dc3db012f0
- Source: inbox/archive/2026-02-17-futardio-launch-epic-finance.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
47 lines
2.4 KiB
Markdown
47 lines
2.4 KiB
Markdown
---
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type: entity
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entity_type: decision_market
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name: "Epic Finance: Futardio Fundraise"
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domain: internet-finance
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status: failed
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parent_entity: "[[futardio]]"
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platform: "futardio"
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proposal_url: "https://www.futard.io/launch/2n4GG73NrvpmZCeZ3SPSUwzfWv1MyLSDBc29tRwUccPP"
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proposal_date: 2026-02-17
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resolution_date: 2026-02-18
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category: "fundraise"
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summary: "Epic Finance futarchy launch on Futardio targeting $50K failed with only $2 raised before entering refund status"
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key_metrics:
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raise_target: "$50,000"
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total_committed: "$2"
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token_symbol: "9Ta"
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token_mint: "9Ta7jjn8Zmyy2QX5ACCUuFaC4Tu8twQj4oAL7ybc3ftd"
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launch_address: "2n4GG73NrvpmZCeZ3SPSUwzfWv1MyLSDBc29tRwUccPP"
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platform_version: "v0.7"
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tracked_by: rio
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created: 2026-03-11
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---
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# Epic Finance: Futardio Fundraise
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## Summary
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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.
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## Market Data
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- **Outcome:** Failed (Refunding)
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- **Raise Target:** $50,000.00
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- **Total Committed:** $2.00
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- **Launch Date:** 2026-02-17
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- **Closed Date:** 2026-02-18
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- **Token:** 9Ta (mint: 9Ta7jjn8Zmyy2QX5ACCUuFaC4Tu8twQj4oAL7ybc3ftd)
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- **Platform Version:** v0.7
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## Significance
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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.
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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.
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## Relationship to KB
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- [[futardio]] — platform hosting this launch
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- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — contrasts with successful launches
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- [[futarchy-variance-creates-portfolio-problem-because-mechanism-selects-both-top-performers-and-worst-performers-simultaneously]] — data point for variance analysis
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