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How an 11-year-old programmer created his own NFT minter

Inspired by the success of Beeple, Miguel Wang created CryptoTigers to generate pixelated tiger images for the Year of the Tiger.

Ramp Raises Another $200M for its Finance Automation Platform and Corporate Card

It’s estimated that startups and small businesses waste in excess of $130B each year as a result of poor visibility into spend management. By leveraging automation, companies can not only recapture a portion of this spend but also reduce the time employees spend on low-value tasks. Ramp is a corporate card and all-in-one spend management platform that’s designed to save companies time and money. All spend activity is seamlessly integrated into the company’s expense management platform that handles bill payment, card issuance and controls, accounting, and reporting, saving finance teams countless hours allowing them to focus on value maximization rather than tedious data entry. The platform is free with Ramp making its margin on the interchange fees. Revenue grew 10x in 2021 and the platform has 5000+ businesses trusting Ramp for spend management, corporate credit, expense management, and the company has recently expanded into travel spending. AlleyWatch caught up with Ramp CEO, serial entrepreneur, and Cofounder Eric Glyman to learn more about how the founding team’s experience post-exit with Paribus inspired the business, the company's strategic plans, traction, latest round of funding, which comes at an $8.1B valuation (up from $3.9B in ’21), and much, much more...

Qatar Plans to Issue Digital Bank Licenses and Explore a CBDC: Report

Qatar wants to join the CBDC race and start issuing digital bank licenses, said the QCB Head of the FinTech sector.

FTX CEO Frustrated With Allegations About Russians Using Crypto to Bypass Sanctions

Sam Bankman-Fried is frustrated with the overall perception of the cryptocurrency industry amid the ongoing war between Russia and Ukraine.

This Week’s Awesome Tech Stories From Around the Web (Through March 19)

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ARTIFICIAL INTELLIGENCE 12 Graphs That Explain the State of AI in 2022 Eliza Strickland | IEEE Spectrum “The 2022 AI Index, which came out this week, is as impressive as ever, with 190 pages covering R&D, technical performance, ethics, policy, education, and the economy. I’ve done you a favor by reading every page of the report […]

How to Pay Netflix and Apple TV Subscriptions using Cardano Tokens

Subscriptions are an integral part of modern life. Digital subscriptions are increasingly common as more people get content from various subscription channels, unlike the past few decades where cable TV was the default source. Accordingly, the need to support crypto payment for Netflix and other subscription services is on the rise, even timely.

Revuto is a subscription management platform on Cardano that aims to add efficiency and control to the payment of subscriptions. They are now joining hands with Genius Yield, an equally innovative order-book DEX launching on Cardano to fast-track the adoption of DeFi services. While both protocols would support each other's ecosystem, a standout benefit would be paying for Netflix, Apple TV, Amazon, DSTV, and other subscription services using Genius Yield's GENS and other Cardano tokens. It is a vital support allowing users to take control of their spending, save money, while also earning cashback in Revuto's REVU tokens. Meanwhile, it will be possible for users to earn GENS by staking REVU via the ISPO in the Revuto Staking Center.

Streaming services can be annoying with their subscription models for all their quality content. You have probably heard a friend or relative furious over the billing policies of one of their subscriptions. The problems range from difficulties in cancellation, automatic renewal, and other communication-related issues. 

A Blockchain-Based Subscription Service

The fundamental issue with most subscriptions is that they rely on credit cards or bank payments. Once you sign up and agree to terms that most people never read, the subscription service can automatically deduct from your bank account. 

Revuto introduces the concept of a virtual debit card to grant users more control over subscription payments, allowing users to pay with Cardano and its tokens. The idea is to have a decentralized application that users can utilize to manage their subscriptions. This virtual debit card is operationalized as a decentralized application (dApp) that runs on the Cardano blockchain. 

Here is a summary of how the subscription management app will work:

  • Download the Revuto app and set up an account, a straightforward process;

  • Add subscriptions you intend to manage. They could range from music streaming services like Netflix, software packages, and more. 

  • Once the subscriptions are linked, you can begin paying using GENS and other supported tokens.

The real prize is your ability to block, snooze, and generally control payments to your subscription service. This versatility allows the account holder to prevent unwanted subscription charges that make subscriptions more expensive than what you signed up for. Besides, you don't have to cancel the subscription when you want to snooze payments for a while before resuming.

The Cardano Blockchain Provides Base Support 

Revuto achieves its high performance because it launches from a robust layer, built from the ground up with the intention of being inherently scalable. The Cardano crypto blockchain is the handiwork of Ethereum co-founder Charles Hoskinson and a team of developers who sought to create a high-functionality and research-based network. 

Accordingly, Cardano is an excellent host for decentralized systems and applications. The rise of Decentralized Finance (DeFi) bodes well for this bespoke blockchain and its native coin, ADA. The protocol has significantly higher throughput than Ethereum, implementing a unique architecture with different settlement and computation layers. Accordingly, smart contract execution does not clash with transactions, as is the case for Ethereum.

Using Cardano blockchain, this utility has allowed an integrated decentralized hub like Genius Yield, SundaeSwap, and others to thrive. Its efficiency and increasing stature in the DeFi sector fit well with services that offer a secure and fast settlement. 

More Than Just Subscriptions Management 

Meanwhile, with Revuto in the picture, users can make payments efficiently and leverage recurring payments with REVU and get extra services for money management. Revuto received three million early sign-ups for dApp, with hundreds of thousands of users worldwide. These numbers bode well for an upcoming Fintech startup earning Revuto accolades like the award for the fastest-growing consumer product at the recent World Blockchain Summit in Dubai.

The ability to pay for your subscriptions in Cardano tokens is revolutionary. Bitcoin has struggled to gain traction as a medium of exchange for all its popularity. This utility application provides a real-world use for cryptocurrency. 

Revuto is looking to make its app a wholesome product. Soon, users will be able to exchange fiat and crypto in real-time and other decentralized finance services like lending and borrowing. Overall, the subscriptions management platform will provide a mobile-friendly and excellent decentralized finance management tool. The decision to launch on the Cardano blockchain is a testament to this vision. Revuto has a native Cardano mobile and non-custodial wallets with plans to add their custodial wallet to augment user experience.

Forecasting Growth in The Subscriptions Sector 

The world is trending online by the year. This trend is likely to manifest in the subscriptions and billing management sector, with the global market estimated to grow from about $3.9 billion today to $7.4 billion in 2027. The accelerated growth of digital streaming services is the biggest growth driver. it is the golden age for streaming with more potential in developing markets

There is excellent potential for a subscriptions management tool with such a market size. There will be tens, even hundreds of millions more people joining this demographic in the next few years. Accordingly, Revuto is entering the scene strategically for all stakeholders.

Looking Forward

Cryptocurrency and the blockchain launched on the fundamental premise that consumers need more control of their finances. This idea is relevant in countless fields. Subscriptions fall in this category because some services are downright abusive in their billing policies. Genius Yield and Revuto take the tenets of decentralization and user empowerment in these industries and seek to transform how consumers relate to subscription services. There is a great need for such services. By forming a fitting coalition, Genius Yield and Revuto will likely reap from the appreciation users will have for such convenience.

Media Contact

Company Name :- Genius Yield

Email Id :- [email protected]

Company Website :- https://www.geniusyield.co/


dWeb Foundation to Build Sub-Level Domain Naming System on Flare

[PRESS RELEASE – Singapore, SG, 16th March 2022] The dWeb Foundation has partnered with Flare Network as the next step in their journey towards building a fully-decentralized, permissionless internet built on blockchain infrastructure. The internet has become an integral part of people’s lives, an extensive web of digital data connecting people and organizations across the […]

What is SWIFT? | Payments, Sanctions, and Role in Global Money Transfer

SWIFT is a key component to any country’s progress in terms of bank transfers, locally and internationally.

The post What is SWIFT? | Payments, Sanctions, and Role in Global Money Transfer appeared first on BitPinas.

How ARitize Holograms App Makes Hologram Creation More Accessible

Modern technology has now made it easier for users to create and access human holograms, which play a role in the growth of the digital economy.

The State of Cryptocurrency Tax Reporting in 2022: Report

Welcome, Cryptonauts. It looks like It’s everybody’s favourite time of year again: Tax season. 🥳 🙄 It is no secret that tax reporting can be complex, especially for crypto holders, as trying to navigate the constantly changing crypto tax landscape with a lack of a structured taxation framework is an administrative nightmare. Luckily, with the […]

The post The State of Cryptocurrency Tax Reporting in 2022: Report appeared first on Coin Bureau.

Why The Proposed EU Bitcoin Ban Would Have Been A Mistake

The proposal, while shot down, is an example of growing misdirection in regulatory stances.

Bitcoin Vs. Stocks: Which Is The Right Investment For You

If you are looking to park your money, there are countless investment options. While investing in stocks is a tried and tested way of...

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