Revuto, a blockchain startup from Berlin, Germany, has raised $1.7M to launch a new service that will allow companies to accept subscription payments in cryptocurrency via Stripe and Paypal. Stripe and Paypal are two of the world’s largest payment processors, and Revuto’s move to integrate with them is a significant step toward helping crypto payments become mainstream.
For years, the idea of a singular digital currency has existed in the minds of many people. However, the technology to make this a reality did not exist. Thanks to the efforts of the developers behind Cardano, this has changed. Cardano is a cryptocurrency, but it is not the only cryptocurrency. There are hundreds of different cryptocurrencies in existence, and many have the potential to vastly outperform Cardano. The Cardano team created a wallet where you can store, use, and trade your digital money. This wallet is called Daedalus.
For the last three years, Revuto has been building a platform that connects businesses with clients by using blockchain technology. This means that they can process payments, communicate, and track consumer interest in a private and secure manner. They are the first company to make cryptocurrency a viable option for ecommerce, and they have just raised $1.7 million in a Series A round of funding, which will allow them to expand their product to the public.. Read more about revuto coin and let us know what you think.Zagreb, Croatia, 18. May 2021, Blockchain startup Revuto has closed a $1.7 million private funding round to help develop a subscription payment solution with cryptocurrency. The app has also registered over a million subscribers in 14 days through its referral program. Tomorrow at 8am GMT, the team behind Revuto will host a live event on Youtube where they will announce the opening of the first public chip sale on Cardano. A number of leading blockchain investors participated in a private funding round that preceded the public sale of Revuto’s REVU token on the 18th. May comes first. BlackDragon VC led the round, which also included several angel investors. Due to the high demand for placements, Revuto was able to complete the private tour in one week. We are grateful to our private investors, including BlackDragon, for believing in the Revuto team and technology, and for sharing our vision of making cryptocurrencies accessible for everyday spending. It is essential that we have the right funds and investors to support our long-term vision. Therefore, we are happy to have reached this important milestone and look forward to what lies ahead, said Josipa Majic, CEO of Revuto. With a large community already gathered around Revuto and expressing interest in participating in the REVU token sale, everything is in place for a successful launch of the Revuto app. This will make subscription payments in cryptocurrencies available to a global audience, and the digital assets will have the same utility as fiat currency. In a statement, BlackDragon said: Revuto has experienced unprecedented growth in a very short time, and we are excited to join their team in this endeavor and support Revuto and its native REVU token. As the first decentralized application (dApp) launched on the Cardano blockchain, Revuto will demonstrate the network’s ability to support large volumes of transactions at low cost. Revuto is designed for the on-demand economy and supports recurring payments for movie and music subscriptions, household items, cosmetics, groceries and other types of recurring payments. The REVU token is used to align incentives between members of the Revuto ecosystem and unlock additional features and benefits. It will also offer a rate reward and will be used for micro-credit in the Revuto dApp. REVU’s public sale will take place on May 18 on the token-selling platform Revuto. O Revuto Using Cardano and Defi tokens to pay subscriptions, the Revuto ecosystem is designed to save people money regardless of the state of the crypto-currency market. Revuto users can sign up with a Revuto debit card, the built-in wallet supports Cardano tokens, and the accompanying app can be used to block, postpone, or approve subscription fees that are accruing. To be part of history and secure your place in the first Cardano chip sale, go to https://crypto.revuto.com/ . The public sale round of chips will begin on 18 May at 8:00 GMT, when the first investors in REVU chips will receive a special surprise from the Revuto team.
- Vedran Vukman
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Revuto, a payment processor for subscription businesses, raised $1.7M in funding. Revuto’s platform lets businesses offer recurring payments in crypto on the Cardano blockchain. This funding will enable Revuto to go to market with its technology and expand its commercial relationships with large enterprise customers.. Read more about revuto price and let us know what you think.Revuto, a payment processor for subscription businesses, raised $1.7M in funding. Revuto’s platform lets businesses offer recurring payments in crypto on the Cardano blockchain. This funding will enable Revuto to go to market with its technology and expand its commercial relationships with large enterprise customers.. Read more about revuto price and let us know what you think.
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