rio: extract from 2026-02-26-futardio-launch-fitbyte.md

- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
This commit is contained in:
Teleo Agents 2026-03-12 11:06:20 +00:00
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---
type: entity
entity_type: company
name: "FitByte"
domain: internet-finance
status: failed
parent_entity: "[[futardio]]"
platform: "futardio"
founded: 2026
tracked_by: rio
created: 2026-03-11
key_metrics:
funding_target: "$500,000"
total_committed: "$23"
launch_date: "2026-02-26"
close_date: "2026-02-27"
outcome: "refunding"
token_symbol: "6GF"
---
# FitByte
FitByte was a health and fitness protocol on Solana that attempted to combine workout-to-earn mechanics with health data sovereignty and a marketplace for selling user health data to researchers. The project raised through MetaDAO's Futardio platform but failed to attract meaningful capital, closing with only $23 committed against a $500,000 target.
## Timeline
- **2026-02-26** — Launched fundraise on Futardio targeting $500,000 for health data sovereignty protocol
- **2026-02-27** — Fundraise closed in refunding status with only $23 committed (0.0046% of target)
## Relationship to KB
- [[futardio]] — launch platform
- [[MetaDAO]] — parent organization providing unruggable ICO infrastructure
FitByte represents a failed attempt to apply futarchy-governed fundraising to the health data market. The project's value proposition combined four elements: workout-to-earn token rewards, user-owned health data, paid data sharing for clinical research, and broader health ecosystem integration. Despite positioning itself as addressing a "hundreds of billions" dollar health data market and choosing MetaDAO's structure for alignment with data sovereignty principles, the project failed to attract investor interest.

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@ -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
- **2026-02-26** — [[fitbyte]] launched on platform, failed with $23/$500K (0.0046% of target)
## 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."

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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2"
date: 2026-02-26
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: "FitByte launch is a failed fundraise with trivial capital ($23). Created entity page because it demonstrates Futardio platform usage and represents a data point on futarchy-governed health data projects. No extractable claims — the source is entirely pitch rhetoric and self-description without novel mechanism insights or verifiable evidence about health data markets. The 'hundreds of billions' market size claim is unsourced marketing copy. No enrichments to existing claims warranted."
---
## Launch Details
@ -99,3 +103,11 @@ MetaDAO's Unruggable ICO model enforces what most projects only claim. Raise pro
- Token mint: `6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta`
- Version: v0.7
- Closed: 2026-02-27
## Key Facts
- FitByte raised $23 against $500,000 target on Futardio (2026-02-26 to 2026-02-27)
- FitByte positioned as health data sovereignty protocol with workout-to-earn mechanics
- FitByte token symbol: 6GF
- FitByte website listed as henry.com (likely placeholder or error)
- Global health data market described as 'hundreds of billions' in value