---
type: entity
entity_type: company
name: Etnl.io
domain: internet-finance
status: fundraising-failed
tracked_by: rio
created: 2026-03-11
key_metrics:
  futardio_raise_target: 500000
  futardio_raise_committed: 96
  futardio_raise_success_rate: 0.019%
  monthly_team_budget: 30000
  token_symbol: 64S
  token_mint: 64SnHgEfSdzpnmHEhh2niN8bcAjmhTyEQky2DKWBmeta
---

# Etnl.io

Etnl.io is a mobile self-custody wallet project that attempted to raise $500,000 through Futardio's futarchy-governed ICO platform in March 2026. The project's core value proposition was delivering hardware-level security through smartphone Secure Enclave integration without requiring external hardware devices. Despite professional presentation, clear technical differentiation, and detailed fund allocation plans, the raise failed catastrophically, attracting only $96 in commitments before entering refunding status after one day.

## Timeline
- **2026-03-09** — Futardio raise launched targeting $500K for Secure Enclave-based mobile wallet with $30K/month team budget and phased delivery roadmap
- **2026-03-10** — Raise closed in refunding status with $96 total committed (0.019% of target), first documented failed raise on Futardio platform

## Relationship to Knowledge Base
Etnl.io's failed raise provides empirical evidence for [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] and challenges optimistic claims about [[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]]. The failure is particularly significant because it occurred despite complete documentation and professional presentation, suggesting the barrier is market liquidity rather than project quality.

## Links
- Website: https://etnl.io
- Twitter: https://x.com/etnl_io
- Telegram: https://t.me/etnlio
- Futardio launch: https://www.futard.io/launch/4oiZeLhoDB9jGTFd28kJDKBYheL1Yg1XwR3qPTa69Rx9