The REVU Token Sale Platform Is Now Live

5 min readMay 16, 2021

We’re pleased to announce that the REVU token sale platform is now live. You can access it on the Revuto website via this link.

The product of extensive testing, UX refinement, and battle-hardening to support a high-demand token sale, the REVU platform is where you’ll have a chance to acquire Revuto’s native token on May 18.

Interest in the REVU token sale has been overwhelming, and we were taken aback by the level of demand. While this is a nice problem to have, it’s required us to take measures to strengthen the token sale platform, to ensure that it can handle the volume of traffic anticipated.

The Quest for a Fair Token Sale Model

With the best will in the world, it’s impossible to guarantee allocation to everyone who wants to participate in a token sale — especially one as oversubscribed as Revuto’s. We’ve done our best, though, to ensure everyone gets a bite of the cherry, and stands an equal chance of securing an allocation.

There’s been over 1 million sign-ups for the REVU token sale, a phenomenal number that has surpassed all expectations. Participation in the public sale will occur on a first come, first served basis as follows:

Early Bird Tier 1: Tuesday, May 18 at 8AM UTC, open for 36h.

Early Bird Tier 2: Thursday, May 20 at 8 AM UTC, open for 36h.

Community Sale: Saturday May 22 at 8 AM UTC, will last until end of the month.

Please remember that you must have completed KYC prior to the commencement of the REVU token sale in order to participate. You may attempt to participate in any or all of the token sale rounds, but please note there is no guarantee of an allocation.

Moreover, participants should enter the REVU token sale at their own risk and after undertaking their own due diligence. It is important to follow the rules for taking part in the REVU public sale as detailed here. Failure to do so could result in loss of funds or in exclusion from the token sale.

We’ve been working tirelessly to complete the REVU token sale platform and ensure everything is shipshape before the public sale kicks off on May 18. With the platform now operational, we’re poised to complete a successful token sale with the support of our community. See you on the 18th!

TOKEN SALE RULES

Please read the rules before joining the token sale:

◉ Please verify your account with KYC verification. If for any technical reason KYC verification prevents you from verifying your account, you may be able to verify your account shortly after the token sale ends.

◉ KYC is mandatory so we can verify your citizenship because citizens of some countries are not legally allowed to participate in our token sale. If you’re coming from restricted countries but you still send us your ADA, you may lose all ADA that you send to the address shown in your profile. Please, check the list of restricted countries below or at https://crypto.revuto.com/terms-of-use

◉ To participate in our token sale you must be 18+. You may lose all ADA sent to the address shown in your profile if you chose not to follow the rules of the REVU Token Sale.

◉ If you make a transaction and send ADA to the address shown in your profile but the amount is less or above the allowed amount for that round, your funds will be sent back minus transaction fees and one ADA.

◉ If you make a transaction and send ADA to the address shown in your profile but the round is not active (closed, oversubscribed), your funds will be sent back minus transaction fees and one ADA.

◉ You may participate in all three rounds of the REVU token sale unless the round is inactive or oversubscribed. Still, be aware that different rounds offer different terms under which you buy your REVU tokens.

◉ The setup for participating in the REVUtoken sale is set up on the FCFS (first-come, first-serve basis). Nobody can reserve a specific amount of REVU tokens.

◉ You can send your ADA for REVU from the ADA address of your choice but you need to send them to the exact address shown in your profile. Please, double-check the address before sending your ADA.

◉ We asked you for your ADA address only as a safety in case you won’t be able to download your Revuto app and receive your REVU tokens in REVU wallet in your Revuto app. At the moment, in your Profile on REVU Token Sale Platform you can put in any ADA address and change it at any time.

◉ When the conditions are met, all REVU tokens purchased during the REVU Token Sale and all REVU tokens collected within Revuto Referral program will be added to your REVU wallet in the Revuto app.

◉ The price for buying REVU in ADA will be calculated according to the market price of ADA at the moment of making the transaction. We‘ll track transactions and your exact REVU balance will be calculated accordingly.

◉ If you send your ADA outside the terms of this Token Sale you may lose your ADA or, if possible, wait for your ADA to return in a couple of days.

◉ No REVU tokens will be available for immediate trading on exchanges or for sending/receiving to others.

◉ The REVU balance is not the actual balance of REVU tokens on the Cardano blockchain but the amount of the REVU tokens you‘ll get to your Revuto app once the lockup period ends

◉ REVU tokens collected through the Revuto referral program and presented in your profile at https://revuto.com website are not connected with the balance of the REVU tokens bought in the REVU Token Sale. Both balances will be added to the balance in your Revuto app.

◉ The crypto address shown in your profile is the ADA DEPOSIT address to which you need to send your ADA in order to get REVU tokens

◉ For buying REVU tokens we accept only ADA

◉ Double-check everything

List of restricted countries for participating in the REVU token sale: