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Avici Raises $3.5 Million, Gives Back 90% of Capital via Futarchy Governance
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This story was originally published on HackerNoon at: https://hackernoon.com/avici-raises-$35-million-gives-back-90percent-of-capital-via-futarchy-governance.
Avici raises $3.5M and returns 90% of capital to its community using a futarchy governance model, signaling a new approach to crypto-fintech decision-making.
Check more stories related to finance at: https://hackernoon.com/c/finance. You can also check exclusive content about #avici-funding, #futarchy-governance, #crypto-fintech, #decentralized-banking, #onchain-credit, #prediction-markets, #fintech-funding, #good-company, and more.
This story was written by: @kashvipandey. Learn more about this writer by checking @kashvipandey's about page, and for more stories, please visit hackernoon.com.
Avici secured $3.5M in funding while returning roughly 90% of committed capital to its community through a futarchy governance model. The fintech-crypto startup aims to build unified internet banking tools—wallet, savings, spend card, credit scoring, and lending—while using market-driven governance to align incentives and build trust.
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