8309bdd6e5
- Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
31 lines
1.4 KiB
Markdown
31 lines
1.4 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: failed
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founded: 2026
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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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team_budget_monthly: "$30,000"
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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 designed to deliver hardware-level security through smartphone Secure Enclave integration, eliminating the need for external hardware devices. The project attempted to raise $500,000 through Futardio's futarchy-governed platform but failed to attract sufficient participation, raising only $96 before entering refunding status.
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## Timeline
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- **2026-03-09** — [[etnlio-futardio-fundraise]] launched on Futardio with $500K target
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- **2026-03-10** — Raise entered refunding status with only $96 committed (0.019% of target)
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## Relationship to KB
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- First documented failed raise on [[futardio]] platform with professional documentation
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- Evidence for [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
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- Challenges [[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]]
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