rio: extract from 2026-03-03-futardio-launch-cloak.md

- Source: inbox/archive/2026-03-03-futardio-launch-cloak.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/cloak.md

@@ -10,32 +10,27 @@ key_metrics:
   raise_target: "$300,000"
   total_committed: "$1,455"
   raise_outcome: "refunded"
+  token_symbol: "8RS"
   ico_price: "$0.03"
-  token_supply: "15.9M $CLOAK max (12.9M circulating)"
-  team_allocation: "3M tokens (18.9%) performance-locked"
-  liquidity_allocation: "2.9M tokens (18.2%)"
-  ico_allocation: "10M tokens (62.9%)"
+  fdv_at_launch: "$477,000"
+  total_supply: "15.9M"
+  circulating_at_launch: "12.9M"
 tracked_by: rio
 created: 2026-03-11
 ---
 
 # Cloak
 
-Cloak is a privacy infrastructure protocol on Solana that enables private DCA (dollar-cost averaging) execution through ZK-proof privacy pools. The protocol routes trades through unlinkable session wallets to prevent on-chain surveillance, MEV extraction, and copy trading. Built during the Solana Cypherpunk Hackathon, Cloak launched in private beta on mainnet before attempting a futarchy-governed fundraise on Futardio.
+Cloak is a privacy infrastructure protocol on Solana that enables private DCA (dollar-cost averaging) execution through ZK-proof privacy pools and session wallet architecture. The protocol routes trades through Privacy.cash pools to break on-chain links between user wallets and trading strategies.
 
-The project raised only $1,455 of its $300,000 target and entered refunding status, making it one of the earliest failed futarchy launches on the platform.
+Cloak raised on Futardio with a $300K target but only attracted $1,455 in commitments before entering refund status. The project was built during the Solana Cypherpunk Hackathon and launched in private beta on mainnet before the fundraise.
 
 ## Timeline
-
-- **2026-03-03** — Futardio fundraise launched with $300K target for 24-month runway covering 2-person team ($10K/month), security audit ($30K), and infrastructure ($18K). Token structure: 10M ICO tokens at $0.03, 2.9M liquidity, 3M team tokens with performance unlocks at 2x/4x/8x/16x/32x ICO price with 18-month cliff.
-- **2026-03-04** — Fundraise closed with only $1,455 committed (0.49% of target). Status: refunding. All commitments returned to participants.
+- **2026-03-03** — Futardio fundraise launched with $300K target, $0.03 ICO price, 15.9M token supply
+- **2026-03-04** — Fundraise closed with only $1,455 committed (0.49% of target), entered refunding status
 
 ## Relationship to KB
-
 - [[futardio]] — launch platform
 - [[MetaDAO]] — futarchy governance infrastructure
-- [[Privacy.cash]] — ZK-proof privacy pool integration
-- [[Jupiter]] — DEX execution layer
-- [[Oro]] — first RWA integration (tokenized gold)
-- Product demonstrates [[futarchy-variance-creates-portfolio-problem-because-mechanism-selects-both-top-performers-and-worst-performers-simultaneously]] — failed to attract capital despite technical execution
-- Architecture relevant to privacy DeFi and anti-surveillance infrastructure discussions
+- Privacy-focused DeFi on Solana
+- Failed to achieve product-market fit despite technical implementation

entities/internet-finance/futardio.md

@@ -46,7 +46,6 @@ 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
-- **2026-03-03** — Cloak privacy DeFi protocol launched fundraise ($300K target), failed with $1,455 committed (0.49%), demonstrating futarchy variance in project selection
 ## 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/oro.md

@@ -1,25 +0,0 @@
----
-type: entity
-entity_type: company
-name: "Oro"
-domain: internet-finance
-status: active
-platform: solana
-product_type: tokenized_gold
-tracked_by: rio
-created: 2026-03-11
----
-
-# Oro
-
-Oro is a tokenized gold protocol on Solana, representing real-world gold assets on-chain. The protocol enables on-chain gold accumulation and trading, positioning itself as RWA infrastructure for precious metals.
-
-## Timeline
-
-- **2026-03-03** — First RWA integration with Cloak, enabling private DCA into tokenized gold with automatic accumulation from leftover trade change
-
-## Relationship to KB
-
-- [[cloak]] — first privacy DeFi integration
-- [[areal]] — parallel RWA tokenization effort on Solana
-- Demonstrates RWA expansion beyond equity and debt into commodities

entities/internet-finance/privacy-cash.md

@@ -1,24 +0,0 @@
----
-type: entity
-entity_type: company
-name: "Privacy.cash"
-domain: internet-finance
-status: active
-platform: solana
-tracked_by: rio
-created: 2026-03-11
----
-
-# Privacy.cash
-
-Privacy.cash is a ZK-proof privacy pool protocol on Solana that enables cryptographically private deposits and withdrawals. The protocol uses commitment-based deposits where ownership is provably hidden, creating anonymity sets that strengthen with usage. Privacy.cash serves as infrastructure for privacy-preserving DeFi applications.
-
-## Timeline
-
-- **2026-03-03** — Integrated by Cloak for private DCA execution, demonstrating production use of ZK privacy pools on Solana mainnet
-
-## Relationship to KB
-
-- [[cloak]] — first known integration for private DCA
-- Infrastructure for privacy-preserving DeFi on Solana
-- ZK-proof implementation for on-chain privacy

inbox/archive/2026-03-03-futardio-launch-cloak.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: "Cloak fundraise is a failed futarchy launch with minimal traction ($1,455 of $300K). No novel claims extracted — the privacy DeFi architecture and futarchy variance dynamics are already covered in existing KB claims. Created entity pages for Cloak (failed company), Privacy.cash (ZK infrastructure), and Oro (tokenized gold RWA). Updated Futardio timeline with this launch outcome. Source demonstrates futarchy's selection variance but adds no new mechanism insight beyond existing claims."
+extraction_notes: "Cloak fundraise failed dramatically (0.49% of target), suggesting either poor market timing, insufficient traction demonstration, or lack of demand for private DCA infrastructure. Despite technical implementation (mainnet beta, Privacy.cash integration, Oro RWA integration), the project could not attract capital. This is a data point on futarchy-governed fundraising outcomes and privacy DeFi product-market fit. No novel claims extracted — the failure itself is the primary signal. Entity created to track the launch outcome."
 ---
 
 ## Launch Details
@@ -224,12 +224,12 @@ Worst case: the first and only private DCA product on Solana, used by whales who
 
 
 ## Key Facts
-- Cloak raised $1,455 of $300,000 target (0.49% success rate)
-- Cloak team: Vaibhav (CoinDCX, PermaSign, Instadapp, Push Chain) and Prasad (Stealth, PermaSign)
-- Cloak integrated Privacy.cash ZK-proof pools, Jupiter DEX, and Oro tokenized gold
-- Cloak token structure: 10M ICO tokens at $0.03, 2.9M liquidity tokens, 3M team tokens with performance unlocks
-- Team tokens unlock at 2x/4x/8x/16x/32x ICO price ($0.06/$0.12/$0.24/$0.48/$0.96) with 18-month cliff and 3-month TWAP settlement
-- Estimated MEV extraction from Solana: $370M-$500M over 16 months (mid-2025)
-- Cloak fee structure: 0.25% on volume
-- Cloak supports private DCA into SOL, cbBTC, ZEC, and Oro (gold)
-- Built during Solana Cypherpunk Hackathon, live in private beta on mainnet
+- Cloak raised $1,455 of $300K target (0.49%) on Futardio (2026-03-03 to 2026-03-04)
+- Cloak integrated Privacy.cash ZK-proof pools for private DCA on Solana
+- Cloak was first protocol to offer private DCA into RWAs (Oro tokenized gold)
+- Cloak supported private DCA into SOL, cbBTC, ZEC at launch
+- Cloak team: Vaibhav (CoinDCX, PermaSign) and Prasad (Stealth, PermaSign)
+- Token allocation: 62.9% ICO, 18.2% liquidity, 18.9% team (performance-locked)
+- Team tokens unlock at 2x, 4x, 8x, 16x, 32x ICO price with 18-month cliff
+- Estimated MEV extraction on Solana: $370M-$500M over 16 months (mid-2025)
+- Cloak estimated whale DCA cost at $10K-$40K/month in adverse price impact