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Croatian Blockchain Startup Revuto Raises $10 million via First Token Sale on Cardano Blockchain Platform

01/06/2021

Revuto, a Croatian startup that aims to revolutionize the subscription management process through decentralized finance and the first crypto-driven solution leveraging the Cardano blockchain platform, has recently completed its final round of the REVU token sale.

After the recent success of the app recording 2 million sign-ups over three weeks and concluding a $1.7 million private round to support its development of a crypto subscription payment solution, Revuto’s public token sale rounds reached their sale caps and sold out in record times through Tier 1, Tier 2, and Community Token Sale after the official Revu tokens were made available for sale on May 18, 2021.

This recent event is pioneering for the crypto community, as Revuto is the first decentralized application to launch on the Cardano blockchain, therefore making the REVU public token sale one of the first token sales of its kind.

Commenting on the recent events, Partner Nemanja Žunić noted:

“Blockchain technology has the potential to revolutionize the manner we engage our private and business transactions online. I believe Revuto is on the right path to reinvent the subscription economy with their visionary approach, and we feel fortunate to be a part of the team that is at the forefront of innovations in the cryptocurrency space.”

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