--- type: entity entity_type: company name: "Salmon Wallet" domain: internet-finance status: active founded: 2022 key_people: - role: "team" name: "undisclosed" key_metrics: bootstrap_funding: "$80,000" grant_funding: "$42,500" futarchy_raise_target: "$375,000" futarchy_raise_actual: "$97,535" monthly_burn_rate: "$25,000" platforms: - "Solana" - "Bitcoin" website: "https://salmonwallet.io/" social: twitter: "https://x.com/salmonwallet" telegram: "https://t.me/salmon_wallet" github: "https://github.com/salmon-wallet" tracked_by: rio created: 2026-03-11 --- # Salmon Wallet Open-source, self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Operates own Solana validator for transparent revenue. Attempted futarchy-governed fundraise on MetaDAO platform in March 2026 seeking $375K for 12-month operational runway but failed to reach target, raising only $97,535 before refunding. ## Timeline - **2022** — Project founded, listed on Solana wallet adapter - **2022** — Bootstrapped $80K initial funding - **2022-2024** — Received $42.5K in grants (Serum: $2.5K, Eclipse: $40K) - **2026-03-03** — Launched futarchy-governed fundraise on futard.io seeking $375K - **2026-03-04** — Fundraise closed in refunding status after raising $97,535 (26% of target) - **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched seeking $375K for 12-month runway - **2026-03-04** — Fundraise failed, entered refunding status after raising only $97,535 (26% of target) ## Relationship to KB - [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical case of futarchy friction for operational software - [[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]] — demonstrates platform scope expansion to operational software - [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — operational budget structure mirrors traditional software companies - [[futardio]] — platform used for fundraise attempt