This is all with $0 CAC at the current run rate. $300k ARR physical card $450k ARR interchange $100k–$200k yield revenue (hinted at yield so estimate post deployment) $850k–$1.0M ARR on current user base Fintech multiple with growth and traction of this magnitude is high (deserving) because Revolut traded ~80x ARR during hyper growth phase. We already know avici is higher revenue per active user than Revolut early days. So even if you valued it on ARR of $1M that's $80m. What the market is missing is this is a baseline floor number before any of the following. -cashback flywheel -auto-funding UX -licensing upgrade (interchange revs) -spend goes to $6M → $10M → $20M/month -enterprise accounts What is the real kicker here? "Once we also hit 2x or 3x our current volume, interchange becomes meaningful enough to pass back to users. We fund it through interchange revenue, without harming token economics." This is what sets @AviciMoney apart from all the other cards. Incentives not at the expense of the token.(CryptoISO)