--- type: entity entity_type: decision_market name: "Git3: Futardio Fundraise" domain: internet-finance status: failed parent_entity: "[[git3]]" platform: "futardio" proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa" proposal_date: 2026-03-05 resolution_date: 2026-03-06 category: "fundraise" summary: "Git3 attempted to raise $100K for on-chain Git infrastructure through futarchy-governed launch" key_metrics: funding_target: "$100,000" total_committed: "$28,266" completion_rate: "28.3%" launch_token: "6VT" token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta" launch_address: "HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa" tracked_by: rio created: 2026-03-11 --- # Git3: Futardio Fundraise ## Summary Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to build on-chain Git infrastructure with permanent storage on Irys blockchain, repository NFTs, and x402 protocol monetization. The raise closed in refunding status after one day with only 28.3% of target committed. ## Market Data - **Outcome:** Failed (refunding) - **Target:** $100,000 - **Committed:** $28,266 (28.3%) - **Duration:** 1 day (2026-03-05 to 2026-03-06) - **Token:** 6VT ## Significance This represents a test case for futarchy-governed fundraising in developer infrastructure. The low completion rate (28.3%) suggests either: 1. Market skepticism about on-chain Git value proposition 2. Insufficient liquidity/attention for developer tools on futarchy platforms 3. Timing or execution issues in the launch The project had a complete technical roadmap (MVP live, 3-phase development plan) and clear revenue model (creator fees, protocol fees, agent royalties), but failed to attract sufficient capital commitment through the futarchy mechanism. ## Relationship to KB - [[git3]] — parent entity - [[futardio]] — fundraising platform - [[MetaDAO]] — futarchy governance infrastructure - Relevant to [[futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility]]