--- type: entity entity_type: company name: Cloak domain: internet-finance status: failed founded: 2026 platform: solana key_metrics: raise_target: "$300,000" total_committed: "$1,455" raise_outcome: "refunded" token_symbol: "8RS" ico_price: "$0.03" fdv_at_launch: "$477,000" total_supply: "15,900,000" ico_allocation: "10,000,000 (62.9%)" liquidity_allocation: "2,900,000 (18.2%)" team_allocation: "3,000,000 (18.9%, performance-locked)" tracked_by: rio created: 2026-03-11 --- # Cloak Cloak is a privacy DCA protocol on Solana that routes trades through ZK-proof privacy pools to prevent on-chain surveillance and MEV extraction. The project raised $1,455 of a $300,000 target through Futardio's futarchy-governed ICO mechanism and refunded after failing to meet the 24-hour funding threshold. ## Timeline - **2026-03-03** — Futardio fundraise launched: $300K target, private DCA infrastructure on Solana with ZK-proof privacy pools - **2026-03-04** — Fundraise closed with $1,455 committed (0.49% of target), status: refunding ## Relationship to KB - [[futardio]] — launch platform - [[MetaDAO]] — futarchy governance infrastructure - Product category: privacy infrastructure, DCA automation, MEV protection