teleo-codex/decisions/internet-finance/versus-futardio-fundraise.md
m3taversal 6a5b80e25c rio: batch 4 — 26 new decision records for 10 projects
New decision records with full proposal text for projects that previously
had zero governance documentation in the KB.

Omnipair (4):
- OMFG-001: Increase Allowance to $50K/mo (Passed, 2025-10-03)
- OMFG-002: Fund Security Audits $64K (Passed, 2025-10-31)
- OMFG-003: Migrate to V0.6 (Passed, 2026-02-16)
- OMFG-004: Strategic Ecosystem Investment $20K (Passed, 2026-03-12)

Ranger (3):
- ICO Launch: $86.4M committed, $6M min (Complete, 2026-01-06)
- $2M Buyback at NAV (Passed, 2026-01-12)
- Liquidation: contested, citing misrepresentation (Passed, 2026-03-02)

Solomon (3):
- ICO Launch: $102.9M committed, $8M raised (Complete, 2025-11-14)
- DP-00001: Treasury Subcommittee + $150K Legal (Passed, 2026-03-05)
- DP-00002: SOLO Acquisition + Incentives Reserve (Passed, 2026-03-13)

Loyal (3):
- ICO Launch: $75.9M committed (Complete, 2025-10-18)
- $1.5M Buyback at NAV (Passed, 2025-11-26)
- Liquidity Adjustment: burn 810K tokens (Passed, 2025-12-23)

ZKLSOL (4):
- ICO Launch: $969K raised (Complete, 2025-10-20)
- Burn Team Performance Package (Passed, 2025-11-22)
- $200K Buyback (Passed, 2026-01-16)
- Restructuring Proposal (Passed, 2026-02-07)

Umbra (3):
- ICO Launch: $154.9M committed, $3M raised (Complete, 2025-10-06)
- UMBRA-001: Fund Security Audits $105K (Passed, 2025-11-12)
- Road to Mainnet operational expansion (Passed, 2026-01-13)

Futardio cult (3):
- ICO Launch: $11.4M committed (Complete, 2026-03-03)
- FUTARDIO-001: Omnibus — 90% token burn + $50/mo spend (Passed, 2026-03-04)
- $10K Meteora DLMM Liquidity Pool (Passed, 2026-03-17)

Kyros (1):
- Burn 4.42M unclaimed airdrop tokens (Passed, 2026-01-13)

Jito DAO (1):
- JTO Vault / TipRouter NCN per JIP-10 (Passed, 2025-01-13)

Marinade (1):
- SAM Bid Routing to MNDE Stakers per MIP.5 (Passed, 2025-02-04)

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 15:40:54 +00:00

58 lines
2.9 KiB
Markdown

---
type: decision
entity_type: decision_market
name: "VERSUS: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[versus]]"
platform: "futardio"
proposal_url: "https://v1.metadao.fi/versus/trade/97zmRbfpCR88KkFucJnUvMKEaFg5ay6GxQSWmyEsdi67"
proposal_date: 2026-03-03
resolution_date: 2026-03-04
category: "fundraise"
summary: "VERSUS attempted to raise $500K for AI-animated meme coin betting platform through futarchy-governed launch"
key_metrics:
funding_target: "$500,000"
total_committed: "$5,283"
outcome: "refunding"
completion_rate: "1.06%"
duration_days: 1
tracked_by: rio
created: 2026-03-11
---
# VERSUS: Futardio Fundraise
## Summary
VERSUS launched a futarchy-governed fundraise on Futardio to raise $500,000 over 12 months for a provably fair AI-animated coinflip duels platform on Solana. The project proposed allocating 75% of funds to branding, marketing, and Twitter Gold, with 25% to development. The platform would feature AI-generated real-time 3D duel animations where meme coins battle each other, with 0.5%-1% of each bet used to buy and burn the $VS token. The raise failed dramatically, achieving only 1.06% of its target before entering refunding status after one day.
## Market Data
- **Outcome:** Failed (Refunding)
- **Funding Target:** $500,000
- **Total Committed:** $5,283
- **Completion Rate:** 1.06%
- **Duration:** 1 day (2026-03-03 to 2026-03-04)
- **Token:** $VS (ByPLh8frWwcH5pXjxS2iAc7WyGQBbnYNCb583FeGmeta)
## Significance
This represents one of the most dramatic failures in the Futardio launch ecosystem, with the raise closing at barely 1% of target. The failure provides a data point on market appetite for meme-coin-adjacent gaming platforms and suggests that futarchy-governed launches effectively filter out projects with weak product-market fit or unconvincing teams. The 75% marketing allocation may have signaled weak technical fundamentals to potential backers.
## Relationship to KB
- [[versus]] — parent entity
- [[futardio]] — launch platform
- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — counter-example to successful meme launches
- [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] — contrast with successful raise
## Full Proposal Text
*Source: futard.io, launched 2026-03-03*
VERSUS: Provably fair AI-animated coinflip duels on Solana.
**Concept:** Players bet with meme coins in 1v1 duels. AI generates real-time 3D duel animations unique per match. Example: $100 Pudgy Penguins vs $100 Avici — winner takes ~$199. Provably fair via smart contracts.
**Token Mechanics:** 0.5%-1% of each bet (futarchy-voted) burns $VS token.
**Raise:** Target $500,000. Total committed: $5,283 (1.06%). Status: Refunding. Closed 2026-03-04.
**Use of Funds:** 75% branding/marketing/Twitter Gold, 25% development. Wholly owned by $VS token holders, all decisions via futarchy. Website: versus.gg