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As the Dot Com Boom crashed and burned in the early 2000s, Justin Caswell, the CEO of RevoFi, started to truly comprehend how revolutionary the Internet was. He also understood the vast power of it, not only to make or break fortunes, but also how it could be a place of broad collaboration if it remained easily accessible.
Caswell wanted to harness that power. But instead of contributing to the system in place, he wanted to revolutionize the Internet by decentralizing it.
It’s been 21 years in the making, but finally, that dream has become a reality, with the 40,000,000 Revos tokens hitting the market on Dec. 15, priced at $.05-per-token. This new digital token is attempting to democratize the crypto world and Internet access as well.
As he knew back in 2000, without centralized authority, an open-sourced Internet could ease accessibility to it. That’s what RevoFi aims to achieve, with the token and with its exclusive crypto mining router, which will enhance the blockchain experience while giving the public online access.
How it Works
RevoFi has managed to combine the two technologies of cryptocurrency and high-speed Internet access with its Wi-Fi Mesh Routers. Essentially, when a customer uses RevoFi routers, they can have excellent access to the Internet and they can open it to the public too. When they allow the public to use it, they are paid with cryptocurrency in Revos.
Caswell hopes that by opening up access to Wi-Fi, individual router owners will create competition with other paid Wi-Fi services, which will increase the availability of Wi-Fi to more users. Ultimately, Caswell wants RevoFi’s routers to be so commonplace that cities are littered with hotspots wherever you go.
With more competition in the market, RevoFi has the potential to upstage larger Internet providers. Additionally, the company is also hinting at adding new accessories and devices to its lineup. These new technologies can be purchased with Revos on the RevoFi network.
Using the Blockchain for Business
Blockchain and cryptocurrencies are sometimes shrouded in mystery, but there’s an easier way to understand it. The blockchain is a safe and secure tool that securely encrypts valuable assets, which are sometimes cryptocurrencies, transferred digitally. When applied to the Internet and paying to access it, in turn, is similar to sharing an Uber with a friend and splitting the cost of service. The blockchain opens up the possibility of the Internet, a tool for everyday consumers.
The appeal of using the blockchain and cryptocurrencies, like Revos, is that you can cut out the middleman. Those who are using blockchain-backed cryptocurrencies can make payments while bypassing banks altogether, making financial transfers quicker and more secure. Â
The Road to RevoFi
Though Caswell had the inspiration for RevoFi in 2000, he didn’t turn his idea into a thriving business right away. For years, he labored in the oil and gas industries; He owned and lost a business; He even worked a few odd jobs to make ends meet, and also grappled with a divorce, which left him a single father.
In order to make RevoFi come to life, Caswell needed to overcome these obstacles and stick to his vision. However, after he attended the Aspen Institute, a blockchain and crypto conference in Colorado, he was able to make the connections he needed and eventually sought and obtained a patent that would launch RevoFi into orbit.
Some 18 months later, RevoFi was a fully-fledged business, and Caswell was well on his way to becoming a successful entrepreneur.
In 2021, Caswell started devoting himself full-time to his company and RevoFi achieved unprecedented success, topping more than $200,000 in sales in just one month. He’s hoping that the Revo token will be the next iteration of that success.
About Justin Caswell
Justin Caswell is the founder and CEO of RevoFi and an advocate for a decentralized, wireless infrastructure platform owned and powered by the people. RevoFi’s hotspot devices ensure that anyone can begin building their own network by providing network coverage and sharing resources. Learn more at https://revofi.com/
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