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>

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
+- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched: first wallet infrastructure project on platform, failed at $97,535 of $375,000 target (26%)
 ## 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/salmon-wallet-futardio-fundraise.md

@@ -0,0 +1,46 @@
+---
+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 seeking $375K for 12-month runway through futarchy-governed raise, failed at 26% of target"
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  raise_target: "$375,000"
+  total_committed: "$97,535"
+  oversubscription_ratio: 0.26
+  token_ticker: "SAL"
+  token_mint: "DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta"
+  launch_address: "Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
+---
+
+# Salmon Wallet: Futardio Fundraise
+
+## Summary
+Salmon Wallet launched a futarchy-governed fundraise on MetaDAO's futard.io platform seeking $375,000 for 12-month operational runway. The project is an established open-source self-custodial wallet (active since 2022, listed on Solana wallet adapter) with $122.5K prior funding. The raise failed after one day, achieving only $97,535 (26% of target) before entering refunding status.
+
+## Market Data
+- **Outcome:** Failed (Refunding)
+- **Raise Target:** $375,000
+- **Total Committed:** $97,535 (26% of target)
+- **Launch Date:** 2026-03-03
+- **Close Date:** 2026-03-04
+- **Token:** SAL (Salmon Token)
+- **Planned Monthly Burn:** $25,000 (Team 73%, Infrastructure 17%, Growth 8%, Governance/Legal 2%)
+
+## Significance
+This is the first observed futarchy-governed wallet infrastructure project on MetaDAO, representing platform expansion beyond pure capital formation vehicles into operational software governance. The rapid failure of a legitimate project with track record (versus speculative meme coins) provides empirical evidence that futarchy adoption faces friction even for established teams. The project proposed using futarchy for ongoing operational decisions ('results determine direction'), not just fundraising, suggesting markets remain skeptical of futarchy's ability to govern complex software operations.
+
+## Relationship to KB
+- [[salmon-wallet]] — parent entity
+- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical confirmation
+- [[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]] — scope expansion evidence
+- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — operational complexity evidence

entities/internet-finance/salmon-wallet.md

@@ -0,0 +1,32 @@
+---
+type: entity
+entity_type: company
+name: Salmon Wallet
+domain: internet-finance
+status: active
+founded: 2022
+website: https://salmonwallet.io/
+github: https://github.com/salmon-wallet
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  prior_funding: "$122,500 (bootstrap + grants)"
+  monthly_burn: "$25,000"
+  wallet_adapter_listed: "2022"
+---
+
+# Salmon Wallet
+
+Open-source self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Operates own Solana validator for transparent revenue. Attempted futarchy-governed fundraise on MetaDAO in March 2026.
+
+## Timeline
+- **2022** — Project founded, listed on Solana wallet adapter
+- **2022** — Received $80K bootstrap funding
+- **2022-2024** — Received $42.5K in grants (Serum: $2.5K, Eclipse: $40K)
+- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched on futard.io seeking $375,000
+- **2026-03-04** — Fundraise closed with $97,535 raised (26% of target), status: Refunding
+
+## Relationship to KB
+- First observed futarchy-governed wallet infrastructure project
+- Failed raise provides empirical data on [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
+- Case study for [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]]

inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md

@@ -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: ["futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "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-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. No new claims warranted — all insights enrich existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges. Created entities for Salmon Wallet (company) and the fundraise (decision_market) as this represents a significant data point for futarchy adoption patterns."
 ---
 
 ## Launch Details
@@ -215,3 +220,11 @@ 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) + $42.5K grants (Serum $2.5K, Eclipse $40K)
+- Operates own Solana validator for revenue
+- Planned monthly burn: $25,000 (Team 73%, Infrastructure 17%, Growth 8%, Governance/Legal 2%)
+- Token: SAL (Salmon Token), mint: DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta