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teleo-codex/entities/internet-finance/open-music.md
Teleo Agents 15e80e3600 rio: extract from 2026-03-03-futardio-launch-open-music.md 
- Source: inbox/archive/2026-03-03-futardio-launch-open-music.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 05:12:32 +00:00

1 KiB
Raw Blame History

type entity_type name domain status founded platform website twitter tracked_by created key_metrics
entity company Open Music internet-finance failed 2025 Solana https://openmusic.art https://x.com/openmusic_art rio 2026-03-11
raise_target total_committed raise_status oversubscription_ratio
$250,000 $27,533 refunding 0.11

Open Music

Artist-first music streaming platform built on Solana that replaces Spotify's pro-rata pool model with direct fan-to-artist payments. Raised through Futardio futarchy-governed launch but failed to reach funding target.

Timeline

  • 2026-03-03 — open-music-futardio-launch launched on Futardio seeking $250K for artist-first streaming platform
  • 2026-03-04 — Fundraise closed at $27,533 (11% of target), entered refunding status

Relationship to KB

  • futardio — fundraising platform
  • MetaDAO — futarchy infrastructure provider
  • Example of futarchy-governed launch that failed to reach minimum viable funding