Merge pull request 'rio: extract claims from 2026-03-05-futardio-launch-torch-market' (#793) from extract/2026-03-05-futardio-launch-torch-market into main
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---
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type: entity
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founded: 2026 <!-- claim pending -->
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...
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entities/internet-finance/torch-market.md
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entities/internet-finance/torch-market.md
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---
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type: entity
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...
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## Links
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- [Torch Market Whitepaper](https://torch.market/whitepaper) <!-- claim pending -->
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- [Verification Page](https://torch.market/verification.md) <!-- claim pending -->
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- [Audit Page](https://torch.market/audit.md) <!-- claim pending -->
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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
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date: 2026-03-05
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date: 2026-03-05
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domain: internet-finance
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domain: internet-finance
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format: data
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana]
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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event_type: launch
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Source is a futarchy-governed fundraise launch that failed. Created entity pages for Torch Market (company) and the fundraise decision market. No novel claims about futarchy mechanisms or market dynamics — this is purely factual data about a specific launch event. The rapid failure (1 day) is notable but insufficient evidence alone to make claims about futarchy fundraise dynamics without additional context about market conditions or comparable cases."
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---
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## Launch Details
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## Launch Details
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@ -68,3 +72,13 @@ total: 69k-70k + flat 5k = 70k-75k total
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- Token mint: `5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta`
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- Token mint: `5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta`
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- Version: v0.7
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- Version: v0.7
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- Closed: 2026-03-06
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- Closed: 2026-03-06
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## Key Facts
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- Torch Market has 48/48 kani proof harnesses for formal verification
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- Torch Market SDK has ~4K downloads on Clawhub
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- Torch Market is live on Solana devnet/mainnet
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- Torch Market founder has 1K+ followers on X
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- Torch Market fundraise targeted $75K for 6-month runway
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- Monthly burn rate: $11.5K-12.5K ($540-1540 infra, $3K founder, $2K marketing, $6K marketing team)
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- Fundraise closed 2026-03-06 in refunding status
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