--- type: entity entity_type: company name: "Etnl.io" domain: internet-finance status: failed website: "https://etnl.io" twitter: "https://x.com/etnl_io" telegram: "https://t.me/etnlio" product: "Secure Enclave-based mobile wallet" tracked_by: rio created: 2026-03-11 --- # Etnl.io Etnl.io is a mobile wallet project that attempted to deliver hardware-level security through smartphone Secure Enclave integration, eliminating external hardware device requirements. The project generates and stores cryptographic keys entirely on-device with continuous integrity verification and authenticated updates. The company attempted to raise $500,000 through Futardio in March 2026 but failed to attract meaningful capital despite professional documentation and clear technical architecture. ## Timeline - **2026-03-09** — Launched Futardio raise targeting $500,000 with $30K/month team budget and Secure Enclave-based wallet product - **2026-03-10** — Futardio raise failed with only $96 committed (0.019% of target), entered refunding status ## Relationship to KB - [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — first documented failed raise on Futardio - [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — challenges product-market fit claims - [[futardio]] — launched on platform v0.7