f371778d65
- Source: inbox/archive/2026-02-25-futardio-launch-fancy-cats.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
33 lines
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2 KiB
Markdown
33 lines
No EOL
2 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Fancy Cats"
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domain: internet-finance
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status: failed
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website: "https://meow.aol"
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founded: 2026-02-25
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key_metrics:
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funding_target: "$100"
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launch_platform: "Futardio"
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token_symbol: "5ea"
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token_mint: "5eaktMQvr6PGNaLkRNjjJFgWP33ANfCbUEQDMVgQmeta"
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launch_address: "53ppyvNpFw8n1snUNz6KqRYXxxqFEXnDrnKb4ippX8Sy"
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platform_version: "v0.7"
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tracked_by: rio
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created: 2026-03-11
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---
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# Fancy Cats
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**AI companion protocol that attempted to raise through MetaDAO's unruggable ICO structure but failed to meet minimum funding threshold.**
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Fancy Cats positioned itself as "a first-of-its-kind AI companion protocol built on Solana" where each cat would be a trainable, evolving AI with collectible NFT mechanics and breeding functionality. The project explicitly chose MetaDAO's futarchy-governed ICO structure to align long-term incentives, citing the need for accountability in a product "designed to last a lifetime." However, the launch set an unusually low $100 funding target and immediately went to REFUNDING status on the same day it launched, suggesting either a test deployment or complete failure to attract capital.
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## Timeline
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- **2026-02-25** — Launched ICO on Futardio with $100 funding target, DAO LLC structure, futarchy-governed treasury, and performance-vested founder tokens
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- **2026-02-25** — Launch closed and entered REFUNDING status same day, indicating failed minimum raise or test deployment
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## Relationship to KB
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- [[futardio]] — launch platform
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- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — demonstrates full unruggable ICO structure
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- [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility]] — example of failed launch creating potential reputational noise |