Cardano Summit, VDCs & Idea Catalyst - first step to support Revuto!
Following the recent US election results, the crypto market started making significant positive movements. BTC recorded a new ATH with a price of over $93,000, and the ADA price skyrocketed to $0.6. This was all a great introduction to entering the next crypto bull market, which may be bigger than ever for the altcoins, and Revuto is getting ready for it.
Without further ado, let’s jump into a few important topics, considering all of us involved with Revuto!
With the end of the year approaching, Idea Catalyst announced a new round of funding for the prominent Cardano projects — Fund 13. For the first time, all ADA holders with more than 25 ADA in their wallets can register to vote and support their Cardano projects to get funding to build new products and product features on Cardano.
In that regard, we would be delighted if you could vote for Revuto and help us secure funds for the next two products we plan to introduce to the Revuto App to help us get more users and consequently help Cardano grow its adoption.
How to vote?
We have prepared a simple guide on how to become a Catalyst Fund 13 voter and register your wallet to vote for Revuto proposals in Fund 13.
Besides securing more than 50M ADA for top Cardano projects to build on Cardano and promote the Cardano ecosystem, the most significant change in the voting process for Fund 13 is that the minimum amount required for voting has been lowered to only 25 ADA.
We believe the decision to lower the amount needed to cast a vote is a significant step forward to decentralizing the Cardano ecosystem and decision-making because now, almost anybody can vote to support their projects and make a difference. Please register your Cardano wallet before November 20th to become eligible for voting, as the voting power snapshot (the amount of ADA you hold) is scheduled for that date!
Voting starts on the November 28th and will be open until the December 12th.
Why to vote?
After successfully securing funding from Fund 12 (a big thank you to all who voted for us with more than 200M ADA), Revuto announced the launch of its Virtual Debit Card program, supporting Cardano tokens for subscription payments during the Cardano Summit 2024 in Dubai. To build and launch the product, Revuto secured funding of 380K ADA divided into six installments (milestones), from which we received funds for three. So far, since Idea Catalyst started onboarding projects into Fund 12 in September, Revuto has always been on time with successfully providing proof of achievement for each milestone. Encouraged by the success of the recent voting from Fund 12th, support from the Cardano community, and the exposure we received by securing the funding for the amazing products we built, we applied for Fund 13 with two new proposals.
The following two products we plan to promote to the Cardano community and secure funding from Cardano will bring groundbreaking features to Cardano. Still, to bring those products to the market as soon as possible and catch up with the crypto market going up, which will help Revuto users profit from holding REVU tokens, we need your help. But again, to help us with your votes, you need to become a Catalyst Fund 13 voter.
Our team will start explaining the significance of the products described in proposals 1 and 2 in the upcoming days.
Idea Catalyst Proof of Achievement
During the Cardano Summit in Dubai, Revuto launched a core feature, Virtual Debit Cards (VDCs), to a limited number of users to test the product before we can officially launch it within the EEA and UK. The first users have already started issuing the VDCs to actively manage their subscription payments with the Revuto app.
If you are eligible to test the issuing of the Revuto Debit Cards (UK or EEA citizen) in partnership with VISA, please email support@revuto.com so we can enable the cards for you.
Cardano Summit 2024
As in all previous years, the Revuto team actively participated in the most significant event for the Cardano ecosystem, called the Cardano Summit. This year, the event was held in Dubai, in the same city as the year before, but this time, Revuto was one of the main sponsors, which allowed us to have a booth and hold a 45-minute masterclass to promote the Debit Card Program. During the summit, our team used the opportunity to explain what Revuto is and its plans to bridge the gap between crypto and fiat to help people save money doing real-world business activities, such as paying for their subscriptions for a start. Additionally, to further prove our relevance for the Cardano ecosystem growth, joined by other great people from the crypto space, our CEO, Vex, participated in the hot panel “Does Liquidity Bring Users Or Do Users Bring Liquidity”.
Revuto and VISA
Revuto announced its debit card program in partnership with VISA during the Masterclass, which Revuto held on Day 1 of the Summit. In front of brilliant minds from the web3 space and media partners, our CEO explained how the VDCs work and what to expect from the product in 2025 when Revuto, with the help of VISA, plans to bring a significant number of users to the Cardano ecosystem and use Cardano blockchain and Cardano tokens to pay for their subscriptions.
Read our CEO’s more detailed overview of the Summit.
As in previous years, we are very proud to have participated in the Cardano Summit, where we met many new, relevant, and exciting people from the industry and spoke with good old friends building on Cardano. Despite the crazy 9-day schedule in Dubai, the team successfully exercised all important tasks for the Summit and is now back on track to getting us ready for 2025, when we plan to launch all the important product features to kickstart the REVU token economy and our business revenue streams.
Vote for Revuto!
Again, to vote for Revuto in Catalyst Fund 13, click here and register as a voter. Since there are only a few days left (the application process closes on November 20th), we urge you to do it immediately. To you, it will take only 10 minutes to register and help us offer the next great products to the world for years — Become a Catalyst Fund 13 voter!
Your Revuto Team
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