Everything You Need to Know About Revuto NFTs
The Croatian-based startup, which leads the industry in digital subscription management, has recently shared that by July 11th, 10,000 users will be able to buy the Revulution NFT and enjoy lifetime subscriptions to some of the top streaming platforms.
Spotify and Netflix users who want to enjoy the best entertainment or binge-watch their favorite shows without worrying about paying subscriptions can acquire this innovative product from Revuto’s website.
According to NFT co-founder Josipa Maji, the Revulution NFT for Spotify and Netflix is just the beginning. It is an introduction to a new wave of subscription NFTs that will allow people to buy subscriptions for various services worldwide, for as long as they like. This innovation will not only help users save on subscription costs but also provide them with the opportunity to sell or transfer unused subscriptions to others. Revuto’s innovative approach is set to bring a new way of thinking about subscriptions, opening up a more diverse customer base for prepaid subscription models.
Why Should You Subscribe?
The subscription industry is a major economic driver, with millions of customers and billions of dollars in transactions across services like streaming platforms, gyms, and digital news sites. However, traditional subscriptions often leave consumers at a disadvantage, as once paid, the customer has no control over managing their subscriptions.
For instance, consider a customer who buys a year’s worth of Netflix service. After several months of using the service, if the customer decides they want to switch to another service, or if they can no longer continue using the subscription, there is no legal way to benefit from the remaining subscription period. Canceling doesn’t offer a refund, and there’s no way to pause the service.
Revulution NFTs change this dynamic by allowing users to monetize unused subscriptions.
Other benefits of this model include the ability to pause subscriptions, pay using cryptocurrency, and avoid being locked into free trial periods. Additionally, NFTs can be used to receive discounts on any subscription worldwide. CryptoChipy believes this is a valuable opportunity for Spotify and Netflix subscribers.
Çawa dixebite?
Once users have paid for the NFT, Revuto provides them with a digital debit card to pay for services like Spotify and Netflix. To offer this card, Revuto has partnered with Railsr (formerly Railsbank), a tier-1 banking provider that powers major exchanges like Crypto.com.
Revulution NFTs can also be traded on exchanges if you no longer wish to use the paid subscription. You can sell your NFT to another user and profit from the emerging secondary digital subscription market. This feature allows Revuto to issue a virtual card to the new NFT owner while deactivating the original card.
Thoughts Final
Revuto’s Revulution NFTs will be available starting from noon CET on July 11th. According to information from CryptoChipy, each NFT will cost $349, and users can purchase them using credit cards, debit cards, or cryptocurrency.
All subscription payments and management will be handled through a single app. The Revulution NFTs are not Revuto’s first venture into the world of NFTs. The company had previously launched the “Rstronaut” and “R Fund” NFTs, which supported early-stage projects on the Cardano blockchain.
Revuto also plans to release NFTs that grant early access to their physical debit cards. Purchases made with these cards will earn users a percentage of the amount spent in cryptocurrency. While virtual debit cards will be limited to subscription payments, physical debit cards can be used anywhere that accepts debit and credit cards.
As part of its long-term goals, Revuto intends to expand its subscription-based services and eliminate unwanted subscription charges entirely.
