REVV motorsports utility token to list on LATOKEN
7 October 2020: Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”) is pleased to advise that its REVV token will list on the LATOKEN platform on 8 October 2020. REVV is the main utility token and in-game currency of the branded motorsports games produced by Animoca Brands, including F1® Delta Time, an upcoming title based on MotoGP™ intellectual property, and a third title to be announced soon (collectively, the “Motorsport Games”).
REVV will be available for trade on LATOKEN starting on 8 October 2020 at 12 pm (UST+8). At that time, the public will be able to purchase and sell REVV on the LATOKEN platform, which can be accessed at https://latoken.com. REVV on LATOKEN will be paired with Tether (USDT).
In addition to the LATOKEN listing announced today, REVV is already available at its official website via Uniswap: https://www.revvmotorsport.com. REVV is also available on Chiliz Exchange, Uniswap (paired with LCX Token and DAI), Hotbit, SushiSwap, P2PB2B (Bitcoin, ETH, and USDT), Mooniswap, and Bibox.
REVV: the token for motorsports games
REVV is the ERC-20 utility token that serves as the primary currency in certain blockchain games developed and published by Animoca Brands. These games include F1® Delta Time (aspects of which are currently available in beta stage), an upcoming blockchain game based on MotoGP (initial features releasing in Q4 2020), and a third blockchain game based on a global racing franchise that will be announced soon.
REVV is designed to leverage the blockchain assets concept of interoperability, wherein a token can be utilised across multiple products. Games will be connected by a shared economy made possible by the REVV token, which is designed to be the currency of purchase, utility, and action for multiple game titles.
Whereas REVV is a fungible token (a type of cryptographic token that is non-unique and mutually interchangeable with others of its kind), the game content in Animoca Brands’ motorsport games is primarily provided in the form of non-fungible tokens (NFTs), which are a special type of cryptographic token representing pieces of digital content that are unique. For example, in F1® Delta Time most critical game content is composed of NFTs, including Cars, Drivers, and even Tracks.
REVV: powering true digital ownership and in-game dividends
The NFTs in Animoca Brands’ motosport games are ownable by players. In traditional games, a publisher grants players certain limited licenses to utilise the game and the assets therein, which the players do not truly own regardless of the time and money they invested. However, by utilizing blockchain and NFTs, Animoca Brands offers true digital ownership of game assets to the players of the Motorsport Games, who enjoy full ownership and control over their in-game assets and in-game currency.
REVV also powers other innovative features not previously seen in games based on motorsports intellectual properties. For example, players can earn REVV through gameplay (play-to-earn), earn a dividend of REVV for NFTs that they own (NFT staking, as well as ownership of race tracks), and stake their REVV for the opportunity to receive rewards (REVV staking).
The REVV Smart Contract was fully audited by CertiK Foundation, a technology-led blockchain security company founded by computer science professors from Yale University and Columbia University established to prove the security and correctness of smart contracts and blockchain protocols. CertiK Foundation rated the REVV and ERC Base Dependency Contracts a “very high confidence” security level. The final Certik report is available here.
About Animoca Brands
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of products including the REVV token, games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes, as well as products utilizing popular intellectual properties such as Formula 1®, Marvel, Garfield, Snoopy, Thomas & Friends™, Power Rangers, MotoGP™, and Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland. The Company is based in Hong Kong, United States, South Korea, Finland, Argentina, and the Czech Republic. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.