81339b3df3
- Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
31 lines
1.5 KiB
Markdown
31 lines
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Etnl.io
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domain: internet-finance
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status: fundraising_failed
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website: https://etnl.io
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social:
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twitter: https://x.com/etnl_io
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telegram: https://t.me/etnlio
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key_metrics:
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futardio_raise_target: "$500,000"
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futardio_raise_committed: "$96"
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monthly_team_budget: "$30,000"
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raise_outcome: "refunding"
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tracked_by: rio
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created: 2026-03-11
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---
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# Etnl.io
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Etnl.io is a mobile wallet project that attempted to raise capital through Futardio's futarchy-governed platform in March 2026. The project proposed a Secure Enclave-based mobile wallet delivering hardware-level security without requiring external devices. The Futardio raise failed to reach minimum threshold, attracting only $96 of a $500,000 target before refunding.
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## Timeline
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- **2026-03-09** — Futardio raise launched with $500,000 target, $30K/month team budget, Secure Enclave-based mobile wallet product
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- **2026-03-10** — Raise closed in refunding status with $96 total committed (0.019% of target)
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## Relationship to KB
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- [[futardio]] — platform used for failed capital raise
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- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical evidence of adoption barriers
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- [[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]] — challenges product-market fit claim
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