---
type: entity
entity_type: company
name: "Futarchy Arena"
domain: internet-finance
status: failed
parent_entity: "[[futardio]]"
platform: "futardio"
founded: 2026-03-04
tracked_by: rio
created: 2026-03-11
key_metrics:
  raise_target: "$50,000"
  total_committed: "$934"
  oversubscription_ratio: 0.019
  outcome: "refunding"
---

# Futarchy Arena

Futarchy Arena was a competitive onchain futarchy game where players predicted on strategic decisions rather than voting. The project attempted to gamify futarchy governance with leaderboards, seasons, and performance-based rewards. The fundraise launched on Futardio on 2026-03-04 with a $50,000 target and $1,000 monthly spending cap but only raised $934 before entering refunding status.

## Timeline
- **2026-03-04** — Launched fundraise on Futardio with $50K target, positioning as "futarchy turned into a game" with competitive prediction markets
- **2026-03-05** — Fundraise closed in refunding status after raising only $934 (1.9% of target)

## Relationship to KB
- [[futardio]] — launched on this platform
- [[MetaDAO]] — related futarchy governance infrastructure
- Example of failed futarchy-governed launch despite novel game mechanics approach