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

@@ -46,7 +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]] failed: Torch Market $75K raise entered refunding after 1 day
+- **2026-03-05** — [[torch-market-futardio-fundraise]] launched seeking $75,000, 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

@@ -6,11 +6,15 @@ domain: internet-finance
 status: failed
 parent_entity: "[[torch-market]]"
 platform: "futardio"
+proposer: "mrsirg97-rgb"
 proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
 proposal_date: 2026-03-05
 resolution_date: 2026-03-06
 category: "fundraise"
-summary: "$75K fundraise for Torch Market DeFi protocol development and marketing entered refunding status after one day"
+summary: "Torch Market sought $75,000 for 6-month runway to fund marketing team and operations"
+funding_target: "$75,000"
+token_symbol: "5pF"
+token_mint: "5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta"
 tracked_by: rio
 created: 2026-03-11
 ---
@@ -18,19 +22,20 @@ created: 2026-03-11
 # Torch Market: Futardio Fundraise
 
 ## Summary
-Torch Market attempted to raise $75,000 through Futardio to fund a 6-month runway covering infrastructure, founder compensation, marketing team (2 people), and 50 SOL for mainnet token bonding. The fundraise entered refunding status after one day, closing on 2026-03-06.
+Torch Market launched a futarchy-governed fundraise on Futardio seeking $75,000 to fund a 6-month runway. The budget breakdown included marketing team ($6,000/month for 2 people), founder salary ($3,000/month), infrastructure costs ($540-1,540/month for Helius RPC and frontend deployment), and $5,000 flat for bonding a new token on mainnet. The raise closed in refunding status after one day.
 
 ## Market Data
 - **Outcome:** Failed (Refunding)
-- **Target:** $75,000
+- **Proposer:** mrsirg97-rgb
 - **Duration:** 1 day (2026-03-05 to 2026-03-06)
-- **Token:** 5pF
-- **Platform Version:** v0.7
+- **Funding Target:** $75,000
+- **Total Committed:** Not disclosed
 
 ## Significance
-This represents an early-stage DeFi protocol attempting to use futarchy-governed fundraising for operational capital. The rapid failure (1 day to refunding) suggests either insufficient market interest, timing issues, or concerns about the project's viability despite its formal verification and existing traction (4K Clawhub downloads).
+This represents a typical early-stage DeFi protocol attempting to use futarchy-governed fundraising for operational capital. The project had technical credibility (formal verification, audit, live on mainnet) but failed to attract sufficient market confidence for the raise. The rapid closure suggests either insufficient marketing preparation or market skepticism about the value proposition relative to existing Solana DeFi protocols.
 
 ## Relationship to KB
 - [[torch-market]] — parent entity
 - [[futardio]] — fundraising platform
-- [[MetaDAO]] — underlying futarchy infrastructure
+- [[MetaDAO]] — underlying futarchy infrastructure
+- Demonstrates futarchy-governed fundraising for operational capital (not just governance decisions)

entities/internet-finance/torch-market.md

@@ -5,18 +5,34 @@ 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: "~4k"
+  deployment: "devnet/mainnet"
+  version: "3.7.10"
 ---
 
 # Torch Market
 
-Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield features in a single on-chain protocol designed for both human and AI agent users. The protocol is formally verified (48/48 Kani proof harnesses) and has been audited. It launched on Solana devnet/mainnet with an open-source SDK (torchsdk on npm with ~4K downloads via Clawhub agent skill). The protocol is designed to be non-extractive with economic flows returning to the community, and features permissionless migration to DEX funded by token treasuries.
+Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield generation in a single on-chain protocol designed for both human and AI agent users. Built on Solana, the protocol is formally verified (48/48 kani proof harnesses) and has been audited. The protocol uses SPL token2022 primitives to enable governance and DeFi capabilities with non-extractive economics where all value flows back to the community.
 
 ## Timeline
-- **2026-03-05** — [[torch-market-futardio-fundraise]] failed: $75K fundraise on Futardio entered refunding status
+- **2026-03-05** — [[torch-market-futardio-fundraise]] launched on Futardio seeking $75,000 for 6-month runway (marketing team, infrastructure, founder salary)
+- **2026-03-06** — Futardio fundraise closed with REFUNDING status
 
 ## Relationship to KB
-- [[futardio]] — attempted fundraise platform
+- [[futardio]] — fundraising platform used
 - [[MetaDAO]] — futarchy governance infrastructure
-- Part of Solana DeFi ecosystem exploring futarchy-governed launches
+- Protocol demonstrates formally verified DeFi architecture with agent-first design philosophy
+
+## Resources
+- [Whitepaper](https://torch.market/whitepaper)
+- [Formal Verification](https://torch.market/verification.md)
+- [Audit](https://torch.market/audit.md)
+- [GitHub](https://github.com/mrsirg97-rgb)
+- [NPM SDK](https://www.npmjs.com/package/torchsdk)
+- [Clawhub Agent Skill](https://clawhub.ai/mrsirg97-rgb/torchmarket)

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

@@ -12,7 +12,7 @@ event_type: launch
 processed_by: rio
 processed_date: 2026-03-11
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Single launch event with refunding status. Created entity pages for Torch Market (company) and the failed fundraise (decision_market). No extractable claims — this is purely factual data about a failed fundraise. The rapid failure (1 day) is notable but insufficient evidence alone to support broader claims about futarchy fundraising dynamics without additional context or pattern data."
+extraction_notes: "Source is a Futardio launch page for Torch Market fundraise. No novel claims about futarchy mechanisms or market dynamics — this is a standard failed fundraise. Created entity pages for Torch Market (company) and the fundraise decision market. Project has technical credibility (formal verification, audit, mainnet deployment) but failed to attract capital. Significance threshold met due to formal verification claims and agent-first design philosophy, though the fundraise itself failed quickly."
 ---
 
 ## Launch Details
@@ -75,7 +75,9 @@ total: 69k-70k + flat 5k = 70k-75k total
 
 
 ## Key Facts
-- Torch Market has 48/48 Kani formal verification proof harnesses
-- Torch Market SDK (torchsdk) has ~4K downloads on Clawhub
-- Torch Market requested $75K for 6-month runway: $500-1500/mo infrastructure, $3K/mo founder, $2K/mo marketing, $6K/mo marketing team (2 people), plus $5K flat for 50 SOL mainnet bonding
-- Torch Market is live on Solana devnet/mainnet at version 3.7.10
+- Torch Market v3.7.10 live on Solana devnet/mainnet
+- 48/48 kani proof harnesses formally verify protocol math
+- ~4k downloads on Clawhub agent skill
+- Torch Market fundraise sought $75,000 for 6-month runway
+- Budget breakdown: $6k/month marketing team, $3k/month founder, $540-1,540/month infrastructure, $5k flat for token bonding
+- Fundraise closed refunding status after 1 day (2026-03-05 to 2026-03-06)