co-founder @Avici | ynwa @lfc

Joined October 2019
Avici is currently experiencing a disruption to our ability to charge for virtual cards. We can confirm that anyone who signs up gets a free virtual card and 3% cashback for 30days. We apologise to our finance team for any inconvenience caused.
We are currently experiencing a service disruption affecting multiple services. We can confirm that all our customers’ money and data are safe. We’ve been working to fix the issue since it was identified this morning and apologise to anyone affected and for any inconvenience caused.
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Launching tomorrow
The Inner Table (@TheInnerTable) ICO opens tomorrow at 17:30 UTC! The Inner Table is a poker and entertainment brand founded by @kirat_tw, building physical and online poker studios across India. Read all about it here: backable.biz/raises/BGyEf4Ew…
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Ram retweeted
Should we build this?
Cancelling a subscription shouldn't be this hard. If you can sign up with a click, you must be able to cancel with one. Head to nyc.gov/click-to-cancel to file a complaint against any business that makes it hard to cancel a subscription.
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Funding one consumer app founder with $100k+ and flying them to NYC to build with me for a month. Required: 10+ paying customers. Full time on your app. Willing to build in public. We'll give you up to $10k/mo in ad spend and cover your apartment. DM me your app + traction.
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Ram retweeted
Still long-pressing wallet addresses? Send any token as a link.
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Avici is building an internet bank on Solana, combining stablecoin wallets, cards, and financial accounts. Avici just published a fully complete B1 Token Transparency Filing with zero gaps. $AVICI live since October 2025.
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a brand new home for onchain privacy waitlist opens tomorrow
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There is 1 week left to submit your product to Crypto World's Fair! 🎡 $800,000 in total prizes and more than $2.5 million from Colosseum's venture fund will be invested into winning founders.💰 Join 8,500+ builders already in the arena: colosseum.com/worldsfair
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shipped a great invite rewards for everyone. we grew a lot organically, im so thankful for everyone thats helping. try sharing your link from now on from the app. you directly get rewarded for helping us grow. if you’re using Avici and helping us grow and haven’t touched the $10k spend yet, reply or DM me. will upgrade you to 3% btw got a lot of things in the pipeline to ship, excited for next few weeks.
BREAKING: We just shipped referrals. Earn 2% on every card purchase your friends make. For a limited time we're upgrading you to 3%. Quote this post and DM us if you're an Avici user and you're in. Anyone past $10k in spend is in automatically. why it matters and how it works ↓
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Ram retweeted
Send money like a message. Pay with link is live on Avici. No wallet address, no username, just a link. Reply and we'll drop a link with money in it.👇 Open it in Avici to claim. Limited, first come first served. Someone claims your link before you? It's theirs 👻
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1/ Crypto World's Fair has commenced! 🎡 🌍Our online hackathon is open to builders & founders across blockchain ecosystems 💰Over $800k in total prizes and $2.5 million from Colosseum's venture fund 🏁Product submissions due by October 12, 2026 Join: colosseum.com/worldsfair
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Ram retweeted
Notice what is missing from this chat. Old way "what is your username?" "dot or underscore?" "wrong app. send me your address" "which chain?" "did it go through?" None of it. Soon. 🫳
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Ram retweeted
what we shipped since 2 months ago already looks archaic. we’ve begun rebuilding Avici from the ground up to be better, faster, and closer to what the future of finance app should look like. ✨
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interesting... our daily signups went up by 100% compared to last week. and of everyone we refunded, only 0.6% withdrew their card balance. 99.4% ended up keeping the funds. working on a detailed postmortem.
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2024: Avici can’t launch a card 2025: Avici card can’t compete with Metamask & Phantom (we do more volume than them) 2026: Avici can’t scale or get back from here. watch us, will quote tweet this in 2027
2020: Solana is dead 2021: Solana is dead 2022: Solana is dead 2023: Solana is dead 2024: Solana is dead 2025: Solana is dead 2026: Solana is dead
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Ram retweeted
UPDATE: Refunds are processed in full, with an extra 10% cashback. The Solana contract has been updated. We haven't seen any further related activity, and we're constantly monitoring it. If your Solana card balance was withdrawn a few hours ago, we've restored the full amount and added 10% cashback on what was withdrawn. Open the app and cross-check your balance. Here's exactly what was affected and what wasn't: 1. This was limited to card contracts on Solana holding balances added through Avici's Top Up flow. 2. Your regular Avici Solana and EVM wallets were never affected. Those wallets are self-custodial and stayed under your control the entire time. 3. EVM card balances, onramps, offramps, and swaps were not affected. 4. Funds outside these Solana card-balance contracts were never exposed. We made a very deliberate choice to keep your Avici wallet separate from your card balance. It's why you have to manually Top Up before spending. Combining both would've made the app easier to use, but we didn't do it because we believed keeping them separate was safer. That separation is why this stayed limited to the affected Solana card contracts while wallets and everything else in Avici stayed untouched. That doesn't make what affected users went through okay. We're sorry for the stress and uncertainty this caused. We're not proud that this happened. We are proud that Avici is built onchain, where balance movements are immediately visible and independently verifiable instead of hidden behind a private ledger. In traditional fintech, the number shown in an app can stay unchanged while what is happening underneath remains invisible. Here, anyone could see the movement onchain as it happened. We're pushing the frontier of onchain finance, and that road was never going to be easy. Moments like this are painful and humbling, but they show us what has to improve and will make Avici stronger. We're not stepping back. We're going to keep pushing forward. Rain, our card issuing partner, covered all reimbursements in full. Huge credit to their team for moving quickly, working closely with us, restoring every affected balance, and fixing the issue. We'll publish a full postmortem once the investigation is complete. And a huge thank you to every partner who jumped in immediately to help us through this: @solana, @raincards, @Helius, @MetaDAOProject, @zeroshadow_io, and @asymmetric_re. Thank you for staying with us through the uncertainty and stress this caused today.
UPDATE: All affected card balances will be refunded in full Earlier today, our card-issuing partner, Rain, identified a vulnerability in an version of a Solana card contract used by Avici and a small number of other programs. The contract has now been upgraded across all programs, and no further unauthorised activity has been observed. Avici wallets and card balances are separate. Avici wallets are self-custodial and remain under users’ control. When users top up their cards, funds move into a separate Solana contract that holds their card balance. Only this contract was affected. Note: Funds held in Avici’s Solana and EVM wallets are safe and were not affected. Our current reconciliation shows that 1,685 users were affected, representing $500,859.22 in card balances. Every affected user will have their card balance refunded in full. We remain in close contact with our card-issuing and security partners and are monitoring the remediation closely. Avici has also filed a report with the FBI’s Internet Crime Complaint Center. We are deeply sorry for the concern and inconvenience this has caused.
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