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teleo-codex/entities/internet-finance/git3-futardio-fundraise.md
Teleo Agents 5e1893855e 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 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 13:57:34 +00:00

2 KiB
Raw Blame History

type entity_type name domain status parent_entity platform proposal_url proposal_date resolution_date category summary key_metrics 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 $100K for on-chain Git infrastructure development through Futardio but reached only 28% of target before refunding
funding_target total_committed commitment_ratio token token_mint
$100,000 $28,266 28.3% 6VT 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta
rio 2026-03-11

Git3: Futardio Fundraise

Summary

Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to accelerate development of on-chain Git infrastructure with x402 monetization. The raise attracted $28,266 (28.3% of target) before entering refunding status, representing a failed capital formation attempt for blockchain-based code storage infrastructure.

Market Data

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

Significance

This represents a test case for futarchy-governed fundraising for developer infrastructure. The low commitment ratio (28.3%) suggests either:

  1. Market skepticism about on-chain Git storage value proposition
  2. Insufficient liquidity/awareness in early Futardio ecosystem
  3. Competitive positioning challenges versus established Git hosting
  4. Timing issues with developer infrastructure fundraising

The rapid refunding (within 1 day) demonstrates the unruggable ICO mechanism working as designed — investors can force liquidation when projects fail to meet funding thresholds.

Relationship to KB

  • git3 — parent company entity
  • futardio — fundraising platform
  • MetaDAO — underlying futarchy infrastructure
  • Tests futarchy-governed fundraising for developer tools market