---
type: entity
entity_type: company
name: "Cloak"
domain: internet-finance
status: failed
founded: 2026
platform: futardio
key_metrics:
  raise_target: "$300,000"
  total_committed: "$1,455"
  raise_outcome: "refunded"
  token_symbol: "8RS"
  ico_price: "$0.03"
  fdv_at_launch: "$477,000"
  total_supply: "15.9M"
  circulating_at_launch: "12.9M"
tracked_by: rio
created: 2026-03-11
---

# Cloak

Cloak is a privacy infrastructure protocol on Solana that enables private DCA (dollar-cost averaging) execution through ZK-proof privacy pools and session wallet architecture. The protocol routes trades through Privacy.cash pools to break on-chain links between user wallets and trading strategies.

Cloak raised on Futardio with a $300K target but only attracted $1,455 in commitments before entering refund status. The project was built during the Solana Cypherpunk Hackathon and launched in private beta on mainnet before the fundraise.

## Timeline
- **2026-03-03** — Futardio fundraise launched with $300K target, $0.03 ICO price, 15.9M token supply
- **2026-03-04** — Fundraise closed with only $1,455 committed (0.49% of target), entered refunding status

## Relationship to KB
- [[futardio]] — launch platform
- [[MetaDAO]] — futarchy governance infrastructure
- Privacy-focused DeFi on Solana
- Failed to achieve product-market fit despite technical implementation