Put some $ into Avici (@AviciMoney) ICO I’ve been watching MetaDAO (@MetaDAOProject) launches closely, not much TL chatter about it, but projects like $OMFG (@omnipair) and $UMBRA (@UmbraPrivacy) have been doing really well. Now comes Avici, an on-chain neobank combining self-custody wallets with physical + virtual Visa cards The Avici ICO started slow ($7-8M committed till 1-2h before ending), but in the last 30 minutes it exploded to ~$35M. The team capped it at $3.5M (initial price $0.35, FDV $4.5M) What is a neobank? In short, on-chain neobanks merge wallets, banks, and DeFi apps, so you can save, spend, send, earn, etc., all in one place while keeping full self-custody What is Avici? As mentioned, Avici is an on-chain neobank, but here’s what makes it stand out: ✅ Combines self-custody wallets with physical & virtual Visa cards ✅ USD & EUR on-ramps via Bridge (SEPA/ACH, no top-up fees) ✅ Cards issued through Rain (Visa principal member) ✅ Already supports Apple Pay & Google Pay ✅ iOS & Android apps live in 100+ countries (US excluded, KYC via Sumsub & Bridge) Pricing/fees: ➡️ One-time onboarding: $35 USDC ➡️ On-ramp fee: 0.8% ➡️ Virtual cards: $10-$30 ➡️ Physical cards: $50-$75 ➡️ Annual renewal: $20 (from year 2 onward) ➡️ ATM withdrawals: $250/day cap ➡️ FX: zero markup (only Visa’s 0.4%-1% applies) Traction so far: 1⃣ Processed $1.2M+ in card & on-ramp volume within weeks of launch 2⃣ ~4k MAU, growing 50% MoM, with 70% retention 3⃣ Already revenue-generating: $15k-20k/month (card sales, shipping, on-ramp fees) 4⃣ Once interchange fees activate, revenue could 2-3x Tokenomics & Governance: ➡️ No team allocation at launch, no unlocks → clean structure ➡️Funds managed transparently through the DAO ➡️Treasury capped at $100k/month spend ➡️Team can only access part of the $3.5M raise through governance Business model & scalability: ✅ Already live & revenue-generating ✅ Plans to expand into: business accounts, lending, payroll, yield products ✅ Multiple revenue streams beyond cards & payments ✅ Upside significant when compared to EtherFi & Plasma (both valued in billions) Neobanks are a new narrative in crypto. Plasma put them on the map with its hyped launch, but right now there are only a few serious players, @Plasma, @UR_global (by @Mantle_Official), @EtherFi, and now Avici. Just like perp DEX aggregators changed trading by combining all DEX liquidity into one place, neobanks unify DeFi + TradFi in a single product / place I also like that Avici launched through MetaDAO’s Futarchy model. This forces teams to deliver, founders only profit if the project succeeds. Compare that to typical presales elsewhere, where founders raise millions and spend a fraction on building while pocketing the rest. That accountability is why MetaDAO launches like $OMFG and $Umbra have been strong Avici is live, functional, revenue-generating, and growing fast, with clean tokenomics and a new narrative meta That’s why I put some $ into the sale. Even though I got ~90% refunded, I’ll likely grab more on dips...