Revuto Turns Your Favorite Subscriptions To NFTs: Netflix & Spotify For A Lifetime
Revuto has been in the headlines after announcing its collaboration with Cardahub. But this time, things are different; it is an innovative and unique product – lifelong digital subscriptions to the Netflix and Spotify services with the help of Revulution NFT.
As of 11th July, a total of 10000 interested users will be able to purchase a limited edition NFT on Revuto’s website. Got you to jump from your seats? Well, that is exactly what Revuto is going after. Revuto is leading the charge to tip the scales back to the consumer and reduce unnecessary subscription expenses in a number of ways. The limited edition of Revulution NFTs will be available on Revuto’s website at the price of $349, and the sale will kick off at 12 PM CET on the 11th of July.
Users will be able to pay for the Revuto NFT with debit or credit cards or using crypto as well.
In the European setup, users will issue one virtual debit card (VDC) for each subscription. The VDC is essentially an idle card, which means that 90% of the time, there is no money on the card. Every month, Revuto sends the user a notification for each subscription to either block, snooze or approve a subscription payment. If a user blocks a payment, that essentially means that they are skipping one month. The merchant will see an empty VDC that has insufficient funds for that month and will simply disable access until the next billing cycle. Although the VDC is empty, the merchant sees it as a valid card, even though there are no funds available.
Vedran Vukman, CEO and cofounder of Revuto, said, “Based on the feedback we received from our 350,000 active and verified users, we have decided to give the community exactly what they have asked for – a solution that guarantees a stable subscription fee that they can share with their friends or family members simply and straightforwardly. Moreover, in case they are not using the service, the users can simply get their money back or even profit from selling the NFTs. We wish to enable everyone to efficiently manage their subscriptions and, eventually, to make the digital subscription market fairer and more equitable”.
With the Revulution NFTs, the plan is to “revulutionize” how people subscribe to services while allowing them to subscribe to any services across the globe for any period of time and send or sell unused subscription periods to others. In allowing you that, the company believes that Revulution NFTs will become the most essential piece of the Revuto ecosystem to date. And it is just the beginning.
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