teleo-codex/decisions/internet-finance/tridash-futardio-fundraise.md
Teleo Agents 310d46bda4 auto-fix: strip 16 broken wiki links
Pipeline auto-fixer: removed [[ ]] brackets from links
that don't resolve to existing claims in the knowledge base.
2026-03-25 13:50:18 +00:00

177 lines
4.9 KiB
Markdown

---
type: decision
entity_type: decision_market
name: "TriDash: Futardio ICO Launch"
domain: internet-finance
status: failed
parent_entity: "tridash"
platform: "futardio"
proposer: "TriDash team"
proposal_url: "https://www.futard.io/launch/5jK8akFVVkM9JAJKps6M9eECCBoSLM7meR2Kf5Kc47f7"
proposal_date: 2026-03-05
resolution_date: 2026-03-06
category: "launch"
summary: "TriDash raised $1,740 of $50,000 target (3.5% fill rate) for a real-time prediction market game on Solana"
tracked_by: rio
created: 2026-03-24
---
# TriDash: Futardio ICO Launch
## Summary
TriDash attempted to raise $50,000 on Futardio to build a fast-paced prediction market game on Solana where players compete by predicting which of three assets will perform best over 60-second rounds. The raise attracted only $1,740 in commitments (3.5% of target), failing to meet the funding threshold and triggering refunds.
## Market Data
- **Outcome:** Failed (Refunding)
- **Total Committed:** $1,740
- **Funding Target:** $50,000
- **Fill Rate:** 3.5%
- **Duration:** 2026-03-05 to 2026-03-06
## Significance
TriDash represents an attempt to gamify prediction markets into short-duration competitive rounds, reducing resolution times from days to seconds. The failed raise suggests the Futardio platform struggles to attract capital even for modest $50K targets, and that gamified prediction market concepts without established traction face skepticism from futarchy-aligned investors.
## Relationship to KB
- tridash — parent entity
- [[metadao]] — ICO platform
## Full Proposal Text
*Source: futard.io, launched 2026-03-05*
# TriDash
**3 Assets. 60 Seconds. 1 Winner.**
TriDash is a fast-paced prediction market on Solana where players compete by predicting which asset will perform best over a 60-second round.
Each round selects three assets. Players bet on the asset they believe will outperform the others during the round. When the timer ends, the asset with the highest price movement wins and the reward pool is distributed to the winning bets.
Unlike traditional prediction markets that resolve in hours or days, TriDash resolves in seconds.
---
# How It Works
Each round runs through three phases.
**Observe**
Players watch price movement and prepare their strategy.
**Bet**
Players select the asset they believe will perform best.
**Resolve**
Price movements are calculated and the winning asset is determined. Winners receive the reward pool.
Rounds repeat continuously, creating a fast and competitive gameplay loop.
---
# Game Modes
TriDash supports two gameplay modes.
**Pool Mode**
Players bet against each other. Winners split the pool.
**House Mode**
Players bet against the protocol when only one side of a market is available. This ensures rounds can still run even when player liquidity is uneven during the early stages of the protocol.
---
# Why Now
Most prediction markets resolve slowly and are difficult for casual users to engage with.
TriDash focuses on:
- extremely short resolution times
- simple prediction mechanics
- continuous gameplay loops
- real-time market competition
The result is a prediction market that feels more like a fast multiplayer game.
---
# DAO Funding
This fundraise establishes the **TriDash DAO treasury**.
The treasury funds development, infrastructure, liquidity, and ecosystem growth for the protocol.
Funding priorities include:
- core gameplay and protocol development
- infrastructure and backend services
- bootstrapping gameplay liquidity
- community growth and partnerships
- independent smart contract security audits
---
# Revenue Model
TriDash generates revenue through gameplay activity including protocol fees and house edge.
Protocol revenue accrues to the **DAO treasury**.
Governance may allocate treasury funds toward:
- development and maintenance
- liquidity support
- ecosystem incentives
- token buybacks
---
# Use of Funds
Funding will accelerate development and bootstrap gameplay liquidity.
**Monthly Burn Estimate**
Development — ~$5,000 / month
Core protocol and gameplay development.
House Liquidity — ~$1,000 / month
Initial bootstrap liquidity for house-mode rounds during early stages. Liquidity expands as player pools and protocol revenue grow.
Infrastructure — ~$1,000 / month
RPC providers, backend services, indexing, hosting.
Growth & Community — ~$1,000 / month
Community incentives and partnerships.
**Total Monthly Burn**
~$8,000 / month
---
# Runway
The minimum raise provides approximately **5-6 months of runway**.
Additional funding will extend runway and accelerate development and ecosystem growth.
---
Website: https://tridash.xyz
## Links
- Website: https://www.tridash.xyz/
- Twitter: https://x.com/tridashgame
- Telegram: https://t.me/tridashgame
## Raw Data
- Launch address: `5jK8akFVVkM9JAJKps6M9eECCBoSLM7meR2Kf5Kc47f7`
- Token: P2v (P2v)
- Token mint: `P2vLq4msQViYT28eNYm9k7xGefR55zxtg5e5r1Bmeta`
- Version: v0.7
- Closed: 2026-03-06