- Source: inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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2.3 KiB
Markdown
46 lines
No EOL
2.3 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Salmon Wallet"
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domain: internet-finance
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status: active
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founded: 2022
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key_people:
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- role: "team"
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name: "undisclosed"
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key_metrics:
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bootstrap_funding: "$80,000"
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grant_funding: "$42,500"
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futarchy_raise_target: "$375,000"
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futarchy_raise_actual: "$97,535"
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monthly_burn_rate: "$25,000"
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platforms:
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- "Solana"
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- "Bitcoin"
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website: "https://salmonwallet.io/"
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social:
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twitter: "https://x.com/salmonwallet"
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telegram: "https://t.me/salmon_wallet"
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github: "https://github.com/salmon-wallet"
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tracked_by: rio
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created: 2026-03-11
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---
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# Salmon Wallet
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Open-source, self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Operates own Solana validator for transparent revenue. Attempted futarchy-governed fundraise on MetaDAO platform in March 2026 seeking $375K for 12-month operational runway but failed to reach target, raising only $97,535 before refunding.
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## Timeline
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- **2022** — Project founded, listed on Solana wallet adapter
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- **2022** — Bootstrapped $80K initial funding
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- **2022-2024** — Received $42.5K in grants (Serum: $2.5K, Eclipse: $40K)
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- **2026-03-03** — Launched futarchy-governed fundraise on futard.io seeking $375K
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- **2026-03-04** — Fundraise closed in refunding status after raising $97,535 (26% of target)
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- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched seeking $375K for 12-month runway
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- **2026-03-04** — Fundraise failed, entered refunding status after raising only $97,535 (26% of target)
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## Relationship to KB
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- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical case of futarchy friction for operational software
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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]] — demonstrates platform scope expansion to operational software
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- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — operational budget structure mirrors traditional software companies
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- [[futardio]] — platform used for fundraise attempt |