REVUTO - Subscription Management

Revuto is a subscription management solution connecting Cardano with fiat via Virtual Debit Cards

The app is allowing users to actively manage their subscriptions and save money by allowing them to Approve, Block or Snooze subscription charges as they occur. By paying their subscriptions with Revuto, users will earn rights to get rewards, cashback, and loans in Revutokens, and use them to pay for their subscriptions. For providing liquidity to loaners, Revutoken holders will earn a yield.
Revuto Team: CEO, Josipa Majic was a founder and CEO of an emotional analytics firm working for global banks. CTO Marko Rukonic was head of AI at Intuit (+20 years of experience in Silicon Valley) and, COO Vedran Vukman is an early crypto adopter and investor.

The plan is to base the Revuto service completely on the Cardano network but we need to tackle each phase individually.

Phases that we are planning to have:
- introduce Revuto app to the public
- mint first REVU Native Tokens on the Cardano network
- introduce ADA/REVU pair
- introduce \>>> REVU token sale on Cardano (announcing soon)
- allow users to deposit Revu Native tokens to their Revuto App
- allow users to get rewards in Revu tokens based on the referrals they make
- allow users to get cashback in Revu tokens
- get yields on Revu tokens when providing liquidity to the protocol
- move the logic to Plutus (Goguen release)
- legal work to comply with regulators

How we measure success:
- number of Revuto App users
- number of unique token holders
- number of daily/weekly/monthly active users
- number of transactions done via the Revuto platform
- total liquidity of the protocol
- number of debit cards issued
- number of microloans executed on the platform
- number of unique addresses using Revuto smart contracts (Goguen release)
- number of smart contracts execution (Goguen release)

> Our objective is to onboard a large number of users to the Revuto app. This will be both Cardano users but also users that did not necessarily have any exposure to crypto.

> Revuto will allow its users to both keep track of their expenses but also benefit from micro-lending to manage their cash flow or when a user requires liquidity to pay for its subscriptions.

> At the moment our focus is on subscription payments only but later, we'll cover other recurring payments like utilities to be paid with virtual debit cards holding fiat and Revu tokens.

> Revuto app is under development for more than a year. The plan is to use funds from the grant to launch the Revuto app and Revuto token sale in June 2021.