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>
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entities/internet-finance/fitbyte.md
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entities/internet-finance/fitbyte.md
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---
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type: entity
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entity_type: company
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name: "FitByte"
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domain: internet-finance
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status: failed
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parent_entity: "[[futardio]]"
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platform: "futardio"
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founded: 2026
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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funding_target: "$500,000"
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total_committed: "$23"
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launch_date: "2026-02-26"
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close_date: "2026-02-27"
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outcome: "refunding"
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token_symbol: "6GF"
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---
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# FitByte
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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.
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## Timeline
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- **2026-02-26** — Launched fundraise on Futardio targeting $500,000 for health data sovereignty protocol
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- **2026-02-27** — Fundraise closed in refunding status with only $23 committed (0.0046% of target)
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## Relationship to KB
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- [[futardio]] — launch platform
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- [[MetaDAO]] — parent organization providing unruggable ICO infrastructure
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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
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- **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
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- **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
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2026-02-26** — [[fitbyte]] launched on platform, failed with $23/$500K (0.0046% of target)
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## Competitive Position
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## Competitive Position
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **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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- **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"
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date: 2026-02-26
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date: 2026-02-26
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domain: internet-finance
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domain: internet-finance
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format: data
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format: data
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status: unprocessed
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status: processed
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tags: [futardio, metadao, futarchy, solana]
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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event_type: launch
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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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."
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---
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## Launch Details
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## Launch Details
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@ -99,3 +103,11 @@ MetaDAO's Unruggable ICO model enforces what most projects only claim. Raise pro
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- Token mint: `6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta`
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- Token mint: `6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta`
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- Version: v0.7
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- Version: v0.7
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- Closed: 2026-02-27
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- Closed: 2026-02-27
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## Key Facts
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- FitByte raised $23 against $500,000 target on Futardio (2026-02-26 to 2026-02-27)
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- FitByte positioned as health data sovereignty protocol with workout-to-earn mechanics
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- FitByte token symbol: 6GF
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- FitByte website listed as henry.com (likely placeholder or error)
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- Global health data market described as 'hundreds of billions' in value
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