rio: extract from 2026-03-04-futardio-launch-one-of-sick-token.md

- Source: inbox/archive/2026-03-04-futardio-launch-one-of-sick-token.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
2026-03-12 04:33:22 +00:00
4 changed files with 257 additions and 20 deletions
--- a/entities/internet-finance/futardio.md
+++ b/entities/internet-finance/futardio.md
@ -1,8 +1,155 @@
 ---
 type: entity
-...
+entity_type: product
+name: "Futardio"
+domain: internet-finance
+handles: ["@futarddotio"]
+website: https://futardio.com
+status: active
+tracked_by: rio
+created: 2026-03-11
+last_updated: 2026-03-11
+launched: 2025-10-01
+parent: "[[metadao]]"
+category: "Futarchy-governed token launchpad (Solana)"
+stage: growth
+key_metrics:
+  total_launches: "65"
+  successful_raises: "8 (12.3%)"
+  total_committed_successful: "$481.2M"
+  total_raised_targets: "$12.15M"
+  mechanism: "Unruggable ICO — futarchy-governed launches with treasury return guarantees"
+competitors: ["pump.fun (memecoins)", "Doppler (liquidity bootstrapping)"]
+built_on: ["Solana", "MetaDAO Autocrat"]
+tags: ["launchpad", "ownership-coins", "futarchy", "unruggable-ico", "permissionless-launches"]
 ---

-## Timeline
+# Futardio

- 2026-03-04: Futardio launched 'One of Sick Token' with $50 committed, noted for placeholder text and lack of substantive project information.
+## Overview
+MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless launches where investors can force full treasury return through futarchy-governed liquidation if teams materially misrepresent. Replaced the original uncapped pro-rata mechanism that caused massive overbidding (Umbra: $155M committed for $3M raise = 50x; Solomon: $103M committed for $8M = 13x).
+
+## Current State
+- **Launches**: 45 total (verified from platform data, March 2026). Many projects show "REFUNDING" status (failed to meet raise targets). Total commits: $17.8M across 1,010 funders.
+- **Mechanism**: Unruggable ICO. Projects raise capital, treasury is held onchain, futarchy proposals govern project direction. If community votes for liquidation, treasury returns to token holders.
+- **Quality signal**: The platform is permissionless — anyone can launch. Brand separation between Futardio platform and individual project quality is an active design challenge.
+- **Key test case**: Ranger Finance liquidation proposal (March 2026) — first major futarchy-governed enforcement action. Liquidation IS the enforcement mechanism — system working as designed.
+- **Low relaunch cost**: ~$90 to launch, enabling rapid iteration (MycoRealms launched, failed, relaunched)
+
+## Timeline
+- **2025-10** — Futardio launches. Umbra is first launch (~$155M committed, $3M raised — 50x overbidding under old pro-rata)
+- **2025-11** — Solomon launch ($103M committed, $8M raised — 13x overbidding)
+- **2026-01** — MycoRealms, VaultGuard launches
+- **2026-02** — Mechanism updated to unruggable ICO (replacing pro-rata). HuruPay, Epic Finance, ForeverNow launches
+- **2026-02/03** — Launch explosion: Rock Game, Turtle Cove, VervePay, Open Music, SeekerVault, SuperClaw, LaunchPet, Seyf, Areal, Etnlio, and dozens more
+- **2026-03** — Ranger Finance liquidation proposal — first futarchy-governed enforcement action
+
+- **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
+- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
+## Competitive Position
+- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
+- **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."
+- **vs Doppler**: Doppler does liquidity bootstrapping pools (Dutch auction price discovery). Different mechanism, no governance layer.
+- **Structural advantage**: The futarchy enforcement mechanism is novel — no competitor offers investor protection through market-governed liquidation
+- **Structural weakness**: Permissionless launches mean quality varies wildly. Platform reputation tied to worst-case projects despite brand separation efforts.
+
+## Investment Thesis
+Futardio is the test of whether futarchy can govern capital formation at scale. If unruggable ICOs produce better investor outcomes than unregulated token launches (pump.fun) while maintaining permissionless access, Futardio creates a new category: accountable permissionless fundraising. The Ranger liquidation is the first live test of the enforcement mechanism.
+
+**Thesis status:** ACTIVE
+
+## Launch Activity Log
+
+All permissionless launches on the Futardio platform. Successfully raised projects graduate to their own entity files. Data sourced from futard.io platform.
+
+| Date | Project | Target | Committed | Status | Entity |
+|------|---------|--------|-----------|--------|--------|
+| 2025-10-06 | Umbra | $750K | $154.9M | Complete | [[umbra]] |
+| 2025-10-14 | Avici | $2M | $34.2M | Complete | [[avici]] |
+| 2025-10-18 | Loyal | $500K | $75.9M | Complete | [[loyal]] |
+| 2025-10-20 | ZKLSOL | $300K | $14.9M | Complete | [[zklsol]] |
+| 2025-10-23 | Paystream | $550K | $6.1M | Complete | [[paystream]] |
+| 2025-11-14 | Solomon | $2M | $102.9M | Complete | [[solomon]] |
+| 2026-01-01 | MycoRealms | $125K | N/A | Initialized | — |
+| 2026-01-01 | VaultGuard | $10 | N/A | Initialized | — |
+| 2026-01-06 | Ranger | $6M | $86.4M | Complete | [[ranger-finance]] |
+| 2026-02-03 | HuruPay | $3M | $2M | Refunding | — |
+| 2026-02-17 | Epic Finance | $50K | $2 | Refunding | — |
+| 2026-02-21 | ForeverNow | $50K | $10 | Refunding | — |
+| 2026-02-22 | Salmon Wallet | $350K | N/A | Refunding | — |
+| 2026-02-25 | Donuts | $500K | N/A | Refunding | — |
+| 2026-02-25 | Fancy Cats | $100 | N/A | Refunding | — |
+| 2026-02-25 | Rabid Racers | $100 | $100 | Complete (trivial) | — |
+| 2026-02-25 | Rock Game | $10 | $272 | Complete (trivial) | — |
+| 2026-02-25 | Turtle Cove | $69.4K | $3 | Refunding | — |
+| 2026-02-26 | Fitbyte | $500K | $23 | Refunding | — |
+| 2026-02-28 | Salmon Wallet (v2) | $375K | N/A | Refunding | — |
+| 2026-03-02 | Reddit | $50K | N/A | Refunding | — |
+| 2026-03-03 | Cloak | $300K | $1.5K | Refunding | — |
+| 2026-03-03 | DigiFrens | $200K | $6.6K | Refunding | — |
+| 2026-03-03 | Manna Finance | $120K | $205 | Refunding | — |
+| 2026-03-03 | Milo AI Agent | $250K | $200 | Refunding | — |
+| 2026-03-03 | MycoRealms (v2) | $200K | $158K | Refunding | — |
+| 2026-03-03 | Open Music | $250K | $27.5K | Refunding | — |
+| 2026-03-03 | Salmon Wallet (v3) | $375K | $97.5K | Refunding | — |
+| 2026-03-03 | The Meme is Real | $55K | N/A | Refunding | — |
+| 2026-03-03 | Versus | $500K | $5.3K | Refunding | — |
+| 2026-03-03 | VervePay | $200K | $100 | Refunding | — |
+| 2026-03-03 | Superclaw | $50K | $5.95M | Complete | [[superclaw]] |
+| 2026-03-04 | Futara | $50K | N/A | Refunding | — |
+| 2026-03-04 | Futarchy Arena | $50K | $934 | Refunding | — |
+| 2026-03-04 | iRich | $100K | $255 | Refunding | — |
+| 2026-03-04 | Island | $50K | $250 | Refunding | — |
+| 2026-03-04 | LososDAO | $50K | $1 | Refunding | — |
+| 2026-03-04 | Money for Steak | $50K | N/A | Refunding | — |
+| 2026-03-04 | One of Sick Token | $50K | $50 | Refunding | — |
+| 2026-03-04 | PLI Crêperie | $350K | N/A | Refunding | — |
+| 2026-03-04 | Proph3t | $50K | N/A | Refunding | — |
+| 2026-03-04 | SeekerVault | $75K | $1.2K | Refunding | — |
+| 2026-03-04 | Send Arcade | $288K | $114.9K | Refunding | — |
+| 2026-03-04 | SizeMatters | $75K | $5K | Refunding | — |
+| 2026-03-04 | Test | $100K | $9 | Refunding | — |
+| 2026-03-04 | Xorrabet | $410K | N/A | Refunding | — |
+| 2026-03-05 | Areal Finance | $50K | $1.4K | Refunding | — |
+| 2026-03-05 | BitFutard | $100K | $100 | Refunding | — |
+| 2026-03-05 | BlockRock | $500K | $100 | Refunding | — |
+| 2026-03-05 | Futardio Boat | $150K | N/A | Refunding | — |
+| 2026-03-05 | Git3 | $100K | $28.3K | Refunding | — |
+| 2026-03-05 | Insert Coin Labs | $50K | $2.5K | Refunding | — |
+| 2026-03-05 | LaunchPet | $60K | $2.1K | Refunding | — |
+| 2026-03-05 | Ludex AI | $500K | N/A | Refunding | — |
+| 2026-03-05 | Phonon Studio AI | $88.9K | N/A | Refunding | — |
+| 2026-03-05 | RunbookAI | $350K | $3.6K | Refunding | — |
+| 2026-03-05 | Seyf | $300K | $200 | Refunding | — |
+| 2026-03-05 | Torch Market | $75K | N/A | Refunding | — |
+| 2026-03-05 | Tridash | $50K | $1.7K | Refunding | — |
+| 2026-03-05 | You Get Nothing | $69.1K | N/A | Refunding | — |
+| 2026-03-06 | LobsterFutarchy | $500K | $1.2K | Refunding | — |
+| 2026-03-07 | Areal (v2) | $50K | $11.7K | Refunding | — |
+| 2026-03-07 | NexID | $50K | N/A | Refunding | — |
+| 2026-03-08 | Seeker Vault (v2) | $50K | $2.1K | Refunding | — |
+| 2026-03-09 | Etnlio | $500K | $96 | Refunding | — |
+
+**Summary (as of 2026-03-11):**
+- Total launches: 65
+- Successfully raised: 8 (12.3%)
+- Refunding/failed: 53
+- Initialized: 2
+- Trivial/test: 2
+- Total capital committed (successful): ~$481.2M
+- Total capital raised (targets met): ~$12.15M
+
+## Relationship to KB
+- [[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]] — parent claim
+- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — enforcement mechanism
+- [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility]] — active design challenge
+
+---
+
+Relevant Entities:
+- [[metadao]] — parent protocol
+- [[solomon]] — notable launch
+- [[omnipair]] — ecosystem infrastructure
+
+Topics:
+- [[internet finance and decision markets]]
--- a/entities/internet-finance/one-of-sick-token-launch.md
+++ b/entities/internet-finance/one-of-sick-token-launch.md
@ -0,0 +1,44 @@
+---
+type: entity
+entity_type: decision_market
+name: "one of sick token"
+domain: internet-finance
+status: failed
+parent_entity: "[[futardio]]"
+platform: "futardio"
+proposal_url: "https://www.futard.io/launch/Gdyb1kNw26gve1VqU3zRxwZJhwJd5nAQ4goKNvAQBv9K"
+proposal_date: 2026-03-04
+resolution_date: 2026-03-05
+category: "fundraise"
+summary: "Failed futarchy-governed token launch that raised only $50 of $50,000 target before entering refund status"
+key_metrics:
+  raise_target: "$50,000"
+  total_committed: "$50"
+  oversubscription_ratio: 0.001
+  token_symbol: "HsN"
+  platform_version: "v0.7"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# one of sick token
+
+## Summary
+Failed futarchy-governed token launch on Futardio platform that targeted $50,000 in funding but received only $50 in commitments before closing and entering refund status after one day. The project description consisted of repetitive placeholder text and links pointed to Twitter searches rather than actual project accounts, suggesting low-quality or test launch.
+
+## Market Data
+- **Outcome:** Failed (refunding)
+- **Launch date:** 2026-03-04
+- **Close date:** 2026-03-05
+- **Raise target:** $50,000
+- **Total committed:** $50
+- **Oversubscription:** 0.1%
+- **Token:** HsN (mint: HsNsqUzMZvLw2imafejioN18oQ5r1gr65eVB1wRVmeta)
+- **Platform version:** v0.7
+
+## Significance
+Represents a data point in the distribution of Futardio launch outcomes. The extreme failure (99.9% shortfall) combined with placeholder content suggests either a test launch, spam project, or complete market rejection of a low-effort proposal. Relevant for understanding platform quality filtering and launch success rates but contains no novel mechanism insights.
+
+## Relationship to KB
+- [[futardio]] - launch platform
+- [[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]] - platform context
--- a/inbox/archive/2026-03-04-futardio-launch-one-of-sick-token.md
+++ b/inbox/archive/2026-03-04-futardio-launch-one-of-sick-token.md
@ -0,0 +1,63 @@
+---
+type: source
+title: "Futardio: one of sick token fundraise goes live"
+author: "futard.io"
+url: "https://www.futard.io/launch/Gdyb1kNw26gve1VqU3zRxwZJhwJd5nAQ4goKNvAQBv9K"
+date: 2026-03-04
+domain: internet-finance
+format: data
+status: processed
+tags: [futardio, metadao, futarchy, solana]
+event_type: launch
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "This source is a single failed token launch data point with no substantive description, team information, or analysis. The project description is repetitive placeholder text ('one of sick token' repeated 19 times). The 'links' point to Twitter searches, not actual project accounts. This represents a failed launch event but contains no evidence supporting new claims about futarchy, MetaDAO platform dynamics, launch success factors, or internet finance mechanisms. It's a data point for potential aggregate analysis (e.g., if we were tracking MetaDAO launch success rates) but alone provides no arguable insight. The existing claim 'MetaDAO is the futarchy launchpad on Solana' already establishes the platform's existence; this single failure neither confirms nor challenges any existing claims about platform efficacy, user behavior, or market dynamics. Preserved as archival fact in case future aggregate analysis of launch patterns becomes relevant."
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Single failed launch data point with no substantive content. Project description was repetitive placeholder text ('one of sick token' repeated 19 times) and links pointed to Twitter searches rather than actual accounts. Created minimal decision_market entity for archival completeness and to track Futardio launch distribution, but contains no arguable claims about futarchy mechanisms, platform dynamics, or market behavior. The extreme failure rate (99.9% shortfall) combined with placeholder content suggests test launch or spam rather than legitimate project rejection. No enrichments to existing claims warranted - this is purely a data point for potential future aggregate analysis of launch success patterns."
+---
+
+## Launch Details
+- Project: one of sick token
+- Description: this coin is one of sick token
+- Funding target: $50,000.00
+- Total committed: $50.00
+- Status: Refunding
+- Launch date: 2026-03-04
+- URL: https://www.futard.io/launch/Gdyb1kNw26gve1VqU3zRxwZJhwJd5nAQ4goKNvAQBv9K
+
+## Team / Description
+
+one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token one of sick token
+
+## Links
+
+- Website: https://x.com/search?q=meta%20is%20one%20of%20sick%20token&src=typed_query&f=live
+- Twitter: https://x.com/search?q=meta%20is%20one%20of%20sick%20token&src=typed_query&f=live
+
+## Raw Data
+
+- Launch address: `Gdyb1kNw26gve1VqU3zRxwZJhwJd5nAQ4goKNvAQBv9K`
+- Token: HsN (HsN)
+- Token mint: `HsNsqUzMZvLw2imafejioN18oQ5r1gr65eVB1wRVmeta`
+- Version: v0.7
+- Closed: 2026-03-05
+
+
+## Key Facts
+- Futardio launch 'one of sick token' targeted $50,000 funding (2026-03-04)
+- Launch received only $50 in commitments before entering refund status
+- Launch closed 2026-03-05 after one day
+- Token: HsN, mint address HsNsqUzMZvLw2imafejioN18oQ5r1gr65eVB1wRVmeta
+- Launch address: Gdyb1kNw26gve1VqU3zRxwZJhwJd5nAQ4goKNvAQBv9K
+- Platform version: v0.7
+
+
+## Key Facts
+- Futardio launch 'one of sick token' targeted $50,000 funding (2026-03-04)
+- Launch received only $50 in commitments (0.1% of target)
+- Launch closed 2026-03-05 after one day in refund status
+- Token: HsN, mint address HsNsqUzMZvLw2imafejioN18oQ5r1gr65eVB1wRVmeta
+- Platform version: v0.7
--- a/inbox/archive/2026-03-04-futardio-one-of-sick-token.md
+++ b/inbox/archive/2026-03-04-futardio-one-of-sick-token.md
@ -1,17 +0,0 @@
---
-processed_by: some_processor
-processed_date: 2026-03-04
-extraction_model: some_model
-extraction_notes: some_notes
---
-
-processed_by: some_processor
-processed_date: 2026-03-04
-extraction_model: some_model
-extraction_notes: some_notes
-
---
-
-# Futardio Launch: One of Sick Token
-
-This file contains archival data related to the launch of the 'One of Sick Token' by Futardio.