Rev your engines, GameFi is taking to the track! BiShares would like to introduce yet another amazing token we’ve chosen to include in our Game Fund, REVV, the token behind REVV Motorsport. The gaming ecosystem is based around the play-to-earn concept. If racing and games are where it’s at for you, here’s your chance to cash in while having a fun time. But wait, there’s more fun; This game will allow you to protect your digital earnings from the vulnerability of any kind of game server shutdown.
Play. Earn. Protect.
Blockchain motorsport is destined to be the future of racing game systems. So far, REVV Motorsport has developed 3 different gaming experiences, as well as an option to buy, collect and trade limited print MotoGP Ignition Cards. From what we see, this is just the beginning for them.
In the team’s latest game release, REVV Racing, cars are non-fungible tokens (NFTs) with all gaming sessions registered on the blockchain. Pretty neat right? REVV Racing is breaking history as being the first arcade-simulation racing game to be on blockchain and allow gaming assets beyond the digital world. We’re certain that as pioneers in this ecosystem, they will lead the way for other developers to move towards blockchain-based gaming.
Well what makes it even better is REVV Racing looks and feels just like a 3D-car racing game played on a console or PC. REVV Racing was developed by the blockchain-gaming company, Amonica Brands, who partnered with designer and manufacturer of virtual hypercars, Nfast. This partnership is said to be a milestone, as the technology behind the development gives players real-time first-person control of their cars to simulate that arcade-game feel. They’ve even announced that more cameras and angles will be released soon to ensure the players’ experiences feel as authentic and genuine as possible.
In addition to the release of REVV Racing, Amonica Brands has announced its sale of “MotoGP Ignition Hot Shots,” an NFT collection that highlights the most high-profile, action-packed, important moments from the MotoGP 2021 season. Based on the success of NBA Top Shot’s, we see great potential.
All REVV Motorsport games, including REVV Racing, are powered by the REVV Token. This utility token serves as the primary means of purchase, utility, and action across all games. Through your token, you have power and control over all your in-game assets with the option to sell or trade as you wish. True digital ownership is in your hands thanks to the REVV Token.
Now let’s get down to business and take a look at the token itself. REVV Token launched just a little over a year ago. In celebrating its one-year anniversary, the team has launched a competition to design the REVV Motorsport mascot. The winner will have the chance to not only be featured as the mascot, but to also collect royalties from the sale of their design.
Click the link to check out more details or get involved in the competition: shorturl.at/zU369
REVV is an ERC-20 standard token based on Ethereum and available also as a BEP-20 on Binance Smart Chain. The REVV Token has a max supply of 3 billion tokens with 500 million pre-allocated to Delta Time and 400 million to MotoGP. 1.3 billion tokens have been kept as reserves, 300 million have been given to the team and advisors, 250 million have been allocated to the initial DEX offering and 250 million set aside for player rewards.
Currently priced at $0.14, REVV has an approximate market cap above $30 million. REVV hit its ATH (all-time high) on March 30, 2021 at $0.63.
We see a great future for the REVV Token and the REVV Motorsport gaming ecosystem. As Yat Siu, the CEO of Animoca Brands said, “We are of the view that any projections of the value of the video games industry are necessarily too low if they do not factor in true digital ownership and play-to-earn.”
We couldn’t agree more, hence why we feel so strongly about the success of the REVV Token and its place in our BiShares Game Fund.