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Cryptocurrency News Articles

Revuto (REVU) to Launch Debit Card Program (Mastercard) Supporting CNTs During the Cardano Summit 2024 in Dubai

Aug 05, 2024 at 10:01 pm

Since we have been voted for the Idea Catalyst Fund12 (which will significantly boost the product development/launch/promotion) and the milestones

Revuto (REVU) to Launch Debit Card Program (Mastercard) Supporting CNTs During the Cardano Summit 2024 in Dubai

Revuto is excited to announce the launch of the Debit Card Program (Mastercard) at the Cardano Summit 2024 in Dubai with the support of CNTs.

After being voted for the Idea Catalyst Fund12, which will greatly enhance the product development, launch, and promotion, and considering the timing of the milestones aligns perfectly with the next Cardano Summit in Dubai in October, the team decided to make the big announcement during the event.

This marks the culmination of a long-awaited journey, and everyone is invited to join them in Dubai for a drink.

The exact timing and location will be announced later on.

In the meantime, you can expect more v3.x updates:

3.4.4 is coming now with bug fixes/improvements on the Revuto wallet (faster wallet loading, enabling token “Send” and “Stake” features, greatly improving user experience).

3.5.x will be released in about two weeks, adding the token swap feature to the non-custodial wallet.

3.6.x will come out in early September, adding the Deposit/Send and Swap feature to the custodial wallet. This will be a huge event for the Revuto ecosystem, finally allowing users to bring the most popular crypto-currencies to the Revuto ecosystem. With this update, 3.6.x will bring Revuto Staking Center to the custodial setup, unlocking staked ADA/REVU and referral rewards to the custodial wallet.

3.7.x will bring a multichain token-swap feature, allowing users to easily swap non-Cardano tokens from the custodial wallet for the Cardano token (CNT) on the Revuto non-custodial wallet and vice versa.

One of the most important things about the V4 will be the introduction of the Revuto Pro (paying) accounts. The V4 update will kickstart the $REVU token economy by creating demand for REVU via several products (debit-card top-up, unlocking Pro accounts by staking REVU, later “Stake REVU to subscribe,” “Buy Now, Pay later” buy “Subscription NFTs” with REVU, and other unique Web3 products).

Moreover, the V4 will also kickstart the main revenue stream — a SaaS business model. When we add other revenues into the mix, coming from charging small fees for Card top-up, token swap/stake/send, Buying Crypto with Cards, Buying/Selling e-vouchers, and similar, the company will have funds to buy back $REVU and reuse them to incentivize user growth via Cashback, Referral, and Staking rewards.

Please, do understand that all the above will come in steps to bring stability and sustainability to Revuto and $REVU token in the long run.

Follow our announcements for more info on the R token launch, which will bring you more value from using the Revuto app, especially on the Token Swap feature.

Follow our announcements for more info on the Project funding. Great news are coming soon!

The official X post, created by our CEO Vex, can be checked here (that got more than 30K impression in less than 4 hours)

We would appreciate your further likes and shares to make as much noise as possible with it!

Thank you for understanding what we’re building here and how, only with your help, we can achieve REVUTO’s goals together.

News source:cardanofeed.com

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Other articles published on Nov 24, 2024