Blockchain gaming agency Animoca Manufacturers will launch its new REVV token on the favored decentralized trade Uniswap.
REVV will start buying and selling for Ethereum (ETH) on Uniswap from September Four at 12 pm UTC. The token’s preliminary value shall be $0.00666.
The REVV token capabilities as a utility token on Animoca’s crypto-powered motorsports video games, together with F1 Delta Time and two new forthcoming releases.
Animoca’s first upcoming title is a Grand Prix bike racing, or MotoGP, recreation that may see extra particulars launched throughout This fall 2020. One other title “based mostly on a world racing franchise” can even be introduced quickly.
REVV is “the forex of buy, utility, and motion” for Animoca’s motorsports titles, with the token presently ready for use for paying entry charges into F1 Delta Time’s core Time Trial and Grand Prix nodes.
REVV tokens may be staked to earn in-game non-fungible tokens (NFTs) from Animoca Manufacturers’ motorsport releases.
Holders of F1 Delta Time NFTs also can earn REVV by staking their NFTs. Of REVV’s complete provide of three billion tokens, 6.02 million REVV is within the means of being distributed amongst F1 Delta Time NFT holders.
500 million REVV has been designated for numerous swimming pools referring to F1 Delta Time, together with in-game rewards, advertising and marketing, a reserve, and promotional airdrops.
In July, Animoca Manufacturers reported report revenues of $4.33 million through the first quarter of 2020, and $three million for the month of April. The agency held almost $1.eight million value of crypto on the time.
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