Picture the scene: Your friend starts banging on about some life-changing meditation app and you download it just to placate them. You add your card details to access the 30-day free trial and then promptly forget about it, since you’re really not into sitting still. Then the trial expires and you awaken to the realization that you’ve been charged $299 for a yearly subscription nobody warned you about. Not feeling so zen now, are you?
Odds are it’s happened to you before and it will happen again, because that’s how subscriptions work. Nearly a fifth of consumers never bother to review their subscriptions and, as a result, half are routinely paying for products and services they no longer use. And who can blame them; it’s hard to keep track of all the cards used and expiry dates for the glut of free trials and ongoing subscriptions.
A Better Way to Subscribe and Pay
Subscriptions don’t have to be suboptimal. In fact, with the right solution, enabling and maintaining your recurring payments can be a breeze, with no nasty surprises at the end of the month.
The Revuto dApp allows you to easily keep track of all your recurring payments in one place. A first of its kind application built on Cardano, it pairs with the Revuto debit card to support crypto payments. Revuto allows you to Approve, Block or even Snooze subscription charges whenever you choose.
With Revuto, you can actively manage all your subscriptions from a single dashboard. By paying them through the Revuto dApp, you’ll also get the opportunity to earn rewards, receive cashback, and apply for micro-loans paid out in crypto.
Understanding the REVU token
The REVU token is a multi-purpose utility token that’s native to the Cardano blockchain. It’s used to administer rewards through staking, as collateral for loans on Revuto’s decentralized micro-lending and borrowing platform, and to align incentives between different user groups across the Revuto dApp.
REVU can be stored, received, and transferred in the accompanying Revuto crypto wallet. Secure and simple to use, it supports any Cardano-based tokens, including stablecoins. The Revuto wallet has been designed to allow pre-authorized pull payments from other Revuto wallet addresses and to support direct authorization with service providers.
Why Revuto, Why Now?
The only thing growing faster than subscriptions are cryptocurrencies. At Revuto, we believe that crypto assets represent the future of finance. Blockchain-based digital currency is designed for transparency, ease of access, and provides users with complete control over their funds, making it an ideal fit for subscription payments.
Join the Revuto token sale on May 18 on Cardano and help us revolutionize the subscription economy.
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