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About ROVI
Key Points
- ROVI Network team has 20+ years of experience and has built multiple successful businesses in the past.
- The team aims to simplify Web3 and crypto for mass users.
- ROVI Network has achieved significant traction with 200K+ wallets, 14M+ on-chain transactions, and revenue positivity within 6 months of token launch.
Numbers and Figures
- 20+ years of experience of the founding team
- 30M+ users reached organically by previous products built by the team
- 200K+ wallets on ROVI Network</
About ROVI: Empowering a New Era of Innovation
Why Choose Us?
The ROVI Network team boasts a highly talented and seasoned group of professionals, spearheaded by four-time repeat founders who collectively bring over 20 years of experience to the table. Their impressive track record includes successfully building and scaling multiple sustainable businesses, with previous products organically reaching an impressive user base of over 30 million.
The Conundrum
The intricacies of Crypto and Web3 often prove daunting for the average user demographic. The first generation of Web3 wallets, for instance, presents a complex user experience, while the varying gas fees payable in diverse tokens and the convoluted fiat-to-crypto and crypto-to-fiat payment rails further hinder seamless adoption by the masses.
Optimal Solution
Establish pivotal infrastructure to seamlessly integrate the best of Web2 experiences into Web3, thereby empowering cryptocurrency to become an indispensable utility, effortlessly woven into the fabric of people’s daily lives.
Momentum and Adoption
Within a mere six months of launching our token on Ethereum and deploying a transactional layer on a Layer 2 (L2) chain, ROVI Network’s decentralized applications (dapps) have ascended to the pinnacle across all chains utilizing the L2 protocol, boasting an impressive 200,000+ wallets, 14 million+ on-chain transactions, and revenue positivity. Moreover, our dapps have achieved remarkable user engagement, with an average of 50 minutes+ of monthly usage and an average of 2+ daily opens per user, with growth rates continuing to soar (as of July 10th, 2023).
Observe token activity in real-time at:
https://blockexplorer.bnb.boba.network/token/0xCc503242b574BC01145Da7E2A743b43fB395eC91/token-transfers
https://blockexplorer.bnb.boba.network/token/0xa88D4d3a623B07Af04b6641A5a72797FA52d478b/token-transfers
Alternatively, access live analytics at:
https://analytics.rovi.network
The ROVI Network Ecosystem: A Comprehensive Infrastructure Framework
1) Rovi.money – The world’s most straightforward and secure 1-click, non-custodial, social wallet. Effortlessly shareable and accessible via a simple link, anywhere, anytime – whether on messaging platforms, email, or beyond. Seamlessly integrated with an on-ramp/off-ramp solution, facilitating seamless conversions between fiat and crypto in over 200 countries. Furthermore, it is empowered by a comprehensive ecosystem that enables the utilization of tokens across a diverse range of daily life utilities, commencing with highly engaging casual social games.
Secure your unique wallet moniker at
https://www.rovi.money
today!
2) Gasless Transaction Engine – Introducing a revolutionary, gas-free transaction infrastructure that empowers users to seamlessly execute crypto transactions across any blockchain, much like effortlessly covering shipping costs at checkout on Amazon, all facilitated by the native $ROVI token.
ROVI Network Ecosystem: A Suite of Innovative DApps
1) Introducing ROVI Crypto Daily Use Superapp – Earn Rewards (attention currency) for time invested in WhatsApp, gaming, or making fiat payments at local shops! Redeem your Rewards to enjoy discounts on a diverse range of daily life utilities, including bills, shopping, lifestyle, gaming, and financial services. Moreover, any high-utility, high-quality Web3 utility can seamlessly integrate into the superapp ecosystem via various APIs and modules available.
2) ROVI Crypto Keyboard – Seamlessly set up an AI-powered Android keyboard in just two clicks and start accumulating Rewards (attention currency) on any global messenger platform, including WhatsApp, Telegram, WeChat, Kakao, Line, and more!
Delve into the vast expanse of ROVI Network Dapps through the following links: ROVI Crypto Superapp —>
https://play.google.com/store/apps/details?id=com.money91
Introducing ROVI Crypto Keyboard —
available now on Google Play
.
The Operational Framework: A Synergy of Innovation and Efficiency
ROVI Network is a transactional platform that boasts a proven track record from its inception, leveraging time-tested business models that generate revenue through B2C and B2B commissions, spreads, and take-rates.
1) Transaction Commissions – Paid by businesses/utilities. A commission ranging from 1% to 30% per transaction or sale is applicable for accessing highly targeted distribution channels.
2) Trade Commissions – Paid by users of the network. A commission ranging from 0.5% to 5% per trade is applicable, varying depending on the specific digital asset involved.
3) Gaming Spreads and Commissions – Paid by users of the network. A competitive 1%-10% commission per gaming contest or game pool is applicable.
4) Investment Spreads – Paid by users. Up to 5% spreads are offered for high-quality, super-simplified DeFi investment strategies in digital assets, providing an attractive opportunity for investors.
5) Payment Spreads – Facilitated by traditional fiat payment networks, our platform offers competitive spreads of up to 1% on every user-initiated transaction in the real world.
Accumulation of Token Value
$ROVI boasts a capped supply of 1 billion tokens, with a deflationary mechanism in place, wherein 30% of all revenue generated from ecosystem products is incinerated on a monthly basis, commencing from July 2023.
The token revenue burn will persist until at least 60% of the token supply is in circulation. Tokens can be acquired either by purchasing them from the market or by minting them through the conversion of ecosystem rewards. Notably, minting is only possible if users have incurred expenditures within the ecosystem on various daily life utilities.
The conversion price (from Rewards to $ROVI) exhibits a steady upward trend on a month-over-month basis, directly correlated with the circulating supply. As of July 2023, the current conversion rate stands at 95 Rewards equivalent to 1 $ROVI token.
Token Utility: Unlocking Value through User Demand
1) Unlock Exclusive Benefits with Tokens – Enjoy discounts on utility bills, shopping, and services. Participate in token-gated games and access restricted utilities, all with your tokens.
2) Unlock Ecosystem Privileges – By holding tokens, users can enjoy a range of benefits, including reduced commission fees, lower gas fees, and increased minting power, resulting in higher rewards.
3) Earn Lucrative Staking Rewards – Participate in our token staking program and reap attractive rewards, fueled by our platform’s revenue streams.
Token Utility: Unlocking Business Demand
Companies can seamlessly access a vast, highly targeted audience with a single click, leveraging rich on-chain user behavior and transactional data to fuel their marketing efforts.
1) Highly Targeted Distribution – Embracing a “Cost per Click” model, where access to distribution is facilitated through $ROVI tokens.
2) Pay for Transactions – Envision a “Cost per Sale” model, where transactions are settled in $ROVI tokens.
3) Highly customized placements – Envision “Cost per impression” advertising models, where compensation is facilitated through $ROVI tokens.
Strategic Roadmap and Key Milestones
1) July-August 2023: A milestone of 0.5 million monthly active transacting wallets is anticipated, accompanied by over 50 million on-chain transactions. Furthermore, our user community will expand into two new countries in Southeast Asia. 2) October-December 2023: We expect to surpass 2 million monthly active transacting wallets, with listings on a prominent Tier 1 exchange and a decentralized exchange (DEX). Our user community will also extend its reach into four new countries in Southeast Asia and the Middle East. 3) January-June 2024: Our goal is to achieve 5 million+ monthly active transacting wallets, while establishing a user community and distribution network in a new country in Latin America. 4) July-December 2024: We aim to reach a significant milestone of 10 million+ monthly active transacting wallets, with further expansion into a new country in Africa.
The Visionary Founders
Conceived by a visionary leadership team, comprising missionary founders with an illustrious pedigree and a wealth of comprehensive experience.
1) Nitin Raj Gupta – Founder – A distinguished alumnus of the prestigious Indian Institute of Technology (IIT) Roorkee, with a degree in Computer Science. His impressive entrepreneurial portfolio includes: Mall91 (a pioneering group buy social commerce platform that secured multimillion-dollar venture capital), Vee (a mobile dating app that also raised multimillion-dollar venture capital), AirGo (a live video streaming service), CoinJoos (an e-commerce platform for books, later acquired by a prominent media conglomerate), and OnGraph (a thriving software services company generating multimillion-dollar revenues, catering to global markets). Notably, he has held leadership positions at Trilogy India and China, with extensive work experience in the US, UK, China, and Southeast Asia.
LinkedIn:
https://www.linkedin.com/in/nitingcs
2) Anshul Verma – Co-Founder – A metallurgy science graduate from the prestigious IIT Roorkee, one of India’s topmost engineering colleges, and an MBA holder from the esteemed National University of Singapore, ranked among the world’s top universities. His impressive background includes stints as Co-Founder of Mall91 (Group Buy Social Commerce), Co-Founder at StompMarket (Online Retail ERP, later acquired by Mall91), Co-Founder and Chief Business Officer at a global mobile consulting services business, and Co-Founder and Chief Operating Officer at a digital marketing services business. Previously, he served as Business Head at HCL Technologies, a prominent software outsourcing conglomerate, with extensive experience working across Europe and Southeast Asia.
LinkedIn:
https://www.linkedin.com/in/vermaanshul/
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