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-futardio-launch.md

@@ -0,0 +1,54 @@
+---
+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 to build distributed internet banking infrastructure"
+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 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 loans. The project targeted $2M but received $34.2M in commitments (17x oversubscribed), ultimately raising $3.5M before closing on 2025-10-18.
+
+## Market Data
+
+- **Outcome:** Passed (fundraise completed)
+- **Platform:** Futardio v0.6
+- **Raise Target:** $2,000,000
+- **Total Committed:** $34,230,976 (1,711% of target)
+- **Final Raise:** $3,500,000
+- **Token:** AVICI (BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
+- **Launch Date:** 2025-10-14
+- **Close Date:** 2025-10-18
+
+## Significance
+
+This launch demonstrates extreme market demand for internet-native banking infrastructure, with oversubscription reaching 17x the target. The project's thesis challenges the conventional narrative that money originated from barter, instead positioning money as a social ledger and credit system. Avici aims to build reputation-based undercollateralized lending infrastructure that Vitalik Buterin identified as missing from onchain finance.
+
+The 4-day fundraise timeline (launch to close) exemplifies the capital formation speed enabled by futarchy-governed launches on [[futardio]].
+
+## Relationship to KB
+
+- [[avici]] — parent entity
+- [[futardio]] — launch platform
+- [[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]] — this launch provides supporting evidence
+- [[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]] — Futardio is the productized version of this mechanism

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 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 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

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, targeting distributed internet banking infrastructure with $2M goal, ultimately raising $3.5M
 ## 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: enrichment
+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 about futarchy mechanisms, governance, or market dynamics. The philosophical framing about money-as-credit and reputation-based lending is marketing copy, not evidence-backed claims. Oversubscription ratio and final raise amount added to entity timelines."
+extraction_notes: "Launch event with extreme oversubscription (17x). No novel claims — the oversubscription data enriches existing claims about internet capital market speed. Created decision_market entity for the launch itself and updated parent Avici entity timeline. The project's philosophical framing (money as social ledger) is interesting but not novel enough for a standalone claim given it's self-reported project positioning."
 ---
 
 ## Launch Details
@@ -60,9 +60,8 @@ Token CA: [`BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`](https://jup.ag/tokens
 
 
 ## Key Facts
-- Avici fundraise launched 2025-10-14 on Futardio
-- Funding target: $2M, Total committed: $34.2M (17.1x oversubscribed)
-- Final raise: $3.5M, closed 2025-10-18
-- Token: AVICI (BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
-- Mission: distributed internet banking infrastructure with spend cards, internet-native trust score, unsecured loans, home mortgages
-- Platform version: v0.6
+- Avici raised $34.2M in commitments against $2M target (2025-10-14)
+- Avici final raise was $3.5M, closed 2025-10-18
+- Avici token mint: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta
+- Avici launched on Futardio v0.6
+- Avici's thesis: money originated as credit/social ledger, not barter