b15a9cabc9
- 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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1.4 KiB
| type | entity_type | name | domain | status | website | social | tracked_by | created | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | Etnl.io | internet-finance | failed | https://etnl.io |
|
rio | 2026-03-11 |
Etnl.io
Etnl.io is a mobile wallet project that attempted to deliver hardware-level security through smartphone Secure Enclave integration without requiring external hardware devices. The project aimed to eliminate seed phrase exposure and recovery backdoors by generating and storing cryptographic keys entirely on-device. Etnl.io attempted to raise $500,000 through Futardio in March 2026 but failed to reach minimum threshold, achieving only $96 in commitments before refunding.
Timeline
- 2026-03-09 — Launched Futardio raise targeting $500K with $30K/month team budget and Secure Enclave-based architecture
- 2026-03-10 — Raise closed in refunding status with $96 committed (0.019% of target)
Relationship to KB
- futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements — first documented failed raise on Futardio platform
- 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 viability
- futardio — launched on this platform