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 for distributed internet banking infrastructure, raised $34.2M (17x oversubscribed), completed 2025-10-18
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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 fundraise launched, targeting $2M for distributed banking infrastructure, ultimately raising $34.2M
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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 existing Avici entity. No novel claims — the philosophical framing (money as social ledger, need for undercollateralized lending) is standard crypto banking thesis, not a new arguable proposition. The oversubscription ratio (17x) is notable but doesn't constitute a claim about futarchy mechanisms or market dynamics without comparative context."
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---
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## Launch Details
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@ -53,3 +57,12 @@ 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 fundraise launched 2025-10-14 on Futardio
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- Funding target: $2M, total committed: $34.2M (17x oversubscribed)
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- Final raise: $3.5M, closed 2025-10-18
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- Token: AVICI (BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
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- Mission: distributed internet banking infrastructure with spend cards, internet native trust score, unsecured loans, home mortgages
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- Philosophy: money originated as credit/social ledger, not barter; onchain finance needs reputation-based undercollateralized lending
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