9cf7320f1f
- Source: inbox/archive/2025-10-14-futardio-launch-avici.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 6) Pentagon-Agent: Rio <HEADLESS>
67 lines
3.3 KiB
Markdown
67 lines
3.3 KiB
Markdown
---
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type: source
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title: "Futardio: Avici fundraise goes live"
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author: "futard.io"
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url: "https://www.futard.io/launch/2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq"
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date: 2025-10-14
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domain: internet-finance
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format: data
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status: processed
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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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."
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---
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## Launch Details
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- Project: Avici
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- Description: Distributed Internet banking infrastructure
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- Funding target: $2,000,000.00
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- Total committed: $34,230,976.00
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- Status: Complete
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- Launch date: 2025-10-14
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- URL: https://www.futard.io/launch/2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq
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## Team / Description
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Internet capital markets need internet banking infrastructure.
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Right now, it’s not possible for anyone to bank fully onchain. You still need traditional banks to build a credit score before you can access a home or business loan. The infrastructure for underwriting onchain is almost entirely missing.
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Avici DAO’s purpose is to build distributed internet banking infrastructure with spend cards, an internet native trust score, create unsecured loans, home mortgages to accelerate crypto’s original promise of decreasing the influence of central banks.
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Money didn’t originate from the barter system, that’s a myth. It began as credit. Money isn’t a commodity; it is a social ledger. To gain independence from fiat, we need a social ledger. Most leading research agrees that onchain finance still lacks [reputation-based undercollateralized lending](https://x.com/VitalikButerin/status/1969569289691865416).
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Join us by participating in the Sale or by joining the DAO’s core team to help build it. Avici is built to fulfill crypto’s original promise, giving people control over their money again. This is how we replace the bank account of the old world with one owned by the internet.
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Read more: [https://x.com/AviciMoney/status/1977834732160418013](https://x.com/AviciMoney/status/1977834732160418013)
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Token CA: [`BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`](https://jup.ag/tokens/BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta)
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## Links
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- Website: https://avici.money
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- Twitter: https://aviciii.notion.site/Terms-of-Use-150a0cf0de2e8059b9f8d7ec1eae5dad
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- Discord: https://discord.gg/SJyNkRa6tg
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- Telegram: https://t.me/Aviciclub
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## Raw Data
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- Launch address: `2rYvdtK8ovuSziJuy5gTTPtviY5CfTnW6Pps4pk7ehEq`
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- Token: Avici (AVICI)
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- Token mint: `BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta`
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- Version: v0.6
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- Final raise: $3,500,000.00
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- Closed: 2025-10-18
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## Key Facts
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- Avici raised $34.2M in commitments against $2M target (2025-10-14)
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- Avici final raise was $3.5M, closed 2025-10-18
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- Avici token mint: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta
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- Avici launched on Futardio v0.6
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- Avici's thesis: money originated as credit/social ledger, not barter
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