rio: extract from 2026-03-05-futardio-launch-git3.md

- Source: inbox/archive/2026-03-05-futardio-launch-git3.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
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Teleo Agents 2026-03-12 10:51:32 +00:00
parent ba4ac4a73e
commit 8c303c80ef
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@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
- **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
- **2026-03-05** — [[git3-futardio-fundraise]] launched: $100K target for on-chain Git infrastructure, closed 2026-03-06 with $28,266 (28.3%), status refunding
## Competitive Position
- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
- **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."

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@ -0,0 +1,53 @@
---
type: entity
entity_type: decision_market
name: "Git3: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[git3]]"
platform: "futardio"
proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: "fundraise"
summary: "Git3 raised $28,266 of $100K target (28.3%) for on-chain Git infrastructure before refunding"
key_metrics:
funding_target: "$100,000"
total_committed: "$28,266"
oversubscription_ratio: 0.283
token: "6VT"
token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
tracked_by: rio
created: 2026-03-11
---
# Git3: Futardio Fundraise
## Summary
Git3 launched a $100K fundraise on Futardio to fund 12-13 months of development for on-chain Git infrastructure. The project proposed bringing Git repositories on-chain via Irys blockchain with GitHub Actions integration, repository NFTs, and x402 protocol monetization. The raise closed after one day with $28,266 committed (28.3% of target) and entered refunding status.
## Market Data
- **Outcome:** Failed (refunding)
- **Platform:** Futardio v0.7
- **Funding Target:** $100,000
- **Total Committed:** $28,266 (28.3%)
- **Launch Date:** 2026-03-05
- **Close Date:** 2026-03-06
- **Token:** 6VT
- **Monthly Burn:** ~$8,000 (team $5K, infrastructure $2K, marketing $1K)
## Significance
This fundraise represents an early test of futarchy-governed capital formation for developer infrastructure. The 28.3% fill rate suggests either insufficient market validation for the Code as Asset thesis, timing issues, or platform liquidity constraints. The one-day duration before closure indicates rapid market consensus on viability.
The proposal's emphasis on "vampire attack" strategy (GitHub Actions integration without workflow disruption) and x402 protocol monetization aligns with Living Capital's thesis on permissionless capital formation, but market response suggests skepticism about execution risk or market timing.
## Relationship to KB
- [[git3]] — parent entity
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy infrastructure provider
- Related to [[cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face]]
- Related to [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]]

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@ -0,0 +1,37 @@
---
type: entity
entity_type: company
name: "Git3"
domain: internet-finance
status: active
founded: 2025
website: "https://git3.io"
twitter: "https://x.com/TryGit3"
telegram: "https://t.me/Git3io"
key_people:
- "Git3 team"
key_metrics:
funding_target: "$100,000"
total_committed: "$28,266"
status: "refunding"
launch_date: "2026-03-05"
platform: "Futardio"
tracked_by: rio
created: 2026-03-11
---
# Git3
Git3 is infrastructure that brings Git repositories on-chain, enabling code ownership, censorship resistance, and monetization through the x402 protocol. Built on Irys blockchain, Git3 stores complete Git history as on-chain NFTs with seamless GitHub Actions integration.
## Timeline
- **2025-Q1** — MVP launched at git3.io with terminal interface, GitHub OAuth, and Irys blockchain integration
- **2026-03-05** — Futardio fundraise launched targeting $100K for 12-13 month runway
- **2026-03-06** — Fundraise closed with $28,266 committed (28.3% of target), status: refunding
## Relationship to KB
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy governance infrastructure
- Related to Code as Asset (CAA) thesis and x402 protocol monetization

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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
date: 2026-03-05
domain: internet-finance
format: data
status: unprocessed
status: processed
tags: [futardio, metadao, futarchy, solana]
event_type: launch
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Factual launch data for Git3 fundraise on Futardio. No novel claims extracted — the source is primarily a pitch deck with standard startup positioning (vampire attack strategy, Code as Asset thesis, x402 monetization). The 28.3% fill rate is a data point, not a claim. Entity files created for Git3 company and the fundraise decision market. No enrichments to existing claims as this is a new project with no prior KB coverage."
---
## Launch Details
@ -268,3 +272,13 @@ Future revenue streams include enterprise licensing, premium features, and custo
- Token mint: `6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta`
- Version: v0.7
- Closed: 2026-03-06
## Key Facts
- Git3 MVP live at git3.io with GitHub OAuth and Irys blockchain integration
- Git3 fundraise target: $100K for 12-13 month runway
- Git3 fundraise result: $28,266 committed (28.3% of target)
- Git3 monthly burn rate: ~$8K (team $5K, infrastructure $2K, marketing $1K)
- Git3 built on Irys blockchain with 100K+ TPS, 1ms latency
- Git3 token: 6VT (mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta)
- Git3 fundraise closed 2026-03-06 in refunding status