02 / Portfolio mechanics · Aug–Dec 2026
FTD count is not the same as first-deposit value.
Concentrated volume. Balanced value. Two markets create the acquisition signal; eight markets bring modelled first-deposit value back towards balance.
Required registrations
27,780
Downside planning case
≈1,389 FTDs
Higher modelled first-deposit amount per FTD ↑
More FTDs →
Value engine
Volume engine
Equal-size marks. Positions within each cluster are arranged for legibility—not country allocation.
2.5–3.0× average amount / value-market FTD
Not a classic 80/20 value Pareto: 25% of FTDs are modelled to contribute approximately 45–50% of first-deposit value—not 80%.
Central bar geometry uses the 2.75× scenario. Value means modelled first-deposit amount only. FTD totals are rounded.
01 / Volume engine
India + South Africa
20,835 registrations
→
≈1,042 FTDs
75% of FTD count. Faster learning signal; lower modelled average first-deposit amount.
02 / Value engine
Eight value markets
6,945 registrations
→
≈347 FTDs
25% of FTD count. Smaller cohorts; average first-deposit amount per FTD modelled at 2.5–3.0× India + South Africa.
Market opportunityScale + premium demand
AudienceYoung, mobile-led acquisition pools
Crypto readinessMarket-specific evidence
Acquisition ceiling≤$360 portfolio guardrail
Open any country above to inspect its market, audience, crypto, and CPA evidence from Slide 1.