diff --git a/entities/internet-finance/fitbyte.md b/entities/internet-finance/fitbyte.md new file mode 100644 index 00000000..32ef07e1 --- /dev/null +++ b/entities/internet-finance/fitbyte.md @@ -0,0 +1,33 @@ +--- +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. \ No newline at end of file diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..5c9df871 100644 --- a/entities/internet-finance/futardio.md +++ b/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 +- **2026-02-26** — [[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." diff --git a/inbox/archive/2026-02-26-futardio-launch-fitbyte.md b/inbox/archive/2026-02-26-futardio-launch-fitbyte.md index 66c8ba89..f4b36cc1 100644 --- a/inbox/archive/2026-02-26-futardio-launch-fitbyte.md +++ b/inbox/archive/2026-02-26-futardio-launch-fitbyte.md @@ -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