rio: extract from 2025-10-14-futardio-launch-avici.md
- Source: inbox/archive/2025-10-14-futardio-launch-avici.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
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@ -33,6 +33,7 @@ Distributed internet banking infrastructure — onchain credit scoring, spend ca
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- **2025-10-14** — Futardio launch opens ($2M target)
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- **2025-10-18** — Launch closes. $3.5M raised.
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- **2025-10-14** — Launched fundraise on Futardio targeting $2M, reached $34.2M committed (17.1x oversubscribed), closed 2025-10-18 at $3.5M final raise
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## Relationship to KB
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- [[futardio]] — launched on Futardio platform
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- [[cryptos primary use case is capital formation not payments or store of value because permissionless token issuance solves the fundraising bottleneck that solo founders and small teams face]] — test case for banking-focused crypto raising via permissionless ICO
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@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
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- **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
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- **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
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- **2025-10-14** — Avici launch goes live, targeting distributed internet banking infrastructure with $2M raise goal
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## Competitive Position
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- **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
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- **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."
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@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq"
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date: 2025-10-14
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domain: internet-finance
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format: data
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status: unprocessed
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status: enrichment
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "Factual launch data for Avici fundraise on Futardio. No novel claims about mechanisms or governance. The philosophical framing about money-as-credit and reputation-based lending restates existing crypto narratives without new evidence. Entity timeline updates only."
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---
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## Launch Details
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@ -53,3 +57,11 @@ Token CA: [`BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`](https://jup.ag/tokens
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- Version: v0.6
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- Final raise: $3,500,000.00
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- Closed: 2025-10-18
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## Key Facts
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- Avici raised $34.2M committed against $2M target (17.1x oversubscription) on Futardio launch 2025-10-14
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- Avici final raise closed at $3.5M on 2025-10-18
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- Avici token: AVICI, mint address: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta
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- Avici mission: distributed internet banking infrastructure including spend cards, internet-native trust scores, unsecured loans, and home mortgages
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- Avici launch used Futardio v0.6 platform
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