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-futardio-fundraise]] failed: Torch Market $75K raise entered refunding status within one day
+- **2026-03-05** — [[torch-market]] launched $75K fundraise for formally-verified DeFi protocol, entered refunding status within 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-futardio-fundraise.md

@@ -1,43 +0,0 @@
----
-type: entity
-entity_type: decision_market
-name: "Torch Market: Futardio Fundraise"
-domain: internet-finance
-status: failed
-parent_entity: "[[torch-market]]"
-platform: "futardio"
-proposer: "mrsirg97-rgb"
-proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
-proposal_date: 2026-03-05
-resolution_date: 2026-03-06
-category: "fundraise"
-summary: "$75K raise for 6-month runway covering infrastructure, marketing team, and mainnet token bonding"
-tracked_by: rio
-created: 2026-03-11
-key_metrics:
-  funding_target: "$75,000"
-  funding_committed: "N/A"
-  outcome: "refunding"
-  duration: "1 day"
----
-
-# Torch Market: Futardio Fundraise
-
-## Summary
-Torch Market attempted to raise $75K through Futardio for a 6-month operational runway. The budget breakdown included Helius RPC infrastructure (~$500-1500/month), founder compensation ($3K/month), marketing ($2K/month), marketing team of 2 ($6K/month), plus a flat $5K for mainnet token bonding (50 SOL). The raise entered refunding status within one day of launch.
-
-## Market Data
-- **Outcome:** Failed (Refunding)
-- **Proposer:** mrsirg97-rgb
-- **Target:** $75,000
-- **Duration:** 1 day (2026-03-05 to 2026-03-06)
-
-## Significance
-This represents an early-stage DeFi protocol attempting to use futarchy-governed fundraising for operational capital. The rapid failure (refunding within 24 hours) suggests either insufficient market validation, pricing issues, or lack of community confidence in the project despite formal verification and existing traction (4K Clawhub downloads).
-
-The budget structure reveals typical early-stage DeFi economics: infrastructure costs are relatively low (~$500-1500/month) while human capital (founder + marketing team) dominates the burn rate at ~$11K/month of the ~$12K monthly budget.
-
-## Relationship to KB
-- [[torch-market]] — parent entity
-- [[futardio]] — launch platform
-- [[MetaDAO]] — futarchy infrastructure provider

entities/internet-finance/torch-market.md

@@ -4,38 +4,26 @@ entity_type: company
 name: "Torch Market"
 domain: internet-finance
 status: failed
-website: "https://torch.market"
-twitter: "https://x.com/torch_market"
 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 DeFi protocol on Solana combining swap, lending, liquidation, and yield functionality in a single formally verified protocol. The project positioned itself as a non-extractive launchpad using SPL token2022 primitives with permissionless DEX migration funded by token treasuries. The protocol achieved 48/48 Kani proof harnesses for formal verification and nearly 4K downloads on the Clawhub agent skill.
+Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield functionality 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 open-source SDK (torchsdk on npm with ~4K downloads via Clawhub agent skill), frontend at torch.market, and has completed a security audit.
 
-The project attempted to raise $75K through Futardio on 2026-03-05 for a 6-month runway covering infrastructure, founder compensation, marketing team, and 50 SOL for mainnet token bonding. The raise entered refunding status within one day, closing 2026-03-06.
+The protocol attempted to raise $75,000 through Futardio on 2026-03-05 but entered refunding status within one day, closing on 2026-03-06. The fundraise proposed a 6-month runway covering infrastructure ($500-1500/month for Helius RPC, $40/month for frontend deployment), founder compensation ($3000/month), marketing ($2000/month), marketing team ($6000/month for 2 people), and $5000 flat for bonding a new token on mainnet.
 
 ## Timeline
-- **2026-03-05** — Launched $75K fundraise on Futardio for 6-month runway (infra, marketing, team)
+- **2026-03-05** — Launched $75K fundraise on Futardio for DeFi protocol combining swap/lend/liquidate/earn with formal verification
 - **2026-03-06** — Fundraise closed in refunding status after one day
 
 ## Relationship to KB
-- [[futardio]] — launch platform
-- [[MetaDAO]] — futarchy governance infrastructure
-
-## Links
-- Website: https://torch.market
-- Twitter: https://x.com/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
+- [[futardio]] — fundraising platform
+- Part of the Solana DeFi ecosystem attempting futarchy-governed capital formation

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: "Factual launch data for failed Futardio raise. No novel claims — this is a single failed fundraise with no mechanism insights. Created entity pages for Torch Market (company) and the fundraise (decision_market), plus timeline entry on Futardio. The rapid failure (1 day to refunding) is notable but not generalizable without additional context about why it failed."
+extraction_notes: "Torch Market fundraise is a failed launch event with insufficient significance for claim extraction. The project has technical merit (formal verification, audit, SDK adoption) but the fundraise failed immediately. Created entity page to track the launch event and updated Futardio timeline. No novel claims about futarchy mechanisms, DeFi architecture, or capital formation patterns that aren't already covered in existing KB claims about futarchy-governed launches and their variance."
 ---
 
 ## Launch Details
@@ -75,7 +75,7 @@ total: 69k-70k + flat 5k = 70k-75k total
 
 
 ## Key Facts
-- Torch Market achieved 48/48 Kani proof harnesses for formal verification
-- Torch Market Clawhub skill had ~4K downloads
-- Torch Market $75K Futardio raise entered refunding status 2026-03-06 after launching 2026-03-05
-- Torch Market budget: $500-1500/month infrastructure, $3K founder, $2K marketing, $6K marketing team, $5K flat for 50 SOL mainnet bonding
+- Torch Market raised $0 of $75K target on Futardio (2026-03-05 to 2026-03-06)
+- Torch Market SDK has ~4K downloads on Clawhub
+- Torch Market completed 48/48 Kani formal verification proof harnesses
+- Proposed 6-month runway: $3K founder, $2K marketing, $6K marketing team, $500-1500 infrastructure per month