From ff8dd87b756a1cedcfad54ffbd7354e9e920587d Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 10:48:59 +0000 Subject: [PATCH] rio: extract from 2026-03-09-futardio-launch-etnlio.md - Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio --- entities/internet-finance/etnlio.md | 33 +++++++++++++++++++ entities/internet-finance/futardio.md | 1 + .../2026-03-09-futardio-launch-etnlio.md | 15 ++++++++- 3 files changed, 48 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/etnlio.md diff --git a/entities/internet-finance/etnlio.md b/entities/internet-finance/etnlio.md new file mode 100644 index 00000000..8670a2f0 --- /dev/null +++ b/entities/internet-finance/etnlio.md @@ -0,0 +1,33 @@ +--- +type: entity +entity_type: company +name: "Etnl.io" +domain: internet-finance +status: failed +website: "https://etnl.io" +twitter: "https://x.com/etnl_io" +telegram: "https://t.me/etnlio" +tracked_by: rio +created: 2026-03-11 +key_metrics: + futardio_raise_target: "$500,000" + futardio_raise_committed: "$96" + monthly_team_budget: "$30,000" + token_symbol: "64S" + token_mint: "64SnHgEfSdzpnmHEhh2niN8bcAjmhTyEQky2DKWBmeta" +--- + +# Etnl.io + +## Overview + +Etnl.io is a mobile wallet project that attempted to build hardware-level security using smartphone Secure Enclave technology, eliminating the need for external hardware wallets. The project targeted crypto-native users seeking self-custody without seed phrase exposure or external devices. The company attempted to raise $500,000 through Futardio's futarchy-governed platform in March 2026 but failed to attract meaningful capital, raising only $96 before entering refunding status. + +## Timeline + +- **2026-03-09** — Launched Futardio raise targeting $500,000 with $30K/month team budget for Secure Enclave-based mobile wallet development +- **2026-03-10** — Futardio raise failed with only $96 committed (0.019% of target), entered refunding status + +## Relationship to KB + +First documented failed raise on [[futardio]] platform, providing empirical evidence for [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] and challenging optimistic claims about [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]]. The failure is notable because the project had professional presentation, complete documentation, and coherent product narrative, suggesting the barrier was market liquidity rather than project quality. \ No newline at end of file diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..24383c77 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 +- **2026-03-09** — First documented failed raise: [[etnlio]] raised only $96 of $500K target before refunding, revealing platform liquidity constraints ## 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/inbox/archive/2026-03-09-futardio-launch-etnlio.md b/inbox/archive/2026-03-09-futardio-launch-etnlio.md index d414f2f0..ed909d31 100644 --- a/inbox/archive/2026-03-09-futardio-launch-etnlio.md +++ b/inbox/archive/2026-03-09-futardio-launch-etnlio.md @@ -6,7 +6,7 @@ url: "https://www.futard.io/launch/4oiZeLhoDB9jGTFd28kJDKBYheL1Yg1XwR3qPTa69Rx9" date: 2026-03-09 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana] event_type: launch processed_by: rio @@ -14,6 +14,10 @@ processed_date: 2026-03-10 enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md"] extraction_model: "anthropic/claude-sonnet-4.5" extraction_notes: "First documented failed raise on Futardio platform. No new claims warranted—this is empirical evidence of existing friction claims (liquidity requirements, adoption barriers) and challenges optimistic claims about MetaDAO's product-market fit and capital formation speed. The failure is particularly notable because the project had complete documentation, clear use of funds, and a coherent product narrative, suggesting the barrier is market liquidity/participation rather than project quality or information asymmetry." +processed_by: rio +processed_date: 2026-03-11 +enrichments_applied: ["futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing.md"] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Launch Details @@ -75,3 +79,12 @@ The self-custody wallet market is growing rapidly as users move away from centra - Launch address: 4oiZeLhoDB9jGTFd28kJDKBYheL1Yg1XwR3qPTa69Rx9 - Token: 64S, mint: 64SnHgEfSdzpnmHEhh2niN8bcAjmhTyEQky2DKWBmeta - Futardio platform version: v0.7 + + +## Key Facts +- Etnl.io Futardio raise: $500,000 target, $96 committed, refunding status (2026-03-09 to 2026-03-10) +- Etnl.io product: Secure Enclave-based mobile wallet with hardware-level security +- Etnl.io team budget: $30,000/month +- Token: 64S, mint: 64SnHgEfSdzpnmHEhh2niN8bcAjmhTyEQky2DKWBmeta +- Futardio platform version: v0.7 +- Oversubscription ratio: 0.00019 (0.019%)