From 9c6d70967b89c701c42a9fcc4c51bb0b7e5cd091 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Mon, 16 Mar 2026 15:01:28 +0000 Subject: [PATCH] extract: 2026-03-05-futardio-launch-seyf Pentagon-Agent: Ganymede --- ...y-through-massive-oversubscription-refunds.md | 6 ++++++ inbox/archive/2026-03-05-futardio-launch-seyf.md | 16 +++++++++++++++- 2 files changed, 21 insertions(+), 1 deletion(-) diff --git a/domains/internet-finance/pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md b/domains/internet-finance/pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md index 31cae72a..4d08c905 100644 --- a/domains/internet-finance/pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md +++ b/domains/internet-finance/pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md @@ -34,6 +34,12 @@ The lower volatility in recent launches could reflect declining speculative inte Solomon's 51x oversubscription ($102.9M committed vs $8M accepted) required returning $94.9M to participants, demonstrating the capital inefficiency of oversubscribed raises even when the platform caps final acceptance. + +### Additional Evidence (extend) +*Source: [[2026-03-05-futardio-launch-seyf]] | Added: 2026-03-16* + +Seyf's futarchy-governed launch on futard.io demonstrates the opposite failure mode: extreme undersubscription requiring full refunds. The project raised $200 against a $300,000 target, showing that futarchy markets can reject projects entirely rather than forcing pro-rata allocation of excess demand. This suggests futarchy solves capital inefficiency in both directions—preventing oversubscription waste AND preventing capital deployment to projects with insufficient market validation. + --- Relevant Notes: diff --git a/inbox/archive/2026-03-05-futardio-launch-seyf.md b/inbox/archive/2026-03-05-futardio-launch-seyf.md index bb6b29ce..3477ef5f 100644 --- a/inbox/archive/2026-03-05-futardio-launch-seyf.md +++ b/inbox/archive/2026-03-05-futardio-launch-seyf.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/2TK2hDtyNAY2hbV3yHDoVaAPSfaod2sHX7PtWPz8QfmQ" date: 2026-03-05 domain: internet-finance format: data -status: unprocessed +status: enrichment tags: [futardio, metadao, futarchy, solana] event_type: launch +processed_by: rio +processed_date: 2026-03-16 +enrichments_applied: ["pro-rata-ico-allocation-creates-capital-inefficiency-through-massive-oversubscription-refunds.md"] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Launch Details @@ -259,3 +263,13 @@ Our mission is to make capital on Solana programmable through natural language. - Token mint: `GgcMi8LxukwRYS1FZ5W4v2fo8XEAHpscqdQZz26Ymeta` - Version: v0.7 - Closed: 2026-03-06 + + +## Key Facts +- Seyf launched on futard.io on 2026-03-05 with a $300,000 funding target +- Seyf raised only $200 in total commitments before entering refunding status +- Seyf's proposed monthly burn rate was ~$23,000 ($16k team, $4k infrastructure, $3k marketing) +- Seyf's launch address: 2TK2hDtyNAY2hbV3yHDoVaAPSfaod2sHX7PtWPz8QfmQ +- Seyf's token mint: GgcMi8LxukwRYS1FZ5W4v2fo8XEAHpscqdQZz26Ymeta +- Seyf used futard.io v0.7 for its launch +- Seyf closed on 2026-03-06, one day after launch