--- type: entity entity_type: company name: Etnl.io domain: internet-finance status: failed 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" monthly_team_budget: "$30,000" tracked_by: rio created: 2026-03-11 --- # Etnl.io Etnl.io is a mobile wallet project that attempted to deliver hardware-level security through smartphone Secure Enclave integration without requiring external hardware devices. The project raised capital through Futardio in March 2026 but failed to reach its funding target. ## Timeline - **2026-03-09** — Futardio raise launched targeting $500,000 for Secure Enclave-based mobile wallet with hardware-level security - **2026-03-10** — Raise closed in 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 failed raise on Futardio platform - [[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 scale claims - [[futardio]] — failed raise on platform