teleo-codex/entities/internet-finance/avici.md
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---
type: entity
entity_type: company
name: "Avici"
domain: internet-finance
handles: ["@AviciMoney"]
website: https://avici.money
status: active
tracked_by: rio
created: 2026-03-11
last_updated: 2026-03-11
parent: "futardio"
category: "Distributed internet banking infrastructure (Solana)"
stage: growth
funding: "$3.5M raised via Futardio ICO"
built_on: ["Solana"]
tags: ["banking", "lending", "futardio-launch", "ownership-coin"]
---
# 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
- **2025-10-14** — Futardio launch opens ($2M target)
- **2025-10-18** — Launch closes. $3.5M raised.
- **2026-01-00** — Performance update: reached 21x peak return, currently trading at ~7x from ICO price
## 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:
- futardio — launch platform
- [[metadao]] — parent ecosystem
Topics:
- [[internet finance and decision markets]]