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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@ -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]] failed: Git3 raised $28,266 of $100K target before 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 attempted to raise $100K for on-chain Git infrastructure development through Futardio but reached only 28% of target"
key_metrics:
raise_target: "$100,000"
total_committed: "$28,266"
oversubscription_ratio: 0.28
outcome: "refunding"
tracked_by: rio
created: 2026-03-11
---
# Git3: Futardio Fundraise
## Summary
Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to fund 12-13 months of development for on-chain Git infrastructure. The raise attracted $28,266 in commitments (28% of target) before closing in refunding status after one day.
## Market Data
- **Outcome:** Failed (refunding)
- **Target:** $100,000
- **Committed:** $28,266
- **Duration:** 1 day (2026-03-05 to 2026-03-06)
- **Token:** 6VT
- **Token mint:** 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta
## Use of Funds Plan
The proposal outlined $8,000/month burn rate:
- Team: ~$5,000/month (engineering, product, security)
- Infrastructure: ~$2,000/month (Irys storage, cloud compute, GitHub Actions)
- Marketing & Ecosystem: ~$1,000/month (developer community, partnerships, content)
## Significance
This represents an early-stage infrastructure project attempting to use futarchy-governed fundraising for developer tools. The 28% subscription rate suggests either insufficient market validation for on-chain Git infrastructure or inadequate community building before launch. The project had live MVP at git3.io but failed to attract sufficient capital through the futarchy mechanism.
## Relationship to KB
- [[git3]] — parent entity
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy infrastructure provider

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---
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_metrics:
mvp_status: "live"
blockchain: "Irys"
protocol: "x402"
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. Repositories are stored permanently on Irys blockchain as NFTs, with each repository representing a unique on-chain asset. The platform uses a "vampire attack" strategy through GitHub Actions integration, allowing developers to maintain existing workflows while gaining blockchain benefits.
## Timeline
- **2025-Q1** — MVP launched at git3.io with terminal interface, GitHub OAuth integration, and complete Git history import to Irys blockchain
- **2026-03-05** — Futardio fundraise launched targeting $100,000 for 12-13 month runway; raised $28,266 before refunding
## Relationship to KB
- [[futardio]] — fundraising platform used for capital raise
- [[MetaDAO]] — futarchy governance infrastructure
- Related to x402 protocol for payment rails and agent interoperability
- Targets developer economy ($500B+ market) through code 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: "Launch announcement for Git3 futarchy fundraise. Created entity pages for Git3 (new company) and the fundraise decision market. No novel claims about futarchy mechanisms or market dynamics — this is a straightforward failed fundraise with standard structure. The 28% subscription rate is a data point but doesn't constitute a claim about futarchy effectiveness without comparative context."
---
## Launch Details
@ -268,3 +272,12 @@ 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 Actions integration
- Git3 uses Irys blockchain for permanent storage
- Git3 fundraise targeted $100K for 12-13 month runway at $8K/month burn
- Git3 raised $28,266 (28% of target) before refunding
- Git3 token: 6VT (mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta)
- Planned revenue streams: creator fees on NFT sales, protocol fees via x402, agent royalties, $GIT3 token