Avici

Distributed Internet banking infrastructure

Globe
Globe
$34,230,976 committed
Complete
1712%of $2,000,000 minimum
$100,000allowance
Question
Avici
RAISED

Launch has ended

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Internet capital markets need internet banking infrastructure.

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.

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.

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.

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.

Read more: https://x.com/AviciMoney/status/1977834732160418013

Token CA: BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta

Terms & Conditions

By purchasing $AVICI tokens (“Tokens”), you acknowledge and agree to the following:

  1. No Guarantees The Tokens are provided on an “as-is” and “as-available” basis. The purchase of Tokens does not come with any guarantees, promises, or assurances of any kind, including—but not limited to—financial return, performance, future utility, or access to any platform, product, or service.
  2. Not an Offer of Securities The Tokens do not represent a security, equity, loan, or ownership interest in any entity or project. The sale of Tokens is not intended to be an offering of securities, and does not constitute an offer or solicitation in any jurisdiction where such activity is unlawful.
  3. Final Sale All purchases of Tokens are final and non-refundable. By participating in this sale, you understand and accept that you will not be entitled to a refund or compensation under any circumstances, including but not limited to, loss of value or inability to use the Tokens.
  4. No Liability for Losses To the fullest extent permitted by applicable laws, neither the organizers of this Token sale nor any of their affiliates, agents, advisors, officers, or representatives shall be liable for any direct or indirect loss or damage you may suffer, including without limitation: trading losses, loss of data, revenue, profit, or opportunity; or any errors, delays, or technical failures related to the Token sale or its use.
  5. Agreement to DAO LLC Operating Agreement By purchasing or attempting to purchase Tokens, you further acknowledge and agree to be bound by the terms and conditions of the operating agreement of the DAO LLC that governs the project. You confirm that you have reviewed or had the opportunity to review the operating agreement and understand that it forms a binding part of your participation in this Token sale.
  6. Understanding the Mechanism This is a novel mechanism with a fixed token supply, uncapped USDC raise. There is no in protocol restriction on the amount of capital a founder is allowed to claim beyond the minimum identified above. Once the minimum is reached and should the amount raised exceed this minimum, the founder is entitled, but not obligated, to claim all the funds, HOWEVER should the minimum not be met, all funds will be returned to the participants accordingly. Should the launch initiator fail to complete the launch of their own accord within 48 hours, the complete function is able to be called by anyone, permissionlessly, via a blockchain transaction. In this case the default is to accept all funds in excess of the minimum transferred to the DAO treasury. By participating you confirm you understand this and have read the documentation provided at https://docs.metadao.fi.

By purchasing or attempting to purchase $AVICI Tokens, you confirm that you have read, understood, and accepted the terms above.

For additional terms and information please refer to the Avici Terms of Service and MetaDAO Terms of Service.

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