- 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>
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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 6-month runway covering marketing team, infrastructure, and mainnet token bonding | rio | 2026-03-11 |
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Torch Market: Futardio Fundraise
Summary
Torch Market attempted to raise $75,000 through Futardio for a 6-month runway covering marketing team hiring ($6K/month for 2 people), founder compensation ($3K/month), marketing budget ($2K/month), infrastructure costs (Helius RPC ~$500-1500/month), and $5K flat for mainnet token bonding (50 SOL). The fundraise entered refunding status after one day.
Market Data
- Outcome: Failed (Refunding)
- Proposer: mrsirg97-rgb
- Duration: 2026-03-05 to 2026-03-06 (1 day)
- Target: $75,000
- Token: 5pF (mint: 5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta)
Significance
This represents an early test case of futarchy-governed fundraising for a DeFi protocol with significant technical infrastructure (formal verification, SDK, agent integrations). The rapid failure (1 day to refunding) suggests either insufficient market interest, poor timing, or mismatch between the protocol's technical maturity and market appetite for DeFi protocol launches on Futardio.
Relationship to KB
- torch-market — parent entity
- futardio — fundraising platform
- MetaDAO — futarchy governance ecosystem
- Related to futarchy-governed-meme-coins-attract-speculative-capital-at-scale — contrasts with meme coin success