0dc84bf56f
- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
2 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Torch Market: Futardio Fundraise | internet-finance | failed | torch-market | futardio | https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD | 2026-03-05 | 2026-03-06 | fundraise | $75K fundraise for Torch Market DeFi protocol marketing and operations entered refunding status | rio | 2026-03-11 |
Torch Market: Futardio Fundraise
Summary
Torch Market attempted to raise $75,000 on Futardio for 6-month runway covering infrastructure, founder salary, marketing team (2 people), and 5 SOL for mainnet token bonding. The fundraise entered refunding status within one day, indicating insufficient market support.
Market Data
- Outcome: Failed (Refunding)
- Target: $75,000
- Duration: 2026-03-05 to 2026-03-06 (1 day)
- Token: 5pF
- Platform Version: v0.7
Significance
This represents a failed attempt to use futarchy-governed fundraising for an operational DeFi protocol with existing product (live on mainnet, formally verified, audited). The rapid failure suggests either market skepticism about the project's viability, insufficient marketing/community building pre-launch, or broader challenges with futarchy fundraising for technical infrastructure projects versus meme coins.
The project had technical credibility markers (formal verification, audit, ~4K Clawhub downloads) but failed to attract capital, contrasting with successful meme coin launches on the same platform.
Relationship to KB
- torch-market — parent entity
- futardio — fundraising platform
- futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch — contrast with successful meme coin raise
- futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility — example of platform risk