Whereas the subscription-based financial mannequin has enabled companies to faucet into fixed and predictable income streams, managing a number of subscriptions is rapidly turning into sophisticated for customers. On the identical time, companies are more and more (and deliberately) making unsubscribing tough, making it much more tough for customers to maintain a tab on their subscriptions and associated funds.

With the subscription economic system rising at a price of 100% year-over-year, the necessity for an end-to-end subscription administration resolution is at its tipping level. Blockchain startup Revuto just lately launched the primary dApp constructed on the Cardano blockchain within the subscription house to handle this ache. The Revuto dApp harnesses the ability of Cardano to supply customers extra management over their subscriptions and associated funds.

Taking its mission to unravel real-world issues utilizing blockchain know-how whereas accelerating mainstream adoption, the Revuto group has introduced the itemizing of its native REVU token on two of the main centralized exchanges. In accordance with the official assertion, the REVU token can be listed on Gate.io and KuCoin on the identical time on January 7, 2022, marking the primary occasion the place a Cardano-native asset lists concurrently on two distinguished exchanges.

Cardano-Native Token Brings A World Of Alternatives For Customers

With this CEX itemizing, retail customers will buy the REVU token by way of these exchanges, serving to Revuto dApp widen its buyer base. Utilizing the Cardano-native REVU token, customers will be capable to pay for his or her subscriptions utilizing crypto. The Revuto dApp additionally permits customers to approve, block, and snooze subscription companies and funds as and when wanted – all of it from a single dashboard. 

The REVU token can be on the coronary heart of the Revuto ecosystem, enabling customers to pay for his or her subscriptions or benefit from a number of yield technology alternatives, cashback, and rewards. It can be used as collateral to entry micro-loans on the Revuto dApp’s DeFi options like microlending and borrowing. Moreover its use for subscription funds and yield technology, the REVU token will play an important function because the Revuto ecosystem’s governance token by staking. 

Moreover, Revuto’s ecosystem is designed to be sustainable no matter crypto market circumstances, granting customers the added flexibility of managing and paying for subscriptions with out the fixed concern about volatility. Since its inception, the platform has already amassed a considerable person base, profitable the coveted award for the fastest-growing client product at Dubai’s 2021 World Blockchain Summit.

Commenting on the CEX itemizing, Vedran Vukman, CEO and co-founder of Revuto, feedback, “We’re proud to make historical past once more with REVU! After being the primary ICO, publishing the first Cardano lite pockets, and breaking information with our progress – we are actually the primary to checklist on tier 1 CEXs, KuCoin, and Gate.io. The method included a number of authorized openings for our utility token, from high authorized companies together with each US and EU laws, with audits being in course of and led by the worldwide chief blockchain safety.”