- Source: inbox/archive/2026-03-05-futardio-launch-git3.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
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2.1 KiB
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53 lines
No EOL
2.1 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "Git3: Futardio Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[git3]]"
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platform: "futardio"
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proposal_url: "https://www.futard.io/launch/HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
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proposal_date: 2026-03-05
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resolution_date: 2026-03-06
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category: "fundraise"
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summary: "Git3 attempted to raise $100K for on-chain Git infrastructure through futarchy-governed launch"
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key_metrics:
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funding_target: "$100,000"
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total_committed: "$28,266"
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completion_rate: "28.3%"
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launch_token: "6VT"
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token_mint: "6VTMeDtrtimh2988dhfYi2rMEDVdYzuHoSgERUmdmeta"
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launch_address: "HKRDmghovXSCMobiRCZ7BBdHopEizyKmnhJKywjk3vUa"
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tracked_by: rio
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created: 2026-03-11
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---
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# Git3: Futardio Fundraise
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## Summary
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Git3 launched a futarchy-governed fundraise on Futardio targeting $100,000 to build on-chain Git infrastructure with permanent storage on Irys blockchain, repository NFTs, and x402 protocol monetization. The raise closed in refunding status after one day with only 28.3% of target committed.
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## Market Data
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- **Outcome:** Failed (refunding)
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- **Target:** $100,000
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- **Committed:** $28,266 (28.3%)
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- **Duration:** 1 day (2026-03-05 to 2026-03-06)
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- **Token:** 6VT
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## Significance
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This represents a test case for futarchy-governed fundraising in developer infrastructure. The low completion rate (28.3%) suggests either:
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1. Market skepticism about on-chain Git value proposition
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2. Insufficient liquidity/attention for developer tools on futarchy platforms
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3. Timing or execution issues in the launch
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The project had a complete technical roadmap (MVP live, 3-phase development plan) and clear revenue model (creator fees, protocol fees, agent royalties), but failed to attract sufficient capital commitment through the futarchy mechanism.
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## Relationship to KB
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- [[git3]] — parent entity
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- [[futardio]] — fundraising platform
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- [[MetaDAO]] — futarchy governance infrastructure
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- Relevant to [[futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability-because-failed-projects-on-a-curated-platform-damage-the-platforms-credibility]] |