rio: extract from 2026-03-04-futardio-launch-send-arcade.md

- Source: inbox/archive/2026-03-04-futardio-launch-send-arcade.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/futardio.md

@@ -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
+- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched seeking $288k for futarchy-governed casino, reached $114.9k (40% of 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."

entities/internet-finance/send-arcade-futardio-fundraise.md

@@ -0,0 +1,51 @@
+---
+type: entity
+entity_type: decision_market
+name: "Send Arcade: Futardio Fundraise"
+domain: internet-finance
+status: failed
+parent_entity: "[[send-arcade]]"
+platform: "futardio"
+proposal_url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
+proposal_date: 2026-03-04
+resolution_date: 2026-03-05
+category: "fundraise"
+summary: "Send Arcade attempted to raise $288k for 11-month runway to build futarchy-governed casino"
+key_metrics:
+  raise_target: "$288,000"
+  total_committed: "$114,933"
+  oversubscription_ratio: 0.40
+  outcome: "refunding"
+  token: "$ARCADE"
+  performance_package: "10%"
+  monthly_budget: "$20,000"
+  target_runway: "11 months"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Send Arcade: Futardio Fundraise
+
+## Summary
+Send Arcade launched a futarchy-governed fundraise on Futardio seeking $288k to support 11 months of operations as an independent entity after the Send token sunset. The raise positioned Send Arcade as the first futarchy-governed casino with fully on-chain games, zero backend infrastructure, and agent-friendly PvP revenue model. The raise failed to meet its minimum target, reaching only $114.9k (40% of goal) before entering refunding status.
+
+## Market Data
+- **Outcome:** Failed (refunding)
+- **Raise Target:** $288,000
+- **Total Committed:** $114,933 (39.9% of target)
+- **Token:** $ARCADE
+- **Performance Package:** 10%
+- **Monthly Budget:** $20,000 (11-month runway)
+- **Launch Date:** 2026-03-04
+- **Closed:** 2026-03-05
+
+## Significance
+This represents an attempt to apply futarchy governance to a casino/gaming business model, testing whether prediction markets can govern entertainment products with established traction (9M+ plays, $200k+ ARR). The failure to reach minimum raise despite existing product-market fit signals potential market skepticism about casino business models or the specific execution risk of transitioning from ecosystem token to independent entity.
+
+The pitch emphasized structural advantages: 90% lower operating costs than traditional gaming studios due to zero backend, agent-friendly architecture enabling autonomous wealth generation, and verifiable on-chain outcomes. The "house always wins" value proposition attempted to position $ARCADE as ownership of casino cash flows rather than speculative governance token.
+
+## Relationship to KB
+- [[send-arcade]] — parent entity
+- [[futardio]] — fundraising platform
+- [[MetaDAO]] — futarchy infrastructure provider
+- Tests whether futarchy-governed entertainment/gaming businesses can attract capital at scale

entities/internet-finance/send-arcade.md

@@ -0,0 +1,35 @@
+---
+type: entity
+entity_type: company
+name: "Send Arcade"
+domain: internet-finance
+status: active
+founded: 2024
+website: "https://www.sendarcade.fun/"
+twitter: "https://x.com/sendarcadefun"
+github: "https://github.com/SendArcade"
+key_people:
+  - "yashhsm (founder)"
+key_metrics:
+  games_built: "10+"
+  onchain_plays: "9M+"
+  arr: "$200k+"
+  farcaster_plays: "20k+"
+  farcaster_users: "3k+"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Send Arcade
+
+Real-money casual gaming arcade built on Solana, originally launched under the Send Ecosystem ($SEND) 1.5 years ago. Operates as fully on-chain casino with zero backend infrastructure, verifiable outcomes, and instant settlement. Positioned as first futarchy-governed casino after Send token sunset in early 2026.
+
+## Timeline
+- **2024-H2** — Launched under Send Ecosystem with 10+ games, achieved 9M+ on-chain plays and $200k+ ARR
+- **2026-01** — Send token sunset, Send Arcade becomes independent entity
+- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched on Futardio seeking $288k, reached $114.9k committed before refunding
+
+## Relationship to KB
+- [[futardio]] — fundraising platform
+- [[MetaDAO]] — futarchy governance infrastructure
+- Tests futarchy-governed casino model with PvP revenue model and agent-friendly architecture

inbox/archive/2026-03-04-futardio-launch-send-arcade.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7"
 date: 2026-03-04
 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: "Source is a Futardio launch page for Send Arcade fundraise. Primary extraction is entity data (new company + failed decision_market). No novel claims about futarchy mechanisms or casino economics beyond what's already captured in existing KB claims about futarchy-governed launches and meme coins. The failure to reach minimum raise is a data point but doesn't constitute a generalizable claim without additional context about why it failed or pattern across similar raises."
 ---
 
 ## Launch Details
@@ -198,3 +202,14 @@ Secondary Market : Solana Degens
 - Token mint: `AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa`
 - Version: v0.7
 - Closed: 2026-03-05
+
+
+## Key Facts
+- Send Arcade built 10+ games with 9M+ on-chain plays and $200k+ ARR under Send Ecosystem
+- Send token was sunset in January 2026, making Send Arcade independent
+- Send Arcade Futardio raise targeted $288k for 11-month runway at $20k/month burn
+- Send Arcade raise reached $114,933 (39.9% of target) before entering refunding status
+- Send Arcade won 2x Blinkathon, Solana AI Hackathon, Realtime Hackathon, 5th in Breakout Gaming
+- Send Arcade games achieved 20k+ plays across 3k+ unique users on Farcaster
+- Send Arcade targets adults 18-45 (centered 25-34) in US and UK markets
+- Send Arcade operates zero backend with games fetching state directly from contracts