teleo-codex/entities/internet-finance/etnlio.md
Teleo Agents 5b43f8fb05 rio: extract from 2026-03-09-futardio-launch-etnlio.md
- Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 3)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 13:49:01 +00:00

28 lines
1.3 KiB
Markdown

---
type: entity
entity_type: company
name: "Etnl.io"
domain: internet-finance
status: failed
founded: 2026
key_people: []
key_metrics:
futardio_raise_target: "$500,000"
futardio_raise_committed: "$96"
monthly_team_budget: "$30,000"
tracked_by: rio
created: 2026-03-11
---
# Etnl.io
Etnl.io is a mobile wallet project that attempted to raise capital through Futardio in March 2026. The product proposition was a Secure Enclave-based smartphone wallet delivering hardware-level security without requiring external devices. The raise failed to attract meaningful capital despite professional presentation and complete documentation.
## Timeline
- **2026-03-09** — [[etnlio-futardio-fundraise]] launched on Futardio with $500,000 target
- **2026-03-10** — Raise entered refunding status with only $96 committed (0.019% of target)
## Relationship to KB
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — first documented professional raise failure on Futardio
- [[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]] — challenges product-market fit claims
- [[futardio]] — failed raise on platform