rio: extract from 2026-03-03-futardio-launch-salmon-wallet.md
- Source: inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
This commit is contained in:
Teleo Agents
parent
ba4ac4a73e
commit
c1bfb42b08
4 changed files with 119 additions and 1 deletions
|
|
@ -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
|
||||
- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] failed: first wallet infrastructure project raised $97,535/$375K (26%) before refunding, demonstrating adoption friction for operational software vs speculative assets
|
||||
## 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."
|
||||
|
|
|
|||
|
|
@ -0,0 +1,64 @@
|
|||
---
|
||||
type: entity
|
||||
entity_type: decision_market
|
||||
name: "Salmon Wallet: Futardio Fundraise"
|
||||
domain: internet-finance
|
||||
status: failed
|
||||
parent_entity: "[[salmon-wallet]]"
|
||||
platform: futardio
|
||||
proposal_url: "https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
|
||||
proposal_date: 2026-03-03
|
||||
resolution_date: 2026-03-04
|
||||
category: fundraise
|
||||
summary: "Open-source wallet governance fundraise seeking $375K for 12-month operational runway, failed at $97,535 (26% of target)"
|
||||
key_metrics:
|
||||
raise_target: "$375,000"
|
||||
total_committed: "$97,535"
|
||||
raise_percentage: "26%"
|
||||
token: "SAL (Salmon Token)"
|
||||
token_mint: "DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta"
|
||||
launch_address: "Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
|
||||
monthly_burn_rate: "$25,000"
|
||||
planned_runway: "12 months"
|
||||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
---
|
||||
|
||||
# Salmon Wallet: Futardio Fundraise
|
||||
|
||||
## Summary
|
||||
Salmon Wallet launched a futarchy-governed fundraise on Futardio seeking $375,000 minimum raise for 12-month operational runway. The project raised $97,535 (26% of target) before entering refund status within one day. This represents the first observed futarchy-governed wallet infrastructure project and provides empirical data on adoption friction for operational software versus speculative assets on the MetaDAO platform.
|
||||
|
||||
## Market Data
|
||||
- **Outcome:** Failed (Refunding)
|
||||
- **Launch Date:** 2026-03-03
|
||||
- **Close Date:** 2026-03-04
|
||||
- **Raise Target:** $375,000 (minimum)
|
||||
- **Total Committed:** $97,535
|
||||
- **Raise Percentage:** 26%
|
||||
- **Token:** SAL (Salmon Token)
|
||||
- **Platform:** Futardio v0.7
|
||||
|
||||
## Use of Funds Plan
|
||||
Detailed 12-month execution plan with $25K monthly burn:
|
||||
- **Team:** $18,300/month (73%)
|
||||
- **Infrastructure:** $4,200/month (17%) — RPC reliability, validator operations, backend services
|
||||
- **Growth & Ecosystem:** $2,000/month (8%) — user acquisition, partnerships, community-led growth
|
||||
- **Governance, Legal & Contingency:** $500/month (2%)
|
||||
|
||||
**Roadmap:**
|
||||
- Q2-2026: Android public release, WebApp relaunch, signing flow integration
|
||||
- Q3-2026: iOS TestFlight release, staking integration, AI-powered transaction security
|
||||
- Q4-2026: Custom notification system, portfolio view, ecosystem protocol integrations
|
||||
- Q1-2027: Cross-platform optimization, additional integrations
|
||||
|
||||
## Significance
|
||||
First futarchy-governed wallet infrastructure fundraise provides empirical data on adoption friction for operational software projects. Despite operational credibility (active since 2022, Solana wallet adapter listing, $122.5K prior funding, own validator operations), the raise failed to attract sufficient capital through futarchy mechanisms. This contrasts sharply with Cult's $11.4M single-day raise on the same platform, suggesting market participants are more comfortable using futarchy for speculative meme coins than for operational software with complex execution risk.
|
||||
|
||||
The failure occurred on MetaDAO's established Futardio platform, indicating friction is not attributable to platform immaturity but to fundamental adoption barriers for certain project categories.
|
||||
|
||||
## Relationship to KB
|
||||
- [[salmon-wallet]] — parent entity
|
||||
- [[futardio]] — fundraising platform
|
||||
- [[salmon-wallet-futarchy-raise-failed-at-26-percent-of-target-demonstrating-adoption-friction-for-operational-software-projects]] — analysis of failed raise
|
||||
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — broader adoption friction context
|
||||
37
entities/internet-finance/salmon-wallet.md
Normal file
37
entities/internet-finance/salmon-wallet.md
Normal file
|
|
@ -0,0 +1,37 @@
|
|||
---
|
||||
type: entity
|
||||
entity_type: company
|
||||
name: Salmon Wallet
|
||||
domain: internet-finance
|
||||
status: active
|
||||
founded: 2022
|
||||
website: https://salmonwallet.io/
|
||||
social:
|
||||
twitter: https://x.com/salmonwallet
|
||||
telegram: https://t.me/salmon_wallet
|
||||
github: https://github.com/salmon-wallet
|
||||
key_metrics:
|
||||
prior_funding: "$122,500 (2022-2024)"
|
||||
bootstrap_funding: "$80,000 (2022)"
|
||||
grant_funding: "$42,500 (Serum $2,500, Eclipse $40,000)"
|
||||
futarchy_raise_target: "$375,000"
|
||||
futarchy_raise_actual: "$97,535"
|
||||
monthly_burn_rate: "$25,000"
|
||||
tracked_by: rio
|
||||
created: 2026-03-11
|
||||
---
|
||||
|
||||
# Salmon Wallet
|
||||
|
||||
Open-source, self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Attempted futarchy-governed fundraise on Futardio (2026-03-03) seeking $375K for 12-month operational runway, raised $97,535 before entering refund status. Operates own Solana validator for transparent revenue. Governance through SAL token using futarchy model.
|
||||
|
||||
## Timeline
|
||||
- **2022** — Founded, bootstrapped with $80K, received $2.5K Serum grant, listed on Solana wallet adapter
|
||||
- **2022-2024** — Received $40K Eclipse grant, total grant funding $42.5K
|
||||
- **2026-03-03** — Launched futarchy-governed fundraise on Futardio seeking $375K minimum raise
|
||||
- **2026-03-04** — Fundraise closed in refund status with $97,535 raised (26% of minimum target)
|
||||
|
||||
## Relationship to KB
|
||||
- [[futardio]] — fundraising platform
|
||||
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — platform context
|
||||
- [[salmon-wallet-futarchy-raise-failed-at-26-percent-of-target-demonstrating-adoption-friction-for-operational-software-projects]] — failed raise analysis
|
||||
|
|
@ -6,7 +6,7 @@ url: "https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
|
|||
date: 2026-03-03
|
||||
domain: internet-finance
|
||||
format: data
|
||||
status: unprocessed
|
||||
status: processed
|
||||
tags: [futardio, metadao, futarchy, solana]
|
||||
event_type: launch
|
||||
processed_by: rio
|
||||
|
|
@ -14,6 +14,11 @@ processed_date: 2026-03-11
|
|||
enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
|
||||
extraction_model: "anthropic/claude-sonnet-4.5"
|
||||
extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. Enriches existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges."
|
||||
processed_by: rio
|
||||
processed_date: 2026-03-11
|
||||
enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
|
||||
extraction_model: "anthropic/claude-sonnet-4.5"
|
||||
extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. Enriches existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges. Created new entity for Salmon Wallet and decision_market entity for the fundraise. Single data point limits generalizability but provides valuable empirical evidence for existing adoption friction claims."
|
||||
---
|
||||
|
||||
## Launch Details
|
||||
|
|
@ -215,3 +220,14 @@ Secondary:
|
|||
- Launch address: Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF
|
||||
- Operates own Solana validator for transparent revenue
|
||||
- Listed on Solana wallet adapter since 2022
|
||||
|
||||
|
||||
## Key Facts
|
||||
- Salmon Wallet active since 2022, listed on Solana wallet adapter since 2022
|
||||
- Prior funding: $80K bootstrap (2022), $2.5K Serum grant, $40K Eclipse grant
|
||||
- Operates own Solana validator for transparent revenue
|
||||
- Futarchy raise: $97,535 raised vs $375,000 minimum target (26%)
|
||||
- Launch address: Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF
|
||||
- Token: SAL (Salmon Token), mint: DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta
|
||||
- Planned monthly burn: $25,000 for 12-month runway
|
||||
- Budget breakdown: 73% team, 17% infrastructure, 8% growth, 2% governance/legal/contingency
|
||||
|
|
|
|||
Loading…
Reference in a new issue