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 2)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/avici-futardio-fundraise.md

@@ -1,51 +0,0 @@
----
-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 capital 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 gap in onchain credit infrastructure by building spend cards, an internet-native trust score, unsecured loans, and home mortgages. The raise targeted $2M but received $34.2M in commitments, closing at $3.5M after 4 days.
-
-## Market Data
-- **Outcome:** Passed (Complete)
-- **Launch date:** 2025-10-14
-- **Close date:** 2025-10-18
-- **Raise target:** $2,000,000
-- **Total committed:** $34,230,976 (17.1x oversubscribed)
-- **Final raise:** $3,500,000
-- **Token:** AVICI (BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
-- **Platform version:** v0.6
-
-## Significance
-Avici represents a significant oversubscription case on Futardio's platform, demonstrating market appetite for onchain credit infrastructure. The project's thesis centers on the claim that money originated as credit (not barter) and that crypto needs reputation-based undercollateralized lending to achieve independence from fiat systems. The 17x oversubscription suggests strong speculative interest in the banking infrastructure narrative.
-
-The project explicitly references Vitalik Buterin's observation that onchain finance lacks reputation-based undercollateralized lending, positioning itself as addressing this gap.
-
-## Relationship to KB
-- [[avici]] — parent entity
-- [[futardio]] — launch platform
-- [[MetaDAO]] — futarchy infrastructure provider
-- [[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]] — demonstrates compressed fundraising timeline (4 days)
-- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — 17x oversubscription shows capital attraction dynamics

entities/internet-finance/avici.md

@@ -33,7 +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 futarchy-governed fundraise on Futardio targeting $2M for distributed internet banking infrastructure, achieving $34.2M in commitments (17x oversubscribed)
+- **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

entities/internet-finance/futardio.md

@@ -46,7 +46,6 @@ 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 goes live, raising $3.5M from $34.2M in commitments (17x oversubscribed) for distributed internet banking infrastructure
 ## 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

@@ -6,13 +6,13 @@ url: "https://www.futard.io/launch/2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq"
 date: 2025-10-14
 domain: internet-finance
 format: data
-status: processed
+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: "Launch announcement with factual data about fundraise outcome. No novel claims extracted — the oversubscription data point enriches existing claims about futarchy-governed fundraising and capital attraction. Created decision_market entity for the fundraise proposal and updated parent entities with timeline entries."
+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
@@ -60,9 +60,7 @@ Token CA: [`BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`](https://jup.ag/tokens
 
 
 ## Key Facts
-- Avici fundraise launched 2025-10-14, closed 2025-10-18
-- Raise target: $2M, Total committed: $34.2M, Final raise: $3.5M
-- Token: AVICI (BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
-- Futardio platform version: v0.6
-- Project focus: spend cards, onchain credit scoring, unsecured loans, home mortgages
-- References Vitalik Buterin on need for reputation-based undercollateralized lending
+- 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