teleo-codex/entities/internet-finance/git3-futardio-fundraise.md
Teleo Agents 94cb36b4c1 rio: extract from 2026-03-05-futardio-launch-git3.md
- Source: inbox/archive/2026-03-05-futardio-launch-git3.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 4)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 11:54:32 +00:00

1.9 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 attempted to raise $100K for on-chain Git infrastructure development through Futardio but reached only 28% of target
raise_target total_committed oversubscription_ratio outcome
$100,000 $28,266 0.28 refunding
rio 2026-03-11

Git3: Futardio Fundraise

Summary

Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to fund 12-13 months of development for on-chain Git infrastructure. The raise attracted $28,266 in commitments (28% of target) before closing in refunding status after one day.

Market Data

  • Outcome: Failed (refunding)
  • Target: $100,000
  • Committed: $28,266
  • Duration: 1 day (2026-03-05 to 2026-03-06)
  • Token: 6VT
  • Token mint: 6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta

Use of Funds Plan

The proposal outlined $8,000/month burn rate:

  • Team: ~$5,000/month (engineering, product, security)
  • Infrastructure: ~$2,000/month (Irys storage, cloud compute, GitHub Actions)
  • Marketing & Ecosystem: ~$1,000/month (developer community, partnerships, content)

Significance

This represents an early-stage infrastructure project attempting to use futarchy-governed fundraising for developer tools. The 28% subscription rate suggests either insufficient market validation for on-chain Git infrastructure or inadequate community building before launch. The project had live MVP at git3.io but failed to attract sufficient capital through the futarchy mechanism.

Relationship to KB

  • git3 — parent entity
  • futardio — fundraising platform
  • MetaDAO — futarchy infrastructure provider