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>

entities/internet-finance/avici.md

@@ -33,8 +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, achieving 1,711% oversubscription with $34.2M committed
-- **2025-10-18** — Closed fundraise at $3.5M final raise amount
+- **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
 ## 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

entities/internet-finance/futardio.md

@@ -46,7 +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 fundraise launched, targeting distributed internet banking infrastructure with reputation-based undercollateralized lending
+- **2025-10-14** — Avici launch goes live, targeting distributed internet banking infrastructure with $2M raise goal
 ## 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."

inbox/archive/2025-10-14-futardio-launch-avici.md

@@ -12,7 +12,7 @@ event_type: launch
 processed_by: rio
 processed_date: 2026-03-11
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Factual launch data for existing Avici entity. No novel claims about futarchy mechanisms, governance, or market dynamics. The philosophical framing about money originating as credit is company marketing rhetoric, not verifiable evidence. Oversubscription ratio and final raise amount are significant data points added to entity timeline."
+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."
 ---
 
 ## Launch Details
@@ -60,8 +60,8 @@ Token CA: [`BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`](https://jup.ag/tokens
 
 
 ## Key Facts
-- Avici raised $34.2M committed against $2M target (1,711% oversubscription) on Futardio launch 2025-10-14
+- Avici raised $34.2M committed against $2M target (17.1x oversubscription) on Futardio launch 2025-10-14
 - Avici final raise closed at $3.5M on 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 references Vitalik Buterin statement that onchain finance lacks reputation-based undercollateralized lending
+- Avici mission: distributed internet banking infrastructure including spend cards, internet-native trust scores, unsecured loans, and home mortgages
+- Avici launch used Futardio v0.6 platform