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>
39 lines
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1.8 KiB
Markdown
39 lines
No EOL
1.8 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Cloak
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domain: internet-finance
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status: failed
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founded: 2026
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platform: solana
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key_metrics:
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raise_target: "$300,000"
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total_committed: "$1,455"
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raise_outcome: "refunded"
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token_symbol: "8RS"
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ico_price: "$0.03"
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fdv_at_launch: "$477,000"
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total_supply: "15,900,000"
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ico_allocation: "10,000,000 (62.9%)"
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liquidity_allocation: "2,900,000 (18.2%)"
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team_allocation: "3,000,000 (18.9%, performance-locked)"
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tracked_by: rio
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created: 2026-03-11
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---
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# Cloak
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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.
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## Timeline
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- **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
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- **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
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## Relationship to KB
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- [[futardio]] — fundraising platform
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- [[MetaDAO]] — futarchy governance infrastructure
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- [[privacy-cash]] — ZK-proof privacy pool provider
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- [[Jupiter]] — DEX aggregator for trade execution
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- [[Oro]] — first RWA integration partner (tokenized gold)
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- Product demonstrates [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] failure mode when value proposition unclear
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- Architecture relevant to privacy DeFi and institutional on-chain trading use cases |