m3taversal
e8016cf013
Completes full proposal text backfill for all non-MetaDAO decision records. Futardio proposals (3): - futardio-proposal-1 (test, Failed 2024-05-27) - futardio-fund-rug-bounty-program (Passed 2024-06-14) - futardio-approve-budget-pre-governance-hackathon (Passed 2024-08-30) FutureDAO (1): - futuredao-initiate-liquidity-farming-raydium (Passed 2024-11-08) Dean's List/IslandDAO (1): - islanddao-treasury-proposal (Passed 2024-10-10) Futardio launches — successful (3): - avici-futardio-launch ($34.2M committed, $3.5M raised, 2025-10-14) - paystream-futardio-fundraise ($6.1M committed, $750K raised, 2025-10-23) - superclaw-futardio-fundraise ($5.95M committed, 119x oversubscribed, 2026-03-04) Futardio launches — failed (10): - digifrens ($6.6K/200K, 2026-03-03) - git3 ($28.3K/100K, 2026-03-05) - hurupay ($2M/3M, 2026-02-03) - insert-coin-labs ($2.5K/50K, 2026-03-05) - island ($250/50K, 2026-03-04) - manna-finance ($205/120K, 2026-03-03) - runbookai ($3.6K/350K, 2026-03-05) - salmon-wallet (refunding, 2026-02-22) - seekervault ($2.1K/75K, 2026-03-04) - versus ($5.3K/500K, 2026-03-03) Other (3): - mtncapital-wind-down (first futarchy liquidation, ~Sep 2025) - test-dao-testing-indexer-changes (test, 2025-07-02) - the-meme-is-real (test, 2026-03-03) Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
60 lines
No EOL
2.8 KiB
Markdown
60 lines
No EOL
2.8 KiB
Markdown
---
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type: decision
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entity_type: decision_market
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name: "Insert Coin Labs: Futardio Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[insert-coin-labs]]"
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platform: futardio
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proposal_url: "https://v1.metadao.fi/insert-coin-labs/trade/62Yxd8gLQ2YYmY2TifhChJG4tVdf4b1oAHcMfwTL2WUu"
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proposal_date: 2026-03-05
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resolution_date: 2026-03-06
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category: fundraise
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summary: "Web3 gaming studio seeking $50K for team and liquidity with 80/20 split"
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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: 50000
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total_committed: 2508
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oversubscription_ratio: 0.05
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token_mint: "32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta"
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allocation_team_pct: 80
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allocation_liquidity_pct: 20
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monthly_burn: 4000
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runway_months: 10
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---
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# Insert Coin Labs: Futardio Fundraise
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## Summary
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Insert Coin Labs attempted to raise $50,000 through Futardio to fund a multi-game Web3 studio on Solana. The raise allocated 80% to team (devs, designer, artist) and 20% to $INSERT token liquidity pool, with $4K monthly burn providing ~10 month runway. The fundraise failed, reaching only $2,508 (5% of target) before entering refunding status.
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## Market Data
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- **Outcome:** Failed (refunding)
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- **Target:** $50,000
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- **Committed:** $2,508 (5.0%)
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- **Duration:** 1 day (2026-03-05 to 2026-03-06)
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- **Token:** 32C (mint: 32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta)
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## Significance
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Demonstrates market skepticism toward gaming studio fundraises even with live product traction (232 games played, 55.1 SOL volume on Domin8). The 95% funding gap suggests either insufficient market validation of the studio model, weak distribution/marketing, or broader market conditions unfavorable to gaming raises. Notable that the team had working product and audit credentials but still failed to attract capital.
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## Relationship to KB
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- [[futardio]] — fundraising platform
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- [[insert-coin-labs]] — parent entity
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- [[MetaDAO]] — underlying futarchy infrastructure
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- Contrasts with [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] showing market selectivity
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## Full Proposal Text
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*Source: futard.io, launched 2026-03-05*
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Insert Coin Labs: Web3 PVP gaming studio on Solana. Own a piece. Share the revenue.
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**Live Product:** Domin8 on mainnet — 232 games played, 55.1 SOL volume, +2.7 SOL net gain. Smart contracts audited by Excalead (Honorable Mention at Solana Breakpoint 2025).
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**Raise:** Target $50,000. Total committed: $2,508 (5%). Status: Refunding. Closed 2026-03-06.
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**Use of Funds:** 80% team ($40K — devs, game designer, concept artist), 20% liquidity ($10K — $INSERT LP). Monthly burn: $4K. Runway: ~10 months.
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**Roadmap:** Domin8 (live), 1v1 game (ready), casino hub (Q2 2026), Rabbit Royal (Q2 2026), Open API (Q3 2026), hackathon (Q4 2026). Website: iclabs.fun |