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teleo-codex/entities/internet-finance/fitbyte.md
Teleo Agents df8d2740f0 rio: extract from 2026-02-26-futardio-launch-fitbyte.md 
- Source: inbox/archive/2026-02-26-futardio-launch-fitbyte.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 11:06:20 +00:00

1.6 KiB
Raw Blame History

type entity_type name domain status parent_entity platform founded tracked_by created key_metrics
entity company FitByte internet-finance failed futardio futardio 2026 rio 2026-03-11
funding_target total_committed launch_date close_date outcome token_symbol
$500,000 $23 2026-02-26 2026-02-27 refunding 6GF

FitByte

FitByte was a health and fitness protocol on Solana that attempted to combine workout-to-earn mechanics with health data sovereignty and a marketplace for selling user health data to researchers. The project raised through MetaDAO's Futardio platform but failed to attract meaningful capital, closing with only $23 committed against a $500,000 target.

Timeline

  • 2026-02-26 — Launched fundraise on Futardio targeting $500,000 for health data sovereignty protocol
  • 2026-02-27 — Fundraise closed in refunding status with only $23 committed (0.0046% of target)

Relationship to KB

  • futardio — launch platform
  • MetaDAO — parent organization providing unruggable ICO infrastructure

FitByte represents a failed attempt to apply futarchy-governed fundraising to the health data market. The project's value proposition combined four elements: workout-to-earn token rewards, user-owned health data, paid data sharing for clinical research, and broader health ecosystem integration. Despite positioning itself as addressing a "hundreds of billions" dollar health data market and choosing MetaDAO's structure for alignment with data sovereignty principles, the project failed to attract investor interest.