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

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1.4 KiB
Markdown

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