--- type: entity entity_type: decision_market name: "Insert Coin Labs: Futardio Fundraise" domain: internet-finance status: failed parent_entity: "[[insert-coin-labs]]" platform: futardio proposal_url: "https://www.futard.io/launch/62Yxd8gLQ2YYmY2TifhChJG4tVdf4b1oAHcMfwTL2WUu" proposal_date: 2026-03-05 resolution_date: 2026-03-06 category: fundraise summary: "Web3 gaming studio seeking $50K for team and liquidity with 80/20 split" tracked_by: rio created: 2026-03-11 key_metrics: raise_target: 50000 total_committed: 2508 oversubscription_ratio: 0.05 token_mint: "32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta" allocation_team_pct: 80 allocation_liquidity_pct: 20 monthly_burn: 4000 runway_months: 10 --- # Insert Coin Labs: Futardio Fundraise ## Summary Insert Coin Labs attempted to raise $50,000 through Futardio to fund a multi-game Web3 studio on Solana. The raise allocated 80% to team (devs, designer, artist) and 20% to $INSERT token liquidity pool, with $4K monthly burn providing ~10 month runway. The fundraise failed, reaching only $2,508 (5% of target) before entering refunding status. ## Market Data - **Outcome:** Failed (refunding) - **Target:** $50,000 - **Committed:** $2,508 (5.0%) - **Duration:** 1 day (2026-03-05 to 2026-03-06) - **Token:** 32C (mint: 32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta) ## Significance Demonstrates market skepticism toward gaming studio fundraises even with live product traction (232 games played, 55.1 SOL volume on Domin8). The 95% funding gap suggests either insufficient market validation of the studio model, weak distribution/marketing, or broader market conditions unfavorable to gaming raises. Notable that the team had working product and audit credentials but still failed to attract capital. ## Relationship to KB - [[futardio]] — fundraising platform - [[insert-coin-labs]] — parent entity - [[MetaDAO]] — underlying futarchy infrastructure - Contrasts with [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] showing market selectivity