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 4)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/avici.md

@@ -33,7 +33,8 @@ 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, achieved $34.2M in commitments (17.1x oversubscribed), closed 2025-10-18 at $3.5M final raise
+- **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
 ## 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 launch goes live, targeting distributed internet banking infrastructure with $2M goal
+- **2025-10-14** — Avici fundraise launched, targeting distributed internet banking infrastructure with reputation-based undercollateralized lending
 ## 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 (money as social ledger, credit origins) is standard crypto narrative, not a falsifiable claim. Oversubscription ratio is notable but consistent with existing futarchy-governed meme coin launch patterns already documented in the KB."
+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."
 ---
 
 ## Launch Details
@@ -60,11 +60,8 @@ Token CA: [`BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`](https://jup.ag/tokens
 
 
 ## Key Facts
-- Avici fundraise launched 2025-10-14 on Futardio
-- Funding target: $2,000,000
-- Total committed: $34,230,976 (17.1x oversubscribed)
-- Final raise: $3,500,000
-- Closed: 2025-10-18
-- Token: AVICI (BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
-- Mission: distributed internet banking infrastructure with spend cards, internet-native trust score, unsecured loans, home mortgages
-- Philosophy: money originated as credit/social ledger, not barter; onchain finance needs reputation-based undercollateralized lending
+- Avici raised $34.2M committed against $2M target (1,711% 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