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

28 lines
No EOL
1.1 KiB
Markdown

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