Could 15, 2021 – Blockchain startup Revuto has concluded a $1.7 million non-public spherical to help its improvement of a crypto subscription cost resolution. Its app has additionally recorded greater than 1 million sign-ups in 14 days by means of a referral program. Beginning tomorrow at 8 AM UTC, the crew behind Revuto will do a dwell occasion on Youtube the place they’ll announce the opening of the primary Public token sale on Cardano.
Plenty of main blockchain traders participated within the non-public spherical which precedes the general public sale for Revuto’s native REVU token on Could 18. BlackDragon VC led the spherical, which additionally attracted a number of angel traders. On account of intense demand for allocation, Revuto was in a position to shut its non-public spherical within the house of every week.
“We’re grateful to our non-public traders, together with BlackDragon, for believing in Revuto’s crew and tech, and for sharing our imaginative and prescient of creating crypto spendable in on a regular basis life. Having the precise funding and traders that again our long run imaginative and prescient is essential, and thus we’re delighted to attain this milestone and are excited for what lies forward,” stated Revuto CEO Josipa Majic.
“With a big group having assembled round Revuto already and registered their curiosity in collaborating within the REVU token sale, the stage is ready for a profitable launch of the Revuto app. It will deliver crypto-powered subscription funds to a worldwide viewers, giving digital property the identical utility as fiat foreign money.”
In a press release, BlackDragon stated: “Revuto has proven unparalleled progress in a really brief house of time and we’re excited to affix its crew on this journey and help Revuto and its native REVU token.”
The primary decentralized app (dApp) to launch on the Cardano blockchain, Revuto will reveal the community’s capacity to help excessive transaction quantity at low price. Designed for the on-demand financial system, Revuto helps recurring funds for film and music subscriptions, family items, cosmetics, meals, and different forms of repeat billing.
The REVU token might be used to align incentives between contributors within the Revuto ecosystem and to unlock extra options and advantages. It would additionally present staking rewards and be utilized for microlending inside the Revuto dApp. The REVU public sale will happen on Revuto’s token sale platform on Could 18.
By leveraging Cardano native tokens and defi to pay for subscriptions, Revuto’s ecosystem is designed to save lots of folks cash no matter crypto market circumstances. Revuto customers can subscribe to companies utilizing the Revuto debit card, the built-in pockets helps Cardano-native tokens, and the accompanying app can be utilized to Block, Snooze or Approve subscription prices as they happen.
To turn into a part of the historical past and save your spot within the first token sale on Cardano, please go to https://crypto.revuto.com/.The general public token sale spherical is beginning on Could 18th, 8 AM UTC, when the primary traders in REVU tokens will get a particular shock from the Revuto crew.