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ROVI Network is a Web3 Mass Distribution Platform that aims to bring the next billion users to the world of crypto. The platform is built on highly rich on-chain transactional data and is open to any high utility, high-quality Web3/Crypto use-case. The ecosystem is powered by the $ROVI token.
The problem that ROVI Network addresses is the complexity of crypto and Web3 for the mass user demographic. This includes the complexity of using 1st generation Web3 wallets, gas fees payable in different tokens, and the complicated fiat-to-crypto and crypto-to-fiat rails.
The solution offered by ROVI Network is to build critical infrastructure that brings the best of Web2 experiences to Web3. The goal is to make crypto a utility that integrates seamlessly into the daily lives of the masses.
ROVI Network has a highly talented and experienced team, led by four repeat founders with over 20 years of experience. They have previously built successful distribution-led scalable and sustainable businesses, reaching over 30 million users organically.
Within just six months of its token launch on Ethereum and the transactional layer on an L2 chain, ROVI Network's dapps have become the number one choice across all chains on the L2 protocol. They have attracted over 200,000 wallets, facilitated over 14 million on-chain transactions, and achieved revenue positivity. The user engagement is also high, with an average of 50 minutes spent on the platform every month and over two dapp opens per day.
ROVI Network offers several ecosystem products and infrastructure. These include Rovi.money, which is a simple and safe non-custodial social wallet that can be shared and used on various messaging platforms. It also provides on-ramp/off-ramp services to convert fiat to crypto or crypto to fiat in over 200 countries. Additionally, there is a gasless transaction engine that allows users to make crypto transactions across any chain using only the $ROVI token.
The network's dapps include the ROVI Crypto Daily Use Superapp, where users can earn rewards for their time spent on messaging apps, gaming, and making fiat payments. These rewards can be used to get discounts on various daily life utilities. Another dapp is the ROVI Crypto Keyboard, which allows users to earn rewards on popular messaging apps.
ROVI Network's business model includes transaction commissions, trade commissions, gaming spreads and commissions, investment spreads, and payment spreads. The platform generates revenue through these models, benefiting both businesses and users.
The $ROVI token has a fixed supply of 1 billion tokens. It is deflationary, as 30% of all token revenues generated from ecosystem products are burnt monthly. The burning will continue until at least 60% of the token supply is in circulation. Tokens can be bought from the market or minted by converting ecosystem rewards. The conversion rate increases month by month based on the circulating supply.
The $ROVI token has utility for both users and businesses. Users can use the token for various utilities, games, and shopping, as well as gain ecosystem privileges and receive staking rewards. Businesses buy tokens to access highly targeted distribution and pay for transactions and customized placements.
The roadmap for ROVI Network includes plans to expand its user base and distribution in different regions, listing on tier 1 exchanges and DEXs, and introducing new features and products.
The founding team of ROVI Network consists of Nitin Raj Gupta, the founder, and Anshul Verma, the co-founder. They have strong backgrounds in technology and business, with previous successful ventures and leadership experience.
To join the ROVI Network community, users can connect through Telegram, Twitter, and Discord.
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Why choose us?
The ROVI Network team is comprised of highly talented and experienced individuals, led by four-time repeat Founders with over 20 years of experience. They have successfully built multiple scalable and sustainable businesses in the past, focusing on distribution. The team's previous products have organically reached over 30 million users.
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