teleo-codex/entities/internet-finance/cloak.md
Teleo Agents b88dea14fb rio: extract from 2026-03-03-futardio-launch-cloak.md
- Source: inbox/archive/2026-03-03-futardio-launch-cloak.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 09:51:24 +00:00

1.3 KiB

type entity_type name domain status founded platform key_metrics tracked_by created
entity company Cloak internet-finance failed 2026 futardio
raise_target total_committed raise_outcome token_symbol ico_price fdv_at_launch total_supply circulating_at_launch
$300,000 $1,455 refunded 8RS $0.03 $477,000 15.9M 12.9M
rio 2026-03-11

Cloak

Cloak is a privacy infrastructure protocol on Solana that enables private DCA (dollar-cost averaging) execution through ZK-proof privacy pools and session wallet architecture. The protocol routes trades through Privacy.cash pools to break on-chain links between user wallets and trading strategies.

Cloak raised on Futardio with a $300K target but only attracted $1,455 in commitments before entering refund status. The project was built during the Solana Cypherpunk Hackathon and launched in private beta on mainnet before the fundraise.

Timeline

  • 2026-03-03 — Futardio fundraise launched with $300K target, $0.03 ICO price, 15.9M token supply
  • 2026-03-04 — Fundraise closed with only $1,455 committed (0.49% of target), entered refunding status

Relationship to KB

  • futardio — launch platform
  • MetaDAO — futarchy governance infrastructure
  • Privacy-focused DeFi on Solana
  • Failed to achieve product-market fit despite technical implementation