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Animoca Brands is a Hong-Kong based company founded in 2014 by entrepreneur Yat Siu. Born and raised in Vienna, Austria, he previously worked for well-known game development company Atari. He is also the founder and CEO of Outblaze — a technology corporation focusing on development of various digital media products.

The CEO of Animoca Brands is Robby Yung, an entrepreneur, publisher and mobile game developer. He is formally the co-founder and CFO of Redgate Media — a television and outdoor media holding company; the co-founder and CSO of One Media Group — a magazine group; the founder and CEO of One Studio Limited — a web development company; and the founder and CEO of OSMedia Limited — a television advertising sales company.

REVV is an in-game currency that has monetary value outside of the game world. A lot of games with virtual economy systems only allow players to exchange game assets within the digital universe, which deprives a player of experiencing possession in a real-life sense.

Moreover, in the case of non-blockchain economy games, digital resources are vulnerable to the possibility of game server shutdown. Thus a potential termination of the project would imply an instant loss of all the hard-earned assets for the player. Animoca’s REVV-based blockchain games provide players with true ownership of in-game resources, which includes an ability to buy and sell the NFTs and tokens on digital marketplaces, transfer them to other players and use the tokens in other supported games.

It is also noteworthy that the majority of REVV-based games are developed under a licensing agreement of recognisable sports brands such as Formula One and MotoGP.

Furthermore, REVV ecosystem engages in a cross promotional deal with Animoca Brands subsidiary The Sandbox — a nonlinear gameplay virtual world, which uses SAND tokens as in-game currency. Upon the announcement of the REVV/SAND pairing on automated market maker (AMM) Uniswap, players were given an opportunity to receive unique REVV-branded The Sandbox NFTs for providing liquidity to the REVV/SAND trading pair. The Sandbox themed REVV Racing rare NFTs were also given out to liquidity providers as part of the second REVV/SAND liquidity event launched by Animoca Brands. \

The total supply of REVV is 3,000,000,000 tokens. The allocation of REVV tokens are as follow: 500,000,000 (17%) allocated to F1 Delta Time; 400,000,000 (13%) to MotoGP, 1,300,000,000 (43.3%) kept as the reserves; 300,000,000 (10%) given to the team and advisors; 250,000,000 (8.33%) allocated to the initial DEX offering; 250,000,000 set aside for player reward reserve.

The 500 million REVV tokens allocated to F1 Delta Time are split as follow: 249,980,000 (50%) to game operations; 30,020,000 (6%) for staking; 200,000,000 (40%) kept as reserve; 20,000,000 (4%) allocated to promotion and marketing expenses.

REVV is currently available for purchase on the following exchanges: Uniswap (V2), KuCoin, Gate.io, Bittrex, LBank, Uniswap (V3), PancakeSwap (V2), CoinFLEX, Sushiswap, 0x Protocol, QuickSwap, ApeSwap, 1inch Exchange, CoinEx, BitZ, MEXC, Hoo, Hotbit, AEX, BitMart, BitForex, Mooniswap, LCX Exchange, ZT, AOFEX, WBF Exchange, Chiliz, Mexo Exchange and LATOKEN.

Cryptocurrency newbie? You can read more about how to enter the market and how to buy BTC, REVV or any other token in CoinMarketCap education portal — Alexandria.

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