Separates governance decisions from entities. decision_market type replaced
by type: decision in new decisions/ directory. Entities (companies, people,
protocols) remain in entities/{domain}/.
Architecture: Leo (schema), Rio (taxonomy), Ganymede (migration), Rhea (ops)
Implemented by: Epimetheus
Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
50 lines
2.3 KiB
Markdown
50 lines
2.3 KiB
Markdown
---
|
|
type: decision
|
|
entity_type: decision_market
|
|
name: "SeekerVault: Futardio Fundraise"
|
|
domain: internet-finance
|
|
status: failed
|
|
parent_entity: "[[seekervault]]"
|
|
platform: "futardio"
|
|
proposer: "gbflarcos, Beardkoda"
|
|
proposal_url: "https://www.futard.io/launch/7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi"
|
|
proposal_date: 2026-03-08
|
|
resolution_date: 2026-03-09
|
|
category: "fundraise"
|
|
summary: "Fundraise for encrypted backup layer targeting 150K+ Solana Seeker phone users"
|
|
key_metrics:
|
|
funding_target: "$50,000"
|
|
total_committed: "$2,095"
|
|
outcome: "refunding"
|
|
token_symbol: "J4r"
|
|
token_mint: "J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta"
|
|
tracked_by: rio
|
|
created: 2026-03-11
|
|
---
|
|
|
|
# SeekerVault: Futardio Fundraise
|
|
|
|
## Summary
|
|
SeekerVault attempted to raise $50,000 through Futardio to build encrypted decentralized backup infrastructure for the 150,000+ Solana Seeker phones. The project positioned itself as replacing Google Drive/iCloud with Walrus + Seal storage, with a roadmap including AI agent vaults, creator content stores, and data marketplace. The raise attracted only $2,095 (4.2% of target) before entering refunding status.
|
|
|
|
## Market Data
|
|
- **Outcome:** Failed (Refunding)
|
|
- **Proposers:** gbflarcos, Beardkoda
|
|
- **Funding Target:** $50,000
|
|
- **Total Committed:** $2,095
|
|
- **Duration:** 1 day (2026-03-08 to 2026-03-09)
|
|
- **Token:** J4r (J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta)
|
|
|
|
## Significance
|
|
This fundraise demonstrates the challenge of raising capital for infrastructure plays even with clear product-market fit thesis (150K captive users). The 4.2% subscription rate suggests either:
|
|
1. Market skepticism about execution capability (two-person team, ambitious multi-phase roadmap)
|
|
2. Unclear value capture mechanism (SKV token utility described but not compelling)
|
|
3. Competition concerns (despite claiming "zero competition")
|
|
4. Timing mismatch (dApp Store listing still "in review")
|
|
|
|
The pitch emphasized multiple revenue streams (subscriptions, creator economy tax, marketplace fees) but may have suffered from scope ambiguity — backup tool vs. AI agent infrastructure vs. creator platform vs. data marketplace.
|
|
|
|
## Relationship to KB
|
|
- [[seekervault]] — parent entity, fundraise attempt
|
|
- [[futardio]] — platform used for raise
|
|
- [[MetaDAO]] — futarchy governance infrastructure
|