money safely.
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
- Website: https://lobsterfutarchy.com/
|
||||||
|
- Twitter: https://x.com/lobster
|
||||||
|
|
||||||
|
## Raw Data
|
||||||
|
|
||||||
|
- Launch address: `2d9RAui8BGYh8Jt7dc49WSFTuXVRT4nNE4Sy2mUtALNZ`
|
||||||
|
- Token: 8qs (8qs)
|
||||||
|
- Token mint: `8qs5bkW4E2gQMniMdZsAwRDSQmPRs4mMuMfwk5aTmeta`
|
||||||
|
- Version: v0.7
|
||||||
|
- Closed: 2026-03-07
|
||||||
231
decisions/internet-finance/mycorealms-futardio-fundraise.md
Normal file
231
decisions/internet-finance/mycorealms-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,231 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "MycoRealms: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[mycorealms]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "crypticmeta & Ram"
|
||||||
|
proposal_url: "https://www.futard.io/launch/A88sGec3GcVfyRXNXr9DyWN6wNEwSaCqeyzrmmakKFqf"
|
||||||
|
proposal_date: 2026-03-03
|
||||||
|
resolution_date: 2026-03-14
|
||||||
|
category: "launch"
|
||||||
|
summary: "MycoRealms attempted two ICO launches raising $158K then $82K against $200K and $125K targets respectively — both failed and refunded"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# MycoRealms: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
MycoRealms attempted to raise funds for a futarchy-governed mushroom farming operation in India through two separate Futardio ICO launches. The first attempt (March 3) targeted $200K and attracted $158K in commitments (79% fill rate) within a 24-hour window. After failing, the team relaunched on March 11 with a reduced $125K target and extended 72-hour window, but only raised $82K (66% fill rate). Both launches ended in refunds.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
|
||||||
|
### Launch 1
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $158,067
|
||||||
|
- **Funding Target:** $200,000
|
||||||
|
- **Fill Rate:** 79.0%
|
||||||
|
- **Duration:** 2026-03-03 to 2026-03-04
|
||||||
|
|
||||||
|
### Launch 2
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $82,481
|
||||||
|
- **Funding Target:** $125,000
|
||||||
|
- **Fill Rate:** 66.0%
|
||||||
|
- **Duration:** 2026-03-11 to 2026-03-14
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
MycoRealms is notable as one of the first attempts to use futarchy governance for real-world agricultural production. The project attempted to bridge physical operations (mushroom farming) with on-chain governance, where all treasury expenditures beyond a monthly allowance required market-based approval. The declining commitment across two attempts — from $158K to $82K despite lowering the target by 37.5% — suggests the market was cooling on the project's fundamentals rather than just its pricing. This provides early evidence about how futarchy-governed ICOs handle real-world asset projects with physical execution risk.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
|
||||||
|
- [[mycorealms]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
### Launch 1
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-03*
|
||||||
|
|
||||||
|
# MycoRealms: The First Futarchy-Governed Farm on Solana
|
||||||
|
|
||||||
|
We grow mushrooms. The community funds and governs the farms. Every decision, expense, and harvest is public.
|
||||||
|
|
||||||
|
MycoRealms is raising to build, operate and scale sustainable agri ecosystem — governed entirely through MetaDAO's futarchy system
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## What we're building
|
||||||
|
|
||||||
|
The aim is to build a farming ecosystem with multiple sources of revenue, starting with a climate-controlled button mushroom production facility that generates revenue all year round. It's clean and sustainable. Plan to enter medicinal mushrooms and export after scaling edible mushroom farm to 12 growing rooms.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Use of Funds
|
||||||
|
|
||||||
|
Phase 1 infrastructure ($50K CAPEX):
|
||||||
|
|
||||||
|
- Accommodation and base construction
|
||||||
|
- 3 growing rooms with PUF insulation and automated climate control
|
||||||
|
- DG set and supporting infrastructure
|
||||||
|
- Working capital for initial operations (compost sourced externally for first cycles)
|
||||||
|
|
||||||
|
All major capital expenditures will be proposed and executed through futarchy governance.
|
||||||
|
|
||||||
|
> The first proposal post-raise will be a **$50,000 USD CAPEX** withdrawal to initiate construction and infrastructure setup. This proposal must pass through decision markets before funds are deployed.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Why mushrooms
|
||||||
|
|
||||||
|
- Fast crop cycles (multiple per year)
|
||||||
|
- Fully measurable variables — temperature, humidity, CO2, yield
|
||||||
|
- Large and growing market
|
||||||
|
- Highly standardized production system suitable for transparent reporting
|
||||||
|
- Economics of scale
|
||||||
|
- High margin specially for medicinal ones
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## What we've done so far
|
||||||
|
|
||||||
|
We spent all of 2025 preparing.
|
||||||
|
|
||||||
|
- Interned with scientists at ICAR-DMR Solan (India's national mushroom research institute)
|
||||||
|
- Worked hands-on in commercial farms
|
||||||
|
- Conducted market research across multiple states
|
||||||
|
- Collected vendor quotations and compared suppliers
|
||||||
|
- Verbal commitments from 15+ wholesalers
|
||||||
|
- Built a Detailed Project Report aligned with ICAR economic models
|
||||||
|
- Designed an application layer for document uploads and operational logs
|
||||||
|
- Secured preliminary farm location and climate-control quotations
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Team
|
||||||
|
|
||||||
|
**crypticmeta** — freelance blockchain developer on Solana and Bitcoin since 2018. Previously built and scaled OrdinalNovus, a CBRC token exchange on Bitcoin Ordinals that hit $30M in trading volume. Now applying that experience to real-world agriculture.
|
||||||
|
|
||||||
|
**Ram** — 5+ years in commercial mushroom production. Has managed operations across 5–6 growing units, handling end-to-end production, supplier sourcing, and wholesale distribution across 5 states. Leads all on-ground operations for MycoRealms.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## How governance works
|
||||||
|
|
||||||
|
There is no voting in MycoRealms. There is only trading.
|
||||||
|
|
||||||
|
When a proposal is made — for example, "Release $50K USDC for CAPEX investment in infrastructure" — two conditional markets open. Traders buy into whichever outcome they believe creates more value. The market determines the result.
|
||||||
|
|
||||||
|
The team cannot access the treasury directly. We operate on a defined monthly allowance. Any expenditure beyond that allowance requires a futarchy proposal and market approval.
|
||||||
|
|
||||||
|
Every invoice, expense, harvest record, and operational photo will be published on our public ops ledger via Arweave. Transparency is the default.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Raise details (Launch 1)
|
||||||
|
|
||||||
|
| | |
|
||||||
|
| --------------------- | ------------------------------------- |
|
||||||
|
| **Raise Target** | $200,000 USDC |
|
||||||
|
| **Monthly Allowance** | $10,000 |
|
||||||
|
| **Raise Window** | 24 hours on Futardio (permissionless) |
|
||||||
|
|
||||||
|
**Total Token Supply** — 15.9M max (12.9M circulating at launch):
|
||||||
|
|
||||||
|
| Allocation | Tokens | Share |
|
||||||
|
| ------------------------ | -----: | ----: |
|
||||||
|
| ICO tokens | 10M | 62.9% |
|
||||||
|
| Liquidity provision | 2.9M | 18.2% |
|
||||||
|
| Team performance package | 3.0M | 18.9% |
|
||||||
|
|
||||||
|
**Liquidity provision breakdown:**
|
||||||
|
|
||||||
|
- 2M tokens on Futarchy AMM
|
||||||
|
- 900K tokens on Meteora pool
|
||||||
|
- 20% of funds raised ($40K) paired with LP tokens
|
||||||
|
|
||||||
|
> If the raise does not reach $200K within 24 hours — **full refunds.**
|
||||||
|
> If the target is reached — treasury, spending limits, and liquidity deploy automatically.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Team allocation — performance only
|
||||||
|
|
||||||
|
3M tokens are locked at launch.
|
||||||
|
|
||||||
|
Five tranches unlock at 2x, 4x, 8x, 16x, and 32x the ICO price, with a minimum 18-month cliff before any unlock (evaluated via 3-month TWAP, not spot price).
|
||||||
|
|
||||||
|
At launch, **0 team tokens** are circulating. If the token never reaches 2x, the team receives nothing.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Execution Plan
|
||||||
|
|
||||||
|
**Monthly treasury allowance: $10,000**
|
||||||
|
|
||||||
|
Pre-revenue — covers infrastructure, raw materials, team, and tech.
|
||||||
|
Post-revenue — farm income covers operations; treasury allowance redirects fully to scaling.
|
||||||
|
|
||||||
|
**Quarterly milestones:**
|
||||||
|
|
||||||
|
| Quarter | Milestones |
|
||||||
|
| ------- | ------------------------------------------------------------------------------------------------------------------------------------ |
|
||||||
|
| Q2 2026 | CAPEX proposal ($50K) — accommodation, 3 growing rooms, DG set, base construction. Compost sourced externally for first cycles |
|
||||||
|
| Q3 2026 | First harvests begin, wholesale deliveries start. Products reaching 1,000+ households. Revenue covers team wages and operating costs |
|
||||||
|
| Q4 2026 | 4th–5th rooms. Treasury fully redirected to scaling (~$12K per room approx). Compost unit construction begins |
|
||||||
|
| Q1 2027 | 5+ rooms with in-house composting operational. Compost sales to local farmers begin |
|
||||||
|
| 2027+ | Target 12 rooms. Medicinal mushrooms, spawn lab, export exploration |
|
||||||
|
|
||||||
|
All figures are approximate and subject to change. Expenditures beyond the monthly allowance require futarchy approval.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Long-term vision
|
||||||
|
|
||||||
|
The goal is to prove that decentralized governance can coordinate real-world production transparently — starting with agriculture.
|
||||||
|
|
||||||
|
> Worst case — a fully transparent, community-governed mushroom farm.
|
||||||
|
> Best case — a blueprint for futarchy-directed real-world infrastructure.
|
||||||
|
|
||||||
|
_This is agriculture rebuilt for the internet._
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
- Website: mycorealms.com
|
||||||
|
- Telegram: https://t.me/+F684wVS-F0oyNzE1
|
||||||
|
- X: @mycorealms
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
_Note: MycoRealms is not a financial product. $MYCO tokens represent governance participation in a DAO. No revenue sharing, yields, or returns are promised or implied._
|
||||||
|
|
||||||
|
### Launch 2
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-11*
|
||||||
|
|
||||||
|
The second launch used the same proposal text with the following changes to raise details:
|
||||||
|
|
||||||
|
## Raise details (Launch 2)
|
||||||
|
|
||||||
|
| | |
|
||||||
|
| --------------------- | ------------------------------------- |
|
||||||
|
| **Raise Target** | $125,000 USDC |
|
||||||
|
| **Monthly Allowance** | $10,000 |
|
||||||
|
| **Raise Window** | 72 hours on Futardio (permissionless) |
|
||||||
|
|
||||||
|
**Liquidity provision breakdown:**
|
||||||
|
|
||||||
|
- 2M tokens on Futarchy AMM
|
||||||
|
- 900K tokens on Meteora pool
|
||||||
|
- 20% of funds raised ($25K) paired with LP tokens
|
||||||
|
|
||||||
|
> If the raise does not reach $125K within 72 hours — **full refunds.**
|
||||||
|
> If the target is reached — treasury, spending limits, and liquidity deploy automatically.
|
||||||
282
decisions/internet-finance/nfaspace-futardio-fundraise.md
Normal file
282
decisions/internet-finance/nfaspace-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,282 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "NFA.space: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[nfaspace]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "Bogdan and Wiktoria"
|
||||||
|
proposal_url: "https://www.futard.io/launch/FfPgTna1xXJJ43S7YkwgspJJMMnvTphMjotnczgegUgV"
|
||||||
|
proposal_date: 2026-03-14
|
||||||
|
resolution_date: 2026-03-17
|
||||||
|
category: "launch"
|
||||||
|
summary: "NFA.space raised $1,363 of $125,000 target (1.1% fill rate) for an RWA marketplace for physical art on-chain"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# NFA.space: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
NFA.space attempted to raise $125,000 on Futardio to build an on-chain RWA marketplace for physical art, combining blockchain governance with contemporary art curation. Despite having onboarded 1,895 artists from 79 countries and generating $150K in prior revenue, the raise attracted only $1,363 (1.1% of target), failing and triggering refunds.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $1,363
|
||||||
|
- **Funding Target:** $125,000
|
||||||
|
- **Fill Rate:** 1.1%
|
||||||
|
- **Duration:** 2026-03-14 to 2026-03-17
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
NFA.space is notable as a non-crypto-native project attempting to use futarchy governance for art curation decisions. The project had real traction (2,000+ artworks sold, $5K MRR) but failed to attract Futardio investors, suggesting a mismatch between the platform's investor base (crypto/DeFi-focused) and art marketplace value propositions. The concept of "art futarchy" -- using prediction markets to guide cultural curation decisions -- is intellectually interesting but found no market support on this platform.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[nfaspace]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-14*
|
||||||
|
|
||||||
|
## Before we dive into what we're building, here's what we've already done
|
||||||
|
|
||||||
|
NFA.space has onboarded **1,895 artists** from
|
||||||
|
**79 countries** and has already sold more than
|
||||||
|
**2,000 artworks** through its early MVP
|
||||||
|
|
||||||
|
To date, the platform has generated over **$150,000 in revenue**, with **$5,000 in monthly recurring revenue** and an average artwork price of **$1,235**. Notably, **12.5% of collectors** have made repeat purchases, demonstrating early retention and product-market resonance.
|
||||||
|
|
||||||
|
These early results validate our thesis: culturally aligned crypto users want access to meaningful and collectible art experiences, and blockchain can make those experiences safe, accessible, and traded globally on the secondary market.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Important Links
|
||||||
|
|
||||||
|
- **Website:** [https://www.nfa.space](https://www.nfa.space/)
|
||||||
|
- **X:** [https://x.com/spacenfa](https://x.com/spacenfa)
|
||||||
|
- **Instagram:** [https://www.instagram.com/nfa_space/](https://www.instagram.com/nfa_space/)
|
||||||
|
- **YouTube:** [https://www.youtube.com/@nfaspace](https://www.youtube.com/@nfaspace)
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Founders
|
||||||
|
|
||||||
|
**Bogdan**
|
||||||
|
[LinkedIn](https://www.linkedin.com/in/bogdan-dmitriyev/) · [X](https://x.com/Bogdex)
|
||||||
|
|
||||||
|
**Wiktoria**
|
||||||
|
[LinkedIn](https://www.linkedin.com/in/wiktoria-malacka/) · [X](https://x.com/WictorijaNFA)
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Resources
|
||||||
|
|
||||||
|
- What is NFA.space? → [About Us](https://www.nfa.space/about)
|
||||||
|
- Core Idea behind NFA.space → [Blog Post](https://www.nfa.space/post/the-new-future-for-the-fine-arts-industry-at-nft-space-concerning-collectors)
|
||||||
|
- Back to 2024 — two years of NFA.space → [Blog Post](https://www.nfa.space/post/art-3-0-second-year-so-far-so-good)
|
||||||
|
- Revenue Sharing at NFA.space → [Blog Post](https://www.nfa.space/post/empowering-our-holders-introducing-revenue-sharing-at-nfa-space)
|
||||||
|
- All Collections launched by NFA.space → [View All](https://www.nfa.space/allcollections)
|
||||||
|
- 1,000 NFT pass → [OpenSea](https://opensea.io/collection/the-10k-collection-pass?tab=items)
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## About Us
|
||||||
|
|
||||||
|
**NFA.space** is an on-chain initiative reimagining the cultural economy for the crypto-native era. By fusing the world of contemporary art with decentralized technology, we enable a new class of global art patrons: people who believe in the cultural and financial value of art, but until now lacked the access, capital, or infrastructure to participate.
|
||||||
|
|
||||||
|
As we explored governance models for cultural projects, we discovered that futarchy is a powerful and rational method for decision-making in art ecosystems just as much as in any Web3 organization. We believe in applying this approach to build **art futarchy** — a system where the community doesn't only make decisions about NFA.space itself but also shapes decisions that can transform the art world as a whole.
|
||||||
|
|
||||||
|
The NFA.space native token will be used for governance purposes, but not only as a decision-making tool; it will also be used to influence and change the art world and the art market itself. We believe that the lack of transparency in the classic/old-style art market should be resolved and redefined in 2025 with the power of Web3 and blockchain.
|
||||||
|
|
||||||
|
At its core, NFA Space allows individuals to support and collect emerging artworks using our native token, `$NFA`. Participants in the token launch become stakeholders in a long-term cultural movement — a movement that empowers artists directly while giving token holders curatorial influence and access to unique works.
|
||||||
|
|
||||||
|
We started our path in 2022 and conducted several research cycles that show and prove growing public interest in art investing. At the same time, we discovered that today's art investors are mainly focused on artworks priced under **$500**, which confirms both the mass interest and the right timing for the NFA.space idea.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Business Model of NFA Space
|
||||||
|
|
||||||
|
### 1. Primary Sales
|
||||||
|
- Curated physical artwork releases
|
||||||
|
- Limited edition phygital drops
|
||||||
|
- Direct collector sales
|
||||||
|
|
||||||
|
### 2. Curation & Artist Residency
|
||||||
|
- Artists onboarded as residents
|
||||||
|
- Revenue share model on primary sales
|
||||||
|
|
||||||
|
### 3. Phygital Infrastructure
|
||||||
|
- Physical artwork + on-chain certificate
|
||||||
|
- Global shipping logistics
|
||||||
|
- Authenticity verification (using worldwide Galleries partnerships)
|
||||||
|
|
||||||
|
### 4. Community Activation
|
||||||
|
- IRL exhibitions
|
||||||
|
- Digital drops
|
||||||
|
- Airdrops to NFT pass holders
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## The $NFA Token
|
||||||
|
|
||||||
|
**The `$NFA` token will be used to:**
|
||||||
|
|
||||||
|
- **Vote** on strategic decisions such as residency locations, partner galleries, or which artists to onboard
|
||||||
|
|
||||||
|
- **Participate** in community governance over exhibitions, grants, and artist support
|
||||||
|
|
||||||
|
- **Collect and purchase** physical and digital art via our marketplace (added feature)
|
||||||
|
|
||||||
|
|
||||||
|
We believe futarchy — market-based governance — is the right model for a project rooted in taste, culture, and values. In the traditional art world, access and influence are opaque and concentrated. In NFA Space, we let the community "bet on culture": decisions will be guided by participants who believe their choices will lead to greater long-term value — cultural, reputational, and financial.
|
||||||
|
|
||||||
|
The result is an **anti-gatekeeper system** where proposals to fund an artist, back an exhibition, or pursue new partnerships are evaluated by a collective intelligence of supporters — not insiders. If our community believes an artist residency in Nairobi, or a collaboration with a digital sculptor, will boost the ecosystem's impact and resonance, they can bet on it. And if they're right, the token's value should reflect that success.
|
||||||
|
|
||||||
|
This approach directly serves our mission: to make art ownership and participation accessible to the crypto middle class. It can restore public faith in NFTs as a technology for meaningful ownership and show that digital culture is worth preserving.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## By embracing futarchy and decentralized funding, NFA.space aims to:
|
||||||
|
|
||||||
|
- **Cultivating a Living Economy:** Moving beyond one-time sales to build a lasting financial ecosystem where both artists and collectors thrive together through shared growth.
|
||||||
|
- **Art as Infrastructure:** Redefining NFT technology not just as a tool for digital ownership, but as the very foundation of a new, transparent cultural heritage.
|
||||||
|
- **Purpose over Speculation:** Transforming crypto liquidity from a speculative tool into a creative force, allowing capital to flow toward genuine human expression and artistic innovation.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Fundraising
|
||||||
|
|
||||||
|
**The minimum raise goal is $125,000.**
|
||||||
|
|
||||||
|
### Use of Funds
|
||||||
|
|
||||||
|
| Category | Allocation | Description |
|
||||||
|
|---|---|---|
|
||||||
|
| Product Development & Infrastructure | 35% ($43,750) | Final steps to bring the marketplace to life — polishing smart contracts, backend systems, and building for global scale. |
|
||||||
|
| Security & Audits | 10% ($12,500) | Independent code reviews, smart contract audits, and ongoing monitoring to keep transactions and governance secure. |
|
||||||
|
| Art Ecosystem & Curation Fund | 20% ($25,000) | Supporting new artist onboarding, digitizing works, and strengthening our growing cultural library. |
|
||||||
|
| Ecosystem Incentives | 9.2% ($11,500) | Collector rewards, early adopter perks, and grants for community-led curation and proposals. |
|
||||||
|
| Marketing & Partnerships | 15% ($18,750) | Spreading the word through partnerships, creative campaigns, and cultural collaborations. |
|
||||||
|
| Operations & Legal | 10.8% ($13,500) | Lean team operations, DAO legal structuring, and platform compliance across jurisdictions. |
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## 8-Month Roadmap (post ICO)
|
||||||
|
|
||||||
|
### Month 1 — Beta Launch
|
||||||
|
|
||||||
|
- Launch NFA.space beta
|
||||||
|
- Enable web3 login, minting, and artist tools
|
||||||
|
- List and sell 3 collections (physical + digital)
|
||||||
|
- Publish DAO and vision documents
|
||||||
|
|
||||||
|
### Month 2 — Security & DAO Setup
|
||||||
|
|
||||||
|
- Smart contract audit
|
||||||
|
- Form initial community council
|
||||||
|
|
||||||
|
### Month 3 — Ecosystem Expansion
|
||||||
|
|
||||||
|
- Onboard 500 new artists
|
||||||
|
- Launch collector rewards system (tiers, XP, badges)
|
||||||
|
- List up to 50 collections
|
||||||
|
- Building a secondary market ecosystem by collaborating with galleries
|
||||||
|
|
||||||
|
### Month 4 — Marketing & Partnerships
|
||||||
|
|
||||||
|
- Launch "Own Culture On-Chain" campaign
|
||||||
|
- Form partnerships with art/NFT platforms
|
||||||
|
- Host first online and physical activations
|
||||||
|
|
||||||
|
### Month 5 — Product Expansion
|
||||||
|
|
||||||
|
- Launch secondary market (resale, auctions, bids)
|
||||||
|
- Start development of phygital vault prototype
|
||||||
|
|
||||||
|
### Month 6 — Growth & Governance
|
||||||
|
|
||||||
|
- Expand DAO working groups
|
||||||
|
- Marketplace public release
|
||||||
|
- Publish full financial and impact report
|
||||||
|
|
||||||
|
### Month 7 — Monetization & Ecosystem Growth
|
||||||
|
|
||||||
|
- Scale marketplace activity and platform usage
|
||||||
|
- Launch curated drops with selected artists and collections
|
||||||
|
- Introducing revenue tools and enhanced royalty features
|
||||||
|
- Expand collector rewards with staking and loyalty mechanics
|
||||||
|
- Begin onboarding galleries and cultural institutions
|
||||||
|
|
||||||
|
### Month 8 — Platform Scaling & Sustainability
|
||||||
|
|
||||||
|
- Launch phygital vault prototype for secure artwork storage
|
||||||
|
- Introducing advanced marketplace analytics for artists and collectors
|
||||||
|
- Expand global marketing and PR outreach
|
||||||
|
- Strengthen DAO governance and proposal system
|
||||||
|
- Transition toward revenue-based operational sustainability
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## What Guides Us
|
||||||
|
|
||||||
|
We're building NFA.space with discipline and care. A monthly budget of **$15,625** keeps us nimble, focused, and efficient during the early stage. This budget is planned for **8 months after the ICO**, covering the key roadmap milestones required to bring the platform to launch and reach the point where **revenue-based salaries and operational expenses can sustain the project.**
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
### Monthly Budget Breakdown
|
||||||
|
|
||||||
|
|
||||||
|
| Category | Monthly Allocation | Purpose |
|
||||||
|
|---|---|---|
|
||||||
|
| Core Development Team | $8,000 | Developers working on contracts, backend, and frontend — mostly modular and part-time. |
|
||||||
|
| Marketing & Community | $2,500 | From social campaigns to collector onboarding, this is how we grow. |
|
||||||
|
| Product Management | $3,000 | DAO formation, compliance, financial tracking, and tooling. |
|
||||||
|
| Ecosystem & Contributor Rewards | $1,400 | Supporting early contributors and rewarding helpful community input. |
|
||||||
|
| Infrastructure & Tools | $725 | Servers, IPFS/Arweave storage, dev tools, analytics, APIs. |
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# A Few Words from the Founders
|
||||||
|
|
||||||
|
In 2022, we looked at the intersection of art and NFTs and saw more than just a trend — we saw a profound opportunity. At that time, the world was questioning the true purpose of NFTs. There was a disconnect between the digital frontier and the timeless value of art. As founders, our mission was clear: to bridge that gap and bring authentic, lasting value to this new space.
|
||||||
|
|
||||||
|
Our journey has been one of constant growth and education. We've developed over **50 unique collections**, bringing **20 of them** to life in the global market. But our proudest achievement isn't just the numbers; it's the community we've built. We've had the privilege of guiding artists through the complexities of blockchain, empowering them to share their work in ways they never thought possible. At the same time, we've provided collectors with something rare: NFTs backed by real utility and soul.
|
||||||
|
|
||||||
|
Today, we continue to bridge these worlds, but we've realized that the market needs something more — a complete ecosystem.
|
||||||
|
|
||||||
|
We are building a marketplace designed to uphold the very values we stand for:
|
||||||
|
|
||||||
|
- **Authenticity:** Seamlessly connecting physical art with digital certificates of authenticity.
|
||||||
|
- **Empowerment:** Ensuring artists receive the royalties they deserve for their creative vision.
|
||||||
|
- **Trust:** Providing collectors with the transparency they've been searching for — a definitive, immutable record of provenance, price, and history.
|
||||||
|
|
||||||
|
|
||||||
|
> *The "transparency" everyone talks about?*
|
||||||
|
> *We're making it the foundation of everything we do.*
|
||||||
|
|
||||||
|
Our current fundraising effort is fueled by a desire to bring this vision to life.
|
||||||
|
We aren't just building a product; we are creating a solution that makes the power of blockchain **accessible, meaningful, and joyful** for everyone.
|
||||||
|
|
||||||
|
**Thank you for believing in this journey with us.**
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
**NFA Space stands for Non-Fungible Art.**
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
- Website: https://www.nfa.space
|
||||||
|
- Twitter: https://x.com/spacenfa
|
||||||
|
- Discord: https://discord.com/invite/ZRQcZxvf4k
|
||||||
|
- Telegram: https://t.me/NFAspace
|
||||||
|
|
||||||
|
## Raw Data
|
||||||
|
|
||||||
|
- Launch address: `FfPgTna1xXJJ43S7YkwgspJJMMnvTphMjotnczgegUgV`
|
||||||
|
- Token: 9GR (9GR)
|
||||||
|
- Token mint: `9GRxwRhLodGqrSp9USedY6qGU1JE2HnpLcjBFLpUmeta`
|
||||||
|
- Version: v0.7
|
||||||
|
- Closed: 2026-03-17
|
||||||
190
decisions/internet-finance/open-music-futardio-fundraise.md
Normal file
190
decisions/internet-finance/open-music-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,190 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "Open Music: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[open-music]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "Open Music team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/4R1peXdUehAS1aWCdnrBfLRevGktsKH2euvBLdsYXbWu"
|
||||||
|
proposal_date: 2026-03-03
|
||||||
|
resolution_date: 2026-03-04
|
||||||
|
category: "launch"
|
||||||
|
summary: "Open Music raised $27.5K against $250K target (11% fill rate) for an artist-first streaming platform on Solana — failed and refunded"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# Open Music: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
Open Music, an artist-first streaming platform on Solana that replaces Spotify's pro-rata pool model with direct fan-to-artist payments, attempted to raise $250K through a Futardio ICO. The project attracted only $27.5K in commitments (11% fill rate), making it one of the weakest-performing launches in the v0.7 cohort. The launch failed and all funds were refunded.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $27,533
|
||||||
|
- **Funding Target:** $250,000
|
||||||
|
- **Fill Rate:** 11.0%
|
||||||
|
- **Duration:** 2026-03-03 to 2026-03-04
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
Open Music's 11% fill rate represents one of the weakest commitments in the v0.7 Futardio cohort, despite addressing a real problem (Spotify's $0.003/stream payout to artists). The ambitious $250K target for a two-person team with an MVP at openmusic.art suggests a disconnect between the project's stage and its fundraise ask. The roadmap listed milestones dating back to Q2 2025 — well before the March 2026 launch — which may have signaled execution concerns to potential backers.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
|
||||||
|
- [[open-music]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-03*
|
||||||
|
|
||||||
|
# Open Music — Artist-First Streaming on Solana
|
||||||
|
|
||||||
|
## The Problem
|
||||||
|
|
||||||
|
Spotify made $20 billion last year. The average artist got $0.003 per stream.
|
||||||
|
|
||||||
|
That's not a royalty. That's a rounding error.
|
||||||
|
|
||||||
|
The pro-rata pool model means your streams compete against every other stream on the platform.
|
||||||
|
The top 1% extracts most of the value. Everyone else gets a mystery deposit and no explanation.
|
||||||
|
|
||||||
|
Artists don't own their audience. They don't know who's listening.
|
||||||
|
They can't contact their fans. The platform owns that relationship — and rents it back to you via algorithm.
|
||||||
|
|
||||||
|
Discovery is pay-to-play. Label money gets pushed. Independent artists fight for scraps.
|
||||||
|
|
||||||
|
**This isn't a flawed system. It's a system working exactly as designed — just not for you.**
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## The Solution
|
||||||
|
|
||||||
|
Open Music replaces the pool with a direct model.
|
||||||
|
|
||||||
|
Every subscriber's payment goes **only** to the artists they personally listened to that month.
|
||||||
|
Not split across millions of tracks. Directly to you, proportional to your listeners' time.
|
||||||
|
|
||||||
|
| | Spotify | Open Music |
|
||||||
|
|---|---|---|
|
||||||
|
| Model | Pro-rata global pool | Your listeners only |
|
||||||
|
| Platform cut | ~30% | 10% |
|
||||||
|
| Payout breakdown | None | Full — per listener |
|
||||||
|
| Payout method | Bank (high minimums) | USD wallet + USDC / Solana |
|
||||||
|
|
||||||
|
### What 100 fans actually pays you:
|
||||||
|
- **Spotify:** ~$9/month
|
||||||
|
- **Open Music:** ~$128/month
|
||||||
|
|
||||||
|
The difference isn't a rounding error. It's a different system entirely.
|
||||||
|
|
||||||
|
### Three shifts that matter:
|
||||||
|
|
||||||
|
**01 — Money flows directly to you**
|
||||||
|
No pool. No mystery. Your listeners' subscription goes to you based on their listening, every cycle.
|
||||||
|
|
||||||
|
**02 — Your audience is yours**
|
||||||
|
You see who's listening, who paid you, and how much. No black box. No algorithm controlling your reach.
|
||||||
|
|
||||||
|
**03 — Discovery based on sound, not budget**
|
||||||
|
AI-powered sonic similarity matches your music to listeners based on what it actually sounds like.
|
||||||
|
No promoted slots. No gatekeepers. No label budget required.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Traction
|
||||||
|
|
||||||
|
- MVP is live at openmusic.art
|
||||||
|
- Artists can upload and receive payments today
|
||||||
|
- Early community forming — artists onboarding as co-builders, not beta testers
|
||||||
|
- Built on Solana — payouts in USD wallet + USDC
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Team
|
||||||
|
|
||||||
|
Two full-stack developers with end-to-end ownership of the product —
|
||||||
|
from Solana payment infrastructure to the AI discovery layer to the artist dashboard.
|
||||||
|
|
||||||
|
Raise funds will be used to bring on a third developer to accelerate delivery.
|
||||||
|
|
||||||
|
No VC. No label. No outside agenda. Built by people who were tired of waiting for the industry to fix itself.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Use of Funds
|
||||||
|
|
||||||
|
**Raise target: $250,000**
|
||||||
|
**Monthly burn: ~$25,000**
|
||||||
|
**Runway: ~10 months**
|
||||||
|
|
||||||
|
| Category | Monthly | % |
|
||||||
|
|---|---|---|
|
||||||
|
| Engineering (2 devs + 1 hire) | $18,000 | 72% |
|
||||||
|
| Infrastructure & Solana RPC | $4,000 | 16% |
|
||||||
|
| Growth & Artist Acquisition | $2,000 | 8% |
|
||||||
|
| Legal, Ops & Contingency | $1,000 | 4% |
|
||||||
|
|
||||||
|
Capital is lean by design. Every dollar goes toward shipping and artist onboarding —
|
||||||
|
not marketing spend or vanity metrics.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Roadmap & Milestones
|
||||||
|
|
||||||
|
### Q2 2025 — Foundation
|
||||||
|
- Stable artist upload + payout flow
|
||||||
|
- Direct fan-to-artist payment model live
|
||||||
|
- 50 founding artists onboarded
|
||||||
|
- Solana USDC payout integration
|
||||||
|
|
||||||
|
### Q3 2025 — Discovery
|
||||||
|
- AI sonic similarity engine (v1)
|
||||||
|
- Listener-facing discovery feed
|
||||||
|
- Artist dashboard: who paid, how much, per cycle
|
||||||
|
- Fan subscription management
|
||||||
|
|
||||||
|
### Q4 2025 — Scale
|
||||||
|
- Mobile-optimized experience
|
||||||
|
- Artist analytics + audience ownership tools
|
||||||
|
- 500 active artists
|
||||||
|
- Governance layer + OM token utility
|
||||||
|
|
||||||
|
### Q1 2026 — Ecosystem
|
||||||
|
- Open API for third-party integrations
|
||||||
|
- Label / collective tooling
|
||||||
|
- Cross-platform artist identity (wallet-linked)
|
||||||
|
- 2,000+ artists, measurable payout delta vs Spotify
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Market & Differentiation
|
||||||
|
|
||||||
|
**Target market:**
|
||||||
|
- Independent artists with existing listeners (1K–100K monthly streams)
|
||||||
|
- Solana-native creators and music NFT communities
|
||||||
|
- Fans who want their subscription to actually reach their artists
|
||||||
|
|
||||||
|
**Why now:**
|
||||||
|
The creator economy backlash against platform extraction is at a peak.
|
||||||
|
Artists are actively looking for alternatives. The infrastructure (Solana, USDC, AI)
|
||||||
|
now makes a direct model viable at scale for the first time.
|
||||||
|
|
||||||
|
**Competitive edge:**
|
||||||
|
|
||||||
|
| | Spotify | Bandcamp | Sound.xyz | Open Music |
|
||||||
|
|---|---|---|---|---|
|
||||||
|
| Direct payout model | X | Partial | Partial | Y |
|
||||||
|
| Subscription-based | Y | X | X | Y |
|
||||||
|
| AI sonic discovery | X | X | X | Y |
|
||||||
|
| Artist owns audience | X | X | X | Y |
|
||||||
|
| Onchain / Solana | X | X | Y | Y |
|
||||||
|
|
||||||
|
No one else combines the subscription model, direct payout,
|
||||||
|
AI discovery, and audience ownership in a single platform.
|
||||||
|
|
||||||
|
**That's the moat.**
|
||||||
172
decisions/internet-finance/seekervault-futardio-fundraise-2.md
Normal file
172
decisions/internet-finance/seekervault-futardio-fundraise-2.md
Normal file
|
|
@ -0,0 +1,172 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "SeekerVault: Futardio ICO Launch (2nd Attempt)"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[seekervault]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "@gbflarcos and @Beardkoda"
|
||||||
|
proposal_url: "https://www.futard.io/launch/7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi"
|
||||||
|
proposal_date: 2026-03-08
|
||||||
|
resolution_date: 2026-03-09
|
||||||
|
category: "launch"
|
||||||
|
summary: "SeekerVault raised $2,095 of $50,000 target (4.2% fill rate) in second Futardio launch attempt for decentralized Seeker phone storage"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# SeekerVault: Futardio ICO Launch (2nd Attempt)
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
SeekerVault attempted its second Futardio fundraise to raise $50,000 for decentralized encrypted storage infrastructure targeting 150K+ Solana Seeker phone owners, built on Walrus + Seal. Despite being the highest-committed project in this batch at $2,095, it still fell far short of its $50K target (4.2% fill rate) and triggered refunds. This was SeekerVault's second failed launch on the platform.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $2,095
|
||||||
|
- **Funding Target:** $50,000
|
||||||
|
- **Fill Rate:** 4.2%
|
||||||
|
- **Duration:** 2026-03-08 to 2026-03-09
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
SeekerVault's second failed launch is significant for two reasons. First, it attracted the most capital in this batch ($2.1K), suggesting some genuine investor interest in the Seeker hardware ecosystem play. Second, the repeat failure demonstrates that even projects willing to iterate on the platform cannot overcome Futardio's fundamental liquidity constraints. The project targets a real addressable market (150K+ Seeker devices shipping without decentralized backup), has a working product, and proposed a modest $50K raise -- yet still failed twice.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[seekervault]] — parent entity (second launch attempt; first documented in seekervault-futardio-fundraise.md)
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-08*
|
||||||
|
|
||||||
|
## About SeekerVault
|
||||||
|
|
||||||
|
Every one of the **150,000+ Solana Seeker phones** ships with 128GB of storage — but zero decentralized backup. Right now, those users are forced onto Google Drive and iCloud. That's insane.
|
||||||
|
|
||||||
|
**SeekerVault fixes this.** We're the native encrypted storage layer for Seeker, built on Walrus + Seal. But we're not just a backup tool — we're building the **data monetization protocol** for mobile crypto.
|
||||||
|
|
||||||
|
**Here's the vision:**
|
||||||
|
1. **Encrypted Backup** — Replace iCloud for 150K+ Seeker users. Client-side encryption, decentralized storage. Your keys, your data.
|
||||||
|
2. **AI Agent Vault** — As AI apps flood the Seeker ecosystem, agents will need persistent, encrypted memory. SeekerVault is the secure storage layer for agent context, model outputs, and private data — where no platform can read, revoke, or mine your AI interactions.
|
||||||
|
3. **Creator Vaults** — Token-gated content stores where creators sell encrypted files, research, alpha — directly to subscribers. No middlemen. No deplatforming.
|
||||||
|
4. **Data Marketplace** — A decentralized storefront where anyone can list and sell digital content on-chain.
|
||||||
|
|
||||||
|
### Why This Wins
|
||||||
|
|
||||||
|
- **150K+ captive users** — Every Seeker owner needs backup. We're the only decentralized option.
|
||||||
|
- **AI-ready infrastructure** — Mobile AI is exploding. Every on-device agent needs somewhere to store memory, context, and outputs. SeekerVault is that layer — encrypted and decentralized.
|
||||||
|
- **Working product**
|
||||||
|
- **Revenue from Day 1** — 20MB free tier → 100GB for $10/month payable in SKR. Subscription revenue feeds the treasury.
|
||||||
|
- **SKV utility unlock** — Post-funding, we integrate SKV as a payment option with **discounted storage pricing**. Pay with SKV = cheaper plans. Direct buy pressure from real usage.
|
||||||
|
- **Creator flywheel** — Every creator who shares their Vault link brings new users organically. This is a growth engine, not just a storage tool.
|
||||||
|
|
||||||
|
### Why Hold $SKV?
|
||||||
|
|
||||||
|
This is what makes SeekerVault a **token play**, not just a utility app:
|
||||||
|
|
||||||
|
1. **Discount utility** — Users who pay with SKV get reduced storage pricing. This creates direct, ongoing demand for the token from real users.
|
||||||
|
2. **Subscription revenue** — Primary payments in SKR feed the treasury. SKV payments add a second revenue stream with built-in buy pressure.
|
||||||
|
3. **AI storage demand** — As AI agents ship on Seeker, every app that needs encrypted memory drives storage usage. More agents = more subscriptions = more token demand.
|
||||||
|
4. **Creator economy tax** — % of every storefront transaction flows to the DAO treasury.
|
||||||
|
5. **150K pre-built TAM** — Seeker owners are already crypto-native. Adoption friction = near zero.
|
||||||
|
6. **Treasury grows with usage** — More users + more AI agents = more subscriptions = more revenue to the DAO.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Use of Funds
|
||||||
|
|
||||||
|
| Category | Monthly | Purpose |
|
||||||
|
|----------|---------|---------|
|
||||||
|
| Engineering | $4,000 | Core dev: encryption, storage, mobile UX |
|
||||||
|
| Infrastructure | $3,000 | Walrus nodes, Seal integration, hosting |
|
||||||
|
| Growth & BD | $1,000 | Seeker community partnerships, creator onboarding |
|
||||||
|
| **Total** | **$8,000/mo** | |
|
||||||
|
|
||||||
|
**Runway: 6+ months** to dApp Store listing + Creator Vaults launch.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Roadmap & Milestones
|
||||||
|
|
||||||
|
#### Phase 1 — Ship It (Month 1-2)
|
||||||
|
- Solana dApp Store listing (currently in review)
|
||||||
|
- Storage subscription live: 20MB free / 100GB Pro
|
||||||
|
- Auto-sync for Seeker device backup
|
||||||
|
|
||||||
|
#### Phase 2 — Creator Economy (Month 3-4)
|
||||||
|
- Token-gated Content Vaults
|
||||||
|
- Permissioned sharing via Seal access policies
|
||||||
|
- Creator analytics dashboard
|
||||||
|
|
||||||
|
#### Phase 3 — Marketplace (Month 5-6)
|
||||||
|
- Data Storefront launch
|
||||||
|
- SKV-powered marketplace transactions
|
||||||
|
- Cross-device sync + expanded storage tiers
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Market & Differentiation
|
||||||
|
|
||||||
|
**Target Market:**
|
||||||
|
- 150K+ Seeker device owners (primary — captive audience, zero competition)
|
||||||
|
- Web3 creators seeking un-deplatformable content delivery
|
||||||
|
- Alpha groups needing encrypted distribution
|
||||||
|
|
||||||
|
**Why Not Alternatives?**
|
||||||
|
|
||||||
|
| | SeekerVault | Google Drive | Arweave | IPFS |
|
||||||
|
|---|---|---|---|---|
|
||||||
|
| Encrypted by default | Yes | No | No | No |
|
||||||
|
| Seeker native | Yes | No | No | No |
|
||||||
|
| Content monetization | Yes | No | No | No |
|
||||||
|
| Un-deplatformable | Yes | No | Yes | Yes |
|
||||||
|
| Mobile UX | Yes | Yes | No | No |
|
||||||
|
|
||||||
|
**Competitive moat:** We're the ONLY encrypted storage built natively for Seeker hardware. Period.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Proof of Work
|
||||||
|
|
||||||
|
- **Live product:** [seekervault.xyz](https://seekervault.xyz)
|
||||||
|
- **Demo videos:**
|
||||||
|
- [PDF Preview Demo](https://seekervault.xyz/assets/pdf%20preview%20seekervault.mp4)
|
||||||
|
- [Video Upload Demo](https://seekervault.xyz/assets/video%20demo%20seekervault.mp4)
|
||||||
|
- [Picture Upload Demo](https://seekervault.xyz/assets/Picture%20upload%20seekervault.mp4)
|
||||||
|
- **Legal entity:** SeekerVault DAO (Cayman Islands) with B1 Token Transparency Filing
|
||||||
|
- **dApp Store:** Currently in review for Solana dApp Store listing
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Why Now?
|
||||||
|
|
||||||
|
- **150K+ Seeker devices are shipping NOW** — users are actively searching for backup solutions. First mover wins.
|
||||||
|
- **dApp Store listing in review** — approval is the catalyst for instant distribution to every Seeker owner.
|
||||||
|
- **AI-on-mobile wave is just starting** — first mover for encrypted agent storage on Seeker.
|
||||||
|
- **Zero competition** — no other decentralized storage product exists for Seeker. The window is wide open.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Team
|
||||||
|
|
||||||
|
Two builders, zero fluff. All execution.
|
||||||
|
|
||||||
|
- [@gbflarcos](https://x.com/gbflarcos)
|
||||||
|
- [@Beardkoda](https://x.com/Beardkoda)
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
- **Website:** [seekervault.xyz](https://seekervault.xyz)
|
||||||
|
- **X / Twitter:** [@seekervaultxyz](https://x.com/seekervaultxyz)
|
||||||
|
|
||||||
|
## Raw Data
|
||||||
|
|
||||||
|
- Launch address: `7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi`
|
||||||
|
- Token: J4r (J4r)
|
||||||
|
- Token mint: `J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta`
|
||||||
|
- Version: v0.7
|
||||||
|
- Closed: 2026-03-09
|
||||||
207
decisions/internet-finance/send-arcade-futardio-fundraise.md
Normal file
207
decisions/internet-finance/send-arcade-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,207 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "Send Arcade: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[send-arcade]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "yashhsm (Send Arcade team)"
|
||||||
|
proposal_url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
|
||||||
|
proposal_date: 2026-03-04
|
||||||
|
resolution_date: 2026-03-05
|
||||||
|
category: "launch"
|
||||||
|
summary: "Send Arcade raised $115K against $288K target (40% fill rate) for an on-chain casino on Solana — failed and refunded"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# Send Arcade: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
Send Arcade, a real-money casual gaming arcade built on Solana, attempted to raise $288K through a Futardio ICO to fund approximately 11 months of operations. The project had existing traction with 9M+ on-chain plays and $200K+ ARR from its time under the Send ecosystem, but only attracted $115K in commitments (40% fill rate). The launch failed and all funds were refunded.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $114,933
|
||||||
|
- **Funding Target:** $288,000
|
||||||
|
- **Fill Rate:** 39.9%
|
||||||
|
- **Duration:** 2026-03-04 to 2026-03-05
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
Send Arcade represents the case of a project with real usage metrics (9M+ plays, $200K ARR) that still failed to clear its Futardio raise target. The project was formerly the gaming arm of the Send ecosystem before that token was sunset, making this an attempted re-launch as an independent entity. The 40% fill rate despite existing product traction suggests that the market either valued the project below its $288K ask or had concerns about the transition from the Send ecosystem. This is evidence that existing product-market fit does not guarantee fundraise success in futarchy-governed ICOs.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
|
||||||
|
- [[send-arcade]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-04*
|
||||||
|
|
||||||
|
# Own the speculation layer of the casino.
|
||||||
|
|
||||||
|
Casinos were some of the first apps built in crypto.
|
||||||
|
|
||||||
|
Yet to this day, almost every casino is still blackboxed and centralized.
|
||||||
|
|
||||||
|
You play. They control the backend. You trust the house. Send Arcade exists to change that.
|
||||||
|
|
||||||
|
This is the first time a casino is operated by futarchy.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Who We Are
|
||||||
|
|
||||||
|
Send Arcade is a Real-Money Casual Gaming Arcade built on Solana.(fancy way of saying casino)
|
||||||
|
|
||||||
|
We started Send Arcade under the Send Ecosystem and token $SEND 1.5 years ago. Built 10+ games. 9M+ on-chain plays. $200k+ ARR. Back then, our role was to be the gaming arm of SEND and grow the ecosystem in all directions.
|
||||||
|
|
||||||
|
Then the Send token was sunset 2 months ago. Read here
|
||||||
|
|
||||||
|
So now we are independent, to take this casino to the next level and make it bigger than it ever was.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## The Window
|
||||||
|
|
||||||
|
The Real Money Gaming market is valued in billions. But the window to generate millions here and break the duopoly is small.
|
||||||
|
|
||||||
|
Web3 gaming studios keep trying to build "the one game" that changes everything. but the market doesn't want over-innovation to invent a new category like High-quality FPS shooter that no one asked for.
|
||||||
|
|
||||||
|
Skill-based real money gaming already has a massive market gap waiting to be filled.
|
||||||
|
|
||||||
|
So why not build a casino. With Simple, Skill-based,PvP games. Just games people already play and will gamble upon.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## The Tech
|
||||||
|
|
||||||
|
- Zero backend.
|
||||||
|
- Games fetch their state directly from contracts.
|
||||||
|
- Fully on-chain. Verifiable outcomes. Instant Settlement to blow the mind of normies.
|
||||||
|
- Agent-friendly by default. PvP revenue model.
|
||||||
|
|
||||||
|
If your agent is good enough, it can independently go and make generational wealth for you inside the casino. And because we don't run servers, our operating costs are 90% lower than traditional gaming studios.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## How will the Arcade token go up? The Casino Math
|
||||||
|
|
||||||
|
Think of $ARCADE as a casino chip. When you enter a casino, you buy chips to play.
|
||||||
|
|
||||||
|
Now that the chip is an ownership coin, then the value being generated accrues to holders.
|
||||||
|
|
||||||
|
House always wins. So just own the House. We take our share of revenue from the losing side.
|
||||||
|
|
||||||
|
I dont understand why do people still play in casinos with zero transparency and possible rigging? at least here, everything is verifiable on-chain. If you're going to gamble, you might as well do it in a system you can verify.
|
||||||
|
|
||||||
|
Casinos don't exist to make everyone rich, They exist because of the stakes.
|
||||||
|
|
||||||
|
You wouldn't enjoy poker if you were playing with fake money. The stakes elevate the thrill. The stakes make it real. Betting on yourself is the feature.
|
||||||
|
|
||||||
|
Send Arcade wants to dominate the world of high stakes.
|
||||||
|
|
||||||
|
This ICO is structured so the casino keeps running and the players never doubt the platform they choose to play on.
|
||||||
|
|
||||||
|
You have always been players in the casino, Now you get a chance to own the casino.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Fundraise Goals
|
||||||
|
|
||||||
|
**Minimum raise: $ 288,000 USD**
|
||||||
|
|
||||||
|
Funds will be used to support ~11 months of sending it
|
||||||
|
|
||||||
|
## Roadmap & Milestones
|
||||||
|
|
||||||
|
- **Launch and start season 1 of our flagship game aka FuseMeDaddy on Seeker And Play Solana Console**
|
||||||
|
- Roll out game modes, maps, characters and skins along the upcoming weeks after launch
|
||||||
|
- Release the game on App Store and play store + other publishing venues.
|
||||||
|
- Polish and release the Arcade app with 6 plus minigames.
|
||||||
|
- Revive old titles like Lana Roads
|
||||||
|
- Then we build all the casino-arcade style games that the community wants. The sky is limitless. Own ur ways to get rekt.
|
||||||
|
|
||||||
|
### Ws
|
||||||
|
|
||||||
|
- 2x winner of Blinkathon
|
||||||
|
- Solana AI Hackathon
|
||||||
|
- Realtime Hackathon winner
|
||||||
|
- 5th in Breakout Gaming main track
|
||||||
|
- Winner at the Radar Gaming Side track
|
||||||
|
- Helius Startup launchpad Cohort 1
|
||||||
|
- launched our mini games on farcaster (20k+ plays across 3k+ unique users)
|
||||||
|
- games come preinstalled on playsolana gaming console
|
||||||
|
- Solana Dapp Store (2 published, 2 more in pipeline)
|
||||||
|
- part of various gaming campaigns like @Magicblock Quests, @mattlefun battle contest, @EclipseFND campaigns, @solanagaming etc.
|
||||||
|
|
||||||
|
**Links & Technical Information**
|
||||||
|
|
||||||
|
- Website: https://www.sendarcade.fun/
|
||||||
|
- GitHub: https://github.com/SendArcade
|
||||||
|
- Twitter/X: https://x.com/sendarcadefun
|
||||||
|
- Discord: https://discord.gg/sXzs457S
|
||||||
|
|
||||||
|
**Token name and ticker:**
|
||||||
|
|
||||||
|
Arcade , $ARCADE
|
||||||
|
|
||||||
|
**Minimum raise amount:**
|
||||||
|
|
||||||
|
$288,000
|
||||||
|
|
||||||
|
**Monthly team budget:**
|
||||||
|
|
||||||
|
Enough for running an indie game studio — $20,000 USD
|
||||||
|
|
||||||
|
**Target Runway:** 11 months
|
||||||
|
|
||||||
|
**Performance package configuration:**
|
||||||
|
|
||||||
|
10%
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
## Market & Differentiation
|
||||||
|
|
||||||
|
### Target Market
|
||||||
|
|
||||||
|
Primary:
|
||||||
|
|
||||||
|
- **Adults aged 18–45**, centered around **25–34** — players comfortable with casual mobile games and willing to enter competitive, skill-based tournaments with cash rewards.
|
||||||
|
- Predominantly **U.S. and UK players**, with expanding global reach via mobile installs.
|
||||||
|
- Mixed gender participation that trends heavier toward males but includes a significant female segment drawn to competitive casual play.
|
||||||
|
- Prefer Repeatable play sessions with clear outcomes, instant results, and a sense of progression.
|
||||||
|
- Simple game rules that reward strategy and practice over long time commitments.
|
||||||
|
|
||||||
|
Secondary Market : Solana Degens
|
||||||
|
|
||||||
|
- Strongly biased toward Solana communities like Solana Seeker and Play Solana
|
||||||
|
- They love: high-volatility assets, fast action and new experiences
|
||||||
|
- They hate: slow actions, unfamiliar and complex game rules (games like Catan)
|
||||||
|
|
||||||
|
### Winning Zones
|
||||||
|
|
||||||
|
- Rakeback System (Players play Daily for a chance to win from a shared Pot)
|
||||||
|
- Core PVP Gameplay (Quick Rounds with Real Wagers)
|
||||||
|
- Paid and Collaboration Cosmetics
|
||||||
|
|
||||||
|
### Publishing platforms we are targeting
|
||||||
|
|
||||||
|
- itch.io
|
||||||
|
- GOG.com
|
||||||
|
- humble bundle store
|
||||||
|
- blizzard.com
|
||||||
|
- poki.com
|
||||||
|
- Game Jolt
|
||||||
|
- Kongregate
|
||||||
|
- Addicting Games
|
||||||
|
- Y8
|
||||||
|
- Green Man Gaming
|
||||||
|
- Fanatical
|
||||||
|
- Robot Cache
|
||||||
|
- Ultra.io
|
||||||
142
decisions/internet-finance/sizematters-futardio-fundraise.md
Normal file
142
decisions/internet-finance/sizematters-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,142 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "SizeMatters: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[sizematters]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "SizeMatters team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/CtynMdGE4CwJuUSoYhRf4powwKwT8bWo5Dq2KiBVEiKm"
|
||||||
|
proposal_date: 2026-03-04
|
||||||
|
resolution_date: 2026-03-05
|
||||||
|
category: "launch"
|
||||||
|
summary: "SizeMatters raised $5K against $75K target (6.6% fill rate) for a privacy-first sexual health platform — failed and refunded"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# SizeMatters: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
SizeMatters, a privacy-first sexual health platform combining AI + LiDAR measurements, zero-knowledge proof verification, and social prediction markets, attempted to raise $75K through a Futardio ICO. The project attracted only $4,969 in commitments (6.6% fill rate). The launch failed and all funds were refunded.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $4,969
|
||||||
|
- **Funding Target:** $75,000
|
||||||
|
- **Fill Rate:** 6.6%
|
||||||
|
- **Duration:** 2026-03-04 to 2026-03-05
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
SizeMatters represents one of the more unconventional projects in the Futardio v0.7 cohort, attempting to combine zero-knowledge proofs, computer vision, and social prediction markets in the male sexual health category. The project cited Dr. Kegel (~$300K/month revenue) as a market benchmark, suggesting real demand exists. However, the 6.6% fill rate indicates the Futardio participant base did not find the combination of ZK-verified measurements and social speculation markets compelling enough to fund. This may reflect a mismatch between the project's target market (mainstream wellness consumers) and Futardio's participant profile (crypto-native governance enthusiasts).
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
|
||||||
|
- [[sizematters]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-04*
|
||||||
|
|
||||||
|
# Short Description
|
||||||
|
SizeMatters is a privacy-first sexual health platform that combines AI + LiDAR measurements, zero-knowledge proof verification, and social prediction markets to create trusted progress tracking and the most engaging learning experience in men's wellness.
|
||||||
|
|
||||||
|
# Project Description
|
||||||
|
We are building SizeMatters to become the most trusted and most engaging platform in male sexual health.
|
||||||
|
|
||||||
|
## Social & Build Proof
|
||||||
|
- X @sizemattersfun
|
||||||
|
- First LiDAR implementation demo
|
||||||
|
|
||||||
|
Most products in this category have one of two problems:
|
||||||
|
1. They are engaging but not trustworthy.
|
||||||
|
2. They are educational but boring, so users churn quickly.
|
||||||
|
|
||||||
|
SizeMatters solves both.
|
||||||
|
|
||||||
|
## What Makes SizeMatters Worth Backing
|
||||||
|
We combine three systems into one product:
|
||||||
|
|
||||||
|
1. **ZK-Proof Progress Verification (AI + LiDAR)**
|
||||||
|
Users can scan with supported phone sensors (LiDAR where available + computer vision models) to extract geometric measurements on-device.
|
||||||
|
Instead of exposing private media, we generate cryptographic commitments and zero-knowledge proofs that verify claims (for example, progress ranges) without revealing raw images or sensitive details.
|
||||||
|
We already have a working LiDAR depth-perception implementation and use SOTA YOLO-based detection pipelines to identify and measure objects with high precision.
|
||||||
|
|
||||||
|
2. **Speculation-Driven Social Markets**
|
||||||
|
Traditional prediction markets depend on clear outcomes. We introduce **open-ended social speculation markets** around culture-driven topics (including provocative comparisons that attract attention and discussion).
|
||||||
|
These markets are designed for engagement and sentiment discovery rather than hard settlement, creating ongoing liquidity and repeat interaction loops.
|
||||||
|
|
||||||
|
3. **Full E-Learning + Training Platform**
|
||||||
|
Beyond measurement and social engagement, we provide structured education and guided programs to improve sexual health: pelvic floor training, stamina modules, confidence-building routines, and progress tracking.
|
||||||
|
|
||||||
|
Together, this creates a product users return to daily: learn, train, verify, share, and participate.
|
||||||
|
|
||||||
|
## Why This Can Win
|
||||||
|
Competitors like Dr. Kegel reportedly generate strong monthly revenue (benchmark: ~$300k/month), proving market demand is real.
|
||||||
|
Our advantage is not being "another exercise app." Our moat is the stack:
|
||||||
|
|
||||||
|
1. **Trust Moat:** ZK proofs for private verification.
|
||||||
|
2. **Engagement Moat:** Social speculation markets and community sharing.
|
||||||
|
3. **Outcome Moat:** Practical training + measurable progress.
|
||||||
|
|
||||||
|
Most competitors only own one layer. We own all three.
|
||||||
|
|
||||||
|
## How We Plan to Beat Incumbents
|
||||||
|
### 1) Positioning: "Trust + Results + Social"
|
||||||
|
- Dr. Kegel-style apps: focused mostly on routines.
|
||||||
|
- SizeMatters: routines + proof + culture-layer virality.
|
||||||
|
- Messaging: "Private by default. Provable progress. Socially alive."
|
||||||
|
|
||||||
|
### 2) Product Wedges
|
||||||
|
- **Wedge A:** Free sexual-health assessment + personalized program.
|
||||||
|
- **Wedge B:** Progress proof badges (ZK-verified ranges).
|
||||||
|
- **Wedge C:** Shareable social proof cards and leaderboard mechanics.
|
||||||
|
- **Wedge D:** Speculation markets that drive daily opens and referrals.
|
||||||
|
|
||||||
|
### 3) Distribution Strategy
|
||||||
|
- Organic clips/content from controversial market topics.
|
||||||
|
- Creator partnerships in men's health and self-improvement.
|
||||||
|
- Referral loops tied to proof milestones and market participation.
|
||||||
|
- Community growth via X and GitHub credibility + transparent build logs.
|
||||||
|
|
||||||
|
### 4) Monetization Strategy
|
||||||
|
- Subscription for premium programs and advanced analytics.
|
||||||
|
- Paid "pro" verification features and premium proof artifacts.
|
||||||
|
- Market-related premium access/features (where compliant).
|
||||||
|
- Enterprise/API path for privacy-preserving verification rails.
|
||||||
|
|
||||||
|
### 5) Retention Strategy
|
||||||
|
- Daily streaks and adaptive training plans.
|
||||||
|
- Periodic re-scans with proof milestones.
|
||||||
|
- Social competition and recurring market narratives.
|
||||||
|
- Personalized learning paths tied to user goals.
|
||||||
|
|
||||||
|
## Why Raise $60k Now
|
||||||
|
This raise is for speed to PMF, not vanity spend.
|
||||||
|
We need this capital to finish the production app, train and validate our measurement models on a dataset of **4,000+ synthetic genital images** generated from 3D Blender pipelines, and scale from prototype to reliable consumer product.
|
||||||
|
|
||||||
|
Planned allocation:
|
||||||
|
1. **40% Product + Engineering:** ZK pipeline hardening, AI measurement accuracy, app polish.
|
||||||
|
2. **30% Growth:** creator pilots, content engine, referral campaigns.
|
||||||
|
3. **20% Compliance + Risk Controls:** policy, moderation, legal review for market mechanics.
|
||||||
|
4. **10% Operations:** infra, analytics, and experimentation tooling.
|
||||||
|
|
||||||
|
## 6-Month Execution Plan
|
||||||
|
1. **Month 1-2:** Ship and monetize v1 as a direct Dr. Kegel competitor (guided training + assessment + subscription), launch onboarding funnel.
|
||||||
|
2. **Month 2-3:** Release social speculation markets beta and sharing toolkit.
|
||||||
|
3. **Month 3-4:** Expand e-learning library and adaptive coaching loops.
|
||||||
|
4. **Month 4-5:** Expand AI dataset training with 4,000+ Blender-generated samples; optimize model accuracy and trust metrics.
|
||||||
|
5. **Month 5-6:** Tighten monetization, push retention systems, and scale top channels.
|
||||||
|
|
||||||
|
## What Success Looks Like
|
||||||
|
- Strong day-30 retention driven by training + social loops.
|
||||||
|
- Clear proof that privacy-preserving verification increases trust and conversion.
|
||||||
|
- Repeatable acquisition channel from culture-led content and referrals.
|
||||||
|
- Revenue trajectory that competes directly with top incumbents in this category.
|
||||||
|
|
||||||
|
SizeMatters is not just another wellness app.
|
||||||
|
It is a new category: **provable, private, and socially viral sexual health infrastructure.**
|
||||||
177
decisions/internet-finance/tridash-futardio-fundraise.md
Normal file
177
decisions/internet-finance/tridash-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,177 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "TriDash: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[tridash]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "TriDash team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/5jK8akFVVkM9JAJKps6M9eECCBoSLM7meR2Kf5Kc47f7"
|
||||||
|
proposal_date: 2026-03-05
|
||||||
|
resolution_date: 2026-03-06
|
||||||
|
category: "launch"
|
||||||
|
summary: "TriDash raised $1,740 of $50,000 target (3.5% fill rate) for a real-time prediction market game on Solana"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# TriDash: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
TriDash attempted to raise $50,000 on Futardio to build a fast-paced prediction market game on Solana where players compete by predicting which of three assets will perform best over 60-second rounds. The raise attracted only $1,740 in commitments (3.5% of target), failing to meet the funding threshold and triggering refunds.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $1,740
|
||||||
|
- **Funding Target:** $50,000
|
||||||
|
- **Fill Rate:** 3.5%
|
||||||
|
- **Duration:** 2026-03-05 to 2026-03-06
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
TriDash represents an attempt to gamify prediction markets into short-duration competitive rounds, reducing resolution times from days to seconds. The failed raise suggests the Futardio platform struggles to attract capital even for modest $50K targets, and that gamified prediction market concepts without established traction face skepticism from futarchy-aligned investors.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[tridash]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-05*
|
||||||
|
|
||||||
|
# TriDash
|
||||||
|
|
||||||
|
**3 Assets. 60 Seconds. 1 Winner.**
|
||||||
|
|
||||||
|
TriDash is a fast-paced prediction market on Solana where players compete by predicting which asset will perform best over a 60-second round.
|
||||||
|
|
||||||
|
Each round selects three assets. Players bet on the asset they believe will outperform the others during the round. When the timer ends, the asset with the highest price movement wins and the reward pool is distributed to the winning bets.
|
||||||
|
|
||||||
|
Unlike traditional prediction markets that resolve in hours or days, TriDash resolves in seconds.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# How It Works
|
||||||
|
|
||||||
|
Each round runs through three phases.
|
||||||
|
|
||||||
|
**Observe**
|
||||||
|
Players watch price movement and prepare their strategy.
|
||||||
|
|
||||||
|
**Bet**
|
||||||
|
Players select the asset they believe will perform best.
|
||||||
|
|
||||||
|
**Resolve**
|
||||||
|
Price movements are calculated and the winning asset is determined. Winners receive the reward pool.
|
||||||
|
|
||||||
|
Rounds repeat continuously, creating a fast and competitive gameplay loop.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Game Modes
|
||||||
|
|
||||||
|
TriDash supports two gameplay modes.
|
||||||
|
|
||||||
|
**Pool Mode**
|
||||||
|
Players bet against each other. Winners split the pool.
|
||||||
|
|
||||||
|
**House Mode**
|
||||||
|
Players bet against the protocol when only one side of a market is available. This ensures rounds can still run even when player liquidity is uneven during the early stages of the protocol.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Why Now
|
||||||
|
|
||||||
|
Most prediction markets resolve slowly and are difficult for casual users to engage with.
|
||||||
|
|
||||||
|
TriDash focuses on:
|
||||||
|
|
||||||
|
- extremely short resolution times
|
||||||
|
- simple prediction mechanics
|
||||||
|
- continuous gameplay loops
|
||||||
|
- real-time market competition
|
||||||
|
|
||||||
|
The result is a prediction market that feels more like a fast multiplayer game.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# DAO Funding
|
||||||
|
|
||||||
|
This fundraise establishes the **TriDash DAO treasury**.
|
||||||
|
|
||||||
|
The treasury funds development, infrastructure, liquidity, and ecosystem growth for the protocol.
|
||||||
|
|
||||||
|
Funding priorities include:
|
||||||
|
|
||||||
|
- core gameplay and protocol development
|
||||||
|
- infrastructure and backend services
|
||||||
|
- bootstrapping gameplay liquidity
|
||||||
|
- community growth and partnerships
|
||||||
|
- independent smart contract security audits
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Revenue Model
|
||||||
|
|
||||||
|
TriDash generates revenue through gameplay activity including protocol fees and house edge.
|
||||||
|
|
||||||
|
Protocol revenue accrues to the **DAO treasury**.
|
||||||
|
|
||||||
|
Governance may allocate treasury funds toward:
|
||||||
|
|
||||||
|
- development and maintenance
|
||||||
|
- liquidity support
|
||||||
|
- ecosystem incentives
|
||||||
|
- token buybacks
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Use of Funds
|
||||||
|
|
||||||
|
Funding will accelerate development and bootstrap gameplay liquidity.
|
||||||
|
|
||||||
|
**Monthly Burn Estimate**
|
||||||
|
|
||||||
|
Development — ~$5,000 / month
|
||||||
|
Core protocol and gameplay development.
|
||||||
|
|
||||||
|
House Liquidity — ~$1,000 / month
|
||||||
|
Initial bootstrap liquidity for house-mode rounds during early stages. Liquidity expands as player pools and protocol revenue grow.
|
||||||
|
|
||||||
|
Infrastructure — ~$1,000 / month
|
||||||
|
RPC providers, backend services, indexing, hosting.
|
||||||
|
|
||||||
|
Growth & Community — ~$1,000 / month
|
||||||
|
Community incentives and partnerships.
|
||||||
|
|
||||||
|
**Total Monthly Burn**
|
||||||
|
|
||||||
|
~$8,000 / month
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
# Runway
|
||||||
|
|
||||||
|
The minimum raise provides approximately **5-6 months of runway**.
|
||||||
|
|
||||||
|
Additional funding will extend runway and accelerate development and ecosystem growth.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Website: https://tridash.xyz
|
||||||
|
|
||||||
|
## Links
|
||||||
|
|
||||||
|
- Website: https://www.tridash.xyz/
|
||||||
|
- Twitter: https://x.com/tridashgame
|
||||||
|
- Telegram: https://t.me/tridashgame
|
||||||
|
|
||||||
|
## Raw Data
|
||||||
|
|
||||||
|
- Launch address: `5jK8akFVVkM9JAJKps6M9eECCBoSLM7meR2Kf5Kc47f7`
|
||||||
|
- Token: P2v (P2v)
|
||||||
|
- Token mint: `P2vLq4msQViYT28eNYm9k7xGefR55zxtg5e5r1Bmeta`
|
||||||
|
- Version: v0.7
|
||||||
|
- Closed: 2026-03-06
|
||||||
145
decisions/internet-finance/valgrid-futardio-fundraise.md
Normal file
145
decisions/internet-finance/valgrid-futardio-fundraise.md
Normal file
|
|
@ -0,0 +1,145 @@
|
||||||
|
---
|
||||||
|
type: decision
|
||||||
|
entity_type: decision_market
|
||||||
|
name: "Valgrid: Futardio ICO Launch"
|
||||||
|
domain: internet-finance
|
||||||
|
status: failed
|
||||||
|
parent_entity: "[[valgrid]]"
|
||||||
|
platform: "futardio"
|
||||||
|
proposer: "Valgrid team"
|
||||||
|
proposal_url: "https://www.futard.io/launch/BY1uzGNg8Yb5kPEhXrXA9VA4geHSpEdzBcTvPt7qWnpY"
|
||||||
|
proposal_date: 2026-03-14
|
||||||
|
resolution_date: 2026-03-16
|
||||||
|
category: "launch"
|
||||||
|
summary: "Valgrid raised $8.5K against $150K target (5.6% fill rate) for an automated grid trading platform on Solana — failed and refunded"
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-24
|
||||||
|
---
|
||||||
|
|
||||||
|
# Valgrid: Futardio ICO Launch
|
||||||
|
|
||||||
|
## Summary
|
||||||
|
|
||||||
|
Valgrid, an automated grid trading platform on Solana with an AI-powered trading agent called AVA (built on OpenClaw), attempted to raise $150K through a Futardio ICO. The project attracted only $8,470 in commitments (5.6% fill rate) despite having a live beta product. The launch failed and all funds were refunded.
|
||||||
|
|
||||||
|
## Market Data
|
||||||
|
- **Outcome:** Failed (Refunding)
|
||||||
|
- **Total Committed:** $8,470
|
||||||
|
- **Funding Target:** $150,000
|
||||||
|
- **Fill Rate:** 5.6%
|
||||||
|
- **Duration:** 2026-03-14 to 2026-03-16
|
||||||
|
|
||||||
|
## Significance
|
||||||
|
|
||||||
|
Valgrid's low fill rate is notable given that automated trading tools represent a clear product-market fit in crypto markets. The project had a live beta at valgrid.co and a defined $20K/month budget ($15K team, $5K operations). The 5.6% fill rate suggests that either the $150K target was too high for the project's stage, the market for trading infrastructure on Futardio was saturated, or by mid-March the v0.7 cohort was experiencing general fundraise fatigue. As one of the later launches in the batch, Valgrid may also reflect declining participant capital availability.
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
|
||||||
|
- [[valgrid]] — parent entity
|
||||||
|
- [[metadao]] — ICO platform
|
||||||
|
|
||||||
|
## Full Proposal Text
|
||||||
|
|
||||||
|
*Source: futard.io, launched 2026-03-14*
|
||||||
|
|
||||||
|
Valgrid Beta is now live! Try our grid bot now, earn from price movement and never miss a swing! Try now at https://valgrid.co/
|
||||||
|
|
||||||
|
**Valgrid is building the automation layer for trading.**
|
||||||
|
|
||||||
|
Crypto markets move fast, operate 24/7, and span dozens of exchanges and ecosystems. Yet most traders still rely on manual execution, emotional decision-making, and constant chart watching.
|
||||||
|
|
||||||
|
Valgrid changes that.
|
||||||
|
|
||||||
|
Valgrid is an automated trading platform designed to help users deploy structured strategies that run continuously, removing emotion from the process and replacing it with disciplined execution.
|
||||||
|
|
||||||
|
At its core, Valgrid focuses on **grid trading**, a strategy that places automated buy and sell orders within a defined price range. Instead of trying to predict where the market will move, grid strategies profit from **volatility and price movement**, automatically buying low and selling high as markets fluctuate.
|
||||||
|
|
||||||
|
With Valgrid, users can easily deploy grid strategies in minutes. Simply choose a trading pair, define your price range, select the number of grids, and allocate capital. Once deployed, the strategy runs automatically and executes trades 24/7.
|
||||||
|
|
||||||
|
But Valgrid goes beyond simple automation.
|
||||||
|
|
||||||
|
We are introducing **AVA**, Valgrid's AI-powered trading agent built with **OpenClaw**.
|
||||||
|
|
||||||
|
AVA acts as an intelligent automation layer on top of Valgrid's trading infrastructure. Users will be able to deploy AI agents that monitor strategies, help adjust parameters, analyze market conditions, and manage automated systems more efficiently.
|
||||||
|
|
||||||
|
Instead of constantly reacting to the market, traders can design systems and allow intelligent agents to execute them.
|
||||||
|
|
||||||
|
Together, **Valgrid and AVA transform trading from a manual process into a systematic one.**
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
### Long-Term Vision
|
||||||
|
|
||||||
|
Our long-term goal is to expand Valgrid into a full **automation ecosystem for trading**, including:
|
||||||
|
|
||||||
|
- Automated **grid trading across multiple DEXs**
|
||||||
|
- Support for **different trading protocols and liquidity venues**
|
||||||
|
- **AI-powered strategy management** through AVA
|
||||||
|
- **Portfolio rebalancing automation**
|
||||||
|
- A **browser wallet and Chrome extension**
|
||||||
|
- A **mobile application** for monitoring and control
|
||||||
|
|
||||||
|
Over time, Valgrid will expand beyond a single ecosystem.
|
||||||
|
|
||||||
|
Our vision is to support **multi-chain trading across major blockchain networks**, allowing strategies to operate seamlessly across different chains and liquidity environments.
|
||||||
|
|
||||||
|
We also plan to support **tokenized stocks and traditional assets**, allowing users to apply automated trading strategies not just to crypto, but to a broader set of financial markets.
|
||||||
|
|
||||||
|
By integrating across multiple chains, DEXs, and asset types, Valgrid aims to become the **automation layer for modern trading infrastructure**.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
**Timeline**
|
||||||
|
|
||||||
|
Month 0–3
|
||||||
|
|
||||||
|
- Expand grid trading infrastructure
|
||||||
|
- Integrate multiple Solana DEXs
|
||||||
|
- Launch AVA, the AI trading agent powered by OpenClaw
|
||||||
|
- Enable AI-assisted strategy monitoring and management
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Month 3–6
|
||||||
|
- Introduce multi-chain support across additional blockchain networks
|
||||||
|
- Add support for tokenized stocks and additional asset types
|
||||||
|
- Expand trading integrations across more decentralized exchanges
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Month 6+
|
||||||
|
- Launch the Valgrid portfolio rebalancer
|
||||||
|
- Release the Valgrid wallet and Chrome extension
|
||||||
|
- Expand automation tools and strategy management features
|
||||||
|
- Continue building the automation ecosystem for traders
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
**Budget Breakdown**
|
||||||
|
|
||||||
|
Valgrid operates with a focused and efficient development budget designed to prioritize product development, infrastructure, and growth. The total monthly operating budget for the project is $20,000, which is allocated between team development and operational costs.
|
||||||
|
|
||||||
|
**Team – $15,000 / month**
|
||||||
|
|
||||||
|
The majority of the budget is dedicated to the core team responsible for building and maintaining Valgrid. This includes development, infrastructure design, product development, and ongoing platform improvements. With four core team members working on the project, this allocation supports engineering, product management, and continuous development of the platform's automation tools, trading infrastructure, and AI systems such as AVA.
|
||||||
|
|
||||||
|
**Operations, Infrastructure, and Growth – $5,000 / month**
|
||||||
|
|
||||||
|
The remaining portion of the budget is allocated to the operational side of the project. This includes server hosting, backend infrastructure, API services, database management, and the systems required to run automated trading strategies reliably. It also covers marketing and advertising efforts aimed at growing the Valgrid user base, including social media campaigns, community growth, and promotional activities.
|
||||||
|
|
||||||
|
This structure ensures that the majority of resources are focused on building the platform while still maintaining the infrastructure and marketing necessary to scale the project.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
Markets operate **24 hours a day**.
|
||||||
|
|
||||||
|
Automation should too.
|
||||||
|
|
||||||
|
Valgrid isn't just another trading tool — it's infrastructure for the next generation of systematic trading.
|
||||||
|
|
||||||
|
---
|
||||||
|
|
||||||
|
- Website: https://valgrid.co/
|
||||||
|
- Twitter: https://x.com/ValgridPlatform
|
||||||
|
- Telegram: https://t.me/valgridplatform
|
||||||
|
- Support (Discord): https://discord.gg/kYpryzFF
|
||||||
40
entities/internet-finance/jito.md
Normal file
40
entities/internet-finance/jito.md
Normal file
|
|
@ -0,0 +1,40 @@
|
||||||
|
---
|
||||||
|
type: entity
|
||||||
|
entity_type: protocol
|
||||||
|
name: Jito
|
||||||
|
domain: internet-finance
|
||||||
|
status: active
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-25
|
||||||
|
---
|
||||||
|
|
||||||
|
# Jito
|
||||||
|
|
||||||
|
## Overview
|
||||||
|
Jito is core infrastructure on Solana operating across three verticals: MEV infrastructure (Jito-Solana validator client runs on ~94% of Solana active stake), liquid staking (JitoSOL — first Solana LST to include MEV rewards, 14.5M+ SOL staked), and restaking (Node Consensus Networks / NCNs for decentralized services reaching on-chain consensus on off-chain data).
|
||||||
|
|
||||||
|
Jito Labs built the Block Engine processing transaction bundles from searchers, generating $750M+ in additional revenue for the Solana network. In 2025, Jito launched BAM (Block Assembly Marketplace) — a decentralized block-building architecture replacing the proprietary Block Engine with open-source, programmable infrastructure.
|
||||||
|
|
||||||
|
## Key Details
|
||||||
|
- **Token:** JTO (1B total supply, ~451M circulating)
|
||||||
|
- **Contract:** jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL
|
||||||
|
- **TVL:** ~$2.1B (March 2026)
|
||||||
|
- **Founded:** 2021 by Lucas Bruder (CEO) and Zanyar Sherwani (CTO)
|
||||||
|
- **Funding:** $12.1M total ($2.1M seed + $10M Series A led by Multicoin Capital and Framework Ventures)
|
||||||
|
- **Structure:** Jito Labs (company) + Jito Foundation (non-profit, governs JTO)
|
||||||
|
- **Website:** jito.network
|
||||||
|
|
||||||
|
## Futarchy Adoption
|
||||||
|
Jito used MetaDAO's futarchy mechanism for JIP-10 (January 2025) — the first futarchy governance decision by one of Solana's largest protocols. The decision approved adding a JTO Vault to the TipRouter NCN, with ~150 trades and $84K trading volume over 5 days. JTO Vault earns 15bps from the 3% TipRouter fee.
|
||||||
|
|
||||||
|
## Timeline
|
||||||
|
- **2021** — Jito Labs founded
|
||||||
|
- **2023-12** — JTO token airdrop to JitoSOL holders
|
||||||
|
- **2025-01-13** — [[jito-jto-vault-tiprouter]] passed via MetaDAO futarchy (JIP-10)
|
||||||
|
- **2025-01-30** — TipRouter NCN went live
|
||||||
|
- **2025-09** — BAM (Block Assembly Marketplace) launched on mainnet
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[metadao]] — futarchy governance provider (FaaS customer)
|
||||||
|
- [[futardio]] — platform used for JIP-10 decision
|
||||||
|
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — Jito adoption demonstrates FaaS reaching major Solana protocols
|
||||||
39
entities/internet-finance/kyros.md
Normal file
39
entities/internet-finance/kyros.md
Normal file
|
|
@ -0,0 +1,39 @@
|
||||||
|
---
|
||||||
|
type: entity
|
||||||
|
entity_type: protocol
|
||||||
|
name: Kyros
|
||||||
|
domain: internet-finance
|
||||||
|
status: active
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-25
|
||||||
|
---
|
||||||
|
|
||||||
|
# Kyros
|
||||||
|
|
||||||
|
## Overview
|
||||||
|
Kyros is a liquid restaking protocol on Solana, built on Jito (Re)staking infrastructure. Users deposit SOL or JitoSOL and receive liquid restaking tokens (kySOL, kyJTO) that combine staking rewards, MEV rewards, and additional restaking rewards from Node Consensus Networks (NCNs).
|
||||||
|
|
||||||
|
KyrosDAO LLC is structured as a DAO with futarchy governance via MetaDAO. Mint authority is fully delegated to MetaDAO futarchy — tokens can be re-created under governance if needed, which enabled the burn of unclaimed airdrop tokens without permanent supply loss risk.
|
||||||
|
|
||||||
|
## Key Details
|
||||||
|
- **Token:** KYROS (original 50M supply, reduced to ~45.58M after airdrop burn)
|
||||||
|
- **Products:** kySOL (liquid restaking for SOL), kyJTO (liquid restaking for JTO)
|
||||||
|
- **TVL:** ~$36.3M (84% kySOL, 16% kyJTO)
|
||||||
|
- **Holders:** ~15,000 combined (kySOL + kyJTO)
|
||||||
|
- **Launch:** No private investors — fair launch, DEX-focused distribution
|
||||||
|
- **Airdrop:** 25% of supply (12.5M) distributed October 2025; 38.25% unclaimed and burned January 2026
|
||||||
|
- **Website:** kyros.fi
|
||||||
|
|
||||||
|
## Futarchy Governance
|
||||||
|
- Mint authority delegated to MetaDAO futarchy
|
||||||
|
- Known decision: [[kyros-burn-unclaimed-airdrop]] — burned 4.42M unclaimed KYROS (passed January 2026)
|
||||||
|
|
||||||
|
## Timeline
|
||||||
|
- **2025-09-30** — Airdrop snapshot
|
||||||
|
- **2025-10-09** — KYROS token listing
|
||||||
|
- **2026-01-13** — [[kyros-burn-unclaimed-airdrop]] passed: burn 4.42M unclaimed tokens
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[jito]] — built on Jito restaking infrastructure
|
||||||
|
- [[metadao]] — futarchy governance provider
|
||||||
|
- [[futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations]] — mint authority delegation enables reversible burns
|
||||||
44
entities/internet-finance/marinade.md
Normal file
44
entities/internet-finance/marinade.md
Normal file
|
|
@ -0,0 +1,44 @@
|
||||||
|
---
|
||||||
|
type: entity
|
||||||
|
entity_type: protocol
|
||||||
|
name: Marinade Finance
|
||||||
|
domain: internet-finance
|
||||||
|
status: active
|
||||||
|
tracked_by: rio
|
||||||
|
created: 2026-03-25
|
||||||
|
---
|
||||||
|
|
||||||
|
# Marinade Finance
|
||||||
|
|
||||||
|
## Overview
|
||||||
|
Marinade Finance is the oldest liquid staking protocol on Solana (launched 2021), pioneering mSOL — the first liquid staking token on the network. Marinade decentralizes Solana by automatically delegating stake across 100+ high-quality validators.
|
||||||
|
|
||||||
|
Key innovation: the Stake Auction Marketplace (SAM), where validators competitively bid for stakers' delegated SOL (similar to Google Ads model). Validators share revenue via bids, improving staker APY. SAM 2.0 launched August 2024.
|
||||||
|
|
||||||
|
## Key Details
|
||||||
|
- **Token:** MNDE (1B total supply, ~547M circulating)
|
||||||
|
- **Products:** mSOL (liquid staking), Marinade Native (direct staking), Marinade Select (institutional), SAM (validator marketplace), Instant Unstake
|
||||||
|
- **TVL:** ~$740M total
|
||||||
|
- **Marinade Native:** 5.3M SOL (surpassed mSOL, 21% QoQ growth)
|
||||||
|
- **Marinade Select:** 3.1M+ SOL (institutional)
|
||||||
|
- **Validators:** 100+ active delegations
|
||||||
|
- **Website:** marinade.finance
|
||||||
|
|
||||||
|
## Futarchy Adoption
|
||||||
|
Marinade used MetaDAO's futarchy mechanism for MIP.5 (February 2025) — routing a percentage of SAM bids to MNDE-Enhanced Stakers. The community first passed a Realms vote authorizing futarchy to make the determination, then the MetaDAO market cleared the 3% TWAP threshold at 5.319%. MIP.11 (MNDE token buybacks) was also approved through futarchy.
|
||||||
|
|
||||||
|
## SAM Mechanics
|
||||||
|
- Validators bid on stakers' SOL deposits, creating price competition
|
||||||
|
- Performance fee: conditional — only charged when Marinade APY outperforms Solana Staking Rate (changed under MIP.18, Feb 2026)
|
||||||
|
- MIP.5 routes 0.95% of performance fees to eligible MNDE-enhanced stakers who direct stake to validators with winning bids
|
||||||
|
|
||||||
|
## Timeline
|
||||||
|
- **2021** — Marinade Finance launched, mSOL created
|
||||||
|
- **2024-08** — SAM 2.0 launched
|
||||||
|
- **2025-02-04** — [[marinade-sam-bids-mnde-stakers]] passed via MetaDAO futarchy (MIP.5)
|
||||||
|
- **2025-11** — Marinade Select surpasses 3.1M SOL TVL
|
||||||
|
|
||||||
|
## Relationship to KB
|
||||||
|
- [[metadao]] — futarchy governance provider (FaaS customer)
|
||||||
|
- [[futardio]] — platform used for MIP.5 decision
|
||||||
|
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — Marinade adoption extends futarchy to major Solana protocols
|
||||||
Loading…
Reference in a new issue