Revuto Launches R Fund, a $2 million dollar fund for projects on Cardano!

4 min readSep 8, 2021

In recent blogs, we teased some big news from our co-founder Josipa Majic, and it’s safe to say the cat is now well and truly out of the bag.

At the Infobip Shift conference in beautiful Zadar, Josipa held court before an audience of fintech and crypto enthusiasts and announced that Revuto is launching a $2 million fund for Cardano projects, known as R Fund!

So, what is R Fund and what can you expect from Revuto moving forward?

Introducing the R Fund

R Fund is a special crypto fund entirely dedicated to supporting projects and companies that, like us, are building on Cardano’s fast-growing blockchain.

Aiming to become one of the biggest community-builders on Cardano, Revuto is committed to the cause — and that’s why we’re putting our money where our mouth is, pledging a cool two million dollars to bootstrap fellow creators.

The R Fund offers talented builders a wealth of support — and not just financial either. As well as much-needed capital for project development, Revuto is offering:

Support and joint marketing efforts
Support from it’s own community and big user base
Help with launching an ICO on the Revuto Launchpad
Hackathons
Permanent RFP (Request for Proposals)

To be clear, the R Fund isn’t about signing a check and letting a project do its thing. It’s about investing in promising companies, projects and people that are building out the Cardano ecosystem, and providing mentorship along the way. After all, a rising tide lifts all boats.

Revuto has had plenty of success thus far —through ICO, we raised $10 million in minutes, welcomed more than 2.5 million early sign-ups, and launched our app to considerable fanfare. The R Fund is our way of giving back. We want to do everything in our power to ensure users can take advantage of the tremendous benefits Cardano has to offer, not just in terms of its thriving developer ecosystem but also its lightning-quick confirmation times, cheap transaction fees, and scalability.

Josipa described the R Fund as “your first ticket prior to an ICO.” To that end, Revuto is committed to investing in picks-and-shovels infrastructure and projects that can deliver superior UX to users, both those who are new to Cardano and old hands who already know what the network’s all about.

Soon, Revuto will introduce a dedicated web page for its R Fund where you’ll be able to learn more about the fund and how to apply so stay connected!