#Revuto Announces Plans to Raise $1.75 Million by Selling Ordinals Inscription
According to reports, cryptocurrency financial technology company Revuto has announced plans to raise $1.75 million by selling Ordinals Inscription at a valuation of $20 million on
According to reports, cryptocurrency financial technology company Revuto has announced plans to raise $1.75 million by selling Ordinals Inscription at a valuation of $20 million on the Bitcoin network, involving approximately 8% equity. Revuto mainly provides users with active subscription management using virtual debit cards, which can achieve seamless transactions between cryptocurrency liquidity and real-world economic transactions, and use Web3 technology to help users protect their funds. It is reported that the company will sell 1500 Ordinals to retail investors this time, allowing holders to own shares of the company. According to the latest data from Dune Analytics, the current number of Ordinals inscriptions on the Bitcoin network is 1095402, and the current cost has reached approximately 5.2 million US dollars. （cryptonews）
Crypto fintech company Revuto plans to sell Ordinals on Bitcoin network to raise $1.75 million
As the cryptocurrency industry continues to experience steady growth, financial technology (fintech) companies are contributing to the growth of the industry. The latest development in the industry is the announcement made by Revuto, a cryptocurrency fintech company, to raise $1.75 million by selling Ordinals Inscription on the Bitcoin network.
Table of Contents
– Summary
– What is Revuto?
– Understanding Ordinals Inscription
– Revuto’s Plan to Raise $1.75 Million
– Benefits of the Plan to Sell Ordinals Inscription
– Possible Risks Involved
– Conclusion
– FAQs
Summary
Revuto has announced its plans to raise $1.75 million by selling Ordinals Inscription at a valuation of $20 million on the Bitcoin network. The company primarily offers active subscription management activities to its users through virtual debit cards, ensuring seamless transactions between cryptocurrency liquidity and real-world economic transactions. By using Web3 technology, the company also helps users to protect their funds.
What is Revuto?
Revuto is a cryptocurrency fintech company that primarily offers an active subscription management service using virtual debit cards. The company is committed to helping its users manage their subscription expenses with ease. The platform provides users with a transparent, secure, and cost-effective way to manage their subscriptions through blockchain technology. The company is headquartered in Croatia and was founded in 2018.
Understanding Ordinals Inscription
Ordinals Inscription is a product offered by Revuto that allows holders to own shares of the company. It is an innovative way of acquiring some equity in the company, enabling users to benefit from the company’s potential success. The Ordinals Inscription is sold on the Bitcoin network, allowing holders to store their equity securely on the blockchain.
Revuto’s Plan to Raise $1.75 Million
Revuto aims to raise $1.75 million by selling 1500 Ordinals Inscription to retail investors. This move will help the company raise enough capital to expand its services, improve user experience, and capture more market share. The company’s valuation for this offering is $20 million, which is about 8% equity of the company.
Benefits of the Plan to Sell Ordinals Inscription
The plan to sell Ordinals Inscription presents several benefits, including:
– Increased capital for Expansion: The $1.75 million raised will be used to expand the company’s services, improving its overall user experience, and positively impacting the growth and development of the industry.
– Opportunity for Retail Investors: The sale of Ordinals Inscription allows retail investors to own a stake in Revuto. This provides an opportunity to invest in a promising blockchain-based fintech company and benefit from its potential success.
– Security: By selling Ordinals Inscription on the Bitcoin network, Revuto is ensuring that the equity is securely stored on the blockchain. This provides a high level of security and transparency for holders.
Possible Risks Involved
As with any investment opportunity, there are possible risks involved. Before investing, potential buyers should carefully consider the risks involved in acquiring Ordinals Inscription. Some of the risks include:
– Volatility: Cryptocurrency is very volatile, and its value can change rapidly. Therefore, the value of Revuto’s equity could change dramatically.
– Liquidity: Revuto’s equity is stored on the blockchain, making it less liquid than other assets. It may not be easy to sell the equity when needed.
– Regulatory Risk: Regulatory requirements for cryptocurrency are still evolving, and this could affect the value of Revuto’s equity.
Conclusion
Revuto’s plan to raise $1.75 million by selling Ordinals Inscription provides an opportunity for retail investors to invest in a promising cryptocurrency fintech company. The sale of Ordinals Inscription allows holders to own shares of the company, providing an opportunity for benefits from its potential success. The company has a promising future, and acquiring some of its equity may be a wise investment decision.
FAQs
1. What is Revuto?
Revuto is a cryptocurrency fintech company that primarily offers an active subscription management service to its users through virtual debit cards.
2. What is Ordinals Inscription?
Ordinals Inscription is a product offered by Revuto that allows holders to own shares of the company. It is an innovative way of acquiring some equity in the company.
3. What benefits does Revuto’s plan to sell Ordinals Inscription offer?
Some benefits include increased capital for expansion, an opportunity for retail investors, and security.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/14905.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Euler Finance Attackers Transfer ETH to Unknown Wallets
According to reports, on March 16, 2023, Euler Finance attackers transferred 2601 ETHs and 100 ETHs to 0xc66dFA84BC1B93df194bD964a41282da65D73c9a and 0x2Af24E5575045a582d9C53FebD48724473E67407, respectively, according to the Beosin EagleEye security risk monitoring, early warning, and blocking platform monitoring of Beosin, a blockchain security audit company. Euler Finance attackers transferred approximately $4.46 million in funds Analysis based on this information: The message reports on a security breach where attackers were able to transfer Ethereum (ETH) from Euler Finance to two unknown wallets. On March 16, 2023, the attackers were able to transfer 2601 ETHs and 100 ETHs to 0xc66dFA84BC1B93df194bD964a41282da65D73c9a and 0x2Af24E5575045a582d9C53FebD48724473E67407, respectively, according to the Beosin EagleEye security risk monitoring, early warning, and blocking platform monitoring of Beosin, a blockchain security audit company. Euler Finance is a decentralized finance (DeFi) platform that provides users with management of their cryptocurrencies through decentralized applications (dApps) on the Ethereum blockchain. The breach puts users’ crypto assets at risk and could shake their confidence in the platform, especially…
-
The Breakthrough in S&P 500 Index is Coming Soon
According to reports, on April 7th, Jurrien Timmer, global macro head of Fidelity Investments, an asset management company, stated on Twitter that the S&P 500 index has been in a r
-
The Booming NFT Market: Boring Ape Collectibles
It is reported that according to the latest data of cryptoslam, the total amount of BAYC transactions of \”boring ape\” has exceeded 2.7 billion US dollars, reac…
-
MakerDAO Plans to Invest $750 Million in US Treasury Bonds
It is reported that the Decentralized Autonomous Organization (DAO) MakerDAO is reviewing a proposal that will allocate an additional $750 million to invest in…
-
Celer Network Integrates Polygon zkEVM for Cross-Chain Asset Bridging
On April 20, it was reported that Celer Network, a cross chain interoperability protocol, announced that its cBridge for asset bridging has integrated Polygon zkEVM. It initially s
-
Circle CEO suggests that the US banking system still faces systemic risks despite the resumption of USDC anchoring
According to reports, a few days after the US federal government stepped in to protect the now defunct Silicon Valley bank depositors, Jeremy Allaire, the CEO of Circle, said in an interview with CNBC that although the USDC had resumed anchoring, the banking system risks had not completely disappeared. He explained that the risks of the broader impact on the US financial system appeared to be systemic, and I do not believe that these risks had completely dissipated at this time. Circle will protect itself by reducing bank deposits. From the perspective of Circle, the main preventive measure is to ensure that we are exposed to the hidden risks in the partial reserve banking system as little as possible. （dailyhodl） Circle CEO: Will protect themselves by reducing bank deposits Analysis based on this information:According to recent reports, the CEO of Circle, Jeremy Allaire, has expressed concerns about the systemic risks still present in the US banking system, even after the…
-
Sound.xyz to Open up to Everyone – What Does This Mean for the Music Industry?
According to reports, the music NFT platform Sound.xyz has announced on social media that it will be open to everyone in the next three months. During the preparation for full rele
-
ETH 2.0 Pledges Exceed 16.7 Million
According to the report, the data shows that the total number of pledges of ETH 2.0 has exceeded 16.7345 million, to 16734487, with a value of about US $28.342…
-
Nathaniel Chain, Former OpenSea Product Manager, Faces Charges of Wire Transfer Fraud and Money Laundering
According to reports, court documents show that the trial date for Nathaniel Chain, former product manager of OpenSea, has been determined and he will face charges on April 24th. W
-
Iron Arm Astro Boy ATOM Genesis NFT Series to Be Pre-cast on April 7, 2023
According to reports, Akihabara Area Tourism Organization Co., Ltd., Animoca Brands Japan, and MADworld announced today that the \”Iron Arm Astro Boy\” ATOM Genesis NFT series will b