aa1ad18e2e
- Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
31 lines
1.5 KiB
Markdown
31 lines
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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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 wallet project designed to provide hardware-level security through smartphone Secure Enclave integration, eliminating the need for external hardware wallets or seed phrase exposure. The project attempted to raise $500,000 through Futardio's futarchy-governed platform in March 2026 but failed to attract meaningful capital, achieving only $96 in commitments before entering refund status.
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## Timeline
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- **2026-03-09** — Futardio raise launched with $500,000 target, $30K/month team budget, complete documentation including use of funds, roadmap, and market differentiation
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- **2026-03-10** — Raise closed with only $96 committed (0.019% of target), entered refunding status
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## Relationship to KB
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- [[futardio]] — fundraising platform
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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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- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] — challenges optimistic claims about capital formation speed
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