---
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"
  futardio_raise_success_rate: "0.019%"
  monthly_team_budget: "$30,000"
tracked_by: rio
created: 2026-03-11
---

# Etnl.io

Etnl.io is a mobile self-custody wallet project that attempted to raise capital through Futardio's futarchy-governed platform. The project proposed a Secure Enclave-based architecture for smartphone wallets, delivering hardware-level security without external devices. Despite complete documentation and professional presentation, the raise failed to reach minimum threshold, becoming the first documented failed raise on the Futardio platform.

## Timeline
- **2026-03-09** — Futardio raise launched: $500K target, Secure Enclave-based mobile wallet product
- **2026-03-10** — Raise entered refunding status after raising only $96 (0.019% of target)

## Relationship to KB
- [[futardio]] — platform used for fundraise attempt
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — 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 product-market fit claim