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.
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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.