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teleo-codex/entities/internet-finance/fitbyte.md
Teleo Agents 586cb2e1b3 rio: extract from 2026-02-26-futardio-launch-fitbyte.md 
- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 07:54:28 +00:00

1 KiB
Raw Blame History

type entity_type name domain status platform launch_date funding_target total_committed outcome tracked_by created
entity company FitByte internet-finance failed futardio 2026-02-26 $500,000 $23 refunding rio 2026-03-11

FitByte

FitByte was a health and fitness protocol built on Solana that proposed a workout-to-earn model combined with sovereign health data ownership and a marketplace for users to monetize their health data with researchers and clinical trial operators. The project raised through MetaDAO's Unruggable ICO platform (Futardio) but failed to reach its funding target.

Timeline

  • 2026-02-26 — Launched fundraise on Futardio with $500,000 target
  • 2026-02-27 — Fundraise closed with only $23 committed, entered refunding status

Relationship to KB

  • futardio — launch platform
  • MetaDAO — parent organization providing unruggable ICO infrastructure
  • Example of failed futarchy-governed fundraise demonstrating market rejection despite aligned mechanism design