teleo-codex/entities/internet-finance/cloak.md

type	entity_type	name	domain	status	founded	platform	key_metrics	tracked_by	created
entity	company	Cloak	internet-finance	failed	2026	solana	raise_target total_committed raise_outcome token_symbol ico_price fdv_at_launch total_supply ico_allocation liquidity_allocation team_allocation $300,000 $1,455 refunded 8RS $0.03 $477,000 15,900,000 10,000,000 (62.9%) 2,900,000 (18.2%) 3,000,000 (18.9%, performance-locked)	rio	2026-03-11

Cloak

Cloak is a privacy infrastructure protocol on Solana that enables private DCA (dollar-cost averaging) execution through ZK-proof privacy pools. The protocol routes trades through unlinkable session wallets to break the on-chain link between user wallets and trading strategies. Launched via Futardio fundraise on 2026-03-03, the raise failed to reach its $300K target and refunded all commitments.

Timeline

• 2026-03-03 — cloak-futardio-fundraise launched on Futardio with $300K target
• 2026-03-04 — Fundraise closed with only $1,455 committed (0.49% of target), triggering automatic refund

Relationship to KB

• futardio — launch platform
• MetaDAO — futarchy infrastructure provider
• Product demonstrated privacy.cash ZK-proof integration and Jupiter DEX routing
• Team allocation structure used performance-unlocked-team-tokens-with-price-multiple-triggers-and-twap-settlement-create-long-term-alignment-without-initial-dilution mechanism design