76866c3e52
- Source: inbox/archive/2026-03-03-futardio-launch-open-music.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
1.3 KiB
1.3 KiB
| type | entity_type | name | domain | status | website | founded | key_metrics | tracked_by | created | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | Open Music | internet-finance | failed | https://openmusic.art | https://x.com/openmusic_art | 2025 |
|
rio | 2026-03-11 |
Open Music
Artist-first streaming platform on Solana that attempted to replace Spotify's pro-rata pool model with direct subscriber-to-artist payments. Launched fundraise on Futardio (MetaDAO's futarchy launchpad) on 2026-03-03, targeting $250K but reaching only $27,533 (11%) before entering REFUNDING status.
Timeline
- 2026-03-03 — Launched $250K fundraise on Futardio for artist-first streaming platform
- 2026-03-04 — Fundraise closed in REFUNDING status with $27,533 raised (11% of target)
Relationship to KB
- 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 — failed launch case study
- futarchy-governed-meme-coins-attract-speculative-capital-at-scale — counter-evidence (utility project failed to attract capital)
- futardio — platform used for fundraise