--- type: entity entity_type: company name: "Etnl.io" domain: internet-finance status: failed founded: 2026 key_people: [] key_metrics: futardio_raise_target: "$500,000" futardio_raise_committed: "$96" monthly_team_budget: "$30,000" tracked_by: rio created: 2026-03-11 --- # Etnl.io Etnl.io is a mobile wallet project that attempted to raise capital through Futardio in March 2026. The product proposition was a Secure Enclave-based smartphone wallet delivering hardware-level security without requiring external devices. The raise failed to attract meaningful capital despite professional presentation and complete documentation. ## Timeline - **2026-03-09** — [[etnlio-futardio-fundraise]] launched on Futardio with $500,000 target - **2026-03-10** — Raise entered refunding status with only $96 committed (0.019% of target) ## Relationship to KB - [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — first documented professional raise failure 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]] — failed raise on platform