teleo-codex/decisions/internet-finance/digifrens-futardio-fundraise.md
m3taversal 1a31bc0f4d rio: Dean's List, ORE, coal full text + URL migration (75 files)
Changes that missed PR #1750 merge:

Dean's List (8 records):
- 6 full text backfills + 2 new (Treasury De-Risking, Liquidity Fee Structure)

ORE (4 records):
- 2 full text backfills + 2 new (USDC-ORE Boost, Sublinear Supply Function)

coal (4 records):
- 4 full text backfills

URL migration (75 files):
- All proposal_url fields migrated from dead futard.io to v1.metadao.fi
- Pattern: futard.io/proposal/{key} → v1.metadao.fi/{project}/trade/{key}
- futard.io returns 404; v1.metadao.fi returns 200

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 14:58:28 +00:00

2.2 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary tracked_by created key_metrics
decision decision_market DigiFrens: Futardio Fundraise internet-finance failed digifrens futardio DigiFrens team https://v1.metadao.fi/digifrens/trade/HTyjkYarxpf115vPqGXYpPpS9jFMXzLLjGNnVjEGWuBg 2026-03-03 2026-03-04 fundraise DigiFrens attempted to raise $200K for AI companion app development through futarchy-governed launch rio 2026-03-11
funding_target total_committed completion_rate duration
$200,000 $6,600 3.3% 1 day

DigiFrens: Futardio Fundraise

Summary

DigiFrens launched a $200,000 fundraise on Futardio to fund development of an AI companion iOS app with persistent memory, personality evolution, and Gaussian Splatting avatars. The raise closed after one day with only $6,600 committed (3.3% of target), entering refunding status.

Market Data

  • Outcome: Failed (refunding)
  • Target: $200,000
  • Committed: $6,600 (3.3%)
  • Duration: 1 day (2026-03-03 to 2026-03-04)
  • Platform: Futardio v0.7

Significance

This represents a consumer AI application attempting futarchy-based fundraising in the AI companion market segment. The 96.7% funding shortfall suggests either market skepticism about the product-market fit, insufficient community building pre-launch, or broader challenges with consumer app fundraising through futarchy mechanisms. The one-day duration indicates either automatic closure at a deadline or manual termination due to low traction.

The project had substantial technical development already complete (TestFlight beta, 4 avatars, 6 AI providers, complex memory architecture), suggesting the failure was not due to lack of product but rather capital formation execution or market timing.

Relationship to KB