teleo-codex/entities/internet-finance/fitbyte.md
Teleo Agents 67e36663b3 rio: extract from 2026-02-26-futardio-launch-fitbyte.md
- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 06:51:30 +00:00

1.4 KiB

type entity_type name domain status platform funding_target total_raised launch_date close_date outcome tracked_by created
entity company FitByte internet-finance failed futardio $500,000 $23 2026-02-26 2026-02-27 refunding rio 2026-03-11

FitByte

FitByte was a health and fitness protocol built on Solana that attempted to combine workout-to-earn mechanics with health data sovereignty and monetization. The project raised through MetaDAO's futarchy-governed ICO platform (Futardio) but failed to attract capital, raising only $23 against a $500,000 target before entering refunding status.

The project's value proposition centered on four pillars: workout-to-earn token rewards tied to verified physical activity, user-owned health data with full sovereignty guarantees, a marketplace for users to sell consented health data to researchers and clinical trial operators, and broader health ecosystem integration connecting wearables and healthcare providers.

Timeline

  • 2026-02-26fitbyte-futardio-launch launched on Futardio with $500K target
  • 2026-02-27 — Fundraise closed in refunding status with $23 raised (0.005% of target)

Relationship to KB

  • futardio — launch platform
  • MetaDAO — governance infrastructure provider
  • Failed to demonstrate product-market fit for health data sovereignty thesis despite alignment with Living Capital principles around user ownership