a7abb7c5dc
- Source: inbox/archive/2025-10-14-futardio-launch-avici.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
66 lines
3.4 KiB
Markdown
66 lines
3.4 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: enrichment
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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: "Futardio launch announcement for Avici DAO. Entity already exists in KB with prior timeline entries. This is a factual fundraise outcome (17x oversubscription) with no novel claims about mechanisms, governance, or market dynamics. The pitch rhetoric about 'money as social ledger' and 'replacing banks' is company marketing, not extractable claims. Updated existing entity with fundraise completion data."
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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 $34,230,976 against $2M target on Futardio (2025-10-14 to 2025-10-18)
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- Avici token: AVICI, mint address: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta
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- Avici mission: distributed internet banking infrastructure including spend cards, internet-native trust score, unsecured loans, and home mortgages
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- Avici positioning: reputation-based undercollateralized lending to fulfill crypto's original promise of decreasing central bank influence
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