rio: extract from 2026-02-26-futardio-launch-fitbyte.md

- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/fitbyte.md

@@ -4,33 +4,25 @@ entity_type: company
 name: "FitByte"
 domain: internet-finance
 status: failed
-founded: 2026
+platform: "futardio"
-platform: "Solana"
+funding_target: "$500,000"
-parent_entity: "[[futardio]]"
+total_raised: "$23"
+launch_date: 2026-02-26
+close_date: 2026-02-27
+outcome: "refunding"
 tracked_by: rio
 created: 2026-03-11
-key_metrics:
-  raise_target: "$500,000"
-  total_committed: "$23"
-  launch_date: "2026-02-26"
-  close_date: "2026-02-27"
-  outcome: "refunding"
 ---
 
 # FitByte
 
-FitByte was a health and fitness protocol on Solana that attempted to combine workout-to-earn mechanics with health data sovereignty and monetization. The project raised through MetaDAO's Futardio platform with a $500,000 target but closed after one day with only $23 committed, entering refunding status.
+FitByte was a health and fitness protocol on Solana proposing a workout-to-earn model with sovereign health data ownership. The project raised through MetaDAO's futarchy-governed ICO platform (Futardio), positioning itself as infrastructure for users to monetize their health data through explicit consent to researchers and clinical trial operators. The raise failed immediately, collecting only $23 against a $500,000 target before entering refunding status within 24 hours.
-
-The project's thesis centered on four pillars: workout-to-earn token rewards tied to verified physical activity, user-owned health data with full sovereignty, paid data sharing for research and clinical trials, and broader health ecosystem integration. The team positioned the raise through futarchy governance as aligned with their data sovereignty principles.
 
 ## Timeline
-
+- **2026-02-26** — Launched ICO on [[futardio]] with $500K target, positioning health data sovereignty and workout-to-earn mechanics
-- **2026-02-26** — Launched fundraise on Futardio targeting $500,000 for health data sovereignty protocol
+- **2026-02-27** — Closed in refunding status with $23 raised (0.0046% of target)
-- **2026-02-27** — Fundraise closed with $23 committed (0.0046% of target), entered refunding status
 
 ## Relationship to KB
-
 - [[futardio]] — launch platform
 - [[MetaDAO]] — governance infrastructure provider
-
+- Example of failed futarchy-governed raise with minimal market interest
-FitByte represents a failed launch on the futarchy platform, demonstrating that governance mechanism quality does not guarantee project viability or market demand.

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
-- **2026-02-26** — [[fitbyte]] launched $500K health data sovereignty raise, closed next day with $23 committed (refunding)
 ## 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."

inbox/archive/2026-02-26-futardio-launch-fitbyte.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: "FitByte launch is a failed fundraise with trivial commitment ($23 vs $500K target). No novel claims about futarchy mechanisms or health data markets — the pitch contains standard rhetoric about data sovereignty and workout-to-earn that is not backed by evidence beyond the company's own assertions. The failure itself is a data point (extreme undersubscription) but does not support any arguable claim about why it failed or what this means for futarchy launches generally. Entity extraction only — no claims warranted."
+extraction_notes: "Failed ICO with trivial raise ($23). No novel claims extractable — pitch contains standard workout-to-earn and data sovereignty rhetoric without new mechanism insight. Entity created to document Futardio launch activity. The immediate failure (24-hour close, 0.0046% of target) suggests either test launch, spam, or complete market rejection. No enrichments to existing claims warranted."
 ---
 
 ## Launch Details
@@ -106,8 +106,8 @@ MetaDAO's Unruggable ICO model enforces what most projects only claim. Raise pro
 
 
 ## Key Facts
-- FitByte targeted $500,000 raise on Futardio (2026-02-26)
+- FitByte ICO launched 2026-02-26 on Futardio with $500K target
-- FitByte closed with $23 committed after one day (2026-02-27)
+- Raised $23 total before closing in refunding status 2026-02-27
-- FitByte token: 6GF, mint: 6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta
+- Token: 6GF, mint address 6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta
-- FitByte launch address: 8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2
+- Launch address: 8AsLQuzVHwAjiQa9pkgoPHkEy523X7gQYs9zJfMtiqi2
-- Global health data market valued in hundreds of billions (per FitByte pitch)
+- Website listed as https://henry.com (likely placeholder/error)