diff --git a/entities/internet-finance/cloak.md b/entities/internet-finance/cloak.md new file mode 100644 index 00000000..256299a1 --- /dev/null +++ b/entities/internet-finance/cloak.md @@ -0,0 +1,32 @@ +--- +type: entity +entity_type: company +name: "Cloak" +domain: internet-finance +status: failed +founded: 2026 +platform: futardio +key_metrics: + raise_target: "$300,000" + total_committed: "$1,455" + ico_price: "$0.03" + token_supply: "15,900,000" + circulating_at_launch: "12,900,000" + team_allocation: "3,000,000 (performance-locked)" +tracked_by: rio +created: 2026-03-11 +--- + +# Cloak + +Cloak is a privacy infrastructure protocol on Solana that enables private DCA (dollar-cost averaging) through ZK-proof privacy pools and session wallet architecture. The protocol routes trades through unlinkable wallets to prevent on-chain surveillance, MEV extraction, and copy trading. Launched via Futardio fundraise on 2026-03-03, the raise failed to meet its $300K target within 24 hours, collecting only $1,455 before entering refund status. + +## Timeline +- **2026-03-03** — Futardio fundraise launched targeting $300K for 24-month runway; private beta live on mainnet with SOL, cbBTC, ZEC support and Oro (tokenized gold) integration +- **2026-03-04** — Fundraise closed in refunding status after collecting $1,455 of $300K target (0.49% of goal) + +## Relationship to KB +- [[futardio]] — launch platform +- [[MetaDAO]] — futarchy governance infrastructure +- [[Jupiter]] — DEX integration for trade execution +- [[privacy-infrastructure]] — ZK-proof privacy pools via Privacy.cash \ No newline at end of file diff --git a/inbox/archive/2026-03-03-futardio-launch-cloak.md b/inbox/archive/2026-03-03-futardio-launch-cloak.md index 9615b383..6ad8e405 100644 --- a/inbox/archive/2026-03-03-futardio-launch-cloak.md +++ b/inbox/archive/2026-03-03-futardio-launch-cloak.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/9MqyiXXJUAXQ1Uy5j2EV8hq21UeR3ruukWkZ1XGNhg3R" date: 2026-03-03 domain: internet-finance format: data -status: unprocessed +status: 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: "Futardio launch for Cloak privacy DCA protocol. Failed fundraise (0.49% of target). Entity created for failed launch. No novel claims extracted — privacy DCA mechanics and futarchy fundraising dynamics already covered in existing KB claims. Source contains detailed technical architecture and team info but no arguable propositions beyond what's already captured in existing futarchy and privacy infrastructure claims." --- ## Launch Details @@ -217,3 +221,13 @@ Worst case: the first and only private DCA product on Solana, used by whales who - Token mint: `8RSpKqJFeF6ipThWDXP284mE2ufmfeHwjdEjduQ2meta` - Version: v0.7 - Closed: 2026-03-04 + + +## Key Facts +- Cloak raised $1,455 of $300,000 target (0.49%) before entering refund status (2026-03-04) +- Cloak integrated Privacy.cash ZK-proof privacy pools on Solana mainnet +- Cloak was first protocol to offer private DCA into RWAs (Oro tokenized gold) +- Team structure: 2 founders (Vaibhav, Prasad), $10K/month burn rate, 24-month runway target +- Token allocation: 62.9% ICO, 18.2% liquidity, 18.9% team (performance-locked with 2x-32x price triggers) +- Cloak built during Solana Cypherpunk Hackathon, launched private beta on mainnet +- MEV extraction on Solana estimated at $370M-$500M over 16 months (mid-2025)