Animoca Brands is a global leader in gamification and blockchain technology. They develop and publish blockchain games, traditional games, and other products, using popular global brands as their themes. Their portfolio includes over 380 investments in Web3 projects. Their mission is to advance digital property rights and contribute to building the open metaverse. Key brands they work with include Disney, WWE, Power Rangers, MotoGP™, Formula E, and Snoop Dogg. For more information, visit their website.
Games developer and publisher Animoca Brands is developing branded motorsport experiences on blockchain with F1®, MotoGP, and Formula E; these games will be connected by a shared economy based on the REVV Token ecosystem. REVV is designed to be the currency of purchase, utility, and action in F1® Delta Time, as well as the upcoming games based onMotoGP™ and Formula E. For example, users are able to purchase various game content using REVV, including cars, drivers, components, and more.
Aspects of the F1® Delta Time platform are available in the beta stage, and all-time sales volume for the game on the NFT market reached 3,200 ETH as of December 2020 with sales of $1.8 million from other platforms. Additionally, REVV continues to launch new NFTs including cars, drivers, and even Formula 1 racing tracks, such as the Formula 1 Grand Prix de Monaco 1A track segment, which sold for over 9 million REVV ($223,000 at the time of sale) or the 2020 Content pre-sale which generated about $1.4 million.
REVV was initially listed on Uniswap in September 2020 and then on other exchanges; subsequently, REVV began to launch a series of liquidity mining programs for REVV holders.
REVV is designed to leverage blockchain interoperability, whereby a token can be utilized across multiple connected gaming ecosystems. The branded motorsport games developed by Animoca Brands will be connected by a shared economy made possible by the REVV token, which is the currency of purchase, utility, and action serving multiple game titles.