rio: extract from 2026-03-05-futardio-launch-git3.md

- Source: inbox/archive/2026-03-05-futardio-launch-git3.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

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** — [[git3-futardio-fundraise]] launched: $100K target for on-chain Git infrastructure, closed 2026-03-06 with $28,266 (28.3%), status refunding
+- **2026-03-05** — [[git3-futardio-fundraise]] failed: Git3 raised $28,266 of $100K target before 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."

entities/internet-finance/git3-futardio-fundraise.md

@@ -10,13 +10,12 @@ proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJK
 proposal_date: 2026-03-05
 resolution_date: 2026-03-06
 category: "fundraise"
-summary: "Git3 raised $28,266 of $100K target (28.3%) for on-chain Git infrastructure before refunding"
+summary: "Git3 attempted to raise $100K for on-chain Git infrastructure development through Futardio but reached only 28% of target"
 key_metrics:
-  funding_target: "$100,000"
+  raise_target: "$100,000"
   total_committed: "$28,266"
-  oversubscription_ratio: 0.283
-  token: "6VT"
-  token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
+  oversubscription_ratio: 0.28
+  outcome: "refunding"
 tracked_by: rio
 created: 2026-03-11
 ---
@@ -25,29 +24,30 @@ created: 2026-03-11
 
 ## Summary
 
-Git3 launched a $100K fundraise on Futardio to fund 12-13 months of development for on-chain Git infrastructure. The project proposed bringing Git repositories on-chain via Irys blockchain with GitHub Actions integration, repository NFTs, and x402 protocol monetization. The raise closed after one day with $28,266 committed (28.3% of target) and entered refunding status.
+Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to fund 12-13 months of development for on-chain Git infrastructure. The raise attracted $28,266 in commitments (28% of target) before closing in refunding status after one day.
 
 ## Market Data
 
 - **Outcome:** Failed (refunding)
-- **Platform:** Futardio v0.7
-- **Funding Target:** $100,000
-- **Total Committed:** $28,266 (28.3%)
-- **Launch Date:** 2026-03-05
-- **Close Date:** 2026-03-06
+- **Target:** $100,000
+- **Committed:** $28,266
+- **Duration:** 1 day (2026-03-05 to 2026-03-06)
 - **Token:** 6VT
-- **Monthly Burn:** ~$8,000 (team $5K, infrastructure $2K, marketing $1K)
+- **Token mint:** 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta
+
+## Use of Funds Plan
+
+The proposal outlined $8,000/month burn rate:
+- Team: ~$5,000/month (engineering, product, security)
+- Infrastructure: ~$2,000/month (Irys storage, cloud compute, GitHub Actions)
+- Marketing & Ecosystem: ~$1,000/month (developer community, partnerships, content)
 
 ## Significance
 
-This fundraise represents an early test of futarchy-governed capital formation for developer infrastructure. The 28.3% fill rate suggests either insufficient market validation for the Code as Asset thesis, timing issues, or platform liquidity constraints. The one-day duration before closure indicates rapid market consensus on viability.
-
-The proposal's emphasis on "vampire attack" strategy (GitHub Actions integration without workflow disruption) and x402 protocol monetization aligns with Living Capital's thesis on permissionless capital formation, but market response suggests skepticism about execution risk or market timing.
+This represents an early-stage infrastructure project attempting to use futarchy-governed fundraising for developer tools. The 28% subscription rate suggests either insufficient market validation for on-chain Git infrastructure or inadequate community building before launch. The project had live MVP at git3.io but failed to attract sufficient capital through the futarchy mechanism.
 
 ## Relationship to KB
 
 - [[git3]] — parent entity
 - [[futardio]] — fundraising platform
-- [[MetaDAO]] — futarchy infrastructure provider
-- Related to [[cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face]]
-- Related to [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]]
+- [[MetaDAO]] — futarchy infrastructure provider

entities/internet-finance/git3.md

@@ -8,30 +8,26 @@ founded: 2025
 website: "https://git3.io"
 twitter: "https://x.com/TryGit3"
 telegram: "https://t.me/Git3io"
-key_people:
-  - "Git3 team"
 key_metrics:
-  funding_target: "$100,000"
-  total_committed: "$28,266"
-  status: "refunding"
-  launch_date: "2026-03-05"
-  platform: "Futardio"
+  mvp_status: "live"
+  blockchain: "Irys"
+  protocol: "x402"
 tracked_by: rio
 created: 2026-03-11
 ---
 
 # Git3
 
-Git3 is infrastructure that brings Git repositories on-chain, enabling code ownership, censorship resistance, and monetization through the x402 protocol. Built on Irys blockchain, Git3 stores complete Git history as on-chain NFTs with seamless GitHub Actions integration.
+Git3 is infrastructure that brings Git repositories on-chain, enabling code ownership, censorship resistance, and monetization through the x402 protocol. Repositories are stored permanently on Irys blockchain as NFTs, with each repository representing a unique on-chain asset. The platform uses a "vampire attack" strategy through GitHub Actions integration, allowing developers to maintain existing workflows while gaining blockchain benefits.
 
 ## Timeline
 
-- **2025-Q1** — MVP launched at git3.io with terminal interface, GitHub OAuth, and Irys blockchain integration
-- **2026-03-05** — Futardio fundraise launched targeting $100K for 12-13 month runway
-- **2026-03-06** — Fundraise closed with $28,266 committed (28.3% of target), status: refunding
+- **2025-Q1** — MVP launched at git3.io with terminal interface, GitHub OAuth integration, and complete Git history import to Irys blockchain
+- **2026-03-05** — Futardio fundraise launched targeting $100,000 for 12-13 month runway; raised $28,266 before refunding
 
 ## Relationship to KB
 
-- [[futardio]] — fundraising platform
+- [[futardio]] — fundraising platform used for capital raise
 - [[MetaDAO]] — futarchy governance infrastructure
-- Related to Code as Asset (CAA) thesis and x402 protocol monetization
+- Related to x402 protocol for payment rails and agent interoperability
+- Targets developer economy ($500B+ market) through code monetization

inbox/archive/2026-03-05-futardio-launch-git3.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: "Factual launch data for Git3 fundraise on Futardio. No novel claims extracted — the source is primarily a pitch deck with standard startup positioning (vampire attack strategy, Code as Asset thesis, x402 monetization). The 28.3% fill rate is a data point, not a claim. Entity files created for Git3 company and the fundraise decision market. No enrichments to existing claims as this is a new project with no prior KB coverage."
+extraction_notes: "Launch announcement for Git3 futarchy fundraise. Created entity pages for Git3 (new company) and the fundraise decision market. No novel claims about futarchy mechanisms or market dynamics — this is a straightforward failed fundraise with standard structure. The 28% subscription rate is a data point but doesn't constitute a claim about futarchy effectiveness without comparative context."
 ---
 
 ## Launch Details
@@ -275,10 +275,9 @@ Future revenue streams include enterprise licensing, premium features, and custo
 
 
 ## Key Facts
-- Git3 MVP live at git3.io with GitHub OAuth and Irys blockchain integration
-- Git3 fundraise target: $100K for 12-13 month runway
-- Git3 fundraise result: $28,266 committed (28.3% of target)
-- Git3 monthly burn rate: ~$8K (team $5K, infrastructure $2K, marketing $1K)
-- Git3 built on Irys blockchain with 100K+ TPS, 1ms latency
+- Git3 MVP live at git3.io with GitHub Actions integration
+- Git3 uses Irys blockchain for permanent storage
+- Git3 fundraise targeted $100K for 12-13 month runway at $8K/month burn
+- Git3 raised $28,266 (28% of target) before refunding
 - Git3 token: 6VT (mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta)
-- Git3 fundraise closed 2026-03-06 in refunding status
+- Planned revenue streams: creator fees on NFT sales, protocol fees via x402, agent royalties, $GIT3 token