teleo-codex/inbox/archive/2026-03-05-futardio-launch-torch-market.md

type	title	author	url	date	domain	format	status	tags	event_type	processed_by	processed_date	extraction_model	extraction_notes
source	Futardio: Torch Market fundraise goes live	futard.io	https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD	2026-03-05	internet-finance	data	processed	futardio metadao futarchy solana	launch	rio	2026-03-11	anthropic/claude-sonnet-4.5	Source is a Futardio launch page for Torch Market fundraise. Created entity pages for Torch Market (company) and the fundraise decision market. No novel claims extracted - this is primarily factual data about a failed fundraise. The project had technical merit (formal verification, agent integration) but failed to attract capital in 1 day, which is notable but not claim-worthy without additional context about why it failed or comparison to other launches.

Launch Details

• Project: Torch Market
• Description: Torch Market - where your money does more. swap, lend, liquidate, earn, all from one protocol, all on chain. built for human and agent users. formally verified and live on devnet/mainnet.
• Funding target: $75,000.00
• Total committed: N/A
• Status: Refunding
• Launch date: 2026-03-05
• URL: https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD

Team / Description

Torch Market

torch.market - frontend using the torchsdk, live on devnet/mainnet x - torch market x social whitepaper - torch whitepaper formal verification - 48/48 kani proof harnesses formally verify the math behind torch.market clawhub - almost 4k downloads on the torch market clawhub agent skill npm - torch market developer kit. no api, no middlemen. powers the torch.market frontend and clawhub skill. github - all open source repositories across torch.market audit - torch market program audit

overview

torch.market is a new take on what a launchpad can be. it combines a few primitives on top of spl token2022 to enable new governance and defi abilities, all within one protocol. the protocol is designed to be non extractive by design and community driven. all economic actions, positive or negative, flow back to the community in some way. good creators get rewarded and active users get paid by the protocol every epoch, with 2+ sol volume to qualify. migration to dex is permissionless and fully funded by each token treasury.

roadmap

torch.market is live on devnet/mainnet and has been extensively tested both on surfpool local validator. current version is 3.7.10. it has also received user feedback and iterated. at this point, the roadmap includes minor updates to the program and marketing. I will use the funds primarily for marketing and to hire a marketing team. I already have over 1k follower on x and am active in a couple different solana hackathons.

breakdown for each month (6 month runway)
  infra - helius rpc = ~500/1500 USD
  frontend deployment = ~40 USD
  founder = ~3000 USD
  marketing = ~2000 USD
  marketing team (2) = ~6000 USD
  progam = 0 USD
  
additional funds (flat)
  funds to bond a new token on mainnet - 1 token = 50 sol
  
total: 69k-70k + flat 5k = 70k-75k total

Links

• Website: https://torch.market/
• Twitter: https://torch.market/terms

Raw Data

• Launch address: 5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD
• Token: 5pF (5pF)
• Token mint: 5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta
• Version: v0.7
• Closed: 2026-03-06

Key Facts

• Torch Market achieved 48/48 kani proof harnesses for formal verification
• Torch Market Clawhub agent skill had ~4K downloads
• Torch Market deployed to devnet/mainnet at version 3.7.10
• Torch Market fundraise sought $75K with breakdown: $6K/month marketing team (2 people), $3K/month founder, $2K/month marketing, ~$500-1500/month infrastructure