m3taversal
e8016cf013
Completes full proposal text backfill for all non-MetaDAO decision records. Futardio proposals (3): - futardio-proposal-1 (test, Failed 2024-05-27) - futardio-fund-rug-bounty-program (Passed 2024-06-14) - futardio-approve-budget-pre-governance-hackathon (Passed 2024-08-30) FutureDAO (1): - futuredao-initiate-liquidity-farming-raydium (Passed 2024-11-08) Dean's List/IslandDAO (1): - islanddao-treasury-proposal (Passed 2024-10-10) Futardio launches — successful (3): - avici-futardio-launch ($34.2M committed, $3.5M raised, 2025-10-14) - paystream-futardio-fundraise ($6.1M committed, $750K raised, 2025-10-23) - superclaw-futardio-fundraise ($5.95M committed, 119x oversubscribed, 2026-03-04) Futardio launches — failed (10): - digifrens ($6.6K/200K, 2026-03-03) - git3 ($28.3K/100K, 2026-03-05) - hurupay ($2M/3M, 2026-02-03) - insert-coin-labs ($2.5K/50K, 2026-03-05) - island ($250/50K, 2026-03-04) - manna-finance ($205/120K, 2026-03-03) - runbookai ($3.6K/350K, 2026-03-05) - salmon-wallet (refunding, 2026-02-22) - seekervault ($2.1K/75K, 2026-03-04) - versus ($5.3K/500K, 2026-03-03) Other (3): - mtncapital-wind-down (first futarchy liquidation, ~Sep 2025) - test-dao-testing-indexer-changes (test, 2025-07-02) - the-meme-is-real (test, 2026-03-03) Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
66 lines
3.4 KiB
Markdown
66 lines
3.4 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "SeekerVault: Futardio Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[seekervault]]"
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platform: "futardio"
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proposer: "gbflarcos, Beardkoda"
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proposal_url: "https://v1.metadao.fi/seekervault/trade/7AMzZD3JZ15FCX2eoC17KgJD5Ywum9J5i7E9BAbgc2vi"
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proposal_date: 2026-03-08
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resolution_date: 2026-03-09
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category: "fundraise"
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summary: "Fundraise for encrypted backup layer targeting 150K+ Solana Seeker phone users"
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key_metrics:
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funding_target: "$50,000"
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total_committed: "$2,095"
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outcome: "refunding"
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token_symbol: "J4r"
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token_mint: "J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta"
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tracked_by: rio
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created: 2026-03-11
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---
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# SeekerVault: Futardio Fundraise
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## Summary
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SeekerVault attempted to raise $50,000 through Futardio to build encrypted decentralized backup infrastructure for the 150,000+ Solana Seeker phones. The project positioned itself as replacing Google Drive/iCloud with Walrus + Seal storage, with a roadmap including AI agent vaults, creator content stores, and data marketplace. The raise attracted only $2,095 (4.2% of target) before entering refunding status.
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## Market Data
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- **Outcome:** Failed (Refunding)
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- **Proposers:** gbflarcos, Beardkoda
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- **Funding Target:** $50,000
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- **Total Committed:** $2,095
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- **Duration:** 1 day (2026-03-08 to 2026-03-09)
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- **Token:** J4r (J4rMkvf4qwJgX2nK3ueeL4E423chSG2jVqgk5LAGmeta)
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## Significance
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This fundraise demonstrates the challenge of raising capital for infrastructure plays even with clear product-market fit thesis (150K captive users). The 4.2% subscription rate suggests either:
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1. Market skepticism about execution capability (two-person team, ambitious multi-phase roadmap)
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2. Unclear value capture mechanism (SKV token utility described but not compelling)
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3. Competition concerns (despite claiming "zero competition")
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4. Timing mismatch (dApp Store listing still "in review")
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The pitch emphasized multiple revenue streams (subscriptions, creator economy tax, marketplace fees) but may have suffered from scope ambiguity — backup tool vs. AI agent infrastructure vs. creator platform vs. data marketplace.
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## Relationship to KB
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- [[seekervault]] — parent entity, fundraise attempt
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- [[futardio]] — platform used for raise
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- [[MetaDAO]] — futarchy governance infrastructure
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## Full Proposal Text
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*Source: futard.io, launched 2026-03-04*
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SeekerVault: Decentralized Data Sovereignty for the Solana Seeker. Encrypted decentralized backup infrastructure for Solana Seeker phones (150,000+ users). Replaces Google Drive/iCloud with Walrus + Seal storage.
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**Storage Layer:** Walrus protocol (distributed network). **Security Layer:** Seal (decentralized secrets management via Sui blockchain, on-chain access control, threshold cryptography).
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**Monetization:** Token-gated Content Vaults (creators sell access to private files/media). Point Streaking rewards users for migrating from centralized cloud.
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**Raise:** Target $75,000. Total committed: $2,095 (4.2%). Status: Refunding. Closed 2026-03-05. (Note: earlier listing showed $50K target / $1,186 committed — data varies by source.)
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**Pricing:** 20MB free, 100GB for $10/month (in SKR). Monthly burn: $10K ($4K team, $5K infrastructure, $1K marketing). Runway: 6 months.
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**Roadmap:** March 2026 (dApp store listing, storage subscription), Q2 (content subscription/token-gated vaults), Q3 (decentralized storefront). Website: seekervault.xyz
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