Revuto

Halal Rating :
Comfortable
Last Price $0.0075 Last updated:
Rank 4022
1D Change -4.63 %
Market Cap -
Circulating supply 0
Maximum supply 280,125,000

Crypto Overview

Categories
  • Cardano Ecosystem

Project Overview

Revuto is a blockchain-based subscription management platform that allows users to manage, track, and pay for their digital subscriptions using cryptocurrency. The REVU token serves as the native utility token of the ecosystem, enabling users to pay for subscriptions, receive cashback, and participate in governance decisions.

Intended Purpose

The primary purpose of REVU is to facilitate subscription payments and management within the Revuto ecosystem. Token holders can use REVU for subscription payments, earn rewards for staking, and participate in platform governance.

Current Implementation

The platform is operational and has developed mobile applications for both iOS and Android. Users can actively manage their subscriptions through the platform, with REVU tokens being used for payments and rewards.

Business Model Analysis

The business model focuses on subscription management services, which is a halal business activity. The platform does not engage in interest-bearing activities or prohibited industries. The revenue model is based on transaction fees and subscription management services.

Token Distribution and Governance

The token distribution includes allocations for the team, development, marketing, and community. Team tokens have vesting periods to ensure long-term alignment with the project's success. The project demonstrates transparency in its token economics and governance structure.

Development Activity

The project maintains active development with regular updates to its platform and mobile applications. The team consistently communicates progress through official channels and has established partnerships with various subscription-based services.

Crypto Impact

To assign a comfort level investing in Revuto from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Revuto.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.