This was a conservative estimate with a $1m 30 day spend estimate and real metrics are showing $2.1m 30 day spend. Keep in mind none of this included business account accretion. SMB inflows stack on top of the existing retail trend rather than replacing it, which creates a dual-engine effect. Retail grows organically while SMB adds step-function jumps. On a 3-month basis, retail only needs to compound at ~56% per month with 33 SMBs adding $10k each to drive avici toward a ~$15M monthly run-rate. To put this into perspective @AviciMoney just did over 2.5x MoM so modeling ~56% is conservative. http://Ether.fi did around $33m last month and has an FDV of $843m FDV. I’ll also add a lot of these card companies report “spend” as spend + deposits where Avici uses strictly card spend. @AviciMoney achieved all of this in beta with no marketing spend. Honestly fascinating to witness and capture. 📷(CryptoISO)