REVV Motorsport is a Play-to-Earn ecosystem where players can compete in virtual racing events and earn rewards in cryptocurrencies and NFTs. The project supports the official blockchain-based games for Formula 1, Formula E, and MotoGP.
REVV is the official cryptocurrency of the REVV Motorsport ecosystem and is an ERC-20 token designed on Ethereum. The project runs on Ethereum’s Layer-2 scaling solution Polygon, giving its users the advantages of higher transaction speeds and lower gas fees.
Players can start participating in racing tournaments by acquiring NFTs representing drivers, cars, gears, and bikes with various attributes. They can then earn rewards by winning in gameplay. REVV Motorsport also allows its users to generate passive income by submitting their cars and gears to earn more rewards.
The project started as REVV Racing and is the creation of leading blockchain game developers and publisher Animoca Brands. The company then rebranded the project into REVV Motorsport when forging partnerships for exploring engagement opportunities via Play-and-Earn for Formula 1 and MotoGP.
