---
type: entity
entity_type: company
name: "Etnl.io"
domain: internet-finance
status: failed
website: "https://etnl.io"
twitter: "https://x.com/etnl_io"
telegram: "https://t.me/etnlio"
tracked_by: rio
created: 2026-03-11
key_metrics:
  futardio_raise_target: "$500,000"
  futardio_raise_committed: "$96"
  monthly_team_budget: "$30,000"
  token_symbol: "64S"
  token_mint: "64SnHgEfSdzpnmHEhh2niN8bcAjmhTyEQky2DKWBmeta"
---

# Etnl.io

## Overview

Etnl.io is a mobile wallet project that attempted to build hardware-level security using smartphone Secure Enclave technology, eliminating the need for external hardware wallets. The project targeted crypto-native users seeking self-custody without seed phrase exposure or external devices. The company attempted to raise $500,000 through Futardio's futarchy-governed platform in March 2026 but failed to attract meaningful capital, raising only $96 before entering refunding status.

## Timeline

- **2026-03-09** — Launched Futardio raise targeting $500,000 with $30K/month team budget for Secure Enclave-based mobile wallet development
- **2026-03-10** — Futardio raise failed with only $96 committed (0.019% of target), entered refunding status

## Relationship to KB

First documented failed raise on [[futardio]] platform, providing empirical evidence for [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] and challenging optimistic claims about [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]]. The failure is notable because the project had professional presentation, complete documentation, and coherent product narrative, suggesting the barrier was market liquidity rather than project quality.