What is REVV (REVV)?

REVV is the main utility token and the only recognized in-game currency of the branded motorsports games produced by Animoca Brands—REVV Racing.

REVV racing is an arcade car racing stimulation Blockchain game—solely developed by Animoca Brands. It is the latest play-to-earn token in the REVV Metaverse of game and racing. The cars are all NFTs and every play session on the Blockchain is registered; it has a feel of the regular 3D car racing game on consoles and PCs.

REVV token serves to uphold the gaming economy of Animoca Brands which includes F1 Delta Time, MotoGP™ intellectual property, REVV racing. It is being leveraged as a cross-title utility and the driving force behind the Play-to-Earn model.

REVV is obtained as a reward for participating during gameplay sessions like in time-trial races, as well as through staking of the race cars and collecting dividends from track ownership. The partakers can spend the currency on non-fungible token (NFT) purchases and gameplay entry fees inside of this digital universe.

REVV was designed to Work in different and multiple products connected. The ownership of one REVV token empowers the gamers with freedom and control over multi-system affiliate games.

The REVV token is a REVV is a standard Ethereum ERC-20 token that supports contract operators whitelisting to provide approval-free REVV tokens transfers throughout the company’s ecosystem. It is designed to be the currency of purchase, utility, and action in supported play-to-earn motorsport blockchain games.

It allows for the facilitation of frictionless native meta-transactions—the ability to push transactions on the blockchain using REVV as the payment token for the gas, without requiring the native ETH token at all.

The REVV token also implements the ERC-165 introspection standard, with its corresponding ERC-165 interfaces. Before the further review, its development strategy was to focus on the English-speaking audience before either type of language was added.

The developers of the REVV ecosystem and token have ensured a stable partnership with well-known IPs and facilitated fans engagement. They have also ensured the successful sale of NFTs that will help promote pre-launched and post-launched games that will in return, encourage secondary market transactions.

To ensure more inclusion and participation, they developed a beta version of the play-to-earn mechanism that allows for new users’ engagement, promoting competition.

The developers aim to expand the REVV ecosystem as more individuals are joining the space, promoting better staking programs that allow for the use of REVV tokens, and creating AMA sessions to remote fans’ engagement.

Who are the Founders of REVV (REVV)?

Yat Siu, Founder

Entrepreneur Yat Siu founded Animoca Brands in Hong Kong, in 2014. He was born and raised in Austria, Vienna, and is known for his works in the popular game development company, Atari.

He also founded a technology corporation that develops various media products called Outblaze.

Robby Yung, CEO

Rubby Yung is an entrepreneur, a mobile game developer, and publisher, and also the CEO of Animoca Brands. 

Prior to joining Animoca, he founded and served as the CFO for a television company, Redgate. He also founded a magazine group and worked for a web development company — One Studio.

What is REVV (REVV) used?

To connect to the REVV ecosystem and Motorsport

The tokens are the only bridge between gamers and the ecosystem; they serve as a communicant between them. To enjoy a free flow of interaction on the REVV platform, gamers must possess REVV tokens, else no buying or selling.

Buy real NFTs token

Unlike most gaming ecosystems and Metaverse that do not allow for the real ownership of online-based tokens, REVV allows its users to access the true owner to the in-game resources. 

Sales of these in-game resources

Since these resources are redeemable in real life, owners or holders can get sell them for an appropriate amount of digital assets or fiat currency. They can also purchase these tokens from other individuals and transfer them from one person to another.

Utilize these tokens in the games

The received tokens can be used to purchase access stages, gifts, or quests in the games.

Purchase other tokens

The REVV tokens can be used to purchase a corresponding amount of USDT, Bitcoins, or Ethereums if need be.

What are the unique points of REVV (REVV)?

UNISWAP Collaboration

REVV is one of the few tokens to have a UNISWAP collaboration—REVV/SAND pairing on the automated market maker (AMM.

This collaboration allowed the users to receive unique REVV-branded NFTs for providing liquidity to the REVV/SAND trading pair. 

The rare NFTs were also given out to liquidity providers as part of the second REVV/SAND liquidity event launched by Animoca Brands.

Real-life redeemable value

Unlike most in-game currencies with little or no value in real life—a reality asides front of the computer screen, REVV is different. Users can get to mint real NFTs and sell them for cool hard cash or Ethereum tokens. Irrespective of future termination plans, the rewarded tokens still hold it’s value.

Licensed

It is remarkable to acknowledge most REVV-based games are developed with the approval of sports brands like Formula One and MotoGP.

How many REVV (REVV) coins are in circulation?

REVV has a total supply of 3,000,000,000 tokens allocated as follow: 500,000,000 (17%) allocated to F1 Delta Time; 400,000,000 (13%) to MotoGP, 1,300,000,000 (43.3%) kept as the reserves; 300,000,000 (10%) given to the team and advisors; 250,000,000 (8.33%) allocated to the initial DEX offering; 250,000,000 set aside for player reward reserve.

Is the REVV (REVV) platform secured?

REVV is an ERC-20 standard token-based in the Ethereum blockchain on Polygon. They are safe in its Layer 2 solution that has different security protocols—including zk-rollups and optimistic rollups.

For more security, the platform used a PoS consensus that helps the framework to create a new interconnecting blockchain.

How do I buy REVV (REVV)?

REVV can be purchased through the following method listed below.

The tokens are available across several exchanges and can be easily purchased by the following steps.

* Open an account with the crypto trading platform.

* Transfer the specific amount of your fiat currency to your account.

* Wait for your deposit to be confirmed and Buy REVV through your trading account.

Which Cryptocurrency Wallet Supports REVV (REVV)?

The PTPWallet platform supports many cryptocurrencies simultaneously, such as REVV tokens. Because of its speed, flexibility, and unique features, it has grown to become one of the most used new platforms. In addition, users can easily use PTPWallet as their main REVV wallet as it offers a simple and interactive interface, making it easy to navigate its system.

Facebook
Twitter
LinkedIn
WhatsApp
Telegram
Reddit

More to explore

IMX

What is Immutable X (IMX)?

Immutable X is a layer-2 blockchain project aiming to provide a scaling solution for NFTs and other projects on the Ethereum network.

Highstreet crypto token

What is Highstreet (HIGH)?

With the rise in popularity of NFTs, many brands are further tapping into the on-chain industry — Adidas with their very own

Hifi Finance crypto token

What is Hifi Finance (MFT)?

Hifi protocol is a decentralized platform that allows users to borrow assets against their crypto. Formerly known as Mainframe, HiFi aims to

Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time. 


Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time.