diff --git a/entities/internet-finance/avici.md b/entities/internet-finance/avici.md index 118ddcfa..3c0750e3 100644 --- a/entities/internet-finance/avici.md +++ b/entities/internet-finance/avici.md @@ -33,6 +33,7 @@ Distributed internet banking infrastructure — onchain credit scoring, spend ca - **2025-10-14** — Futardio launch opens ($2M target) - **2025-10-18** — Launch closes. $3.5M raised. +- **2025-10-14** — Launched fundraise on Futardio targeting $2M for distributed internet banking infrastructure, raised $34.2M (17x oversubscribed), completed 2025-10-18 ## Relationship to KB - [[futardio]] — launched on Futardio platform - [[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 diff --git a/inbox/archive/2025-10-14-futardio-launch-avici.md b/inbox/archive/2025-10-14-futardio-launch-avici.md index 76d6b34f..82347a2a 100644 --- a/inbox/archive/2025-10-14-futardio-launch-avici.md +++ b/inbox/archive/2025-10-14-futardio-launch-avici.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq" date: 2025-10-14 domain: internet-finance format: data -status: unprocessed +status: enrichment tags: [futardio, metadao, futarchy, solana] event_type: launch +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Futardio launch announcement for Avici DAO. Entity already exists in KB with prior timeline entries. This is a factual fundraise outcome (17x oversubscription) with no novel claims about mechanisms, governance, or market dynamics. The pitch rhetoric about 'money as social ledger' and 'replacing banks' is company marketing, not extractable claims. Updated existing entity with fundraise completion data." --- ## Launch Details @@ -53,3 +57,10 @@ Token CA: [`BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`](https://jup.ag/tokens - Version: v0.6 - Final raise: $3,500,000.00 - Closed: 2025-10-18 + + +## Key Facts +- Avici raised $34,230,976 against $2M target on Futardio (2025-10-14 to 2025-10-18) +- Avici token: AVICI, mint address: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta +- Avici mission: distributed internet banking infrastructure including spend cards, internet-native trust score, unsecured loans, and home mortgages +- Avici positioning: reputation-based undercollateralized lending to fulfill crypto's original promise of decreasing central bank influence