---
type: entity
entity_type: company
name: "Etnl.io"
domain: internet-finance
status: failed
founded: 2026
website: "https://etnl.io"
social:
  twitter: "https://x.com/etnl_io"
  telegram: "https://t.me/etnlio"
key_metrics:
  futardio_raise_target: "$500,000"
  futardio_raise_committed: "$96"
  team_budget_monthly: "$30,000"
tracked_by: rio
created: 2026-03-11
---

# Etnl.io

Etnl.io is a mobile wallet project designed to deliver hardware-level security through smartphone Secure Enclave integration, eliminating the need for external hardware devices. The project attempted to raise $500,000 through Futardio's futarchy-governed platform but failed to attract sufficient participation, raising only $96 before entering refunding status.

## Timeline
- **2026-03-09** — [[etnlio-futardio-fundraise]] launched on Futardio with $500K target
- **2026-03-10** — Raise entered refunding status with only $96 committed (0.019% of target)

## Relationship to KB
- First documented failed raise on [[futardio]] platform with professional documentation
- Evidence for [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
- Challenges [[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]]