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]] launched fundraise targeting $75,000, entered refunding status next day
+- **2026-03-05** — Torch Market fundraise launched targeting $75K, closed refunding after one day
 ## 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.md

@@ -4,34 +4,34 @@ entity_type: company
 name: "Torch Market"
 domain: internet-finance
 status: failed
-founded: 2026
-platform: solana
 tracked_by: rio
 created: 2026-03-11
 key_metrics:
   funding_target: "$75,000"
   funding_outcome: "refunding"
-  launch_platform: "futardio"
+  platform: "futardio"
   launch_date: "2026-03-05"
   close_date: "2026-03-06"
 ---
 
 # Torch Market
 
-Torch Market is a Solana-based DeFi protocol combining swap, lending, liquidation, and yield features in a single formally verified protocol designed for both human and agent users. The project attempted to raise $75,000 through Futardio's futarchy-governed launch platform but entered refunding status within one day.
+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 deployed on Solana devnet/mainnet. The project includes an SDK (torchsdk on npm with ~4K downloads via Clawhub agent skill), open-source repositories, and completed security audit.
 
 ## Timeline
-- **2026-03-05** — Launched fundraise on [[futardio]] targeting $75,000 for 6-month runway including marketing team expansion
-- **2026-03-06** — Fundraise closed with refunding status
-
-## Product
-- Frontend live on devnet/mainnet at torch.market
-- 48/48 Kani proof harnesses for formal verification
-- TorchSDK available on npm with ~4K downloads on Clawhub agent skill
-- Completed security audit
-- Open source repositories
+- **2026-03-05** — Launched futarchy-governed fundraise on Futardio targeting $75K for 6-month runway (infrastructure, marketing team, founder compensation)
+- **2026-03-06** — Fundraise closed with refunding status after one day
 
 ## Relationship to KB
 - [[futardio]] — launch platform
-- [[MetaDAO]] — futarchy governance infrastructure
-- Example of futarchy-governed fundraise failure despite technical completion
+- Example of formally verified DeFi protocol attempting futarchy-governed fundraise
+- Demonstrates agent-first protocol design (Clawhub skill, SDK-first architecture)
+
+## Links
+- Website: https://torch.market/
+- 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: https://www.npmjs.com/package/torchsdk
+- Clawhub: 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 failed fundraise launch. No novel claims about futarchy mechanisms or market dynamics. Entity extraction only - the project had technical completion (formal verification, audit, live product) but failed to attract capital through futarchy launch. Significance threshold met due to being a data point on futarchy-governed fundraise outcomes, but no arguable propositions beyond what existing claims already cover about futarchy adoption friction and launch dynamics."
+extraction_notes: "Torch Market fundraise launch. Created new entity for the protocol. No novel claims — this is a standard failed futarchy fundraise with no mechanism insights. The project has technical merit (formal verification, audit, SDK) but the fundraise failed immediately (refunding status after 1 day). Entity created because it meets significance threshold: real capital raise attempt, launched product, formal verification, and active developer ecosystem (4K Clawhub downloads)."
 ---
 
 ## Launch Details
@@ -75,7 +75,8 @@ total: 69k-70k + flat 5k = 70k-75k total
 
 
 ## Key Facts
-- Torch Market raised on Futardio 2026-03-05 targeting $75,000
+- Torch Market raised on Futardio 2026-03-05, targeting $75K
 - Torch Market has 48/48 Kani formal verification proof harnesses
-- TorchSDK has ~4K downloads on Clawhub
-- Fundraise entered refunding status 2026-03-06
+- Torch Market SDK has ~4K downloads on Clawhub
+- Fundraise closed refunding status 2026-03-06
+- Proposed 6-month runway: $500-1500/mo infrastructure, $3K founder, $2K marketing, $6K marketing team (2 people), plus $5K flat for mainnet token bond