The addition of contract provisions linked to the sale of tokens in the NFT marketplace distinguishes it from a standard blockchain system. Every time a token is sold, the originator artist receives a commission. A portion of each subsequent transaction is distributed to the creators in this manner. An unexpected twist on the first-sale principle, which stipulates that you are free to use an item as you see fit once you become the owner of it, has been introduced. If this is the case, you will be required to repay the original creator of the item with each subsequent sale of the item. It’s easy to see why content providers are excited about this new business model.
Revolution NFT allows you to choose your subscription duration and then share or sell the time remaining on your chosen subscription with anyone else. For as long as the NFT remains in effect, the new owner can use the subscription.
What Does Revolution NFT Mean?
Using Revolution NFT, Revuto (the company behind it) seeks to give their clients more control over their subscription payments, allowing them to save money in the process. Cardano native and DeFi tokens are used to pay for subscriptions and save users money through a single app.
Revolution NFT enables you do all, from just canceling your membership to pausing it, paying with crypto, borrowing funds when paying, and even protecting yourself against free trials.
Revuto
Revolution NFT is Revuto’s most recent effort, and it allows users complete choice over which contracts they have, how much they have, and how they pay for them. As a result, it fundamentally revolutionizes the way in which we subscribe to various services.
Utilizing next-generation tokenization (NFT), Revuto lets you buy and sell subscriptions to a wide range of services from across the world.
What Is Revulution NFT’s Mechanism?
When you have a Revulution NFT stored in your Revuto wallet for a certain subscription, you will be eligible to get a Revuto Virtual Debit Card (VDC). Revuto will charge the card on file for the duration of your membership. As a result of the NFT’s ownership shift, the new owner will be given a new VDC to use with their account.
Revuto won’t use or issue new Virtual Debit Cards for that different service once the subscription time has expired, and NFTs will no longer be valid. Revuto will provide a burn location for customers to mail their expired NFTs to in order to dispose of them.
The Revuto app allows you to easily verify any Revulution NFT to find out what subscription it’s used for, how long it’s valid, and if it’s expired or not. Purchasing this way ensures that you will receive exactly what you ordered.
What About People Who Have Already Used Revuto?
All purchases made with a referral code provided by an existing Revuto user, or a friend they’ve recommended, will result in a REVU payback of 5% of the purchase amount.
Additionally, Revuto’s subscription management service is launching at the same time as the Revulution NFTs. Revuto is rolling out a new password management feature just in time for its Virtual Debit Cards launch. This feature will enable customers to safely store and share the passwords they use to access their subscriptions with their loved ones and friends.
Subscribe to any subscription-based service, wherever in the globe, then transfer or sell your unused membership periods to others using Revuto when it launches in the near future. Revuto is developing a whole market for unwanted subscriptions, from streaming services to gym memberships. When the revulsion comes, are you prepared?