Revuto Recognized as Fastest Growing Consumer Product in Crypto 2021 at World Blockchain Summit in Dubai

On Oct 14, 2021 at 2:37 pm UTC by · 3 mins read

Revuto platform boasts over 200,000 active users with over 3 million sign-ups who participated in the just-concluded referral program.

Revuto, a one-stop solution for all your subscriptions, has been awarded the fastest-growing consumer product in crypto for 2022 at the just concluded World Blockchain Summit (WBS) that took place in Dubai. The recognition was a major boost for the entire Revuto ecosystem that takes pride as the first token sale on the Cardano.

“To say that the entire Revuto team is thrilled would be an understatement. It is a wonderful validation of all the work we are doing behind the scenes. Of course, this would not have been possible without the unstinting support of our global community! Revuto is well on the way to becoming a global force, and receiving such recognition from our peers in the blockchain world is quite humbling”, said Revuto co-founder & SVP of Strategy & Communication Josipa Majic.

Notably, the Revuto platform boasts over 200,000 active users with over 3 million sign-ups who participated in the just-concluded referral program. By leveraging the blockchain and the crypto market, Revuto seeks to revolutionize the subscription market that has for long been tangled up.

Through the Revuto application, users can easily manage all subscriptions by either approving or blocking. “By using the Revuto app you can easily choose between your credit or debit cards to APPROVE a specific payment and to protect yourself of unwanted subscription charges,” the firm noted on its website.

Revuto and the Crypto Industry

The firm first came into the limelight after undertaking the first-ever token sale on Cardano. Additionally, the firm managed to raise $10 million from the token sale. Notably, Cardano has risen to one of the leading smart contracts following Ethereum consistent high transaction fees and low throughput.

Although the Ethereum ecosystem still leads the DeFi ecosystem with over $140 billion in TVL, the Cardano ecosystem is fast-growing and attracting key developers.

Revuto attended the World Blockchain Summit alongside other investors, government representatives, crypto enthusiasts, and different media outlets. The event was meant to showcase the growing popularity of crypto and blockchain technology in the Middle East and the South Asian region.

The crypto industry has grown to one of the leading markets by market capitalization and daily traded volume. According to market analytics provided by CoinGecko, the entire crypto market cap has risen to an all-time high of around $2.5 trillion. Moreover, the leading digital asset by market capitalization, Bitcoin, has rallied above $58k, thereby indicating a strong wave of a renewed bull market.

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