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teleo-codex/entities/internet-finance/torch-market-futardio-fundraise.md
Teleo Agents ae3caaf5ea rio: extract from 2026-03-05-futardio-launch-torch-market.md 
- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 04:57:32 +00:00

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type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created key_metrics
entity decision_market Torch Market: Futardio Fundraise internet-finance failed torch-market futardio mrsirg97-rgb https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD 2026-03-05 2026-03-06 fundraise $75K fundraise for Torch Market DeFi protocol marketing and 6-month runway rio 2026-03-11
funding_target token_symbol token_mint platform_version
$75,000 5pF 5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta v0.7

Torch Market: Futardio Fundraise

Summary

Torch Market attempted to raise $75K through Futardio for 6-month runway focused on marketing and team expansion. The protocol had already launched on mainnet with formal verification and audit completed, positioning the raise as growth capital rather than development funding. The proposal included detailed budget breakdown: $500-1500/month for infrastructure, $3K founder compensation, $2K marketing, $6K for 2-person marketing team, plus $5K flat for mainnet token bonding.

Market Data

  • Outcome: Failed (Refunding status)
  • Proposer: mrsirg97-rgb
  • Duration: 1 day (2026-03-05 to 2026-03-06)
  • Funding Target: $75,000
  • Token: 5pF

Significance

This represents a post-launch fundraise on Futardio where the protocol had already shipped product (mainnet deployment, formal verification, audit, SDK, agent integrations). The rapid failure (1-day duration) and refunding status suggests market skepticism despite technical completeness, potentially indicating that Futardio markets price team credibility and traction over technical readiness. The detailed budget transparency (founder salary, marketing spend breakdown) did not overcome market hesitation.

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