From d6a69e5c110e735572e5d87428ff83961e078b7a Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Thu, 12 Mar 2026 12:54:30 +0000 Subject: [PATCH] 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 --- .../avici-futardio-fundraise.md | 61 +++++++++++++++++++ entities/internet-finance/avici.md | 1 + entities/internet-finance/futardio.md | 1 + .../2025-10-14-futardio-launch-avici.md | 13 +++- 4 files changed, 75 insertions(+), 1 deletion(-) create mode 100644 entities/internet-finance/avici-futardio-fundraise.md diff --git a/entities/internet-finance/avici-futardio-fundraise.md b/entities/internet-finance/avici-futardio-fundraise.md new file mode 100644 index 00000000..4186c1e6 --- /dev/null +++ b/entities/internet-finance/avici-futardio-fundraise.md @@ -0,0 +1,61 @@ +--- +type: entity +entity_type: decision_market +name: "Avici: Futardio Fundraise" +domain: internet-finance +status: passed +parent_entity: "[[avici]]" +platform: "futardio" +proposal_url: "https://www.futard.io/launch/2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq" +proposal_date: 2025-10-14 +resolution_date: 2025-10-18 +category: "fundraise" +summary: "Avici raised $3.5M final through futarchy-governed launch to build distributed internet banking infrastructure including spend cards, onchain credit scoring, and unsecured lending" +key_metrics: + raise_target: "$2,000,000" + total_committed: "$34,230,976" + final_raise: "$3,500,000" + oversubscription_ratio: 17.1 + token_symbol: "AVICI" + token_mint: "BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta" + platform_version: "v0.6" +tracked_by: rio +created: 2026-03-11 +--- + +# Avici: Futardio Fundraise + +## Summary + +Avici launched a futarchy-governed fundraise on Futardio to build distributed internet banking infrastructure. The project targets the missing layer in onchain finance: reputation-based undercollateralized lending, spend cards, and internet-native credit scoring. The raise targeted $2M but attracted $34.2M in commitments (17.1x oversubscribed), ultimately closing at $3.5M final raise. + +## Market Data + +- **Outcome:** Passed (fundraise completed) +- **Platform:** Futardio v0.6 +- **Launch Date:** 2025-10-14 +- **Close Date:** 2025-10-18 +- **Raise Target:** $2,000,000 +- **Total Committed:** $34,230,976 +- **Final Raise:** $3,500,000 +- **Oversubscription:** 17.1x + +## Project Thesis + +Avici's core argument is that crypto cannot achieve independence from fiat without reputation-based undercollateralized lending infrastructure. The team cites Vitalik Buterin's observation that onchain finance lacks this capability and positions money as a social ledger (credit-based) rather than a commodity. The project aims to build: + +- Spend cards for onchain accounts +- Internet-native trust/credit scoring +- Unsecured loans and home mortgages +- Infrastructure to reduce central bank influence + +## Significance + +This launch demonstrates continued strong market demand for futarchy-governed fundraises on the Futardio platform, with 17x oversubscription indicating significant speculative interest in the distributed banking thesis. The project directly addresses a gap identified by leading Ethereum researchers (undercollateralized lending) and positions itself as fulfilling "crypto's original promise." + +## Relationship to KB + +- [[avici]] — parent entity +- [[futardio]] — launch 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]] +- [[internet capital markets compress fundraising from months to days because permissionless raises eliminate gatekeepers while futarchy replaces due diligence bottlenecks with real-time market pricing]] diff --git a/entities/internet-finance/avici.md b/entities/internet-finance/avici.md index 118ddcfa..05e28fe5 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, reached $34.2M in commitments (17.1x oversubscribed) ## 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/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md index 3939e101..710a5fc9 100644 --- a/entities/internet-finance/futardio.md +++ b/entities/internet-finance/futardio.md @@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless - **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 - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status +- **2025-10-14** — Avici launch went live, targeting $2M for distributed banking infrastructure, attracted $34.2M commitments (17.1x oversubscribed), closed at $3.5M final raise on 2025-10-18 ## Competitive Position - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees - **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." diff --git a/inbox/archive/2025-10-14-futardio-launch-avici.md b/inbox/archive/2025-10-14-futardio-launch-avici.md index 76d6b34f..149feef7 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: processed 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: "Factual launch data for Avici fundraise. No novel claims about futarchy mechanisms or market dynamics beyond what's already captured in existing KB claims about futarchy-governed fundraising and MetaDAO/Futardio platform. Created decision_market entity for the fundraise and updated parent Avici entity timeline. 17x oversubscription continues pattern seen in other Futardio launches." --- ## 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 $3.5M final through Futardio (2025-10-14 to 2025-10-18) +- Avici attracted $34.2M in commitments against $2M target (17.1x oversubscribed) +- Avici token mint: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta +- Avici launched on Futardio v0.6