rio: extract from 2026-03-05-futardio-launch-git3.md

- Source: inbox/archive/2026-03-05-futardio-launch-git3.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

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@ -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 - **2026-03-07** — 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** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
- **2026-03-05** — [[git3-futardio-fundraise]] launched: $100K target for on-chain Git infrastructure, closed refunding with $28,266 (28.3%)
## Competitive Position ## Competitive Position
- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **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." - **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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---
type: entity
entity_type: decision_market
name: "Git3: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[git3]]"
platform: "futardio"
proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: "fundraise"
summary: "Git3 attempted to raise $100K for on-chain Git infrastructure through futarchy-governed launch"
key_metrics:
funding_target: "$100,000"
total_committed: "$28,266"
completion_rate: "28.3%"
launch_token: "6VT"
token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
launch_address: "HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
tracked_by: rio
created: 2026-03-11
---
# Git3: Futardio Fundraise
## Summary
Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to build on-chain Git infrastructure with permanent storage on Irys blockchain, repository NFTs, and x402 protocol monetization. The raise closed in refunding status after one day with only 28.3% of target committed.
## Market Data
- **Outcome:** Failed (refunding)
- **Target:** $100,000
- **Committed:** $28,266 (28.3%)
- **Duration:** 1 day (2026-03-05 to 2026-03-06)
- **Token:** 6VT
## Significance
This represents a test case for futarchy-governed fundraising in developer infrastructure. The low completion rate (28.3%) suggests either:
1. Market skepticism about on-chain Git value proposition
2. Insufficient liquidity/attention for developer tools on futarchy platforms
3. Timing or execution issues in the launch
The project had a complete technical roadmap (MVP live, 3-phase development plan) and clear revenue model (creator fees, protocol fees, agent royalties), but failed to attract sufficient capital commitment through the futarchy mechanism.
## Relationship to KB
- [[git3]] — parent entity
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy governance infrastructure
- Relevant to [[futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility]]

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@ -0,0 +1,35 @@
---
type: entity
entity_type: company
name: "Git3"
domain: internet-finance
status: active
founded: 2025
headquarters: "Unknown"
website: "https://git3.io"
key_people:
- "Unknown"
key_metrics:
funding_target: "$100,000"
total_committed: "$28,266"
launch_status: "refunding"
monthly_burn: "$8,000"
runway_target: "12-13 months"
tracked_by: rio
created: 2026-03-11
---
# Git3
Git3 is infrastructure that brings Git repositories on-chain through the Irys blockchain, enabling code ownership, censorship resistance, and monetization through the x402 protocol. Each repository is stored as an NFT with complete Git history preserved on-chain.
## Timeline
- **2026-03-05** — Launched futarchy-governed fundraise on Futardio targeting $100K for on-chain Git infrastructure
- **2026-03-06** — Fundraise closed in refunding status with $28,266 committed (28.3% of target)
## Relationship to KB
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy governance infrastructure
- Git3 represents application of futarchy-governed fundraising to developer infrastructure, testing whether on-chain code storage attracts capital through prediction markets

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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
date: 2026-03-05 date: 2026-03-05
domain: internet-finance domain: internet-finance
format: data format: data
status: unprocessed status: processed
tags: [futardio, metadao, futarchy, solana] tags: [futardio, metadao, futarchy, solana]
event_type: launch event_type: launch
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
extraction_notes: "Factual launch data for Git3 futarchy-governed fundraise. No novel claims about futarchy mechanisms — the failure case is documented but doesn't generate new theoretical insights beyond existing claims about futarchy adoption friction and brand separation. Entity data captures the launch event and outcome for reference."
--- ---
## Launch Details ## Launch Details
@ -268,3 +272,13 @@ Future revenue streams include enterprise licensing, premium features, and custo
- Token mint: `6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta` - Token mint: `6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta`
- Version: v0.7 - Version: v0.7
- Closed: 2026-03-06 - Closed: 2026-03-06
## Key Facts
- Git3 fundraise launched 2026-03-05 targeting $100K
- Fundraise closed 2026-03-06 with $28,266 committed (28.3% of target)
- Git3 MVP live at https://git3.io
- Monthly burn estimate: $8K ($5K team, $2K infrastructure, $1K marketing)
- Revenue model: creator fees on NFT sales, protocol fees via x402, agent royalties
- Technical stack: Irys blockchain storage, GitHub Actions integration, Thirdweb wallet
- Roadmap: Phase 1 (MVP complete), Phase 2 (NFT marketplace + x402, Q2-Q3 2025), Phase 3 (token + ecosystem, Q4 2025)