rio: extract from 2026-03-08-futardio-launch-seeker-vault.md

- Source: inbox/archive/2026-03-08-futardio-launch-seeker-vault.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/seekervault-futardio-fundraise.md

@@ -0,0 +1,55 @@
+---
+type: entity
+entity_type: decision_market
+name: "SeekerVault: Futardio Fundraise"
+domain: internet-finance
+status: failed
+parent_entity: "[[seekervault]]"
+platform: "futardio"
+proposer: "gbflarcos, Beardkoda"
+proposal_url: "https://www.futard.io/launch/7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi"
+proposal_date: 2026-03-08
+resolution_date: 2026-03-09
+category: "fundraise"
+summary: "Fundraise for encrypted backup layer targeting 150K+ Solana Seeker phone users"
+key_metrics:
+  raise_target: "$50,000"
+  total_committed: "$2,095"
+  outcome: "refunding"
+  token_mint: "J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# SeekerVault: Futardio Fundraise
+
+## Summary
+SeekerVault attempted to raise $50,000 through Futardio to build an encrypted backup layer for the 150,000+ Solana Seeker phones in circulation. The project positioned itself as replacing Google Drive/iCloud with decentralized storage (Walrus + Seal), with a roadmap including AI agent memory storage, creator content vaults, and a data marketplace. The raise failed to reach its target, collecting only $2,095 before entering refunding status.
+
+## Market Data
+- **Outcome:** Failed (Refunding)
+- **Raise Target:** $50,000
+- **Total Committed:** $2,095 (4.2% of target)
+- **Proposers:** gbflarcos, Beardkoda
+- **Launch Date:** 2026-03-08
+- **Close Date:** 2026-03-09
+- **Token:** J4r (J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta)
+
+## Proposed Use of Funds
+- Engineering: $4,000/month
+- Infrastructure: $3,000/month (Walrus nodes, Seal integration, hosting)
+- Growth & BD: $1,000/month
+- Total monthly burn: $8,000 (6+ month runway)
+
+## Significance
+This launch demonstrates the challenge of raising capital for infrastructure plays even with a clear captive audience (150K Seeker owners). The 4.2% subscription rate suggests either:
+1. Market skepticism about decentralized backup demand
+2. Insufficient proof of product-market fit despite live product
+3. Futardio platform liquidity constraints for smaller raises
+
+The failure is notable because SeekerVault had shipped product (live at seekervault.xyz with demo videos) and was in Solana dApp Store review — more traction than many successful futarchy raises. This suggests futarchy markets may be pricing team execution risk or market timing more heavily than product readiness.
+
+## Relationship to KB
+- [[seekervault]] — parent company entity
+- [[futardio]] — fundraising platform
+- [[MetaDAO]] — futarchy governance infrastructure

entities/internet-finance/seekervault.md

@@ -27,6 +27,7 @@ The project proposed combining Walrus protocol for decentralized storage with Se
 - **2026-03-04** — Launched fundraise on Futardio targeting $75,000 for 6-month runway
 - **2026-03-05** — Fundraise closed in refunding status with only $1,186 committed (1.6% of target)
 
+- **2026-03-08** — Futardio fundraise launched targeting $50,000 for 6-month runway to build encrypted backup for 150K+ Solana Seeker phones; raised $2,095 before refunding
 ## Relationship to KB
 - [[futardio]] — fundraising platform
 - Example of failed futarchy-governed fundraise with extreme undersubscription

inbox/archive/2026-03-08-futardio-launch-seeker-vault.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi"
 date: 2026-03-08
 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 event with clear outcome data. No novel claims about futarchy mechanisms or market dynamics — this is a straightforward failed fundraise. Entity data only. The low subscription rate (4.2%) is interesting but insufficient alone to support a general claim about futarchy pricing or market dynamics without additional context from other raises."
 ---
 
 ## Launch Details
@@ -160,3 +164,11 @@ Two builders, zero fluff. All execution.
 - Token mint: `J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta`
 - Version: v0.7
 - Closed: 2026-03-09
+
+
+## Key Facts
+- SeekerVault raised $2,095 of $50,000 target (4.2% subscription rate) before refunding (2026-03-08)
+- 150,000+ Solana Seeker phones shipped with 128GB storage but no decentralized backup
+- SeekerVault product live at seekervault.xyz with 20MB free tier / 100GB for $10/month in SKR
+- SeekerVault in Solana dApp Store review as of 2026-03-08
+- Proposed burn rate: $8,000/month ($4K engineering, $3K infrastructure, $1K growth)