8c303c80ef
- Source: inbox/archive/2026-03-05-futardio-launch-git3.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
2.5 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposal_url | proposal_date | resolution_date | category | summary | key_metrics | tracked_by | created | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | decision_market | Git3: Futardio Fundraise | internet-finance | failed | git3 | futardio | https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa | 2026-03-05 | 2026-03-06 | fundraise | Git3 raised $28,266 of $100K target (28.3%) for on-chain Git infrastructure before refunding |
|
rio | 2026-03-11 |
Git3: Futardio Fundraise
Summary
Git3 launched a $100K fundraise on Futardio to fund 12-13 months of development for on-chain Git infrastructure. The project proposed bringing Git repositories on-chain via Irys blockchain with GitHub Actions integration, repository NFTs, and x402 protocol monetization. The raise closed after one day with $28,266 committed (28.3% of target) and entered refunding status.
Market Data
- Outcome: Failed (refunding)
- Platform: Futardio v0.7
- Funding Target: $100,000
- Total Committed: $28,266 (28.3%)
- Launch Date: 2026-03-05
- Close Date: 2026-03-06
- Token: 6VT
- Monthly Burn: ~$8,000 (team $5K, infrastructure $2K, marketing $1K)
Significance
This fundraise represents an early test of futarchy-governed capital formation for developer infrastructure. The 28.3% fill rate suggests either insufficient market validation for the Code as Asset thesis, timing issues, or platform liquidity constraints. The one-day duration before closure indicates rapid market consensus on viability.
The proposal's emphasis on "vampire attack" strategy (GitHub Actions integration without workflow disruption) and x402 protocol monetization aligns with Living Capital's thesis on permissionless capital formation, but market response suggests skepticism about execution risk or market timing.
Relationship to KB
- git3 — parent entity
- futardio — fundraising platform
- MetaDAO — futarchy infrastructure provider
- Related to cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face
- Related to internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing