--- type: entity entity_type: decision_market name: "Futardio: 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 Futardio launch that raised only $50 of $50,000 target before entering refund status" key_metrics: funding_target: "$50,000" total_committed: "$50" commitment_ratio: "0.001" duration_days: 1 token_symbol: "HsN" tracked_by: rio created: 2026-03-11 --- # Futardio: one of sick token ## Summary A Futardio token launch 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 linked to Twitter searches rather than actual project accounts. ## Market Data - **Outcome:** Failed (refunding) - **Funding Target:** $50,000 - **Total Committed:** $50 (0.1% of target) - **Launch Date:** 2026-03-04 - **Close Date:** 2026-03-05 - **Token:** HsN (mint: HsNsqUzMZvLw2imafejioN18oQ5r1gr65eVB1wRVmeta) - **Platform Version:** v0.7 ## Significance Represents a data point in Futardio launch outcomes showing the platform's refund mechanism functioning as designed when projects fail to attract meaningful capital commitment. The project's placeholder content and lack of substantive information demonstrates the permissionless nature of the platform while the minimal commitment shows market filtering of low-quality launches. ## Relationship to KB - [[futardio]] - failed launch on 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]] - demonstrates refund mechanism