---
type: entity
entity_type: decision_market
name: "Git3: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[git3]]"
platform: "futardio"
proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: "fundraise"
summary: "Git3 attempted to raise $100K for on-chain Git infrastructure through Futardio but reached only $28,266 before refunding"
key_metrics:
  funding_target: "$100,000"
  total_committed: "$28,266"
  commitment_ratio: 0.28
tracked_by: rio
created: 2026-03-11
---

# Git3: Futardio Fundraise

## Summary

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)
- **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

## Project Details

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 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

- [[git3]] — parent entity
- [[futardio]] — fundraising platform
- [[MetaDAO]] — futarchy infrastructure provider