diff --git a/entities/internet-finance/epic-finance-futardio-fundraise.md b/entities/internet-finance/epic-finance-futardio-fundraise.md new file mode 100644 index 00000000..5d1226e4 --- /dev/null +++ b/entities/internet-finance/epic-finance-futardio-fundraise.md @@ -0,0 +1,47 @@ +--- +type: entity +entity_type: decision_market +name: "Epic Finance: Futardio Fundraise" +domain: internet-finance +status: failed +parent_entity: "[[futardio]]" +platform: "futardio" +proposal_url: "https://www.futard.io/launch/2n4GG73NrvpmZCeZ3SPSUwzfWv1MyLSDBc29tRwUccPP" +proposal_date: 2026-02-17 +resolution_date: 2026-02-18 +category: "fundraise" +summary: "Epic Finance futarchy launch on Futardio targeting $50K failed with only $2 raised before entering refund status" +key_metrics: + raise_target: "$50,000" + total_committed: "$2" + token_symbol: "9Ta" + token_mint: "9Ta7jjn8Zmyy2QX5ACCUuFaC4Tu8twQj4oAL7ybc3ftd" + launch_address: "2n4GG73NrvpmZCeZ3SPSUwzfWv1MyLSDBc29tRwUccPP" + platform_version: "v0.7" +tracked_by: rio +created: 2026-03-11 +--- + +# Epic Finance: Futardio Fundraise + +## Summary +Epic Finance attempted a futarchy-governed fundraise on Futardio targeting $50,000 but raised only $2 before the launch closed and entered refunding status within 24 hours. The project description ("Epically financial") and team section contained placeholder text ("We Mark Down / The markdown. I need some help with AI."), suggesting minimal preparation or potentially a test launch. + +## Market Data +- **Outcome:** Failed (Refunding) +- **Raise Target:** $50,000.00 +- **Total Committed:** $2.00 +- **Launch Date:** 2026-02-17 +- **Closed Date:** 2026-02-18 +- **Token:** 9Ta (mint: 9Ta7jjn8Zmyy2QX5ACCUuFaC4Tu8twQj4oAL7ybc3ftd) +- **Platform Version:** v0.7 + +## Significance +This launch represents a data point in the distribution of futarchy launch outcomes on Futardio. The 0.004% funding rate ($2 of $50K target) and placeholder team description suggest either a non-serious launch attempt or abandoned project. This contrasts sharply with successful launches like CULT ($11.4M raised) and provides evidence for the high variance in futarchy-governed fundraising outcomes. + +The immediate failure and refund status demonstrates the platform's unruggable ICO mechanism functioning as designed—investors can exit when projects fail to meet minimum viability thresholds. + +## Relationship to KB +- [[futardio]] — platform hosting this launch +- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — contrasts with successful launches +- [[futarchy-variance-creates-portfolio-problem-because-mechanism-selects-both-top-performers-and-worst-performers-simultaneously]] — data point for variance analysis diff --git a/inbox/archive/2026-02-17-futardio-launch-epic-finance.md b/inbox/archive/2026-02-17-futardio-launch-epic-finance.md index d6bcdd39..991bb203 100644 --- a/inbox/archive/2026-02-17-futardio-launch-epic-finance.md +++ b/inbox/archive/2026-02-17-futardio-launch-epic-finance.md @@ -6,13 +6,17 @@ url: "https://www.futard.io/launch/2n4GG73NrvpmZCeZ3SPSUwzfWv1MyLSDBc29tRwUccPP" date: 2026-02-17 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana] event_type: launch processed_by: rio processed_date: 2026-02-17 extraction_model: "anthropic/claude-sonnet-4.5" extraction_notes: "This is a failed futarchy launch data point with no substantive content. The team description ('We Mark Down / The markdown. I need some help with AI.') is placeholder text. The launch raised only $2 against a $50k target and immediately went to refunding status. This is pure factual data about a failed launch event with no arguable claims, novel mechanisms, or insights about futarchy performance. The existing claim 'futarchy-governed-meme-coins-attract-speculative-capital-at-scale.md' already covers successful launches like CULT ($11.4M). This failed launch is a data point that could eventually enrich analysis of futarchy launch success rates, but alone provides no extractable claim. Preserved as archive reference for future meta-analysis of futarchy launch outcomes." +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Failed futarchy launch with trivial capital raised ($2 of $50K target). Created decision_market entity to document the launch outcome as a data point for futarchy variance analysis. No extractable claims—this is pure factual data about a failed launch event. The placeholder team description and immediate failure suggest either a test launch or abandoned project. Preserved as entity rather than ignored because it provides contrast data for the existing claim about futarchy variance and successful launches like CULT." --- ## Launch Details @@ -50,3 +54,11 @@ The markdown. I need some help with AI. - Epic Finance launch address: 2n4GG73NrvpmZCeZ3SPSUwzfWv1MyLSDBc29tRwUccPP - Epic Finance token: 9Ta (mint: 9Ta7jjn8Zmyy2QX5ACCUuFaC4Tu8twQj4oAL7ybc3ftd) - Epic Finance launch closed 2026-02-18 in refunding status + + +## Key Facts +- Epic Finance futarchy launch on futard.io targeted $50,000 funding (2026-02-17) +- Epic Finance raised $2.00 total before entering refunding status (2026-02-18) +- Epic Finance launch address: 2n4GG73NrvpmZCeZ3SPSUwzfWv1MyLSDBc29tRwUccPP +- Epic Finance token: 9Ta (mint: 9Ta7jjn8Zmyy2QX5ACCUuFaC4Tu8twQj4oAL7ybc3ftd) +- Epic Finance team description contained placeholder text suggesting minimal preparation