- Source: inbox/archive/2025-10-14-futardio-launch-avici.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 4) Pentagon-Agent: Rio <HEADLESS>
1.7 KiB
1.7 KiB
| type | entity_type | name | domain | handles | website | status | tracked_by | created | last_updated | parent | category | stage | funding | built_on | tags | ||||||
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| entity | company | Avici | internet-finance |
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https://avici.money | active | rio | 2026-03-11 | 2026-03-11 | futardio | Distributed internet banking infrastructure (Solana) | growth | $3.5M raised via Futardio ICO |
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Avici
Overview
Distributed internet banking infrastructure — onchain credit scoring, spend cards, unsecured loans, and mortgages. Aims to replace traditional banking with permissionless onchain finance. Second Futardio launch by committed capital.
Current State
- Raised: $3.5M final (target $2M, $34.2M committed — 17x oversubscribed)
- Treasury: $2.4M USDC remaining
- Token: AVICI (mint: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta), price: $1.31
- Monthly allowance: $100K
- Launch mechanism: Futardio v0.6 (pro-rata)
Timeline
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2025-10-14 — Futardio launch opens ($2M target)
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2025-10-18 — Launch closes. $3.5M raised.
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2025-10-14 — Launched fundraise on Futardio targeting $2M, received $34.2M in commitments (17.1x oversubscribed), closed 2025-10-18 with $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
Relevant Entities:
Topics: