- 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>
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