Revix has raised $1M in total. We talk with Sean Sanders, its co-founder.
PetaCrunch: How would you describe Revix in a single tweet?
Sean Sanders: A simple, smart and effortless way to own the cryptocurrency market with just one click. Revix offers a secure portal to invest in cryptocurrencies using diversified Bundles rather than speculating on individual coins. #Bundle
PC: How did it all start and why?
SS: Coming from a professional trading background, I realised early on that cryptocurrencies are an exceptionally unpredictable asset class. The rules used in forex or commodity trading do not consistently apply to cryptocurrencies. And, this left me desiring a diversified investment solution so that I could maintain exposure to the asset class without the gambling mentality of trying to select individual winners.
The guiding logic was that if the cryptocurrency asset class was going to increase in value, what would you need to do to improve your probability of profiting from this growth?
And, the answer to this question probably did not mean going out and trying to select one, three or five randomly chosen cryptocurrencies. The best thing to do would be to own a Bundle of the top cryptocurrencies that are automatically updated periodically to reflect changes in the crypto market.
Since I could not find anything out in the market that offered this, I approached my co-founder and business partner to help turn this idea into a reality.
And, this is how Revix started.
Our ‘why’ at Revix is centred around enabling both sophisticated and unsophisticated investors alike to invest in the future technologies and assets that are going to be built on top of blockchain technology.
PC: What have you achieved so far?
SS: We are about to launch to over 40 countries around the world, and we are busy working on a new project that could be a game-changer in the DeFi (decentralised finance space). Watch this space!
PC: How will you use your recent funding round?
SS: Our recent funding round will be used to launch and market our company in the UK and throughout Europe, and also to continue the development of our innovative investment portal.
PC: What do you plan to achieve in the next 2-3 years?
SS: We have some big dreams and ambitions. We plan to launch several revolutionary investment Bundles that will be the first of their kind in the security token decentralised finance (DeFi) market. By offering smart contract operated security tokens that run on blockchains, we plan to shake up the status quo of fund management.
We aim to enable anyone in 3-years – rich or poor, financially savvy or not – to invest in the far-reaching world of alternative investments. Whether it’s owning a Bundle of Bob Marley music rights or holding a Bundle of Bangalore tech start-ups, we want to be the platform that enables this future.
