teleo-codex/entities/internet-finance/git3-futardio-fundraise.md
Teleo Agents 005d83591f rio: extract from 2026-03-05-futardio-launch-git3.md
- Source: inbox/archive/2026-03-05-futardio-launch-git3.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 12:57:31 +00:00

2.6 KiB

type entity_type name domain status parent_entity platform proposal_url proposal_date resolution_date category summary key_metrics tracked_by created
entity decision_market Git3: Futardio Fundraise internet-finance failed git3 futardio https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa 2026-03-05 2026-03-06 fundraise Git3 attempted to raise $100K for on-chain Git infrastructure through Futardio but reached only $28,266 before refunding
funding_target total_committed commitment_ratio
$100,000 $28,266 0.28
rio 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 attracted $28,266 in commitments (28% of target) before entering refunding status.

Market Data

  • Outcome: Failed (refunding)
  • Funding Target: $100,000
  • Total Committed: $28,266
  • Commitment Ratio: 28%
  • Launch Date: 2026-03-05
  • Close Date: 2026-03-06
  • Token: 6VT
  • Token Mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta

Project Details

Git3 proposed bringing Git repositories on-chain with:

  • Permanent storage on Irys blockchain
  • Repository-as-NFT ownership model
  • x402 protocol for code monetization
  • GitHub Actions integration for seamless deployment
  • AI agent interoperability through decentralized MCP
  • MVP already live at git3.io

Planned Use of Funds:

  • Team: ~$5,000/month
  • Infrastructure: ~$2,000/month
  • Marketing & Ecosystem: ~$1,000/month
  • Total burn: ~$8,000/month
  • Target runway: 12-13 months

Roadmap:

  • Phase 1 (Current): Core infrastructure with GitHub integration
  • Phase 2 (Q2-Q3 2025): NFT marketplace and x402 integration
  • Phase 3 (Q4 2025): Ecosystem expansion and $GIT3 token

Significance

This fundraise demonstrates the challenge of raising capital for infrastructure projects through futarchy markets, even with working MVP and clear technical roadmap. The 28% commitment ratio suggests either insufficient market validation, unclear value proposition, or limited awareness within the Futardio ecosystem.

The project's "vampire attack" strategy of extending GitHub rather than replacing it represents a pragmatic go-to-market approach, but the failed raise indicates this positioning may not have resonated with futarchy market participants.

Relationship to KB

  • git3 — parent entity
  • futardio — fundraising platform
  • MetaDAO — futarchy infrastructure provider