Revolut plans to issue its own token

Revolut will produce its own token to improve customer experience. Digital assets will be distributed among all users of the company. The work will be similar to a reward system, by analogy with aviation companies. The higher the activity, the more tokens.

“They will not look like a stablecoin. All items obtained will be tradable on the market.”

Revolut Loses Revenue

The company announced that the project it is creating belongs to non-custodial wallets. After registration, a phrase and a special private key will be available. This will ensure resource management across different applications.

The wallet will provide its work as an independent resource. Initially, the launch will take place on Ethereum, but other networks will be connected later.