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-launch.md

@@ -0,0 +1,53 @@
+---
+type: entity
+entity_type: decision_market
+name: "Avici: Futardio Launch"
+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 $34.2M against $2M target through futarchy-governed launch for distributed internet banking infrastructure"
+key_metrics:
+  funding_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 Launch
+
+## Summary
+
+Avici launched a futarchy-governed fundraise on Futardio to build distributed internet banking infrastructure including spend cards, internet-native trust scores, and unsecured lending. The project targeted $2M but received $34.2M in commitments (17x oversubscribed), ultimately raising $3.5M and closing after 4 days.
+
+## Market Data
+
+- **Outcome:** Passed (fundraise completed)
+- **Launch Date:** 2025-10-14
+- **Close Date:** 2025-10-18
+- **Target:** $2,000,000
+- **Committed:** $34,230,976
+- **Final Raise:** $3,500,000
+- **Oversubscription:** 17.1x
+
+## Significance
+
+This launch demonstrates futarchy-governed fundraising attracting significant capital for infrastructure projects beyond meme coins. The 17x oversubscription indicates market demand for reputation-based undercollateralized lending infrastructure, a gap identified by Vitalik Buterin as missing from onchain finance.
+
+The project's thesis challenges the commodity theory of money, arguing money originated as credit (a social ledger) rather than barter, positioning onchain reputation systems as necessary infrastructure for fiat independence.
+
+## 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]] — platform mechanism
+- [[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 compression thesis

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 futarchy-governed fundraise on Futardio targeting $2M for distributed internet banking infrastructure, achieving $34.2M in commitments (17x 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

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 existing Avici entity. No novel claims — oversubscription and infrastructure focus already captured in existing KB claims about futarchy-governed fundraising and internet capital markets. Created decision_market entity for the specific launch event."
 ---
 
 ## 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 token mint: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta
+- Launch address: 2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq
+- Futardio platform version: v0.6
+- Avici references Vitalik Buterin tweet on undercollateralized lending (status/1969569289691865416)