World Blockchain Summit 2021: Revuto is recognized as the fastest growing consumer product in crypto

Revuto, a one-stop solution for all your subscriptions, has been awarded the fastest-growing consumer product in crypto for 2021 at the just concluded World Blockchain Summit (WBS) in Dubai. Revuto platform that takes pride as the first token sale on the Cardano boasts over 200,000 active users with over 3 million sign-ups who participated in the recent referral program.

As one of the projects to be recognized at the commencement of the 19th edition of WBS, Revuto had the opportunity to demonstrate its extraordinary feats once more, barely a year on from launching at the beginning of 2021.

“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,” Josipa Majic, Revuto co-founder and SVP of strategy and communication at Revuto, said at the event. “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.”

For a project that has barely clocked one year in the oversaturated crypto market, Revuto has proven to be a one-of-a-kind scalable solution. Over the past few months, the management solution has achieved more feats than the majority of its peers that have been around for years.

The crypto project was also able to achieve over 3 million sign-ups for early access, with no fewer than 200K active subscribers spread across the globe.

By leveraging DeFi and Cardano’s native tokens to pay for subscriptions, Revuto’s ecosystem is designed in a way that saves people money, regardless of the conditions in the crypto market.

Revuto users can subscribe to services using the Revuto debit card, the built-in wallet that supports Cardano’s native tokens, and the accompanying app can be used to Block, Snooze or Approve subscription charges as they occur.

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’s 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.

Ultimately, with the latest recognition from WBS, Revuto is poised to attract more investors and users from across the globe.

The Trescon World Blockchain Summit was held in Dubai, and Gulf CryptoInsight, as the event’s media partner, publishes essential updates from the summit.