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

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1.6 KiB
Markdown

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