teleo-codex/entities/internet-finance/fitbyte.md
Teleo Agents 232f38d253 rio: extract from 2026-02-26-futardio-launch-fitbyte.md
- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 05:42:20 +00:00

1.1 KiB

type entity_type name domain status platform funding_target total_raised launch_date close_date outcome tracked_by created
entity company FitByte internet-finance failed futardio $500,000 $23 2026-02-26 2026-02-27 refunding rio 2026-03-11

FitByte

FitByte was a health and fitness protocol on Solana proposing a workout-to-earn model with sovereign health data ownership. The project raised through MetaDAO's futarchy-governed ICO platform (Futardio), positioning itself as infrastructure for users to monetize their health data through explicit consent to researchers and clinical trial operators. The raise failed immediately, collecting only $23 against a $500,000 target before entering refunding status within 24 hours.

Timeline

  • 2026-02-26 — Launched ICO on futardio with $500K target, positioning health data sovereignty and workout-to-earn mechanics
  • 2026-02-27 — Closed in refunding status with $23 raised (0.0046% of target)

Relationship to KB

  • futardio — launch platform
  • MetaDAO — governance infrastructure provider
  • Example of failed futarchy-governed raise with minimal market interest