Revuto is an active subscription management dApp built on Cardano to help people save money on their subscriptions. In May, through ICO, the company raised $10M in minutes and has received 3 million early sign-ups for the app until today. Starting from August, more than 300k users worldwide registered with the app making Revuto the fastest growing fintech startup in the world. As a result, Revuto won the award for the fastest-growing consumer product at the recent World Blockchain Summit in Dubai.
At the moment, the company is preparing to launch its Virtual Debit Cards to manage subscription seasonality and allow users to pay for their subscriptions with Cardano native tokens.
Later in the year, Revuto will introduce Defi services to help people pay for their subscriptions less than they would pay them with FIAT money. In that regard, one of the most significant announcements will be the launch of liquidity pools for micro-lending and borrowing. The setup will allow Revuto users to provide liquidity to other Revuto users and earn yield. In contrast, others will be allowed to borrow funds from those pools to pay for their subscriptions even if they don't have the funds to do so.
Most importantly, the ecosystem and tokenomics are designed around the real-world use case that allows Revuto's cutting-edge blockchain product to stay sustainable regardless of crypto market conditions.