In the first-ever public token sale on Cardano, Revuto raised 10M USD.
We reached our goal in record times:
Early bird Tier 1: under 30 minutes;
Early bird Tier 2: 18 minutes;
Community sale: 42 minutes!
As the Revu tokens reserved for the Token Sale (32% of the total supply) were sold in record time, many investors didn't manage to participate in the Revuto Token Sale. Now everyone is waiting for the listings. With the direct support of IOHK and the Cardano Foundation, we managed to build the most prominent community within Cardano, with more than 2.5 Million early signups!
Starting from September (depending on the TS round), we’ll begin releasing Revu tokens in supply (check the release schedule in our whitepaper), and that’s when we need to provide the liquidity for REVU tokens on exchanges.
In general: Revuto helps people manage and pay for their subscriptions by leveraging crypto and defi services. The end goal is to help users manage their subscriptions, avoid free-trial traps, and save money by paying less than they would with fiat money. The market is vast because, on average, we all use and pay for at least 2-3 subscriptions every month. As the subscription economy is growing by 100% year over year, we’ll spend even more money on subscriptions in the future and lose cash on subscriptions we don’t use and/or forget about.
More importantly, with Revuto dApp and by staking REVU in liquidity pools, Revuto users will be able to provide liquidity to other Revuto users on the subscription due date(s) and make their money work for them (earn yield).
In the meantime, you can check our channels:
🗣 Telegram General Discussion - https://t.me/getrevuto
🗣 Telegram Official Announcements channel - https://t.me/revuto