b6058f62a6
- Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
26 lines
1.2 KiB
Markdown
26 lines
1.2 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Etnl.io"
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domain: internet-finance
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status: active
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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futardio_raise_target: "$500,000"
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futardio_raise_committed: "$96"
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monthly_team_budget: "$30,000"
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raise_outcome: "refunding"
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---
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# Etnl.io
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Etnl.io is a mobile wallet project building Secure Enclave-based self-custody infrastructure that eliminates seed phrase exposure by generating and storing cryptographic keys entirely on-device. The project targets crypto-native users seeking hardware-grade security without external devices.
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## Timeline
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- **2026-03-09** — [[etnlio-futardio-fundraise]] failed: Futardio raise launched with $500K target, achieved only $96 in commitments before entering refunding status within 24 hours
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## Relationship to KB
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- First documented failed raise on [[futardio]] platform
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- Case study for [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
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- Challenges [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] regarding platform product-market fit
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