NEW YORK, NY / ACCESSWIRE / April 29, 2022 / Revise is an innovative rails for developing dynamic NFTs. It empowers developers to program NFTs to interact with apps and data without sacrificing the governance. First, developers can program an NFT by setting a trigger based on the data stream to take NFTs from static images to interactive objects that can react to applications and real-world events. Second, developers can generate an audit trail with a proof of evolution as their NFT’s content is updated. With Revise, they can safely validate off-chain data and choose between web3 storage layers like IPFS, Arweave or Web2 layers following high security standards.
Revise plans to open source data management layer of its stack with the alpha version of the SDK already live on NPM. The users of the project include collections like Ludo Labs which leveraged the Revise SDK to program redeemable prizes such as tickets to football matches for NFT owners.
Led by AlphaWave Global & 8i, Revise recently raised $3.5 million in a seed investment round bringing such notable investors onboard as Sandeep Nailwal of Polygon, Scott Lewis of DEFI Pulse, Utsav Somani of AngelList, Bharat Founders Fund, Rahul Chaudhary of Treebo, and Pranav Maheshwari from TheGraph.
“The entire NFT space has seen a massive narrative shift as people have discovered that NFTs can be more than just digital collectables or static assets. What the team at Revise is building can become the most fundamental layer for NFT provenance and programming!” Tushar Behl, Lead Investor, Alphawave Global.
The content platforms of today – YouTube or Spotify – monetize people’s attention while keeping the economics behind their algorithms closed. In the future, people will own their digital footprint in the form of NFTs and be entitled to earn a percentage from their online activities. This transition will be facilitated through NFTs having deeper, native integrations with applications enabling a gradual opening up of the business models towards a more creator-friendly and equitable model.
“As NFTs go from culture to utility, Revise aims to lower the barrier to programming NFTs. With Revise in their toolkit, developers can offer creative and powerful utilities to their community through their NFT without sacrificing governance,” Raunaq Vaisoha, Co-Founder & CEO at Revise who began his career in blockchain back in 2015 as a journalist for CoinTelegraph.
In the crypto space for 8+ years, Co-Founders of Revise, Raunaq Vaisoha and Anil Dukkipatty have already successfully built networks that operated at 30,000 transactions per second at peak concurrency with complete multi-party governance. In their past venture at Elemential Labs, they worked with large enterprises such as NSE, NSDL, CAMS, ICICI Bank, and many others.
Revise looks forward to working alongside early adopters of the stack and invites developers to contribute to the next generation of interactive NFTs.
Revise is an innovative rails for developing NFTs to interact with apps and data without sacrificing the governance.
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