- Source: inbox/archive/2026-02-03-futardio-launch-hurupay.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | parent_entity | platform | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created | key_metrics | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Hurupay: Futardio Fundraise | internet-finance | failed | hurupay | futardio | https://www.futard.io/launch/HT3ScC7gyo3zTn95s9jR7J3ez5u8HrRfFwD33YjMHLy3 | 2026-02-03 | 2026-02-07 | fundraise | Hurupay attempted to raise $3M minimum ($5M+ ideal) on Futardio for cross-border payments infrastructure scaling | rio | 2026-03-11 |
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Hurupay: Futardio Fundraise
Summary
Hurupay launched a futarchy-governed fundraise on Futardio targeting $3M minimum (ideally $5M+) to scale its stablecoin-based cross-border payments platform. The company brought substantial traction: $36M+ processed volume, $500K+ revenue, 30K+ users, and 15 business customers. Despite strong fundamentals, the raise committed $2,003,593 before entering refunding status on 2026-02-07.
Market Data
- Outcome: Failed (Refunding)
- Raise Target: $3,000,000 minimum
- Total Committed: $2,003,593 (66.8% of target)
- Token: HUR (HURUsdbnMfQSi6khLigf5As8wh2CGNnS2fxHDDXCmeta)
- Launch Date: 2026-02-03
- Resolution Date: 2026-02-07
Token Allocation
- 39.02% to ICO (10,000,000 tokens)
- 11.31% to liquidity (2,900,000 tokens)
- 42.66% to team on 3-year lockup (10,931,250 tokens)
- 7% to previous investors on 2-year vest (1,793,750 tokens)
DAO Configuration
- Team Sponsored Pass Threshold: -300bps
- Team Sponsored Stake Requirement: 0 HURU
- Pass Threshold: 300bps
- Stake Requirement: 1.5M HURU
- Proposal Duration: 3 days
Significance
This launch demonstrates futarchy-governed fundraising for a real-revenue payments company with proven product-market fit. The refunding outcome shows the mechanism can protect investors when market conditions or capital commitment don't meet thresholds, even for fundamentally strong projects. Hurupay's traction (32% MoM growth, $7.2M monthly volume) suggests the refunding reflects market timing or liquidity constraints rather than fundamental viability concerns.
Relationship to KB
- hurupay — parent entity
- 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 — demonstrates platform in action
- futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent — refunding status shows investor protection mechanism