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Revuto, one of the first blockchain startups based in Croatia and founder of the REVU token, announced that its digital asset would be the first Cardano native coin listed on KuCoin and Gate.io, both Tier1 exchanges, on January 7, 2022, at 1:00 pm Italian time.
The company raised around $10 million in minutes during the presale process. Moreover, it is one of the first companies to have created a non-custodial wallet on Cardano, thanks to the support of ADALITE.
Revuto is an intuitive and easily accessible online subscription management service (Netflix, Amazon, etc…) through a dedicated app already available on Apple Store and Play Store.
Revuto’s mission is to save customers time, energy, and money by redefining the subscription management experience, allowing one-click control, activation, and deactivation of all subscriptions. Goodbye, phantom renewals!
Revuto mainly targets private users with significant annual subscription-related expenses and companies with SaaS-related subscriptions.
Thanks to the team’s professionalism and strategic choices, Revuto was named the fastest-growing consumer product in Crypto for 2021 at the World Blockchain Summit (WBS) in Dubai.
A success story
Revuto has experienced extremely rapid growth since its official launch. This growth continues to be accentuated by the upcoming listing on large Tier1 exchanges. Starting from January 7, all investors will be able to buy REVU on KuCoin and Gate.io.
Vedran Vukman, CEO and co-founder of Revuto, said, “We are proud to be making history again with REVU, after being the first ICO on Cardano, releasing the first Cardano Lite wallet, and breaking all records with our growth.”
“We have also partnered with Skynet Trading to get liquidity at the institutional level. Our goal is to work with only the best; to ensure our clients and investors get the best products and returns. It may take longer, and it may be more difficult, but it’s the right way to build long-term value.”
Another vital collaboration is with ChainLink, considered as the best Oracle solution in the Blockchain industry. This collaboration will allow Revuto to get price feeds for ADA/USD and ADA/EUR pairs. Price feeds are the fastest way to connect smart contracts to market prices, allowing to retrieve the last price of an asset quickly and accurately.
Technical Details
Network: Cardano
Total Supply: 280,125,000
Whitepaper: https://crypto.revuto.com/Revuto_Whitepaper_v1.7.pdf
Plans for 2022: Virtual Debit Cards and DeFi Services
Revuto is designed to help people save time and money on their digital subscriptions with its dApp built on Cardano. Its initial coin offering (ICO) in May was a surprising success, with $10 million raised in minutes.
The company has received 3 million early signups for the app to date. Since August, it has welcomed more than 300,000 users worldwide, and as a result, Revuto won the award for fastest-growing consumer product at the recent World Blockchain Summit in Dubai.
The company has big plans for 2022, including the launch of its virtual debit cards to manage subscription seasonality and allow users to pay for their subscriptions directly with REVU.
A liquidity pool for microloans available to the entire community will be launched in 2022. The returns generated can be used to pay for digital subscriptions.
R-fund
At the Infobip Shift conference in beautiful Zadar (Croatia), Josipa, Revuto’s co-founder, held a panel discussion before an audience of fintech and cryptocurrency enthusiasts and announced that Revuto is launching a $2 million fund for new Cardano projects. Said fund is known as R Fund!
R-Fund is thus a special fund entirely dedicated to supporting projects and companies that, like Revuto, are building on Cardano’s fast-growing blockchain. ️
The R-Fund offers new companies extensive support, not only financial. In addition to the capital needed for project development, it offers in fact:
– Support in marketing;
– Support from own community and large user base;
– Help in launching ICOs on Revuto’s Launchpad;
– Hackathons (events in which experts from various fields of computer science participate in various capacities).
To be clear, R-Found is not about writing a check and letting a project run its course. It invests in companies, projects, and people, supporting them throughout the birth and development process.
With this special fund, Revuto will surely play an important role in the Cryptocurrency world as the only company to make funds available for new Cardano projects.
Does the service offered by the use case have any costs?
The service will have both a free plan and a paid plan available.
FREE PLAN*: no monthly subscription but only a 4% fee on activated subscriptions.
REVOLVED PRO PLAN*: monthly cost of 12€, 4% cashback on expenses incurred in the current month, 0€ fee.
* These rates may be subject to change before the services go live.
What are the long-term gains from inviting new users?
For every new user who signs up with your Referral link and purchases at least one subscription (using the dApp), you will receive rewards in REVU, corresponding to 6% of the revenue generated by the enrolled user.
If the user registered with your link subscribes to the Revuto Pro version (costing 12 €), you will be able to receive 6%* of his expenditure (0,72 €).
If the user subscribed with your link subscribes to the free version of the app and spends every month 100 € on subscriptions (paying 4% fee to Revuto), you will be able to earn 6%* on this amount (0,24 €)
So for each new ACTIVE user that you will bring to the platform, you will earn rewards in REVU tokens with which you can continue to pay your subscriptions.
* This percentage will be doubled if you have in staking for six months 2000 REVU, or those who have purchased in Community Sale and do not make a claim until May 1, 2022.
Useful links:
?? Italian telegram group (the only one authorized by the international team): https://t.me/Revuto_IT
? Global telegram group: https://t.me/getrevuto
?Website: https://crypto.revuto.com/
? Medium: https://getrevuto.medium.com/
?LinkedIn: https://www.linkedin.com/company/revuto
?Youtube: https://www.youtube.com/c/RevutoOfficialChannel
Source: https://en.cryptonomist.ch/2022/01/06/revuto-cardano-token-kucoin-gate-io/