rio: extract from 2026-03-05-futardio-launch-torch-market.md

- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.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
+- **2026-03-05** — [[torch-market-futardio-fundraise]] launched targeting $75K for DeFi protocol with formal verification; closed refunding status 2026-03-06
 ## 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/torch-market-futardio-fundraise.md

@@ -0,0 +1,42 @@
+---
+type: entity
+entity_type: decision_market
+name: "Torch Market: Futardio Fundraise"
+domain: internet-finance
+status: failed
+parent_entity: "[[torch-market]]"
+platform: "futardio"
+proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
+proposal_date: 2026-03-05
+resolution_date: 2026-03-06
+category: "fundraise"
+summary: "Torch Market fundraise for $75K to fund 6-month runway including marketing team and mainnet token bond"
+funding_target: "$75,000"
+token_symbol: "5pF"
+token_mint: "5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Torch Market: Futardio Fundraise
+
+## Summary
+Torch Market launched a futarchy-governed fundraise on Futardio targeting $75,000 for a 6-month runway. The funds were allocated primarily to marketing ($2K/month), marketing team ($6K/month for 2 people), founder compensation ($3K/month), infrastructure ($500-1500/month for Helius RPC), and a flat $5K for bonding a new token on mainnet (50 SOL requirement). The raise closed in REFUNDING status after one day.
+
+## Market Data
+- **Outcome:** Failed (Refunding)
+- **Platform:** Futardio v0.7
+- **Duration:** 2026-03-05 to 2026-03-06 (1 day)
+- **Target:** $75,000
+- **Token:** 5pF
+
+## Significance
+This represents an early-stage DeFi protocol attempting to use futarchy-governed fundraising for operational capital. The project emphasized formal verification (48/48 kani proof harnesses), open-source development, and non-extractive tokenomics. The rapid closure in refunding status suggests either insufficient market interest or concerns about the project's viability despite technical credentials.
+
+## Relationship to KB
+- [[torch-market]] — parent entity
+- [[futardio]] — fundraising platform
+- [[MetaDAO]] — futarchy infrastructure provider
+
+Topics:
+- [[domains/internet-finance/_map]]

entities/internet-finance/torch-market.md

@@ -0,0 +1,33 @@
+---
+type: entity
+entity_type: company
+name: "Torch Market"
+domain: internet-finance
+status: active
+website: "https://torch.market"
+twitter: "https://x.com/torch_market"
+founded: 2026
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  formal_verification: "48/48 kani proof harnesses"
+  clawhub_downloads: "~4000"
+  audit_status: "completed"
+  program_version: "3.7.10"
+---
+
+# Torch Market
+
+Torch Market is a Solana-based DeFi protocol combining swap, lending, liquidation, and yield functionality in a single formally verified system. Built on SPL token2022, it implements a non-extractive launchpad model where economic actions flow back to the community and migration to DEX is permissionless and treasury-funded.
+
+## Timeline
+- **2026-03-05** — [[torch-market-futardio-fundraise]] launched on Futardio targeting $75,000 for 6-month runway (marketing team, infrastructure, mainnet token bond)
+- **2026-03-06** — Fundraise closed with REFUNDING status
+
+## Relationship to KB
+- [[futardio]] — fundraising platform
+- [[MetaDAO]] — futarchy governance infrastructure
+- Built for human and agent users with formal verification and open-source SDK
+
+Topics:
+- [[domains/internet-finance/_map]]

inbox/archive/2026-03-05-futardio-launch-torch-market.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
 date: 2026-03-05
 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: "Torch Market fundraise is a failed/refunding launch with trivial significance. Created entity pages because: (1) the project has real technical credentials (formal verification, audit, 4K downloads), (2) demonstrates futarchy-governed fundraising for operational capital in DeFi, and (3) the rapid failure provides data on market filtering. No novel claims extracted — the fundraise structure and outcome are factual events, not arguable propositions about mechanisms or markets."
 ---
 
 ## Launch Details
@@ -68,3 +72,11 @@ total: 69k-70k + flat 5k = 70k-75k total
 - Token mint: `5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta`
 - Version: v0.7
 - Closed: 2026-03-06
+
+
+## Key Facts
+- Torch Market has 48/48 kani proof harnesses for formal verification
+- Torch Market SDK has ~4000 downloads on Clawhub
+- Torch Market program version 3.7.10 live on devnet/mainnet
+- Torch Market fundraise targeted $75K: $69-70K for 6-month runway + $5K for 50 SOL mainnet token bond
+- Monthly burn rate breakdown: $3K founder, $2K marketing, $6K marketing team (2 people), $500-1500 infrastructure