From ed1f199ab27f83c71ba3bdcb2316660e8bd2a932 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 03:57:28 +0000 Subject: [PATCH] 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 --- entities/internet-finance/futardio.md | 1 + .../torch-market-futardio-fundraise.md | 42 +++++++++++++++++++ entities/internet-finance/torch-market.md | 33 +++++++++++++++ ...2026-03-05-futardio-launch-torch-market.md | 14 ++++++- 4 files changed, 89 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/torch-market-futardio-fundraise.md create mode 100644 entities/internet-finance/torch-market.md diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..b137a688 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 +- **2026-03-05** — [[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." diff --git a/entities/internet-finance/torch-market-futardio-fundraise.md b/entities/internet-finance/torch-market-futardio-fundraise.md new file mode 100644 index 00000000..005e760c --- /dev/null +++ b/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]] \ No newline at end of file diff --git a/entities/internet-finance/torch-market.md b/entities/internet-finance/torch-market.md new file mode 100644 index 00000000..9d829034 --- /dev/null +++ b/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]] \ No newline at end of file diff --git a/inbox/archive/2026-03-05-futardio-launch-torch-market.md b/inbox/archive/2026-03-05-futardio-launch-torch-market.md index 403e38e8..a3e046f1 100644 --- a/inbox/archive/2026-03-05-futardio-launch-torch-market.md +++ b/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