---
type: entity
entity_type: company
name: "Etnl.io"
domain: internet-finance
status: active
tracked_by: rio
created: 2026-03-11
key_metrics:
  futardio_raise_target: "$500,000"
  futardio_raise_committed: "$96"
  monthly_team_budget: "$30,000"
  raise_outcome: "refunding"
---

# Etnl.io

Etnl.io is a mobile wallet project building Secure Enclave-based self-custody infrastructure that eliminates seed phrase exposure by generating and storing cryptographic keys entirely on-device. The project targets crypto-native users seeking hardware-grade security without external devices.

## Timeline
- **2026-03-09** — [[etnlio-futardio-fundraise]] failed: Futardio raise launched with $500K target, achieved only $96 in commitments before entering refunding status within 24 hours

## Relationship to KB
- First documented failed raise on [[futardio]] platform
- Case study for [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
- Challenges [[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]] regarding platform product-market fit