AMA Recap Crypto Library with REVUTO
On 16th September 2021, REVUTO conducted an
AMA in the Crypto Library Community. Our guest is Vedran Vukman. Lots of
questions as usual from the Community about REVUTO progress. The REVUTO team
took part in a very interesting AMA session which included
introductions, questions from twitter, and a live AMA session with the
Crypto Library community. If you missed the AMA in person, read this
recap for a deeper insight into REVUTO.
Let’s take a look at the most interesting points of our conversation.
INTRODUCTION
Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?
Vedran Vukman (REVUTO) : I’m CEO and cofounder of https://revuto.com,
a service (mobile app) that is helping people manage and pay for their subscription charges.
By doing so, we’re intorducing them with crypto what will allow them to save their money by leveraging crypto and Defi setups to pay less for their subscription charges than they would pay them with their FIAT money.
By doing so, we’re intorducing them with crypto what will allow them to save their money by leveraging crypto and Defi setups to pay less for their subscription charges than they would pay them with their FIAT money.
In short, we’re here to help people save their money when it comes to subscriptions.
FIRST SEGMENT (HOST)Crypto Library Team : What is REVUTO? and how does it work?
Vedran Vukman (REVUTO) : Revuto is a dApp that is allowing people to use Revuto Virtual Debit cards which they can use instead of their own (personal) debit/credit to subscribe with service providers. Those cards, among others, can be topped wit our crypto token built on Cardano which we call REVU.
Revuto allows users to take full control of their Revuto Viurtual Debit Cards to save them from thins like free-trial traps, or any other unwanted subscription charges. So, even if they forget to unsubscribe before fre-trial ends, with Revuto our users won’t be charged.
Additionally, we allow them to easily Block, Snooze, or Approve any subscription charge as it occurs. By blocking, you simply avoid paying for the next month so you can control the seasonality of your services. For instance, why to pay to Netflix for than next month if you’ll be on vacation, travel somewhere and you won’t be using it.
Revuto allows users to take full control of their Revuto Viurtual Debit Cards to save them from thins like free-trial traps, or any other unwanted subscription charges. So, even if they forget to unsubscribe before fre-trial ends, with Revuto our users won’t be charged.
Additionally, we allow them to easily Block, Snooze, or Approve any subscription charge as it occurs. By blocking, you simply avoid paying for the next month so you can control the seasonality of your services. For instance, why to pay to Netflix for than next month if you’ll be on vacation, travel somewhere and you won’t be using it.
The same as Blocking, at one point you can easily Unblock payments to particualr service and continue using service.
By Snoozing you can actually postpone payment to particular service provider because some of them allow you grace period during which you can still use their service eventhough you didn’t pay them on due date. That alone will help our users to maximize thair cashflow potential.
By Snoozing you can actually postpone payment to particular service provider because some of them allow you grace period during which you can still use their service eventhough you didn’t pay them on due date. That alone will help our users to maximize thair cashflow potential.
Crypto Library Team : What are the special features and advantages does REVUTO want to offer?
Vedran Vukman (REVUTO) : We’re the only active subscription management service that can actually control recurring payments towards merchants. We issue Virtual Debit Cards and we allow people, alongside management (Block, Snooze, Approve), ability to leverage their crypto assets and Defi services with subscription charges.
For instance, alongside using REVU to pay for the subscriptions, With REVU people will be able to provide liquidity to other users that don;t neccessery have funds to pay for their subscriptions on a due date. Those who will borrow funds will borrow them from liquidity pools and pay fee to those who will be staking REVU into those pools.
But the main advantage is the whole setup that incentivizes people and their friends to use REVUTO for subscription payments.
But the main advantage is the whole setup that incentivizes people and their friends to use REVUTO for subscription payments.
We have awesome Referral Program that is allowing users to receive a passive income in REVU whenever their referred friend makes a payment with Revuto. Premium users will be getting 4% cashback in REVU for every payment they make with Revuto Virtual Debit Cards and so on.
all together, many adavntages and unique features.
all together, many adavntages and unique features.
Crypto Library Team : Please tell us about $REVU token! What are the token use-case, distribution, and also where we can buy it?
Vedran Vukman (REVUTO) : Revu token is a Cardano native token built into our setup to help people pay for their subscriptions less than they would pay them with FIAT.
We use it to incentivise the whole setup trough chachback, Referral program, staking program, vouchers and other rewrds.
32% of all REVU was reserved for our ICO which went pretty successful in May. We managed to sold out all tokens (10M USD) in minutes.
Also, it was the first public token sale on Cardano network.
Now we’re getting ready to release first tokens to our investors within our Revuto app which is already available for iOS and Android. Still, due to very high demand, to be able to use it, you’d have to use somebodys invite (referral) code. So far 2.5M people signed up to get Revuto app early. From August 1st we let more than 120K users to register with Revuto.
53% of total REVU supply will stay in the company for the next 4 years during which the company we’ll be releasing 20% of that every 9 months or so. After that the whole setup will be fully decentralized.
🚨To learn more about it, check our whitepaper!
oh yes - UNFORTUNATELY >>> REVU can’t be bought before listings on exchanges what shuld happen by the end of this month or early October. We have some great announcements ready regarding exchanges so be ready.
We use it to incentivise the whole setup trough chachback, Referral program, staking program, vouchers and other rewrds.
32% of all REVU was reserved for our ICO which went pretty successful in May. We managed to sold out all tokens (10M USD) in minutes.
Also, it was the first public token sale on Cardano network.
Now we’re getting ready to release first tokens to our investors within our Revuto app which is already available for iOS and Android. Still, due to very high demand, to be able to use it, you’d have to use somebodys invite (referral) code. So far 2.5M people signed up to get Revuto app early. From August 1st we let more than 120K users to register with Revuto.
53% of total REVU supply will stay in the company for the next 4 years during which the company we’ll be releasing 20% of that every 9 months or so. After that the whole setup will be fully decentralized.
🚨To learn more about it, check our whitepaper!
oh yes - UNFORTUNATELY >>> REVU can’t be bought before listings on exchanges what shuld happen by the end of this month or early October. We have some great announcements ready regarding exchanges so be ready.
Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?
Vedran Vukman (REVUTO) : As explained, now we’re waiting exchanges to list REVU. We did some amazing partnerships and now we’re waiting their green light to start promoting it. It was hard because of tye technical implementation of Cardano native token with exchanges. That’s something new to the crypto ecosystem.
Around the same time, the new app update with the Cardano wallet will be out. The next app update allowing Virtual Debit Cards will follow in November. Defi setups early next year.
Still, among those things, we recently introduced our R Fund for the Cardano projects.
https://getrevuto.medium.com/revuto-launches-r-fund-a-2-million-dollar-fund-for-projects-on-cardano-b5943fd52da3
Also, we’re getting ready to integrate support for the Revuto NFTs within our app.
https://getrevuto.medium.com/revuto-nft-app-integration-is-coming-soon-9e026583e241
Altogether, many cool things are coming.
Still, among those things, we recently introduced our R Fund for the Cardano projects.
https://getrevuto.medium.com/revuto-launches-r-fund-a-2-million-dollar-fund-for-projects-on-cardano-b5943fd52da3
Also, we’re getting ready to integrate support for the Revuto NFTs within our app.
https://getrevuto.medium.com/revuto-nft-app-integration-is-coming-soon-9e026583e241
Altogether, many cool things are coming.