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teleo-codex/entities/internet-finance/futardio-launch-hurupay.md
Teleo Agents 916c2fdea8 rio: extract from 2026-02-03-futardio-launch-hurupay.md 
- Source: inbox/archive/2026-02-03-futardio-launch-hurupay.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 05:19:01 +00:00

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type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary key_metrics tracked_by created
entity decision_market Futardio: Hurupay Fundraise internet-finance failed hurupay futardio Hurupay team https://www.futard.io/launch/HT3ScC7gyo3zTn95s9jR7J3ez5u8HrRfFwD33YjMHLy3 2026-02-03 2026-02-07 fundraise Hurupay attempted to raise $3M on Futardio for cross-border payments scaling but reached only $2M committed before entering refunding status
raise_target total_committed oversubscription_ratio token_to_ico token_to_liquidity token_to_team token_to_previous_investors monthly_spending_allowance
$3,000,000 $2,003,593 0.67 39.02% 11.31% 42.66% (3-year lockup) 7% (2-year vest) $250K
rio 2026-03-11

Futardio: Hurupay Fundraise

Summary

Hurupay, a stablecoin-based cross-border payments platform with $36M+ processed volume and 30K+ users, attempted to raise $3M on Futardio to scale distribution, expand sales teams, and progress U.S. MTL licensing. The launch committed $2,003,593 (67% of target) before closing and entering refunding status on 2026-02-07.

Market Data

  • Outcome: Failed (refunding)
  • Raise Target: $3,000,000
  • Total Committed: $2,003,593
  • Launch Date: 2026-02-03
  • Close Date: 2026-02-07
  • Token: HUR (HURUsdbnMfQSi6khLigf5As8wh2CGNnS2fxHDDXCmeta)
  • Platform Version: v0.7

Token Allocation

  • 10,000,000 (39.02%) to ICO
  • 2,900,000 (11.31%) to liquidity
  • 10,931,250 (42.66%) to team on 3-year lockup
  • 1,793,750 (7%) to previous investors on 2-year vest

DAO Configuration

  • Team Sponsored Pass Threshold: -300bps
  • Team Sponsored Stake Requirement: 0 HURU
  • Pass Threshold: 300bps
  • Stake Requirement: 1.5M HURU
  • Proposal Duration: 3 days

Significance

This launch demonstrates operational futarchy-governed fundraising mechanics at scale, including the refunding mechanism that makes "unruggable ICOs" credible. The 67% commitment rate and subsequent refunding shows the market's real-time capital allocation decision-making. Hurupay's traction (32% MoM growth, $7.2M monthly volume) provided substantial evidence for evaluation, yet the raise did not meet its threshold.

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