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

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Markdown

---
type: decision
entity_type: decision_market
name: "DigiFrens: Futardio Fundraise"
domain: internet-finance
status: failed
parent_entity: "[[digifrens]]"
platform: "futardio"
proposer: "DigiFrens team"
proposal_url: "https://v1.metadao.fi/digifrens/trade/HTyjkYarxpf115vPqGXYpPpS9jFMXzLLjGNnVjEGWuBg"
proposal_date: 2026-03-03
resolution_date: 2026-03-04
category: "fundraise"
summary: "DigiFrens attempted to raise $200K for AI companion app development through futarchy-governed launch"
tracked_by: rio
created: 2026-03-11
key_metrics:
funding_target: "$200,000"
total_committed: "$6,600"
completion_rate: "3.3%"
duration: "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
- [[futardio]] — fundraising platform
- [[digifrens]] — parent entity
- MetaDAO — underlying futarchy infrastructure
- Contrasts with [[futardio-cult-raised-11-4-million-in-one-day-through-futarchy-governed-meme-coin-launch]] which succeeded at scale
- Example of consumer application fundraising challenges in futarchy context