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@ -6,32 +6,29 @@ domain: internet-finance
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status: failed
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founded: 2026
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platform: "Solana"
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parent_platform: "[[metadao]]"
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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raise_target: "$500,000"
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funding_target: "$500,000"
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total_committed: "$23"
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launch_platform: "Futardio (MetaDAO)"
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launch_date: "2026-02-26"
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close_date: "2026-02-27"
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outcome: "refunding"
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token_symbol: "6GF"
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outcome: "Refunding"
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---
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# FitByte
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Health and fitness protocol on Solana that proposed workout-to-earn mechanics combined with user-owned health data monetization. Launched through MetaDAO's futarchy-governed ICO platform seeking $500K but attracted only $23 in commitments before entering refund status after one day.
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The project positioned itself as solving both the sustainability problem of move-to-earn protocols (by grounding rewards in verifiable physical activity) and the health data exploitation problem (by giving users sovereign ownership and monetization rights over their biometric data).
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FitByte was a proposed health and fitness protocol on Solana combining workout-to-earn mechanics with health data sovereignty and monetization. The project positioned itself as returning value to users who generate health data while enabling them to sell that data to researchers and clinical trial operators on their own terms. The project raised through [[futardio]]'s unruggable ICO platform but failed to meet its funding target.
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## Timeline
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- **2026-02-26** — Launched futarchy-governed fundraise on Futardio targeting $500K for health data sovereignty protocol
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- **2026-02-27** — Fundraise closed in refunding status with $23 total committed (0.0046% of target)
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- **2026-02-26** — FitByte ICO launched on Futardio with $500K target, positioning as "workout-to-earn protocol with health data sovereignty"
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- **2026-02-27** — ICO closed with only $23 committed against $500K target; status: Refunding
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## Relationship to KB
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- [[metadao]] — launched through MetaDAO's unruggable ICO platform
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- [[futardio]] — fundraising platform used
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- Represents a failed test of futarchy-governed fundraising for consumer health applications
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- Demonstrates market rejection despite alignment with stated crypto values (data sovereignty, user ownership)
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- [[futardio]] — launch platform
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- [[MetaDAO]] — parent organization of Futardio
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- Example of failed futarchy-governed fundraise with minimal market interest
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- Represents attempt to apply crypto incentives to health data monetization
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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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- **2026-02-26** — [[fitbyte]] health protocol launched fundraise, closed next day with $23/$500K (refunding)
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- **2026-02-26** — [[fitbyte]] ICO launched with $500K target, closed 2026-02-27 with $23 committed (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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@ -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: "FitByte launch is a factual event (failed fundraise) with no novel claims about mechanisms or market dynamics. The pitch document contains standard rhetoric about data sovereignty and move-to-earn sustainability but presents no evidence or novel argumentation beyond positioning statements. Entity significance threshold met (launched on major platform, represents futarchy fundraise outcome data point) despite trivial capital raised. No claims extracted because: (1) pitch philosophy is marketing copy not evidenced argument, (2) failure provides no mechanism insight beyond what existing futarchy-variance claim already covers, (3) no novel structural observations about health data markets or tokenomics beyond generic positioning."
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extraction_notes: "Failed ICO launch with trivial commitment ($23 vs $500K target). No claims extracted — this is purely factual event data (launch/failure). Entity created for FitByte as it represents a real fundraise attempt on Futardio platform, even though it failed immediately. The pitch document contains standard health-data-monetization rhetoric but no novel mechanism insights or evidence that would warrant claim extraction. Timeline entry added to Futardio entity to track platform activity."
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---
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## Launch Details
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@ -106,8 +106,8 @@ MetaDAO's Unruggable ICO model enforces what most projects only claim. Raise pro
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## Key Facts
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- FitByte launched 2026-02-26 on Futardio seeking $500K
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- FitByte closed 2026-02-27 with $23 committed (0.0046% of target)
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- FitByte token symbol: 6GF
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- FitByte proposed workout-to-earn + health data monetization model
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- Global health data market valued in hundreds of billions (per FitByte pitch)
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- FitByte ICO launched 2026-02-26 on Futardio with $500K target
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- FitByte raised $23 against $500K target before closing 2026-02-27
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- FitByte token: 6GF, mint: 6GFCEfiaBpX21D7vUe7LvHJXjNuc9q3e5nRwUz1Wmeta
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- FitByte website listed as henry.com (likely placeholder/error)
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- FitByte positioned as workout-to-earn + health data sovereignty protocol
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