---
type: entity
entity_type: company
name: "Etnl.io"
domain: internet-finance
status: fundraising_failed
website: "https://etnl.io"
twitter: "https://x.com/etnl_io"
telegram: "https://t.me/etnlio"
tracked_by: rio
created: 2026-03-11
key_metrics:
  futardio_raise_target: "$500,000"
  futardio_raise_committed: "$96"
  monthly_burn: "$30,000"
  raise_duration: "24 hours"
---

# Etnl.io

Etnl.io is a mobile wallet project focused on hardware-level security through Secure Enclave integration. The project attempted to raise $500,000 through Futardio in March 2026 but failed to reach minimum threshold, becoming the first documented failed raise on the platform.

## Timeline
- **2026-03-09** — Launched Futardio raise targeting $500,000 with $30K/month team budget for Secure Enclave mobile wallet development
- **2026-03-10** — Raise entered refunding status after raising only $96 (0.019% of target)

## Product
ETNL positions itself as next-generation mobile self-custody, leveraging smartphone Secure Enclaves and biometric systems to generate and store cryptographic keys entirely on-device. Architecture includes continuous integrity verification, authenticated software updates, and on-device transaction simulation. Target market: crypto-native users and institutional-leaning individuals seeking hardware-grade security without external devices.

## Relationship to KB
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — first documented Futardio failure provides empirical evidence of adoption barriers
- [[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 claim about platform achieving scale
- [[futardio]] — failed raise on this platform