4e0014aea7
- Source: inbox/archive/2026-03-05-futardio-launch-git3.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
47 lines
No EOL
1.8 KiB
Markdown
47 lines
No EOL
1.8 KiB
Markdown
---
|
|
type: entity
|
|
entity_type: decision_market
|
|
name: "Git3: Futardio Fundraise"
|
|
domain: internet-finance
|
|
status: failed
|
|
parent_entity: "[[git3]]"
|
|
platform: "futardio"
|
|
proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
|
|
proposal_date: 2026-03-05
|
|
resolution_date: 2026-03-06
|
|
category: "fundraise"
|
|
summary: "Git3 attempted to raise $100,000 for on-chain Git infrastructure development through Futardio"
|
|
funding_target: "$100,000"
|
|
total_committed: "$28,266"
|
|
token: "6VT"
|
|
token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
|
|
tracked_by: rio
|
|
created: 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 |