The all-in-one payment protocol Revuto (REVU), a dApp based on Cardano registers a million sign-ups for its testing program. Revuto is a payment protocol that utilizes the functionality of Cardano (ADA) smart contracts for retail use cases. Cardano Based dApp Revuto Raises Fund From Blockchain Investors The team behind the Cardano-based Revuto dApp shared the details regarding the private funding round from blockchain investors and the plans of the team for a public sale of Revuto (REVU). In accordance with the press release, the application has managed to raise $1,700,000 from major venture capital funds and angel investors in a week. Discussing further the funding round, it was led by Black Dragon, a blockchain investment team that is backed by the community. In addition to this, the representatives of the application revealed that due to the increase in demand for allocation, the private funding round was closed earlier than it was scheduled. Josipa Majic, the CEO of Revuto, confirmed that the funds raised recently will be helping her team to catalyze the greater adoption of subscription payments based on blockchain. She said: “We’re grateful to our private investors, including BlackDragon, for believing in Revuto’s team and tech, and for sharing our vision of making crypto spendable in everyday life. Having the right funding and investors that back our long-term vision is crucial, and thus we are delighted to achieve this milestone and are excited for what lies ahead.” REVU Tokens to Save Subscribers With Revuto, the subscribers will be paying for the services using the native token of Revuto, REVU. This will be allowing the users to personalize their subscriptions with a broad variety of vendors and spend only what they want to spend. Every user who uses Revuto can determine when and how they are going to pay for the subscriptions and most necessarily what they are paying for by using Revuto for those payments.
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