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Revenue Coin (RVC) - one token to multiply businesses
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Revenue Coin (RVC) - one token to multiply businesses

created Michał SielskiSEPTEMBER 6, 2021

RVC tokens will be given to companies that have an idea for development but do not have the capital to finance it. However, the project has all the possibilities to earn good money and increase the value of tokens. How? We check the principle of operation Revenue Coin (RVC), which is expected to appear on the market in December 2021.

We continue the cycle of the Forex Club portal, in which we analyze and describe the largest, highest-valued, most interesting, most developmental, advanced and also the most controversial cryptocurrency projects around the world. Today it's time for Revenue Coin, a new idea that is supposed to refer to "business angels" operating in blockchain technology.

Idea for a token for entrepreneurs

Revenue Coin is an ERC-20 standard token that does not offer its own blockchaina. However, it has a rare offer for technology companies that can use it to raise capital for the development of their business. They can simply receive tokens that will be used to expand the company. 

However, it will not be a classic loan in which two entities agree on a predetermined interest rate. In return for the transfer of tokens for development, the company using such a solution will transfer part of the revenue to Revenue Capital. In return, the tokens will be bought back, which will be burned, which clearly indicates their deflationary nature. 

The project focuses on combining venture capital investments with crypto investments, creating mechanisms by which new companies can easily raise funds and return them to investors with a vengeance. It will focus on technologically advanced start-ups.

The principle of operation of the Revenue Coin project:

  1. Interested investors buy RVC tokens to finance the development with this capital or to connect with other promising, technologically advanced companies that want to operate in the global market.
  2. The funds invested by the community through the purchase of RVC tokens are used to finance selected companies in the Revenue Capital ecosystem.
  3. Funded companies increase their revenues by leveraging funds and technical know-how in specific activities such as development, sales, marketing etc.
  4. Companies transfer up to 10% of their revenues to Revenue Capital, which are then used to buy back and burn RVC tokens, reducing supply and increasing their value over time.

There are other ways to earn Revenue Coin tokens. RVC holders will have access to products operating within the ecosystem before they are released to the public. 

The holders of tokens also have the right to vote, according to the number of coins, in terms of decisions on supporting subsequent projects or companies. In short: it is the community that will decide what projects and to what extent it will support with RVC tokens.

The holders of these coins will also be able to simply pay with them, and the offer of partner companies will of course be at a discount for RVC payments. 

The tokens will debut in December, then on cryptocurrency exchanges

Ultimately, the token will go to Cryptocurrency exchanges. Talks are already underway with Binance, KuCoin and Coinbase. For now, they are not available for purchase, because private sale is planned for December 6, 2021. The first raised $ 728, representing 500% of the total goal of financing six companies in the first year of operation. It will cost $ 29 million.

In the second phase, tokens can be purchased on the Revenue Coin website for $ 0,0095 each. Interested investors can buy any number of RVC tokens, but they need to spend a minimum of $ 1.

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About the Author
Michał Sielski
Professional journalist for over 20 years. He worked, among others, in Gazeta Wyborcza, recently associated with the largest regional portal - Trojmiasto.pl. He has been present on the financial market for 18 years, he started on the Warsaw Stock Exchange when the shares of PKN Orlen and TP SA were just being introduced to the market. Recently, his investment focus has been exclusively on the Forex market. Privately, he is a parachutist, a lover of Polish mountains and a Polish karate champion.