dd452d8608
- Source: inbox/archive/2026-03-09-futardio-launch-etnlio.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
34 lines
1.8 KiB
Markdown
34 lines
1.8 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Etnl.io"
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domain: internet-finance
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status: failed
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founded: 2026
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website: "https://etnl.io"
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social:
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twitter: "https://x.com/etnl_io"
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telegram: "https://t.me/etnlio"
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key_metrics:
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futardio_raise_target: "$500,000"
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futardio_raise_committed: "$96"
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team_monthly_budget: "$30,000"
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tracked_by: rio
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created: 2026-03-11
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---
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# Etnl.io
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Etnl.io is a mobile wallet project focused on hardware-level security through smartphone Secure Enclave integration. The project attempted to raise $500,000 through Futardio's futarchy-governed ICO platform in March 2026 but failed to attract capital, raising only $96 before entering refund status. This represents the first documented complete failure on the Futardio platform with full project documentation.
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## Timeline
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- **2026-03-09** — Futardio raise launched: $500,000 target, Secure Enclave-based mobile wallet product, $30K/month team budget
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- **2026-03-10** — Raise failed with $96 committed (0.019% of target), entered refund status
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## Product
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ETNL proposed a mobile wallet architecture that generates and stores cryptographic keys entirely within the device's Secure Enclave, eliminating seed phrase exposure and external hardware requirements. The product targeted crypto-native users seeking hardware-grade security without separate devices.
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## Relationship to KB
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- [[futardio]] — failed raise on platform
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- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — empirical evidence of adoption barriers
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- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — challenges platform viability claims
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