---
type: entity
entity_type: company
name: Cloak
domain: internet-finance
status: failed
founded: 2026
platform: solana
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: "15,900,000"
  ico_allocation: "10,000,000 (62.9%)"
  liquidity_allocation: "2,900,000 (18.2%)"
  team_allocation: "3,000,000 (18.9%, performance-locked)"
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. The protocol routes trades through unlinkable session wallets to break the on-chain link between user wallets and trading strategies. Launched via Futardio fundraise on 2026-03-03, the raise failed to reach its $300K target and refunded all commitments.

## Timeline
- **2026-03-03** — [[cloak-futardio-fundraise]] launched on Futardio with $300K target
- **2026-03-04** — Fundraise closed with only $1,455 committed (0.49% of target), triggering automatic refund

## Relationship to KB
- [[futardio]] — launch platform
- [[MetaDAO]] — futarchy infrastructure provider
- Product demonstrated [[privacy.cash]] ZK-proof integration and [[Jupiter]] DEX routing
- Team allocation structure used [[performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution]] mechanism design