3624c02f0c
- Source: inbox/archive/2026-03-03-futardio-launch-cloak.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
1.8 KiB
1.8 KiB
| type | entity_type | name | domain | status | founded | platform | key_metrics | tracked_by | created | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | Cloak | internet-finance | failed | 2026 | solana |
|
rio | 2026-03-11 |
Cloak
Cloak is a privacy-focused DCA (dollar-cost averaging) protocol on Solana that enables traders to accumulate assets anonymously using ZK-proof privacy pools. The protocol routes trades through unlinkable session wallets to break the on-chain connection between user wallets and trading strategies. Cloak raised via Futardio's futarchy-governed ICO mechanism but failed to reach its $300K target, raising only $1,455 before refunding.
Timeline
- 2026-03-03 — cloak-futardio-fundraise launched on Futardio with $300K target, offering private DCA into SOL, cbBTC, and ZEC with Privacy.cash ZK-proof integration
- 2026-03-04 — Fundraise closed with $1,455 committed (0.49% of target), triggering automatic refund; first RWA integration with Oro (tokenized gold) announced during raise
Relationship to KB
- futardio — fundraising platform
- MetaDAO — futarchy governance infrastructure
- privacy-cash — ZK-proof privacy pool provider
- Jupiter — DEX aggregator for trade execution
- Oro — first RWA integration partner (tokenized gold)
- Product demonstrates futarchy-governed-meme-coins-attract-speculative-capital-at-scale failure mode when value proposition unclear
- Architecture relevant to privacy DeFi and institutional on-chain trading use cases