Place/Date: - December 8th, 2021 at 2:00 am UTC · 3 min read
Contact: AscendEX, Source: AscendEX
REVV is a digital currency gaming platform focusing on racing games and allows for in-game purchases using their native Token REVV. REVV is designed for true digital ownership of game assets, giving players freedom and control over their NFT in-game items across a growing metaverse of racing games. Specifically, it is designed to have titles and NFT items interoperable with each other and other metaverses. Increasing the overall utility over these items would lead to corresponding network effects across the games and the REVV ecosystem. This should in turn enhance the value and support the trading of these items and underlying trading of the REVV token overtime. As the token demand is driven not just by speculation but underlying utility.
The REVV token is designed to encourage true digital ownership of game assets, giving players freedom and control over their NFT in-game items across a growing metaverse of racing games in the REVV Motorsport ecosystem include F1 Delta Time, MotoGP Ignition, and the upcoming titles Formula E: High Voltage and REVV Racing.
REVV is the ERC-20 utility token as the primary currency of purchase, utility, and action across all REVV Motorsport blockchain games by Animoca Brands. The REVV token is a fungible cryptographic token on the Ethereum blockchain. A fungible token is an asset that is interchangeable with tokens of the same type, so that one REVV token always has the same value and properties as any other single REVV token. 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. REVV is being leveraged as a cross-title utility, and the driving force behind the Play-to-Earn model.
The REVV Token supports contract operators to provide approval-free REVV tokens transfers throughout the company’s contract ecosystem. This also brings out the potential for 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.
AscendEX is thrilled to support the GameFi ecosystem by listing tokens like REVV.
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.
AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.
REVV is a utility token that serves as the primary currency of purchase, utility, and action across all REVV Motorsport blockchain games by Animoca Brands. REVV is designed to allow for true digital ownership of game assets, giving players freedom and control over their NFT in-game items across a growing metaverse of racing games.