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]] launched seeking $75K for DeFi protocol with formal verification; closed refunding status 2026-03-06
+- **2026-03-05** — [[torch-market-futardio-fundraise]] failed: Torch Market $75K fundraise entered refunding status after 1 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

@@ -11,31 +11,35 @@ proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2m
 proposal_date: 2026-03-05
 resolution_date: 2026-03-06
 category: "fundraise"
-summary: "Torch Market sought $75K for 6-month runway to fund marketing team and infrastructure for formally verified DeFi protocol"
-funding_target: "$75,000"
-token: "5pF"
-token_mint: "5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta"
+summary: "$75K fundraise for 6-month runway covering marketing team, infrastructure, and mainnet token bonding"
 tracked_by: rio
 created: 2026-03-11
+key_metrics:
+  funding_target: "$75,000"
+  status: "Refunding"
+  duration: "1 day"
+  token: "5pF"
+  token_mint: "5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta"
+  platform_version: "v0.7"
 ---
 
 # Torch Market: Futardio Fundraise
 
 ## Summary
-Torch Market launched a futarchy-governed fundraise on Futardio seeking $75,000 to fund a 6-month runway. The funds were allocated primarily to marketing team hiring ($6K/month for 2 people), founder salary ($3K/month), marketing budget ($2K/month), and infrastructure costs. The protocol had already achieved formal verification (48/48 kani proofs), ~4K downloads on Clawhub agent skill, and deployment to devnet/mainnet at version 3.7.10.
+Torch Market attempted to raise $75,000 through Futardio for a 6-month runway covering marketing team hiring ($6K/month for 2 people), founder compensation ($3K/month), marketing budget ($2K/month), infrastructure costs (Helius RPC ~$500-1500/month), and $5K flat for mainnet token bonding (50 SOL). The fundraise entered refunding status after one day.
 
 ## Market Data
-- **Outcome:** Failed (Refunding status)
+- **Outcome:** Failed (Refunding)
 - **Proposer:** mrsirg97-rgb
-- **Funding Target:** $75,000
-- **Duration:** 1 day (2026-03-05 to 2026-03-06)
-- **Token:** 5pF
+- **Duration:** 2026-03-05 to 2026-03-06 (1 day)
+- **Target:** $75,000
+- **Token:** 5pF (mint: 5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta)
 
 ## Significance
-This represents a formally verified DeFi protocol attempting to raise growth capital through futarchy markets. The project had substantial technical development complete (formal verification, agent integration, mainnet deployment) but failed to attract capital commitment. The rapid closure (1 day) and refunding status suggests either insufficient market interest or pricing/mechanism issues in the futarchy launch structure.
+This represents an early test case of futarchy-governed fundraising for a DeFi protocol with significant technical infrastructure (formal verification, SDK, agent integrations). The rapid failure (1 day to refunding) suggests either insufficient market interest, poor timing, or mismatch between the protocol's technical maturity and market appetite for DeFi protocol launches on Futardio.
 
 ## Relationship to KB
 - [[torch-market]] — parent entity
 - [[futardio]] — fundraising platform
-- [[MetaDAO]] — underlying futarchy infrastructure
-- Demonstrates futarchy-governed fundraise for technical infrastructure project
+- [[MetaDAO]] — futarchy governance ecosystem
+- Related to [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — contrasts with meme coin success

entities/internet-finance/torch-market.md

@@ -6,25 +6,22 @@ domain: internet-finance
 status: active
 website: "https://torch.market"
 twitter: "https://x.com/torch_market"
-founded: 2026
 tracked_by: rio
 created: 2026-03-11
 key_metrics:
   formal_verification: "48/48 kani proof harnesses"
   clawhub_downloads: "~4k"
-  deployment: "devnet/mainnet"
-  version: "3.7.10"
+  deployment_status: "live on devnet/mainnet"
 ---
 
 # Torch Market
 
-Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield generation in a single on-chain system. Built on Solana with formal verification and designed for both human and AI agent users. The protocol uses SPL token2022 primitives to enable governance and DeFi capabilities with non-extractive economics where all value flows back to the community.
+Torch Market is a DeFi protocol combining swap, lending, liquidation, and yield generation in a single on-chain protocol built on Solana. The protocol is designed for both human and agent users, with formal verification (48/48 kani proof harnesses), an open-source SDK (torchsdk on npm), and integration with Clawhub AI agent skills (~4k downloads). The protocol uses SPL token2022 primitives to enable governance and DeFi capabilities with non-extractive economics where all value flows back to the community.
 
 ## Timeline
-- **2026-03-05** — [[torch-market-futardio-fundraise]] launched on Futardio seeking $75,000 for 6-month runway (marketing team, infrastructure, founder salary)
-- **2026-03-06** — Futardio fundraise closed with REFUNDING status
+- **2026-03-05** — [[torch-market-futardio-fundraise]] failed: $75K fundraise on Futardio entered refunding status
 
 ## Relationship to KB
-- [[futardio]] — fundraising platform used
-- [[MetaDAO]] — futarchy governance infrastructure
-- Product demonstrates formally verified DeFi protocol with AI agent integration
+- [[futardio]] — attempted fundraise platform
+- [[MetaDAO]] — futarchy governance ecosystem
+- Related to [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — testing futarchy for DeFi protocol fundraising

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: "Source is a Futardio launch page for Torch Market fundraise. Created entity pages for Torch Market (company) and the fundraise decision market. No novel claims extracted - this is primarily factual data about a failed fundraise. The project had technical merit (formal verification, agent integration) but failed to attract capital in 1 day, which is notable but not claim-worthy without additional context about why it failed or comparison to other launches."
+extraction_notes: "Factual launch data for Torch Market fundraise on Futardio. No novel claims about futarchy mechanisms or market dynamics — this is a straightforward failed fundraise event. Created entity pages for Torch Market (company) and the fundraise decision market, plus timeline entry on Futardio parent entity. The rapid failure (1 day) is notable but insufficient alone to generate mechanism claims without comparative data or analysis."
 ---
 
 ## Launch Details
@@ -75,7 +75,8 @@ total: 69k-70k + flat 5k = 70k-75k total
 
 
 ## Key Facts
-- Torch Market achieved 48/48 kani proof harnesses for formal verification
-- Torch Market Clawhub agent skill had ~4K downloads
-- Torch Market deployed to devnet/mainnet at version 3.7.10
-- Torch Market fundraise sought $75K with breakdown: $6K/month marketing team (2 people), $3K/month founder, $2K/month marketing, ~$500-1500/month infrastructure
+- Torch Market raised $75K target on Futardio (2026-03-05)
+- Torch Market fundraise entered refunding status after 1 day (2026-03-06)
+- Torch Market has 48/48 kani proof harnesses for formal verification
+- Torch Market SDK has ~4k downloads on Clawhub
+- Torch Market is live on Solana devnet/mainnet