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>
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2 KiB
Markdown
39 lines
No EOL
2 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "Torch Market: Futardio Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[torch-market]]"
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platform: "futardio"
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proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
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proposal_date: 2026-03-05
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resolution_date: 2026-03-06
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category: "fundraise"
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summary: "$75K fundraise for Torch Market DeFi protocol marketing and operations entered refunding status"
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tracked_by: rio
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created: 2026-03-11
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---
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# Torch Market: Futardio Fundraise
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## Summary
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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.
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## Market Data
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- **Outcome:** Failed (Refunding)
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- **Target:** $75,000
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- **Duration:** 2026-03-05 to 2026-03-06 (1 day)
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- **Token:** 5pF
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- **Platform Version:** v0.7
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## Significance
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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.
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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.
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## Relationship to KB
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- [[torch-market]] — parent entity
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- [[futardio]] — fundraising platform
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- [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] — contrast with successful meme coin raise
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- [[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 |