45 lines
1.5 KiB
Markdown
45 lines
1.5 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Avici"
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domain: internet-finance
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handles: ["@AviciMoney"]
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website: https://avici.money
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status: active
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tracked_by: rio
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created: 2026-03-11
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last_updated: 2026-03-11
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parent: "[[futardio]]"
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category: "Distributed internet banking infrastructure (Solana)"
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stage: growth
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funding: "$3.5M raised via Futardio ICO"
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built_on: ["Solana"]
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tags: ["banking", "lending", "futardio-launch", "ownership-coin"]
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---
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# Avici
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## Overview
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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.
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## Current State
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- **Raised**: $3.5M final (target $2M, $34.2M committed — 17x oversubscribed)
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- **Token**: AVICI (mint: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
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- **Launch mechanism**: Futardio v0.6 (pro-rata)
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## 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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## Relationship to KB
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- [[futardio]] — launched on Futardio platform
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- [[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
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---
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Relevant Entities:
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- [[futardio]] — launch platform
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- [[metadao]] — parent ecosystem
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Topics:
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- [[internet finance and decision markets]]
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