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Teleo Agents
005d83591f 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>
2026-03-12 12:57:31 +00:00
4 changed files with 57 additions and 32 deletions

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@ -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]] failed: Git3 raised $28,266 of $100K target before refunding
- **2026-03-05** — [[git3-futardio-fundraise]] launched targeting $100K for on-chain Git infrastructure, reached $28,266 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."

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@ -10,12 +10,11 @@ proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJK
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: "fundraise"
summary: "Git3 attempted to raise $100K for on-chain Git infrastructure development through Futardio but reached only 28% of target"
summary: "Git3 attempted to raise $100K for on-chain Git infrastructure through Futardio but reached only $28,266 before refunding"
key_metrics:
raise_target: "$100,000"
funding_target: "$100,000"
total_committed: "$28,266"
oversubscription_ratio: 0.28
outcome: "refunding"
commitment_ratio: 0.28
tracked_by: rio
created: 2026-03-11
---
@ -24,27 +23,46 @@ created: 2026-03-11
## Summary
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.
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.
## Market Data
- **Outcome:** Failed (refunding)
- **Target:** $100,000
- **Committed:** $28,266
- **Duration:** 1 day (2026-03-05 to 2026-03-06)
- **Funding Target:** $100,000
- **Total Committed:** $28,266
- **Commitment Ratio:** 28%
- **Launch Date:** 2026-03-05
- **Close Date:** 2026-03-06
- **Token:** 6VT
- **Token mint:** 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta
- **Token Mint:** 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta
## Use of Funds Plan
## Project Details
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)
Git3 proposed bringing Git repositories on-chain with:
- Permanent storage on Irys blockchain
- Repository-as-NFT ownership model
- x402 protocol for code monetization
- GitHub Actions integration for seamless deployment
- AI agent interoperability through decentralized MCP
- MVP already live at git3.io
**Planned Use of Funds:**
- Team: ~$5,000/month
- Infrastructure: ~$2,000/month
- Marketing & Ecosystem: ~$1,000/month
- Total burn: ~$8,000/month
- Target runway: 12-13 months
**Roadmap:**
- Phase 1 (Current): Core infrastructure with GitHub integration
- Phase 2 (Q2-Q3 2025): NFT marketplace and x402 integration
- Phase 3 (Q4 2025): Ecosystem expansion and $GIT3 token
## Significance
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.
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.
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.
## Relationship to KB

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@ -5,29 +5,33 @@ name: "Git3"
domain: internet-finance
status: active
founded: 2025
headquarters: "Unknown"
website: "https://git3.io"
twitter: "https://x.com/TryGit3"
telegram: "https://t.me/Git3io"
key_people:
- "Unknown"
key_metrics:
mvp_status: "live"
blockchain: "Irys"
protocol: "x402"
funding_target: "$100,000"
total_committed: "$28,266"
status: "refunding"
monthly_burn: "$8,000"
runway_target: "12-13 months"
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. 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.
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.
## Timeline
- **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
- **2026-03-05** — [[git3-futardio-fundraise]] launched on Futardio targeting $100K, reached $28,266 before refunding
- **2025-Q1** — MVP launched at git3.io with terminal interface, GitHub OAuth, and Irys blockchain integration
## Relationship to KB
- [[futardio]] — fundraising platform used for capital raise
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy governance infrastructure
- Related to x402 protocol for payment rails and agent interoperability
- Targets developer economy ($500B+ market) through code monetization
- Related to code monetization and x402 protocol integration

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@ -12,7 +12,7 @@ event_type: launch
processed_by: rio
processed_date: 2026-03-11
extraction_model: "anthropic/claude-sonnet-4.5"
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."
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."
---
## Launch Details
@ -275,9 +275,12 @@ Future revenue streams include enterprise licensing, premium features, and custo
## Key Facts
- 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)
- Planned revenue streams: creator fees on NFT sales, protocol fees via x402, agent royalties, $GIT3 token
- Git3 fundraise launched 2026-03-05 on Futardio
- Funding target: $100,000
- Total committed: $28,266 (28% of target)
- Status: Refunding
- Token: 6VT
- Monthly burn estimate: $8,000
- MVP live at git3.io
- Built on Irys blockchain for permanent storage
- GitHub Actions integration for seamless deployment