---
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