teleo-codex/decisions/internet-finance/insert-coin-labs-futardio-fundraise.md
m3taversal e8016cf013 rio: batch 3c — full text for remaining 21 decision records
Completes full proposal text backfill for all non-MetaDAO decision records.

Futardio proposals (3):
- futardio-proposal-1 (test, Failed 2024-05-27)
- futardio-fund-rug-bounty-program (Passed 2024-06-14)
- futardio-approve-budget-pre-governance-hackathon (Passed 2024-08-30)

FutureDAO (1):
- futuredao-initiate-liquidity-farming-raydium (Passed 2024-11-08)

Dean's List/IslandDAO (1):
- islanddao-treasury-proposal (Passed 2024-10-10)

Futardio launches — successful (3):
- avici-futardio-launch ($34.2M committed, $3.5M raised, 2025-10-14)
- paystream-futardio-fundraise ($6.1M committed, $750K raised, 2025-10-23)
- superclaw-futardio-fundraise ($5.95M committed, 119x oversubscribed, 2026-03-04)

Futardio launches — failed (10):
- digifrens ($6.6K/200K, 2026-03-03)
- git3 ($28.3K/100K, 2026-03-05)
- hurupay ($2M/3M, 2026-02-03)
- insert-coin-labs ($2.5K/50K, 2026-03-05)
- island ($250/50K, 2026-03-04)
- manna-finance ($205/120K, 2026-03-03)
- runbookai ($3.6K/350K, 2026-03-05)
- salmon-wallet (refunding, 2026-02-22)
- seekervault ($2.1K/75K, 2026-03-04)
- versus ($5.3K/500K, 2026-03-03)

Other (3):
- mtncapital-wind-down (first futarchy liquidation, ~Sep 2025)
- test-dao-testing-indexer-changes (test, 2025-07-02)
- the-meme-is-real (test, 2026-03-03)

Pentagon-Agent: Rio <5551F5AF-0C5C-429F-8915-1FE74A00E019>
2026-03-24 15:24:31 +00:00

2.8 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

Full Proposal Text

Source: futard.io, launched 2026-03-05

Insert Coin Labs: Web3 PVP gaming studio on Solana. Own a piece. Share the revenue.

Live Product: Domin8 on mainnet — 232 games played, 55.1 SOL volume, +2.7 SOL net gain. Smart contracts audited by Excalead (Honorable Mention at Solana Breakpoint 2025).

Raise: Target $50,000. Total committed: $2,508 (5%). Status: Refunding. Closed 2026-03-06.

Use of Funds: 80% team ($40K — devs, game designer, concept artist), 20% liquidity ($10K — $INSERT LP). Monthly burn: $4K. Runway: ~10 months.

Roadmap: Domin8 (live), 1v1 game (ready), casino hub (Q2 2026), Rabbit Royal (Q2 2026), Open API (Q3 2026), hackathon (Q4 2026). Website: iclabs.fun