From e26d42115fb950289b509e55d5f2286bc9db5ce9 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 13:00:35 +0000 Subject: [PATCH] rio: extract from 2026-03-04-futardio-launch-send-arcade.md - Source: inbox/archive/2026-03-04-futardio-launch-send-arcade.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio --- entities/internet-finance/futardio.md | 1 + .../send-arcade-futardio-fundraise.md | 61 +++++++++++++++++++ entities/internet-finance/send-arcade.md | 33 ++++++++++ .../2026-03-04-futardio-launch-send-arcade.md | 17 +++++- 4 files changed, 111 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/send-arcade-futardio-fundraise.md create mode 100644 entities/internet-finance/send-arcade.md diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e1019..54af7ea64 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 +- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched targeting $288k for on-chain casino operations, reached $114.9k (39.9%) before refunding — first documented futarchy-governed casino fundraise failure ## 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/entities/internet-finance/send-arcade-futardio-fundraise.md b/entities/internet-finance/send-arcade-futardio-fundraise.md new file mode 100644 index 000000000..5c2734261 --- /dev/null +++ b/entities/internet-finance/send-arcade-futardio-fundraise.md @@ -0,0 +1,61 @@ +--- +type: entity +entity_type: decision_market +name: "Send Arcade: Futardio Fundraise" +domain: internet-finance +status: failed +parent_entity: "[[send-arcade]]" +platform: "futardio" +proposer: "Send Arcade team" +proposal_url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7" +proposal_date: 2026-03-04 +resolution_date: 2026-03-05 +category: "fundraise" +summary: "Send Arcade attempted to raise $288k through futarchy-governed ICO for independent casino operations after Send token sunset" +key_metrics: + raise_target: "$288,000" + total_committed: "$114,933" + commitment_rate: "39.9%" + token_ticker: "$ARCADE" + performance_package: "10%" + monthly_budget: "$20,000" + target_runway: "11 months" +tracked_by: rio +created: 2026-03-11 +--- + +# Send Arcade: Futardio Fundraise + +## Summary +Send Arcade launched a futarchy-governed fundraise on Futardio targeting $288,000 to support 11 months of independent operations as an on-chain casino after separating from the Send Ecosystem. The raise attracted $114,933 in commitments (39.9% of target) before entering refunding status, making it the first documented futarchy-governed casino fundraise to fail to meet its minimum threshold. + +## Market Data +- **Outcome:** Failed (refunding) +- **Launch date:** 2026-03-04 +- **Close date:** 2026-03-05 +- **Raise target:** $288,000 +- **Total committed:** $114,933 (39.9%) +- **Token:** $ARCADE +- **Performance package:** 10% +- **Monthly budget:** $20,000 (11-month runway) + +## Technical Architecture +- Zero backend — games fetch state directly from contracts +- Fully on-chain with verifiable outcomes and instant settlement +- Agent-friendly PvP revenue model +- 90% lower operating costs than traditional gaming studios due to no server infrastructure + +## Market Positioning +- Target market: Adults 18-45 (centered 25-34), primarily US/UK +- Secondary market: Solana degens, Solana Seeker and Play Solana communities +- Revenue model: House takes share from losing side in PvP games +- Distribution: Multiple publishing platforms (itch.io, GOG, Poki, etc.) + +## Significance +First documented case of a futarchy-governed casino/gaming project fundraise. The 39.9% commitment rate suggests either insufficient market validation for the casino model, skepticism about post-Send-ecosystem viability, or general futarchy fundraise market conditions in early 2026. The refunding outcome provides data on futarchy ICO failure modes. + +## Relationship to KB +- [[send-arcade]] — parent entity +- [[futardio]] — fundraising platform +- [[MetaDAO]] — futarchy infrastructure +- Related to [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — tests whether futarchy works for non-meme utility projects \ No newline at end of file diff --git a/entities/internet-finance/send-arcade.md b/entities/internet-finance/send-arcade.md new file mode 100644 index 000000000..dc8610c1f --- /dev/null +++ b/entities/internet-finance/send-arcade.md @@ -0,0 +1,33 @@ +--- +type: entity +entity_type: company +name: "Send Arcade" +domain: internet-finance +status: active +founded: 2024 +website: "https://www.sendarcade.fun/" +twitter: "https://x.com/sendarcadefun" +github: "https://github.com/SendArcade" +key_metrics: + games_built: "10+" + onchain_plays: "9M+" + arr: "$200k+" + farcaster_plays: "20k+" + farcaster_users: "3k+" +tracked_by: rio +created: 2026-03-11 +--- + +# Send Arcade + +Real-money casual gaming arcade built on Solana, originally part of the Send Ecosystem ($SEND token). Operates as a fully on-chain casino with verifiable outcomes and instant settlement. After the Send token was sunset in early 2026, Send Arcade became independent and launched a futarchy-governed fundraise on Futardio. + +## Timeline +- **2024-H2** — Launched under Send Ecosystem, built 10+ games, achieved 9M+ on-chain plays and $200k+ ARR +- **2026-01** — Send token sunset, Send Arcade became independent entity +- **2026-03-04** — [[send-arcade-futardio-fundraise]] launched on Futardio targeting $288k, reached $114.9k committed before refunding + +## Relationship to KB +- [[futardio]] — fundraising platform +- [[MetaDAO]] — futarchy infrastructure provider +- Example of futarchy-governed casino/gaming project attempting to raise capital through conditional markets \ No newline at end of file diff --git a/inbox/archive/2026-03-04-futardio-launch-send-arcade.md b/inbox/archive/2026-03-04-futardio-launch-send-arcade.md index 758c9e463..44c580530 100644 --- a/inbox/archive/2026-03-04-futardio-launch-send-arcade.md +++ b/inbox/archive/2026-03-04-futardio-launch-send-arcade.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/ActRESLUCdMzU4BnEE5VtMM2JG5ghZuKWkjXfiB5GdS7" date: 2026-03-04 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: "Source is a futarchy fundraise launch page for Send Arcade. Primary extraction is entity data (new company + decision_market for the fundraise). No novel claims about futarchy mechanisms — this is a standard application of existing futarchy ICO infrastructure. The 39.9% commitment rate and refunding outcome is significant as a data point on futarchy fundraise success rates, but not sufficient alone to generate a new claim. Added as enrichment context to existing futarchy adoption and fundraising claims through the decision_market entity." --- ## Launch Details @@ -198,3 +202,14 @@ Secondary Market : Solana Degens - Token mint: `AaEYgXdHpzS9bBgAvDriVMvKDQUnqtVYAtLZJGjometa` - Version: v0.7 - Closed: 2026-03-05 + + +## Key Facts +- Send Arcade built 10+ games with 9M+ on-chain plays and $200k+ ARR under Send Ecosystem (2024) +- Send token was sunset in January 2026, forcing Send Arcade to become independent +- Send Arcade Futardio raise targeted $288k for 11-month runway at $20k/month burn rate +- Raise achieved $114,933 committed (39.9% of target) before entering refunding status +- Send Arcade claims 90% lower operating costs than traditional gaming studios due to zero backend architecture +- Send Arcade won 2x Blinkathon, Solana AI Hackathon, Realtime Hackathon, and other competitions +- Games achieved 20k+ plays across 3k+ unique users on Farcaster +- Target market: Adults 18-45 (centered 25-34), primarily US/UK players