---
type: entity
entity_type: decision_market
name: "SeekerVault: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[seekervault]]"
platform: "futardio"
proposal_url: "https://www.futard.io/launch/7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi"
proposal_date: 2026-03-08
resolution_date: 2026-03-09
category: "fundraise"
summary: "Encrypted decentralized storage for Solana Seeker phones targeting $50K for 6-month runway"
key_metrics:
  raise_target: "$50,000"
  total_committed: "$2,095"
  outcome: "refunding"
  token_mint: "J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta"
  token_symbol: "J4r"
tracked_by: rio
created: 2026-03-11
---

# SeekerVault: Futardio Fundraise

## Summary
SeekerVault attempted to raise $50,000 through Futardio to build encrypted decentralized storage for the 150,000+ Solana Seeker phones. The project positioned itself as replacing Google Drive/iCloud with Walrus + Seal infrastructure, with plans for AI agent storage, creator vaults, and data marketplace features. The raise failed to reach its target, collecting only $2,095 before entering refunding status.

## Market Data
- **Outcome:** Failed (Refunding)
- **Raise Target:** $50,000
- **Total Committed:** $2,095 (4.2% of target)
- **Duration:** 1 day (2026-03-08 to 2026-03-09)
- **Token:** J4r (J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta)

## Proposed Use of Funds
- Engineering: $4,000/month
- Infrastructure: $3,000/month (Walrus nodes, Seal integration)
- Growth & BD: $1,000/month
- Total runway: 6+ months to dApp Store listing

## Product Vision
1. Encrypted backup replacing iCloud for Seeker users
2. AI agent vault for persistent encrypted memory
3. Token-gated creator content stores
4. Decentralized data marketplace
5. Revenue model: 20MB free tier, 100GB for $10/month in SKR

## Significance
This failed raise demonstrates the challenge of attracting capital for infrastructure plays even with a defined TAM (150K+ Seeker devices). The 4.2% funding rate suggests either market skepticism about the product-market fit, insufficient traction demonstration (despite claiming a "working product"), or broader market conditions affecting smaller raises on Futardio.

The proposal exemplified the "AI storage layer" narrative emerging in 2026, positioning decentralized storage as critical infrastructure for on-device AI agents requiring persistent memory.

## Relationship to KB
- [[seekervault]] — parent company entity
- [[futardio]] — fundraising platform
- [[metadao]] — underlying futarchy infrastructure