Revuto, a Croatian subscription management startup is working on a new, innovative idea that could lead NFTs to serve as lifetime subscriptions for Spotify or Netflix.
The digital asset, known as the Revolution NFT, will provide owners with a virtual credit card through the finch business Railsr, which they can use to permanently pay for their Spotify or Netflix memberships.
The NFT can be traded on secondary marketplaces. Once a sale is made, Revuto will deactivate the virtual credit card and provide a new one to the new user. Each NFT costs $349 and is available on the Revuto website. You can buy these with crypto or credit cards.
The company’s CEO and co-founder Vedran Vukman said that Revuto’s 350,000 client base will be facilitated with an option where they can utilize a stable subscription fee.
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