teleo-codex/decisions/internet-finance/insert-coin-labs-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 KiB

type entity_type name domain status parent_entity platform proposal_url proposal_date resolution_date category summary tracked_by created key_metrics
decision decision_market Insert Coin Labs: Futardio Fundraise internet-finance failed insert-coin-labs futardio https://v1.metadao.fi/insert-coin-labs/trade/62Yxd8gLQ2YYmY2TifhChJG4tVdf4b1oAHcMfwTL2WUu 2026-03-05 2026-03-06 fundraise Web3 gaming studio seeking $50K for team and liquidity with 80/20 split rio 2026-03-11
raise_target total_committed oversubscription_ratio token_mint allocation_team_pct allocation_liquidity_pct monthly_burn runway_months
50000 2508 0.05 32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta 80 20 4000 10

Insert Coin Labs: Futardio Fundraise

Summary

Insert Coin Labs attempted to raise $50,000 through Futardio to fund a multi-game Web3 studio on Solana. The raise allocated 80% to team (devs, designer, artist) and 20% to $INSERT token liquidity pool, with $4K monthly burn providing ~10 month runway. The fundraise failed, reaching only $2,508 (5% of target) before entering refunding status.

Market Data

  • Outcome: Failed (refunding)
  • Target: $50,000
  • Committed: $2,508 (5.0%)
  • Duration: 1 day (2026-03-05 to 2026-03-06)
  • Token: 32C (mint: 32CPstBmwccnLoaUqkqiiMVg1nKrQ3YGcM43vFAimeta)

Significance

Demonstrates market skepticism toward gaming studio fundraises even with live product traction (232 games played, 55.1 SOL volume on Domin8). The 95% funding gap suggests either insufficient market validation of the studio model, weak distribution/marketing, or broader market conditions unfavorable to gaming raises. Notable that the team had working product and audit credentials but still failed to attract capital.

Relationship to KB