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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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- **2026-03-04** — [[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]] failed: Git3 raised $28,266 of $100K target before refunding
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- **2026-03-05** — [[git3-futardio-fundraise]] launched targeting $100K for on-chain Git infrastructure, reached $28,266 before refunding
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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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- **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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@ -10,12 +10,11 @@ proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJK
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proposal_date: 2026-03-05
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resolution_date: 2026-03-06
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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"
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summary: "Git3 attempted to raise $100K for on-chain Git infrastructure through Futardio but reached only $28,266 before refunding"
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key_metrics:
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raise_target: "$100,000"
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funding_target: "$100,000"
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total_committed: "$28,266"
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oversubscription_ratio: 0.28
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outcome: "refunding"
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commitment_ratio: 0.28
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tracked_by: rio
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created: 2026-03-11
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---
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@ -24,27 +23,46 @@ created: 2026-03-11
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## Summary
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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.
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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 attracted $28,266 in commitments (28% of target) before entering refunding status.
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## Market Data
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- **Outcome:** Failed (refunding)
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- **Target:** $100,000
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- **Committed:** $28,266
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- **Duration:** 1 day (2026-03-05 to 2026-03-06)
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- **Funding Target:** $100,000
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- **Total Committed:** $28,266
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- **Commitment Ratio:** 28%
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- **Launch Date:** 2026-03-05
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- **Close Date:** 2026-03-06
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- **Token:** 6VT
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- **Token mint:** 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta
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- **Token Mint:** 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta
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## Use of Funds Plan
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## Project Details
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The proposal outlined $8,000/month burn rate:
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- Team: ~$5,000/month (engineering, product, security)
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- Infrastructure: ~$2,000/month (Irys storage, cloud compute, GitHub Actions)
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- Marketing & Ecosystem: ~$1,000/month (developer community, partnerships, content)
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Git3 proposed bringing Git repositories on-chain with:
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- Permanent storage on Irys blockchain
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- Repository-as-NFT ownership model
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- x402 protocol for code monetization
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- GitHub Actions integration for seamless deployment
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- AI agent interoperability through decentralized MCP
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- MVP already live at git3.io
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**Planned Use of Funds:**
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- Team: ~$5,000/month
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- Infrastructure: ~$2,000/month
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- Marketing & Ecosystem: ~$1,000/month
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- Total burn: ~$8,000/month
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- Target runway: 12-13 months
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**Roadmap:**
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- Phase 1 (Current): Core infrastructure with GitHub integration
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- Phase 2 (Q2-Q3 2025): NFT marketplace and x402 integration
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- Phase 3 (Q4 2025): Ecosystem expansion and $GIT3 token
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## Significance
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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.
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This fundraise demonstrates the challenge of raising capital for infrastructure projects through futarchy markets, even with working MVP and clear technical roadmap. The 28% commitment ratio suggests either insufficient market validation, unclear value proposition, or limited awareness within the Futardio ecosystem.
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The project's "vampire attack" strategy of extending GitHub rather than replacing it represents a pragmatic go-to-market approach, but the failed raise indicates this positioning may not have resonated with futarchy market participants.
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## Relationship to KB
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@ -5,29 +5,33 @@ name: "Git3"
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domain: internet-finance
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status: active
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founded: 2025
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headquarters: "Unknown"
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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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- "Unknown"
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key_metrics:
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mvp_status: "live"
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blockchain: "Irys"
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protocol: "x402"
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funding_target: "$100,000"
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total_committed: "$28,266"
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status: "refunding"
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monthly_burn: "$8,000"
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runway_target: "12-13 months"
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tracked_by: rio
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created: 2026-03-11
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---
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# Git3
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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.
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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 GitHub Actions integration for seamless deployment.
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## Timeline
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- **2025-Q1** — MVP launched at git3.io with terminal interface, GitHub OAuth integration, and complete Git history import to Irys blockchain
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- **2026-03-05** — Futardio fundraise launched targeting $100,000 for 12-13 month runway; raised $28,266 before refunding
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- **2026-03-05** — [[git3-futardio-fundraise]] launched on Futardio targeting $100K, reached $28,266 before refunding
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- **2025-Q1** — MVP launched at git3.io with terminal interface, GitHub OAuth, and Irys blockchain integration
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## Relationship to KB
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- [[futardio]] — fundraising platform used for capital raise
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- [[futardio]] — fundraising platform
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- [[MetaDAO]] — futarchy governance infrastructure
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- Related to x402 protocol for payment rails and agent interoperability
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- Targets developer economy ($500B+ market) through code monetization
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- Related to code monetization and x402 protocol integration
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@ -12,7 +12,7 @@ event_type: launch
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processed_by: rio
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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_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."
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extraction_notes: "This source is a Futardio launch page for Git3's fundraise. Primary extraction is entity data (new company Git3, new decision_market for the fundraise, timeline update for Futardio). No novel claims about futarchy mechanisms or market dynamics — this is a straightforward failed fundraise with standard project description. The 28% commitment ratio is a data point, not an arguable claim. No enrichments to existing claims warranted."
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---
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## Launch Details
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@ -275,9 +275,12 @@ Future revenue streams include enterprise licensing, premium features, and custo
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## Key Facts
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- Git3 MVP live at git3.io with GitHub Actions integration
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- Git3 uses Irys blockchain for permanent storage
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- Git3 fundraise targeted $100K for 12-13 month runway at $8K/month burn
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- Git3 raised $28,266 (28% of target) before refunding
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- Git3 token: 6VT (mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta)
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- Planned revenue streams: creator fees on NFT sales, protocol fees via x402, agent royalties, $GIT3 token
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- Git3 fundraise launched 2026-03-05 on Futardio
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- Funding target: $100,000
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- Total committed: $28,266 (28% of target)
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- Status: Refunding
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- Token: 6VT
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- Monthly burn estimate: $8,000
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- MVP live at git3.io
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- Built on Irys blockchain for permanent storage
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- GitHub Actions integration for seamless deployment
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