9d68f22a1b
- 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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1.5 KiB
Markdown
32 lines
No EOL
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Etnl.io"
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domain: internet-finance
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status: failed
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founded: 2026
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website: "https://etnl.io"
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social:
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twitter: "https://x.com/etnl_io"
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telegram: "https://t.me/etnlio"
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key_metrics:
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futardio_raise_target: "$500,000"
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futardio_raise_committed: "$96"
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futardio_raise_success_rate: "0.019%"
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monthly_team_budget: "$30,000"
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tracked_by: rio
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created: 2026-03-11
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---
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# Etnl.io
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Etnl.io is a mobile self-custody wallet project that attempted to raise capital through Futardio's futarchy-governed platform. The project proposed a Secure Enclave-based architecture for smartphone wallets, delivering hardware-level security without external devices. Despite complete documentation and professional presentation, the raise failed to reach minimum threshold, becoming the first documented failed raise on the Futardio platform.
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## Timeline
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- **2026-03-09** — Futardio raise launched: $500K target, Secure Enclave-based mobile wallet product
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- **2026-03-10** — Raise entered refunding status after raising only $96 (0.019% of target)
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## Relationship to KB
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- [[futardio]] — platform used for fundraise attempt
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- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical evidence of adoption barriers
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- [[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 product-market fit claim |