teleo-codex/entities/internet-finance/manna-finance-futardio-fundraise.md
Teleo Agents 618cab3a6b rio: extract from 2026-03-03-futardio-launch-manna-finance.md
- Source: inbox/archive/2026-03-03-futardio-launch-manna-finance.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 06:24:38 +00:00

2.4 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary key_metrics tracked_by created
entity decision_market Manna Finance: Futardio Fundraise internet-finance failed manna-finance futardio Manna Finance team https://www.futard.io/launch/5whxoTjxW4oKeSN4C8yf5JUur7pcSChkPWgmhSZQ8oD5 2026-03-03 2026-03-04 fundraise Manna Finance attempted to raise $120K on Futardio for zero-interest CDP protocol development but failed to reach minimum threshold
raise_target total_committed oversubscription_ratio runway_months monthly_burn token token_mint
$120,000 $205 0.0017 12 $10,000 DQu DQuz3AeodGAoyXV5MG56F1ZqvgRpn1VhFwFskW6Jmeta
rio 2026-03-11

Manna Finance: Futardio Fundraise

Summary

Manna Finance launched a fundraise on Futardio seeking $120,000 to build a zero-interest CDP protocol on Solana. The raise failed dramatically, attracting only $205 in commitments (0.17% of target) before closing in refunding status after one day. The project proposed a 12-month runway with $10K monthly burn to cover smart contract audits, mainnet deployment, and team compensation.

Market Data

  • Outcome: Failed (refunding)
  • Raise Target: $120,000
  • Total Committed: $205
  • Duration: 1 day (2026-03-03 to 2026-03-04)
  • Platform: Futardio v0.7
  • Token: DQu (DQuz3AeodGAoyXV5MG56F1ZqvgRpn1VhFwFskW6Jmeta)

Significance

This represents one of the most severe fundraise failures on Futardio, with less than 0.2% of target capital committed. The failure suggests either:

  1. Market skepticism of zero-interest CDP viability on Solana given existing stablecoin competition
  2. Insufficient community trust in anonymous team
  3. Poor market timing or distribution
  4. Futardio platform liquidity/discovery issues

The project's detailed competitive analysis and technical roadmap did not translate into capital commitment, raising questions about what signals early-stage crypto fundraising markets actually respond to.

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