97c1225acb
- Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
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1.8 KiB
| type | entity_type | name | domain | status | website | telegram | tracked_by | created | key_metrics | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | Etnl.io | internet-finance | fundraising_failed | https://etnl.io | https://x.com/etnl_io | https://t.me/etnlio | rio | 2026-03-11 |
|
Etnl.io
Etnl.io is a mobile wallet project focused on hardware-level security through Secure Enclave integration. The project attempted to raise $500,000 through Futardio in March 2026 but failed to reach minimum threshold, becoming the first documented failed raise on the platform.
Timeline
- 2026-03-09 — Launched Futardio raise targeting $500,000 with $30K/month team budget for Secure Enclave mobile wallet development
- 2026-03-10 — Raise entered refunding status after raising only $96 (0.019% of target)
Product
ETNL positions itself as next-generation mobile self-custody, leveraging smartphone Secure Enclaves and biometric systems to generate and store cryptographic keys entirely on-device. Architecture includes continuous integrity verification, authenticated software updates, and on-device transaction simulation. Target market: crypto-native users and institutional-leaning individuals seeking hardware-grade security without external devices.
Relationship to KB
- futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements — first documented Futardio failure provides empirical evidence of adoption barriers
- 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 — challenges claim about platform achieving scale
- futardio — failed raise on this platform