No, not second-hand tent; supposedly can be assembled in 2 seconds by tossing in the air.

Quechua Seconds Tents

Now, my kids have various pop-up toys that work similarly, but not something I'd rely on for stablity or weather protection. However, based on this article there might be something to this gadget. Fewer pieces to lose, rapid setup, sounds like it has potential for shelter in appropriate cases.

I wonder how it would pass the Virginia Summer Thunderstorm test...