The REVV token is an ERC-20 utility token that acts as the main currency for a number of game dApps developed by Animoca Brands. It powers REVV Motorsport, a blockchain gaming platform with real life Play To Earn gaming economy and officially licenced racing titles.
At the beating heart of REVV’s existence is Play-To-Earn — an exciting concept that is fairly self-explanatory: You play games in order to earn assets and tokens with real life value.
Now that we’ve seen how the REVV token is used in practice through F1® Delta Time (not forgetting that in the future it can also be used for other officially licensed titles like MotoGP™ Ignition,) it’s time to delve into this project’s tokenomics and reflect on how cryptocurrencies have the potential to transform gaming and sports forever.