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07/06/2022

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Revulution: Revuto partners with CNFT.IO

It is with great pride that Revuto can announce our latest partnership. We have teamed up with CNFT.IO to create a marketplace where our users can buy and sell Revuto NFTs.

Revulution: Revuto partners with CNFT.IO

It is with great pride that Revuto can announce our latest partnership. We have teamed up with CNFT.IO to create a marketplace where our users can buy and sell Revuto NFTs.

Why CNFT

Given that CNFT.IO is one of the largest NFT platforms in the Cardano ecosystem, they were the obvious choice of partner. They have been trailblazers in the NFT space since launching in July 2021 before the Cardano blockchain even had smart contracts and have continued to grow and innovate ever since.

In addition to their ground-breaking marketplace, they provide a launchpad for new NFT projects and a rewards program that gives 5% of the transaction fee as “cashback” to a user (paid in $CNFT tokens) when an NFT is bought or sold on their marketplace.

Revuto’s goal to build a super app helping people save or even earn money by actively managing (being able to Block, Snooze or Approve any subscription payment) their subscription payments are now being supercharged with issuing Revulution NFTs — NFTs with a real-world utility.

According to NatWest Bank, in the UK alone, £25 billion is wasted yearly on unused subscriptions. Revuto and CNFT.IO will allow people to take control of their subscriptions by subscribing via NFTs to stop losing money on unused subscriptions.

What are Revulution NFTs?

Once purchased, a Revulution NFT will allow its owner to get a free subscription for Netflix or Spotify. As long as the Revuto user will hold the NFT in the Revuto app, Revuto will be topping up his virtual debit card to pay monthly charges to Netflix or Spotify. The setup will allow Revuto users to save money on their subscription and earn money by selling the NFT to others once they get tired of their subscription. In the case of selling the NFT, the new owner of the NFT will get a new virtual debit card to use with his Netflix or Spotify, Revuto will be topping up the card to cover the users monthly subscription charges, while the old virtual debit card from the old NFT owner will become inactive.

Revuto will offer a limited number of Revulution NFTs for purchase via the CNFT.IO marketplace. “In CNFT.IO, we have the perfect partner to continue our mission to help people stop wasting their hard-earned cash on unused subscriptions,” says Vedran Vukman, CEO of Revuto.

From 11th July 2022, an official opportunity to get free Netflix or Spotify for a lifetime begins with a limited number of Revulution NFTs for $349 each. The number of NFTs offered for purchase via the CNFT.IO NFT marketplace will depend on demand of buyers from the crypto world. In addition to NFT marketplace(s), Revuto will offer Revulution NFTs via the revuto.com web page, where non-crypto users and people who just started exploring crypto and NFTs can also purchase them using their debit or credit cards. Still, the total number of Revulution NFTs for purchase is set at 10k. It is important to emphasize that all NFTs purchased on CNFT.IO will automatically become tradable from the moment you buy them.

Stay tuned to our social media channels to discover how you can participate in our joint AMA with CNFT.IO, where we will answer any questions about our partnership, Revulution NFTs, and both platforms.

Download the Revuto app from the App Store, Google Play, or Huawei AppGallery.

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ORIGINAL SOURCE

https://getrevuto.medium.com/revulution-...

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