65ef0d3f88
- Source: inbox/archive/2026-03-05-futardio-launch-git3.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
60 lines
No EOL
2.4 KiB
Markdown
60 lines
No EOL
2.4 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "Futardio: Git3 Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[git3]]"
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platform: "futardio"
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proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
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proposal_date: 2026-03-05
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resolution_date: 2026-03-06
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category: "fundraise"
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summary: "Git3 attempted to raise $100K for on-chain Git infrastructure but achieved only 28% commitment"
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key_metrics:
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raise_target: "$100,000"
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total_committed: "$28,266"
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commitment_ratio: 0.28
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token: "6VT"
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token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
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tracked_by: rio
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created: 2026-03-11
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---
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# Futardio: Git3 Fundraise
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## Summary
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Git3 launched a futarchy-governed fundraise on Futardio targeting $100K to build on-chain Git repository infrastructure with x402 monetization. Despite detailed technical roadmap, team planning, and live MVP, the raise achieved only $28,266 in commitments (28% of target) before entering refund status.
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## Market Data
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- **Outcome:** Failed (refunded)
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- **Launch date:** 2026-03-05
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- **Resolution date:** 2026-03-06
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- **Target:** $100,000
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- **Committed:** $28,266 (28%)
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- **Token:** 6VT
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## Significance
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This launch demonstrates market selectivity on Futardio beyond pure meme coin speculation. Git3 presented professional infrastructure thesis with:
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- Live MVP at git3.io
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- Detailed 3-phase roadmap through Q4 2025
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- Clear burn rate ($8K/month) and 12-month runway target
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- Technical integration with GitHub Actions and Irys blockchain
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- Monetization model through x402 protocol and repository NFTs
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Despite this preparation, the market rejected the valuation or thesis at 28% commitment. Suggests that infrastructure plays may require different launch dynamics than speculative tokens, or that the "Code as Asset" thesis lacked market conviction.
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The rapid failure (1 day from launch to refund) indicates either:
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1. Insufficient pre-launch community building
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2. Market skepticism about code monetization demand
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3. Valuation mismatch between team expectations and market assessment
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4. Competition from existing centralized Git hosting
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## Relationship to KB
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- [[git3]] — parent entity
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- [[futardio]] — launch platform
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- [[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]] — demonstrates range of projects attempting futarchy-governed fundraising |