Revise raises $3.5M to revolutionize NFT development for programmers


New York, New York–(Newsfile Corp. – May 1, 2022) – Revise is a state-of-the-art programming and governance protocol for NFTs. Using Revise, developers can program NFTs to interact with applications and data without compromising governance, giving developers more flexibility. As a starting point, programmers can create a unique NFT program by setting up a trigger that depends on the data stream. This transforms NFTs from static images into interactive objects that can respond to real applications and events. Additionally, developers can enable analytics views to get local evidence of off-chain and on-chain data evolution. It allows them to reliably verify the NFT audit trail when updating token data and selecting between IPFS or Web2 layers, while maintaining the highest level of security requirements possible.

Revise plans to open the data management layers of its stack, allowing for governance and community contribution, with the main version of the SDK available on MNP. Ludo Laboratoriesfor example, used the Revise SDK to create redeemable incentives for NFT owners.

Led by AlphaWave Global and 8i, the $3.5 million seed investment round for Revise included participation from notable investors such as Polygon’s Sandeep Nailwal, DEFI Pulse’s Scott Lewis, AngelList’s Utsav Somani, Bharat Founders Fund, Rahul Chaudhary of Treebo and Pranav Maheshwari. by TheGraph. Sandeep Nailwal, Co-Founder of Polygon, commented, “I am pleased to support Raunaq and Anil’s vision for the NFT space. NFT’s programming opens up powerful new ways for artists and developers to express their creativity. and brings people closer to becoming Web3 natives. Excited to be on this journey with them!”

Unlike current generations of content platforms that monetize people’s attention while keeping the underlying logic of their algorithms private, future content platforms will work with people owning their digital footprint in the form of NFTs. Users will be able to receive a portion of the revenue generated from their online actions through NFTs with deep, native integrations with apps and a gradual opening of business models.

“As NFTs move from culture to utility, Revise aims to lower the barrier to NFT programming. With Revise in their toolkit, developers can offer creative and powerful utilities to their community through their NFT without sacrificing governance,” said Raunaq Vaisoha, co-founder and CEO of Revise who began his blockchain career in 2015 as a reporter for CoinTelegraph.

Raunaq Vaisoha and Anil Dukkipatty, co-founders of Revise, have been in the cryptocurrency industry for over eight years and have already built Proof of Stake networks capable of processing 30,000 transactions per second at maximum concurrency, while maintaining full multi-stakeholder governance. . In their previous activity, Elementary Laboratoriesthey have collaborated with prominent companies such as NSE, NSDL, CAMS, ICICI Bank and many more.

Revise looks forward to engaging with early adopters and invites developers to contribute to the next generation of interactive NFTs

Disclaimer: There is no offer to sell, no solicitation of an offer to buy, and no endorsement of security or any other product or service in this article. This is not investment advice. Readers are encouraged to do their own research.

About the review

Revise is an innovative rail for developing NFTs to interact with applications and data without sacrificing good governance.

For all other media inquiries, please contact:

Raunaq Vaisoha

[email protected]

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