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4 changed files with 29 additions and 34 deletions
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@ -46,7 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
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- **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
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- **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
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2026-03-05** — [[git3-futardio-fundraise]] launched targeting $100K for on-chain Git infrastructure, refunded at $28,266 (28.3% of target)
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- **2026-03-05** — [[git3-futardio-fundraise]] launched: $100K target for on-chain Git infrastructure, closed refunding with $28,266 (28.3%)
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## Competitive Position
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## Competitive Position
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **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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- **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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@ -10,13 +10,14 @@ proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJK
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proposal_date: 2026-03-05
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proposal_date: 2026-03-05
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resolution_date: 2026-03-06
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resolution_date: 2026-03-06
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category: "fundraise"
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category: "fundraise"
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summary: "Git3 attempted to raise $100K for on-chain Git infrastructure development through Futardio but reached only 28% of target before refunding"
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summary: "Git3 attempted to raise $100K for on-chain Git infrastructure through futarchy-governed launch"
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key_metrics:
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key_metrics:
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funding_target: "$100,000"
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funding_target: "$100,000"
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total_committed: "$28,266"
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total_committed: "$28,266"
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commitment_ratio: "28.3%"
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completion_rate: "28.3%"
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token: "6VT"
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launch_token: "6VT"
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token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
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token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
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launch_address: "HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
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tracked_by: rio
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tracked_by: rio
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created: 2026-03-11
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created: 2026-03-11
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---
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---
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@ -25,30 +26,28 @@ created: 2026-03-11
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## Summary
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## Summary
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Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to accelerate development of on-chain Git infrastructure with x402 monetization. The raise attracted $28,266 (28.3% of target) before entering refunding status, representing a failed capital formation attempt for blockchain-based code storage infrastructure.
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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.
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## Market Data
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## Market Data
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- **Outcome:** Failed (Refunding)
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- **Outcome:** Failed (refunding)
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- **Platform:** Futardio
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- **Target:** $100,000
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- **Target:** $100,000
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- **Committed:** $28,266 (28.3%)
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- **Committed:** $28,266 (28.3%)
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- **Duration:** 2026-03-05 to 2026-03-06 (1 day)
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- **Duration:** 1 day (2026-03-05 to 2026-03-06)
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- **Token:** 6VT
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- **Token:** 6VT
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## Significance
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## Significance
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This represents a test case for futarchy-governed fundraising for developer infrastructure. The low commitment ratio (28.3%) suggests either:
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This represents a test case for futarchy-governed fundraising in developer infrastructure. The low completion rate (28.3%) suggests either:
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1. Market skepticism about on-chain Git storage value proposition
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1. Market skepticism about on-chain Git value proposition
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2. Insufficient liquidity/awareness in early Futardio ecosystem
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2. Insufficient liquidity/attention for developer tools on futarchy platforms
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3. Competitive positioning challenges versus established Git hosting
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3. Timing or execution issues in the launch
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4. Timing issues with developer infrastructure fundraising
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The rapid refunding (within 1 day) demonstrates the unruggable ICO mechanism working as designed — investors can force liquidation when projects fail to meet funding thresholds.
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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.
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## Relationship to KB
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## Relationship to KB
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- [[git3]] — parent company entity
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- [[git3]] — parent entity
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- [[futardio]] — fundraising platform
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- [[futardio]] — fundraising platform
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- [[MetaDAO]] — underlying futarchy infrastructure
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- [[MetaDAO]] — futarchy governance infrastructure
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- Tests futarchy-governed fundraising for developer tools market
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- 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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@ -7,14 +7,12 @@ status: active
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founded: 2025
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founded: 2025
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headquarters: "Unknown"
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headquarters: "Unknown"
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website: "https://git3.io"
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website: "https://git3.io"
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twitter: "https://x.com/TryGit3"
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telegram: "https://t.me/Git3io"
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key_people:
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key_people:
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- "Unknown"
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- "Unknown"
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key_metrics:
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key_metrics:
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funding_target: "$100,000"
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funding_target: "$100,000"
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total_committed: "$28,266"
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total_committed: "$28,266"
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status: "refunding"
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launch_status: "refunding"
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monthly_burn: "$8,000"
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monthly_burn: "$8,000"
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runway_target: "12-13 months"
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runway_target: "12-13 months"
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tracked_by: rio
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tracked_by: rio
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@ -23,16 +21,15 @@ created: 2026-03-11
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# Git3
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# Git3
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Git3 is infrastructure that brings Git repositories on-chain through permanent storage on 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 cryptographically.
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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.
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## Timeline
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## Timeline
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- **2026-03-05** — [[git3-futardio-fundraise]] launched on Futardio targeting $100K, reached $28,266 before refunding
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- **2026-03-05** — Launched futarchy-governed fundraise on Futardio targeting $100K for on-chain Git infrastructure
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- **2025-Q1** — MVP launched at git3.io with GitHub Actions integration and terminal interface
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- **2026-03-06** — Fundraise closed in refunding status with $28,266 committed (28.3% of target)
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## Relationship to KB
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## Relationship to KB
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- [[futardio]] — fundraising platform
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- [[futardio]] — fundraising platform
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- [[MetaDAO]] — futarchy governance infrastructure
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- [[MetaDAO]] — futarchy governance infrastructure
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- Implements on-chain code storage with x402 monetization protocol
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- 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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- Targets developer economy ($500B+ market) through "vampire attack" GitHub integration strategy
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@ -12,7 +12,7 @@ event_type: launch
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processed_by: rio
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processed_by: rio
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processed_date: 2026-03-11
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Launch announcement for Git3 futarchy-governed fundraise. Primarily factual data about company, product roadmap, and fundraising mechanics. No novel claims about futarchy mechanisms or market dynamics beyond what's already captured in existing KB claims. The failed fundraise (28.3% of target) is significant as an entity event but doesn't generate new theoretical insights. Extracted as entity data (new company + decision_market) rather than claims."
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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."
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## Launch Details
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## Launch Details
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@ -275,11 +275,10 @@ Future revenue streams include enterprise licensing, premium features, and custo
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## Key Facts
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## Key Facts
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- Git3 fundraise launched 2026-03-05 targeting $100,000
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- Git3 fundraise launched 2026-03-05 targeting $100K
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- Git3 raised $28,266 (28.3% of target) before refunding
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- Fundraise closed 2026-03-06 with $28,266 committed (28.3% of target)
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- Git3 MVP live at git3.io with GitHub Actions integration
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- Git3 MVP live at https://git3.io
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- Git3 monthly burn estimate: $8,000 ($5K team, $2K infrastructure, $1K marketing)
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- Monthly burn estimate: $8K ($5K team, $2K infrastructure, $1K marketing)
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- Git3 stores repositories on Irys blockchain as NFTs
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- Revenue model: creator fees on NFT sales, protocol fees via x402, agent royalties
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- Git3 implements x402 protocol for code monetization
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- Technical stack: Irys blockchain storage, GitHub Actions integration, Thirdweb wallet
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- Git3 token: 6VT (mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta)
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- Roadmap: Phase 1 (MVP complete), Phase 2 (NFT marketplace + x402, Q2-Q3 2025), Phase 3 (token + ecosystem, Q4 2025)
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- Irys blockchain specs: 100K+ TPS, 1ms latency
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