teleo-codex/entities/internet-finance/torch-market-futardio-fundraise.md
Teleo Agents e27c0b1b0a rio: extract from 2026-03-05-futardio-launch-torch-market.md
- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 11:09:29 +00:00

1.9 KiB

type entity_type name domain status parent_entity platform proposer proposal_url proposal_date resolution_date category summary funding_target token token_mint tracked_by created
entity decision_market Torch Market: Futardio Fundraise internet-finance failed torch-market futardio mrsirg97-rgb https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD 2026-03-05 2026-03-06 fundraise Torch Market sought $75K for 6-month runway to fund marketing team and infrastructure for formally verified DeFi protocol $75,000 5pF 5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta rio 2026-03-11

Torch Market: Futardio Fundraise

Summary

Torch Market launched a futarchy-governed fundraise on Futardio seeking $75,000 to fund a 6-month runway. The funds were allocated primarily to marketing team hiring ($6K/month for 2 people), founder salary ($3K/month), marketing budget ($2K/month), and infrastructure costs. The protocol had already achieved formal verification (48/48 kani proofs), ~4K downloads on Clawhub agent skill, and deployment to devnet/mainnet at version 3.7.10.

Market Data

  • Outcome: Failed (Refunding status)
  • Proposer: mrsirg97-rgb
  • Funding Target: $75,000
  • Duration: 1 day (2026-03-05 to 2026-03-06)
  • Token: 5pF

Significance

This represents a formally verified DeFi protocol attempting to raise growth capital through futarchy markets. The project had substantial technical development complete (formal verification, agent integration, mainnet deployment) but failed to attract capital commitment. The rapid closure (1 day) and refunding status suggests either insufficient market interest or pricing/mechanism issues in the futarchy launch structure.

Relationship to KB

  • torch-market — parent entity
  • futardio — fundraising platform
  • MetaDAO — underlying futarchy infrastructure
  • Demonstrates futarchy-governed fundraise for technical infrastructure project