- Source: inbox/archive/2026-03-05-futardio-launch-git3.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
1.9 KiB
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 |
|
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.