teleo-codex/entities/internet-finance/open-music.md
Teleo Pipeline f70720aa78 reconcile: mark 312 archive sources, add 300 bidirectional links
- 131 sources → processed (matched to decisions/entities by proposal hash)
- 72 sources → null-result (test/spam)
- 109 sources → null-result (futardio unmatched, no KB output)
- 91 sources kept unprocessed (genuine backlog: health, ai-alignment, space-dev, etc.)
- 117 decisions get source_archive backlinks
- 131 archive sources get derived_items forward links
- Linking pattern: frontmatter only, file paths as identifiers (Ganymede Option A)

Script: reconcile-sources.py (proposal hash matching + entity name matching)

Co-Authored-By: Epimetheus <noreply@pentagon.ai>
2026-03-27 13:40:24 +00:00

1.2 KiB

type entity_type name domain status founded platform tracked_by created key_metrics source_archive
entity company Open Music internet-finance failed 2025 solana rio 2026-03-11
raise_target total_committed raise_outcome launch_date close_date oversubscription_ratio
$250,000 $27,533 refunded 2026-03-03 2026-03-04 0.11
inbox/archive/2026-03-03-futardio-launch-open-music.md

Open Music

Artist-first music streaming platform built on Solana that attempted to replace Spotify's pro-rata pool model with direct fan-to-artist payments. Raised through Futardio but failed to reach funding target and refunded backers.

Timeline

  • 2026-03-03 — Launched $250K raise on Futardio with direct payment model where subscriber payments go only to artists they listen to
  • 2026-03-04 — Raise closed at $27,533 (11% of target), status: refunding

Relationship to KB

  • futardio — fundraising platform
  • Example of futarchy-governed raise that failed to attract sufficient capital despite novel value proposition
  • Demonstrates market validation function: direct payment model did not attract enough early supporters to reach minimum viable funding