724c15d510
- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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1.5 KiB
Markdown
36 lines
No EOL
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "FitByte"
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domain: internet-finance
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status: failed
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founded: 2026
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platform: "Solana"
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parent_entity: "[[futardio]]"
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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raise_target: "$500,000"
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total_committed: "$23"
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launch_date: "2026-02-26"
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close_date: "2026-02-27"
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outcome: "refunding"
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---
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# FitByte
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FitByte was a health and fitness protocol on Solana that attempted to combine workout-to-earn mechanics with health data sovereignty and monetization. The project raised through MetaDAO's Futardio platform with a $500,000 target but closed after one day with only $23 committed, entering refunding status.
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The project's thesis centered on four pillars: workout-to-earn token rewards tied to verified physical activity, user-owned health data with full sovereignty, paid data sharing for research and clinical trials, and broader health ecosystem integration. The team positioned the raise through futarchy governance as aligned with their data sovereignty principles.
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## Timeline
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- **2026-02-26** — Launched fundraise on Futardio targeting $500,000 for health data sovereignty protocol
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- **2026-02-27** — Fundraise closed with $23 committed (0.0046% of target), entered refunding status
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## Relationship to KB
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- [[futardio]] — launch platform
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- [[MetaDAO]] — governance infrastructure provider
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FitByte represents a failed launch on the futarchy platform, demonstrating that governance mechanism quality does not guarantee project viability or market demand. |