Revenue coin – Gold sponsor
We are happy to announce that yet another project is entering the Tenset Infinity Airdrops pool, Revenue Coin! They are joining the platform as the next Gold sponsor!
Revenue coin is the world’s first tokenized revenue-based ecosystem. It allows investors to participate in the success of high-tech startups. They are changing the world of venture financing as these opportunities were previously restricted to large investment funds and banks. They recently completed their public sale which raised over $6.7 million!
Revenue coin fund startups to allow them to scale. Companies that receive funding from RVC must in return allocate up to 10% of their revenue, which is used for the purchasing of RVC token from the market to increase value and subsequent burning to reduce supply.
The RVC token is an integral part of the Revenue Capital ecosystem which supports promising high-tech companies by distributing funds and allowing access to a shared customer base, which stimulates the growing demand for RVC tokens over time. Revenue capital experts, along with community input (RVC token holders) select projects to provide funding with the condition that they receive a share of their future revenue.
Revenue capital creates a strong community of investors and founders through which they fund and support selected companies without taking any equity or ownership stake. This approach means that high-potential startups can meet their goals without sacrificing founding interests and long-term objectives. Revenue has partnered with F6S, a leading platform for connecting startup founders to investors, to source high potential companies in 5 categories: fintech, blockchain, AI, ML and Web3.
There are currently 2 profitable companies in the Revenue Capital portfolio: Exeria and SkyRocket. Both of these companies provide solutions for crypto investors to trade via API with increasing revenues depending on the volume of trading on exchanges (integrated with Binance, OkEx and Bitmex exchanges to date). Each project shares the synergy within the revenue ecosystem, and contributes a portion of their revenue towards the RVC token buybacks. Revenue plan to include 15 companies within the ecosystem in the first 2 years that will grow the buybacks exponentially.
The RVC token is a deflationary BEP20 utility token that has a quantity fixed in the smart contract. The supply on the market will decrease thanks to the systematic monthly buyback and burn from companies allocating their revenue, in addition to the temporary blocking of RVC held by team members and large investors to protect against sudden price falls.
The RVC token offers several benefits for holders including the voting rights when approving new projects to join the portfolio, and access to special offers with partnering companies within the ecosystem.
As a Gold sponsor of the Infinity platform, Revenue coin is providing 15 million tokens. The Airdrop of RC will be distributed over a period of 120 days to all investors who locked their 10set.
Following the overwhelming success of their public sale which raised $6.7 million, RVC will undergo an IEO on Kanga Exchange on 10 December at 10am UTC. They will then launch on Pancakeswap on December 13, followed by Kanga listing on 23 December.
Revenue Coin official sources and social media:
Telegram Community chat: https://t.me/revenuecoinENG
Explainer video: https://www.youtube.com/watch?v=DAeRvi6NOJU&t=172s