- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
37 lines
1.5 KiB
Markdown
37 lines
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "FitByte"
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domain: internet-finance
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status: failed
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founded: 2026
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platform: "Solana"
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parent_platform: "[[metadao]]"
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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raise_target: "$500,000"
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total_committed: "$23"
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launch_date: "2026-02-26"
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close_date: "2026-02-27"
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outcome: "refunding"
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token_symbol: "6GF"
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---
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# FitByte
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Health and fitness protocol on Solana that proposed workout-to-earn mechanics combined with user-owned health data monetization. Launched through MetaDAO's futarchy-governed ICO platform seeking $500K but attracted only $23 in commitments before entering refund status after one day.
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The project positioned itself as solving both the sustainability problem of move-to-earn protocols (by grounding rewards in verifiable physical activity) and the health data exploitation problem (by giving users sovereign ownership and monetization rights over their biometric data).
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## Timeline
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- **2026-02-26** — Launched futarchy-governed fundraise on Futardio targeting $500K for health data sovereignty protocol
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- **2026-02-27** — Fundraise closed in refunding status with $23 total committed (0.0046% of target)
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## Relationship to KB
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- [[metadao]] — launched through MetaDAO's unruggable ICO platform
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- [[futardio]] — fundraising platform used
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- Represents a failed test of futarchy-governed fundraising for consumer health applications
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- Demonstrates market rejection despite alignment with stated crypto values (data sovereignty, user ownership)
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