Aeon
Aeon|Oct 20, 2025 19:29
AVICI: @AviciMoney > Non-custodial you hold your own keys, not the project. NOBODY can touch or freeze your funds (unlike many other competitors) > You’ll have an IBAN account, simply put, users can receive (and send) salaries in fiat (same for businesses with their income) directly, which will be auto-converted to USDC. > It offers a VISA Card with no top-up fees, no FX markups, no transaction fees, no payment limits, if you want to spend millions in a day, you can. > Avici BIZ will be launching soon —> business accounts for startups, DAOs, institutions etc. > DAO-owned: 0 VC or team allocation, a treasury spending cap (unless the DAO decides otherwise), and 100% circulating supply. > Revenue model is sustainable: Visa interchange fees + FX spread + Premium tiers, and future lending yield (already live & generating revenue). > 3.5M was raised out of 34.2m committed, many people got refunded, shows that the team is here to last. > App is already live on iOS & Android, already showing good functionality even in beta. > Even the CEO of @KASTcard, a competitor is interested in buying $Avici & helping the Avici team. Just a fraction of what Avici is building is summed up here. With all the functions they’re planning to add, there simply won’t be much need for individuals to use traditional banks, something the crypto space has waited for, for a long time. What Avici achieved in their beta so far: - Total spend with Visa card: 1M+, - Avg growth of spends: 35% average MoM - Retention for active users*: 70% MoM (people are satisfied with their product) - Total onramp volume (USD,EUR): $800k+ - Cards created: 5k+ - Total signups: 9K+ Avici is already generating revenue in its beta. 90% (if not more) of projects never reach this stage, and for AVICI, it seems like the standard rather than the goal. Avici consists of two main products: 1. The credit cards, which let you spend your crypto directly and this card can even be added to Apple Pay, Google Pay, etc. 2. The virtual banks, bank accounts with an IBAN, that allow you to on-ramp fiat to crypto via simple transactions, such as receiving your salary. The fiat is auto-converted to USDC and sent to your Avici wallet. You can basically see it as a crypto bank that gives you a Visa card (physical + virtual), lets you receive and send money like a normal bank account (thanks to your own IBAN), and lets you hold, swap, and spend crypto directly from your wallet. And because you’ve got a Visa card, you can spend crypto worldwide. One of the biggest pros here is the safety aspect. Most cards e.g., http://Crypto.com, Wirex, Binance, etc. are custodial, meaning they hold your money. If the company goes bankrupt or freezes your account (like FTX), you simply lose access to your funds, and they could very well be gone. Avici is non-custodial, meaning you own your wallet and private keys. They (and nobody else) can freeze your money or touch your funds in any way. Fee-wise, it’s also beating competitors + there are no payment limits, you can spend millions if you want. I’ve seen some questions regarding the card purchase fees, which is between 10 and 30 (and 20 annually for the signature tier) for the virtual cards. However I think every user will prefer a fixed fee in dollars that doesn't increase when you spend more over a high recurring percentage fee that ''eats'' into every transaction and basically scales with your spending because it's a percentage, not a fixed amount of $. If you need a discount or setup help, DM @AviciHelp. They got support on X and TG. Avici can basically be seen as the crypto bank everyone hoped for > one that’s able to deliver on the promises the crypto space has made to us: real usage of crypto, worldwide, as a means of payment, without any centralized institutions able to touch your funds. I bought from here. Jup has the best liquidity. https://jup.ag/tokens/BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta(Aeon)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads