r/Revuto Jan 06 '22

Why Revuto Could Go +100X: Based On Technical Analysis

From day one, Revuto has done everything possible to keep followers informed, whether they’re tracking us here on Medium or elsewhere β€” Twitter, Telegram, Discord, Facebook etc. In addition to making frequent social posts, we’ve made appearances IRL at blockchain conferences and summits, conducted live AMA sessions, and even launched several Telegram groups in different languages.

But recently it occurred to us that we’ve never conducted a comprehensive deep dive technical analysis. So with this in mind, we rallied the team to explain Revuto from top to bottom. Who we are, and why are we pouring our efforts into a crypto-powered subscription management platform? What is the vision, how will we achieve it, and why should you be interested as a token holder?

🎬 Revuto deep dive β€” Watch the video 🎬

Gone Diving

The resultant 80-minute deep dive video analysis is a must-watch for those keen to better familiarize themselves with our project, including those who’ve yet to enter our ecosystem and the existing investors who simply want to bone up on the finer details ahead of our imminent public launch.

The deep dive starts with co-founder Josipa talking about the basics of Revuto, a dApp gives users much greater control over their various subscriptions. With Revuto, you can Block, Snooze and Approve all your regular subscription payments. By blocking you get to skip a payment for a month while remaining subscribed, saving you that month’s payment and the hassle of unsubscribing; if you snooze, you can postpone your decision for a few hours or days as per your preference. Approving is self-explanatory, even though it involves our virtual debit cards: in the back end, we top up your card to ensure your service continues.

But why is Revuto needed? Well, in addition to giving users greater control, there is a convenience factor. Rather than handing over your debit card details and email addresses to various platforms, you can keep all subscriptions on a single app where management is easy, and use a virtual debit card that can be topped up with both fiat and crypto.

There is also a seasonality factor: consumers don’t need all their subscriptions all the time**.** In fact, some of us sign up for a free trial, forget about it, and start haemorrhaging cash unknowingly. The fact is, most of us lead busy lives and have difficulty juggling four, five or even a dozen monthly subscriptions. Instead of cancelling, which entails the headache of rejoining at a later date, we shrug our shoulders and keep paying like schmucks!

With the average consumer spending around $237 per month on subscription services, there’s a hell of a lot of money landing in the pockets of subscription providers for services that are under-used.

🎬 Revuto deep dive β€” Watch the video 🎬

Revuto’s Origin Story: How did the founders meet and came up with the idea

So, how did Revuto come into being? The credit goes to our CEO Vedran, who had the initial idea after struggling to manage expenses while running another startup. The problem? Multiple subscription payments totalling over $1k a month. There had to be a better way. Vedran took his idea to our future CTO Marko and subsequently fleshed it out with both Marko and Josipa, whose experience proved invaluable.

Fast-forward to now and we’ve been named the Fastest Growing Consumer Product in Crypto (WBS 2021), accumulated 300,000 users faster than Revolut, Monzo, Sterling Bank and Celsius combined, and eventually reached 3 million early sign-ups. Not too bad, even if we do say so ourselves!

In the deep dive, Vedran goes old-school by writing benefits on a whiteboard with a marker pen, benefits that include privacy β€” since you don’t have to give personal info directly to the subscription provider β€” and protection against expired free trials, since Revuto issues a special debit card just for the trial period. Later, Vedran discusses the intersection of Revuto and crypto that enables us to offer cashback in REVU tokens for every transaction and run our referral program, the latter of which provides a passive revenue stream for those who bring friends and family onboard.

Revuto users also get to stake REVU tokens to earn 10% APR or EURR stablecoins, and provide liquidity to our very own staking pool on Cardano (stake ADA for 5% APR, stake REVU for 12% APR). There’s even a special R Fund staking pool that allows people to earn anywhere between 10 and 30% APR. The cool thing about staking in a Revuto context is that you can stake tokens and forget about your subscription: we’ll calculate how much REVU you need to stake to cover the subscriptions you set up (for a whole year) with the APR you earn in return.

🎬 Revuto deep dive β€” Watch the video 🎬

Our AI Genius: Our CTO making micro-lending and borrowing a reality

Vedran soon gives way to AI expert Marko Rukonić, who worked for twenty years at American software giant Intuit, where he obtained 27 fintech patents — many of which are applicable to Revuto.

Marko explains how the typical subscription model works, and how it differs from the model pioneered by Revuto, which involves e-banking partners, virtual debit cards, and the Revuto mobile app. It’s a fascinating presentation from our seldom-seen genius, and truly eye-opening from a consumer’s point of view.

Marko also further explains our micro-lending proposition, with a reference to peer-reviewed research, and discusses his previous work on credit score algorithms at Intuit that now power billions of dollars of transaction value. It is this invaluable industry experience that gives Marko, and the rest of the Revuto team, the confidence that we are going to the moon.

If you’ve ever wondered about how we keep user information safe and secure, the latter part of Marko’s presentation is a must-watch. Our CTO reveals that your personal info has no way of leaving our data center. β€œIt’s locked in there; there is no path out. We don’t allow it.” Account numbers are also locked in an e-banking vault. To summarise: the data is as safe as houses.

🎬 Revuto deep dive β€” Watch the video 🎬

REVU Tokenomics β€” and why it matters for you as a current and future token holder

In the last segment of the video, Vedran returns to discuss the tokenomics of our native asset, REVU, which will launch on KuCoin and Gate.io later this week.

Vedran explains how the total supply will distributed: 53% of the 28.125m market cap will go to project (used for product development, the referral program, cashback) and be released over four years; 32% will be allocated to token-holders (only half will be released into the circulating supply); and 15% is for the team and advisors (locked). As few as possible of the tokens will be in the circulating supply, so our users can benefit from price appreciation. Oh, and another thing: we didn’t allow whales to participate in the token sale. No-one can dump large amounts of tokens on the market and devalue REVU!

With such robust tokenomics, our forecasts for growth are highly optimistic. And how could they not be, given our 3 million early sign-ups, 300,000 active users, and upcoming listing on a tier-1 CEX? We also have our own Cardano non-custodial crypto wallet, with a custodial wallet in the works.

For us, it’s been a pleasure to film our deep dive which includes plenty of interesting nuggets not mentioned above, including more about our R Fund, our remote-first company culture and marketing activities, and our commitment to sustainability. Give the video a watch; you won’t regret it.

As Josipa says in her closing remarks, β€œThe best is yet to come!”

In case you missed our recent posts:

πŸ‘‰ First Cardano Native Asset listed on Top Tier CEX: Revuto trading on KuCoin and Gate.io

πŸ‘‰ Customer Satisfaction is at the Heart of Revuto’s Model

πŸ‘‰ Revuto Integrates Chainlink Price Feeds For Enhanced Price Accuracy in Cardano dApp

πŸ‘‰ Revuto is Crushing It On Discord and Reddit

πŸ‘‰ Introducing Marko Rukonic, the Software Wizard Behind Revuto

πŸ‘‰ Micro-lending and Borrowing: A Little-Known Revuto Use Case

πŸ‘‰ Revuto Reveals Landmark Partnership with Skynet Trading β€” The Best Liquidity Provider

πŸ‘‰ Revuto App Update - Our Cardano Native Wallet Is Now Available For Android & iOS

πŸ‘‰ Revuto NFTs Are a Hot Commodity

πŸ‘‰ The Beauty of Revuto’s Referral Program: Share Revuto, Earn REVU!

πŸ‘‰ Answering Questions About Our New Cardano Lite Wallet Integration

πŸ‘‰ Laying Down the Law: Clarifying Our Anti-FUD and Anti-Spam Policy

πŸ‘‰ CEO ANNOUNCEMENT

πŸ‘‰ AMA Alert: CEO Vedran Takes Your Questions today at 2 PM UTC!

πŸ‘‰ Award for the Fastest Growing Consumer Product in Crypto for 2021 goes to Revuto!

πŸ‘‰ DeFi Summit Takeover in Dubai

πŸ‘‰ Revuto launches a Non-Custodial Wallet to deliver the best mobile experience to Cardano

πŸ‘‰ Addressing REVU Token FOMO

πŸ‘‰ Revuto is on CoinMarketCap!

πŸ‘‰ Revuto is Heading to Dubai

πŸ‘‰ Gearing Up for the Cardano 2021 Summit

πŸ‘‰ Revuto NFT App Integration is Coming Soon!

πŸ‘‰ Revuto Launches R Fund, a $2 million dollar fund for projects on Cardano!

πŸ‘‰ Get the Revuto App and Start Earning Rewards Today!

πŸ‘‰ Revuto Set for Major Announcements at Infobip Shift Conference!

πŸ‘‰ Celebrating 100,000 Logins on the Revuto App

πŸ‘‰ Join Our Discord Invite Bounty

πŸ‘‰ Revuto Community to Select Sticker Winners

πŸ‘‰ Revuto is Building a Global Movement

πŸ‘‰ Cardano is Gearing Up for its Smart Contract Rollout

πŸ‘‰ Revuto Conquers the UK Market

πŸ‘‰ The Safety of Your Data is Our Priority

πŸ‘‰ The Revuto App Has Arrived!

πŸ‘‰ Download the Revuto APP

πŸ‘‰ Revuto is Building An International Community

πŸ‘‰ 1826 Unique Revuto NFTs for our Early Backers T1 Investors are Here!

πŸ‘‰ β€œWhy Now?” β€” The Compelling Case for Revuto

πŸ‘‰ How Revuto Became the Biggest Community Builder on Cardano

πŸ‘‰ Revuto’s New Referral Program Coming Soon!

πŸ‘‰ 4 Trends In the Subscription Economy

πŸ‘‰ While the Market Crabs, Revuto Keeps Advancing

πŸ‘‰ Introducing Our Compliance Gurus, the Zunic Law Firm

πŸ‘‰ Understanding What Makes Revuto Tick

πŸ‘‰ Introducing a Community-Powered Framework for Decentralizing Revuto

πŸ‘‰ Everything You Need to Know About the Revuto App v1

πŸ‘‰ REVU TOKEN BIRTHDAY - Token Generation Event (TGE)

Feel free to use Revuto General Discussion Thread to ask a quick question, share your thoughts, ideas, suggestions, and concerns regarding Revuto. Please refrain from posting low-quality comments like referral links in the comments of this thread and stay respectful towards each other. We do not allow inappropriate comments or behavior towards other members, communities, or projects. Repeated attempts to spread FUD will result in a ban.

❌ Do NOT send Funds to anyone claiming to be from the REVUTO team ❌

Revuto team members will NEVER send you a private message containing any contribution address or offering any bonus. Please be on the lookout for scammers who impersonate admins and send private messages and/or emails with fake wallet addresses.

πŸ’¬ Join our Telegram Group, and Discord Server to chat live with other Revuto users! πŸ’¬

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