Fasten your seatbelts and hold on tight; the time has finally come for the Revuto app to get a major upgrade, and with this upgrade comes the long-awaited subscription management feature.
Want to know more? Of course, you do… let’s dive in.
The big news is that v3.0 will contain the subscription management feature we have been planning since the beginning, which paves the way for the next big launch — Revuto Virtual Debit Cards (VDCs). So, as big as the announcement of v3.0 seems to be, this update is still just a small step toward what we’re all waiting for, and that’s the ability to actively manage to whom, how much, with what, and when to pay. And, of course, the ability to pay for subscriptions with crypto.
Although the Virtual Debit Cards still won’t be up and running for a while, this update aims to introduce you to our core feature and get your feedback about it. In short, we ask you to download the update and start adding your subscriptions to the subscription management section, which will now, with the updated user interface (navigation), become the home feature of the app. Once you do that, the app will start to follow your subscriptions and their billing cycles to send you notifications about when your next payment is due.
For now, it’s essential to test the setup and let us know if there are any bugs or things you find not working right so we can fix those before VDCs come. In the meantime, we’ll also be testing the setup to get everything ready for the VDCs finally.
Still, even though you won’t be able to control payments without a VDC, we advise you to take advantage of the setup. If nothing else, notifications sent 24H in advance will remind you when you need to pay for something or decide not to pay and save money. The notifications should be beneficiary, especially when opting for a free trial.
When adding and editing your subscription details, please note that you need to do it manually. We’re aware that the flow of manually adding subscription details may seem complicated and has its downsides when it comes to the accuracy of the data provided but don’t worry about it. Once we add VDCs to the setup and you replace your debit and/or credit cards with Revuto Virtual Debit cards to pay for your subscriptions, Revuto will use webhooks to check the details as soon as the service provider tries to charge you. If we see differences in the data about the due date, billing cycle, and the price you entered, the app will automatically notify you about those changes and allow you to correct the data.
Let’s go through everything new in the Revuto app v3.0:
- UX (app navigation)
- Subscription management
- Password sharing
As we already mentioned, active subscription management is the core product around which we’ll continue building everything in the app, so even the crypto-related feature you have been using while the core product was not available will be adjusted to the new setup from now on. When you download the app, you will notice that the main app navigation is new and that
subscription management serves as the hub of the app. You can expect further UIX adjustments with upcoming 3.x app updates.
Now, in the subscription section of the app, you can add all of your various subscriptions, which are categorized as Due, Free Trial, Shared, Snoozed, and Blocked. For now, the main categories you’ll be able to use are those under Due, Free Trial, and Shared. Blocked and Snoozed payments will be seen once subscription management becomes active (with VDCs).
As mentioned above, once you add subscriptions, you’ll get notifications to remind you when payments are due and, most importantly, when those pesky free trials are about to run out.
Again, we politely ask you to add your subscriptions to the app as the step is a pre-requirement to get corresponding Virtual Debit Cards once we add VDCs to the setup. Those two steps — adding subscriptions and later adding VDCs to your subscription accounts — will finally put the power in your hands when it comes to subscription payments.
In addition to the subscription management feature, Revuto v3.0 also brings our password sharing feature.
As Revuto is all about helping you save money on your subscriptions, the password-sharing option will save you money by allowing you to get credential info about shared subscriptions from your friends and family, but all while respecting the T&Cs of the subscription service.
When it comes to subscriptions, we’re all aware of family accounts and the opportunity to subscribe with more than one device, so we decided to offer our users a simple and secure way to store and share their subscription credentials with the ones they would share their passwords anyways.
The feature is built to protect your data at all times, so all your passwords are tokenized to maintain security and will never leave the device where the app is running.
All of the previously-released features in the app remain but to reach them, we added a handy “home” ® button. Once you click the Revuto icon, you’ll find the following:
- Revuto wallet & Staking Center
- Referral program
- ICO balance
With the next v3.x updates, you can expect more adjustments to the new navigation with the current features being updated to suit subscription management. At one point, we’ll add more features even to the subscription management itself, like the statistics section where you’ll be able to see how much money you’re spending on your monthly or yearly subscriptions, how and when you paid for them, how much money you saved by blocking payments, and similar.
Please note that the upgrade is available only for Android devices. iOS will follow shortly after.
Because of summer vacations and a bit slower development from the vendors we work with, Revuto app v3.0 for iOS devices will come a little later by the end of the month. We apologize for the situation, but after asking for suggestions from the community about how to proceed, we decided to release the Android version before iOS. Still, all further development will continue to run in parallel for both platforms, so you can expect new v.3.x app updates for both platforms around the same time.
We’d like to wrap up with a few words from Mario Rubinic, who’s been working with AsyncLabs on the new app release: “Version 3.0 brings a long-awaited overhaul and upgrade toward fully payment-backed subscription management. Why is version 3.0 a big stepping stone for Revuto? With 3.0, we have invested monumental effort in merging our crypto domain (wallet, staking center, and portfolio management) with subscription management (managing subs, managing passwords, and a complete notification system for keeping up to date with your subscriptions). This required merging those two system architectures and revisiting how we perceive navigation inside the app. Now, the subscription and crypto domains have become one unified user experience for our Revutonians. With 3.0, we are opening the door to a much wider audience outside the crypto space, and we wish for them to have straightforward onboarding into our crypto ecosystem. As such, this was a big focus for us in the months leading up to this release. 3.0 is also a significant stepping stone towards finalized payments as we have to phase out subscription management and cautiously approach payments due to the specifics of the regulatory environment of traditional finance and payments.”
Your Revuto Team
Original Source: https://getrevuto.medium.com/launch-of-revuto-app-v3-0-be14655905c7
Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.
PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP
When the first decentralised blockchain was popularised in 2008 by Satoshi Nakamoto, the door was open for people across the globe to transact more securely and seamlessly. Many blockchain networks have been built and powered by native crypto tokens, including PrivaCrip (PRCR).
Native tokens exist for several reasons. Aside from acting as digital currencies, they perform various functions. Helping blockchains improve data traceability, security, transparency, and trustworthiness shared throughout the network. They also assist in reducing costs through their ever-evolving efficient methods.
Cardano (ADA) and Ripple (XRP) are among the best blockchain-based cryptos that this article will discuss. We will also look at how PrivaCrip (PRCR) will power a blockchain network set to launch into the crypto space.
Top Tier Crypto Makes its Mark – Cardano (ADA)
Cardano (ADA) has been around in the crypto space since 2017. The Proof-of-Stake (PoS), Ouroborous Cardano (ADA), was established using a research-based methodology.
Research is the backbone of Cardano (ADA) and is integral to its success in the cryptocurrency market. Cardano (ADA) uses an evidence-driven mechanism and peer-reviewed research to run its ecosystem to drive its evolution.
Among many things, Cardano (ADA) helps establish DeFi products and provides a suite of financial solutions. Crypto enthusiasts can stake Cardano (ADA) for a chance to earn rewards for their holdings.
With 2022 providing challenges in cryptocurrencies across the globe, Cardano (ADA) is one of the few cryptos to see a surge in on-chain trading volume this year. CoinMarketCap lists Cardano (ADA) as the 7th largest crypto by market capitalization at the time of writing.
Making Waves – Ripple (XRP)
Launched in 2012, Ripple (XRP) is a leading provider of crypto solutions for businesses. Ripple (XRP) provides developers with a solid open-source foundation for executing demanding projects. It is fast, energy-efficient, cost-effective, and reliable.
The solutions provided by Ripple (XRP) enable developers to solve inefficiencies, including asset tokenization and remittance. Therefore, individuals and businesses may apply Ripple (XRP) for DeFi, payments, tokenization, and more.
Crypto enthusiasts with a long-term focus may find Ripple (XRP) a valuable investing tool. Token holders can use Ripple (XRP) for staking its mainnet platform for a chance to grow their earnings and maximise profit.
The New Face Of Privacy – PrivaCrip (PRCR)
The soon-to-launch PrivaCrip (PRCR) is a cryptocurrency built for Web3 data privacy. It will allow users to develop and use permissionless and privacy-preserving applications. This unique feature of PrivaCrip (PRCR) secures apps, protects users, and fosters the creation of many new Web3 uses.
PrivaCrip (PRCR) will drive a blockchain that creates a more empowering and inclusive internet. It will enable developers to build secure dApps using private contracts based on original privacy research (OPR) to revolutionise Web3.
PrivaCrip (PRCR) will begin pre-sale soon and has an initial token price of 0.10 USD. According to the whitepaper, there will be a total supply of 190 million tokens, of which 40% of the total supply will go to the pre-sale.
Crypto enthusiasts who purchase PrivaCrip (PRCR) during the pre-sale will receive the most significant long-term rewards and bonuses. Those who buy with Bitcoin (BTC) will receive a 10% bonus. Also, those using Ethereum (ETH) to purchase will receive 15% of the total PrivaCrip (PRCR) they purchase as a bonus.
10% of PrivaCrip’s (PRCR) total supply is up for distribution as staking rewards, meaning that token holders who stake will receive rewards for their contribution to the crypto’s advancement.
Blockchain networks are continuously evolving, and so are the crypto tokens that power them. Cardano (ADA) and Ripple (XRP) have contributed tremendously to the success of their blockchain networks, gathering mass appeal.
PrivaCrip (PRCR), for its part, will drive a security-enabled blockchain and scalability in private DeFi, empower data tokenization, and bring together a fast-growing community. Acting on its promise, it has the potential to become the next big mover in cryptocurrency.
For more on PrivaCrip (PRCR), check below:
Cardano (ADA) Withdrawal Fees Waved by Bitrue Exchange
Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year
Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waived withdrawal fees for the Cardano (ADA) cryptocurrency.
The trading platform says that the move is meant to celebrate the support it received from the community behind the cryptocurrency.
Users will be able to withdraw ADA without paying any fees until mid-September.
Bitrue has stressed that it wants users to have “as much choice as possible” when it comes to custody options. Those who want to hold their ADA tokens will not be able to do so without paying an additional commission.
At the same time, Bitrue has touted its “Power Piggy” yield-farm investment program for those who want to earn passive income with ADA.
As reported by U.Today, Bitrue introduced the token as its base currency back in February.
In June 2021, it also became the first cryptocurrency trading platform to add support for Cardano-based native tokens.
Last month, Bitrue also announced a staking initiative with the ADA cryptocurrency. It decided to contribute a million tokens to some of the top Cardano staking pools in an effort to boost the level of decentralization.
Earlier this year, SundaeSwap (SUNDAE), the native token of the SundaeSwap exchange, also became available on Bitrue.
WingRiders Losses 59% Of Its Total Value Locked, Plunges Cardano TVL Below $100M
Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano.
WingRiders slumped from the first position to third after losing more than 59% of the total value locked (TVL) on the platform in the past 30 days.
At the time of writing this line, WingRiders is now the third-largest DEX by total value locked, with a TVL of $19.66 million. It is noteworthy that WingRiders maintained the top spot for more than two months, claiming 42% of TVL On Cardano. However, the DEX has fallen from glory ever since.
Minswap Is Now Cardano’s Most Valuable DEX
The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped.
Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL.
At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano.
SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL.
Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.
Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said:
“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.”
CARDANO TVL STATUS
After the major decline of @wingriderscom, the TVL scenario of the @Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem#tvl #cardano $ADA pic.twitter.com/xjZ6cHo8jX
— Cardano Daily (@cardano_daily) August 9, 2022
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