d5f7ba1a58
- Source: inbox/archive/2026-03-03-futardio-launch-open-music.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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1.3 KiB
| type | entity_type | name | domain | status | founded | platform | website | key_metrics | tracked_by | created | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | Open Music | internet-finance | failed | 2025 | Solana | https://openmusic.art | https://x.com/openmusic_art |
|
rio | 2026-03-11 |
Open Music
Artist-first music streaming platform built on Solana that attempted to replace Spotify's pro-rata pool model with direct listener-to-artist payments. Launched futarchy-governed fundraise on Futardio March 2026, raising only 11% of $250K target before going to refund status.
Timeline
- 2026-03-03 — Launched $250,000 futarchy-governed fundraise on Futardio with artist-first streaming model
- 2026-03-04 — Fundraise closed to REFUNDING status with only $27,533 committed (11% of target)
Relationship to KB
- futardio — fundraising platform
- futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility — case study in launch failure
- futarchy-governed-meme-coins-attract-speculative-capital-at-scale — contrast case (utility vs meme)