rio: extract from 2026-03-03-futardio-launch-cloak.md

- Source: inbox/archive/2026-03-03-futardio-launch-cloak.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/cloak.md

@@ -0,0 +1,42 @@
+---
+type: entity
+entity_type: company
+name: Cloak
+domain: internet-finance
+status: refunding
+founded: 2026
+platform: futardio
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  raise_target: "$300,000"
+  total_committed: "$1,455"
+  raise_outcome: "refunded"
+  ico_price: "$0.03"
+  fdv_at_launch: "$477,000"
+  token_supply_max: "15.9M"
+  token_supply_circulating: "12.9M"
+  allocation_ico: "62.9%"
+  allocation_liquidity: "18.2%"
+  allocation_team: "18.9%"
+---
+
+# Cloak
+
+Cloak is a privacy infrastructure protocol on Solana enabling private DCA (dollar-cost averaging) execution through ZK-proof privacy pools and session wallet architecture. The protocol routes trades through Privacy.cash pools to break on-chain links between user wallets and trading strategies, targeting retail and institutional traders who face MEV extraction and surveillance costs from transparent on-chain execution.
+
+## Timeline
+- **2026-03-03** — Futardio fundraise launched with $300K target for 24-month runway (2-person team: Vaibhav + Prasad)
+- **2026-03-03** — Live in private beta on Solana mainnet with DCA support for SOL, cbBTC, ZEC; Solana Blinks integration shipped
+- **2026-03-03** — First RWA integration announced: Oro (tokenized gold) private DCA
+- **2026-03-04** — Fundraise closed in refunding status after raising only $1,455 of $300K target
+
+## Relationship to KB
+- [[futardio]] — launch platform
+- [[MetaDAO]] — futarchy governance infrastructure
+- [[Privacy.cash]] — ZK-proof privacy pool integration
+- [[Jupiter]] — DEX execution layer
+- Product addresses MEV extraction problem documented in [[MEV extraction cost estimates]]
+
+## Notes
+Raise failed to reach minimum threshold despite novel privacy-DCA product positioning and working mainnet beta. Team proposed performance-based token unlocks (5 tranches at 2x, 4x, 8x, 16x, 32x ICO price with 18-month cliff). Fundraise structure followed futarchy-governed unruggable ICO model with automatic refund on target miss.

inbox/archive/2026-03-03-futardio-launch-cloak.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/9MqyiXXJUAXQ1Uy5j2EV8hq21UeR3ruukWkZ1XGNhg3R"
 date: 2026-03-03
 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: "Futardio launch event for privacy-DCA protocol. Fundraise failed (<1% of target). Entity created to track the launch outcome. No novel claims extracted — privacy-DCA value proposition and MEV costs are documented elsewhere. Team credentials and technical architecture are factual but not arguable propositions. Performance-based vesting structure is interesting but not generalizable from single failed case."
 ---
 
 ## Launch Details
@@ -217,3 +221,16 @@ Worst case: the first and only private DCA product on Solana, used by whales who
 - Token mint: `8RSpKqJFeF6ipThWDXP284mE2ufmfeHwjdEjduQ2meta`
 - Version: v0.7
 - Closed: 2026-03-04
+
+
+## Key Facts
+- Cloak raised $1,455 of $300K target on Futardio (2026-03-03 to 2026-03-04)
+- Cloak integrated Privacy.cash ZK-proof pools on Solana mainnet
+- Cloak supports private DCA for SOL, cbBTC, ZEC with Jupiter execution
+- Cloak shipped Solana Blinks support for private DCA initiation
+- Cloak integrated Oro (tokenized gold) as first RWA private DCA target
+- Cloak team: Vaibhav (CoinDCX, PermaSign, Instadapp, Push Chain) + Prasad (Stealth, PermaSign)
+- Cloak token allocation: 62.9% ICO, 18.2% liquidity, 18.9% team (performance-locked)
+- Cloak proposed $10K/month team allowance ($5K per founder) from $300K raise
+- Cloak team tokens unlock at 2x, 4x, 8x, 16x, 32x ICO price with 18-month cliff minimum
+- MEV extraction on Solana estimated at $370M-$500M over 16 months (mid-2025 data cited by Cloak)