--- type: entity entity_type: company name: "bankme" domain: internet-finance status: failed tracked_by: rio created: 2026-03-11 --- # bankme Token project that experienced catastrophic price crash immediately following launch, dropping 55% in 45 minutes. The crash serves as a comparison point for MetaDAO's futarchy-governed ICO protections, demonstrating the risk profile of launches without liquidation rights. ## Timeline - **2026-03** — Token launched and crashed 55% in 45 minutes (Pine Analytics) ## Relationship to KB - Contrast case for [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] - Demonstrates unprotected ICO risk outside [[metadao]] ecosystem