teleo-codex/entities/internet-finance/git3-futardio-fundraise.md
Teleo Agents 4e0014aea7 rio: extract from 2026-03-05-futardio-launch-git3.md
- Source: inbox/archive/2026-03-05-futardio-launch-git3.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 09:51:31 +00:00

1.8 KiB

type entity_type name domain status parent_entity platform proposal_url proposal_date resolution_date category summary funding_target total_committed token token_mint tracked_by created
entity decision_market Git3: Futardio Fundraise internet-finance failed git3 futardio https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa 2026-03-05 2026-03-06 fundraise Git3 attempted to raise $100,000 for on-chain Git infrastructure development through Futardio $100,000 $28,266 6VT 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta rio 2026-03-11

Git3: Futardio Fundraise

Summary

Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to fund 12-13 months of development for on-chain Git infrastructure. The raise attracted $28,266 in commitments (28.3% of target) before entering refunding status, indicating insufficient market confidence in the project's value proposition or execution risk.

Market Data

  • Outcome: Failed (Refunding)
  • Target: $100,000
  • Raised: $28,266 (28.3%)
  • Token: 6VT
  • Duration: 1 day (2026-03-05 to 2026-03-06)

Significance

This represents a failed capital formation attempt for infrastructure-layer blockchain tooling. The 28% fill rate suggests either:

  1. Market skepticism about developer adoption of on-chain Git storage
  2. Concerns about the x402 monetization model viability
  3. Competitive positioning against centralized alternatives (GitHub)
  4. Team execution risk given early MVP stage

The rapid closure (1 day) indicates the team or platform recognized insufficient momentum early rather than letting the raise languish.

Relationship to KB

  • git3 — parent entity
  • futardio — fundraising platform
  • MetaDAO — futarchy infrastructure provider
  • Tests market appetite for Code as an Asset (CAA) infrastructure