## What Is REVV?

[REVV](https://coinmarketcap.com/currencies/revv/) (REVV) is a [utility token](https://coinmarketcap.com/alexandria/glossary/utility-token) used as an in-game currency in blockchain motorsport games developed by Animoca Brands. It serves to maintain the gaming economy in F1 Delta Time, MotoGP Ignition and REVV Racing. These projects implement the concept of [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play2earn-play-to-earn), through which gamers are provided with financial benefits in the form of [cryptocurrency](https://coinmarketcap.com/alexandria/glossary/cryptocurrency) for their contribution to the game world.

During gameplay, REVV is obtained as a reward for participating in time-trial races and grand-prix tournaments, as well as through [staking](https://coinmarketcap.com/alexandria/glossary/staking) of the race cars and collecting dividends from track ownership. Players can spend the currency on non-fungible token ([NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token)) purchases and gameplay entry fees inside of this digital universe.

According to the [official lightpaper](https://www.revvmotorsport.com/REVV-Motorsport-Lightpaperv1.1.pdf), a summary version of a whitepaper, REVV first token sale was in September 2020, just prior to the launch of F1 Delta Time in December 2020. Subsequently it was introduced to MotoGP Ignition and REVV Racing upon their respective releases in March 2021 and August 2021.


## Who Are the Founders of REVV?

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.


## What Makes REVV Unique?

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](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm) (AMM) [Uniswap](https://coinmarketcap.com/currencies/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. \



## Related Pages:

Learn about what [play-to-earn](https://coinmarketcap.com/alexandria/glossary/play2earn-play-to-earn) is, and the [top NFT games in 2021](https://coinmarketcap.com/alexandria/article/top-nft-games).

Read more about other P2E games: [Binemon](https://coinmarketcap.com/alexandria/article/what-is-binemon), [My DeFi Pet](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-my-defi-pet), [MOBOX](https://coinmarketcap.com/alexandria/article/what-is-mobox-mbox), [CryptoZoon](https://coinmarketcap.com/alexandria/article/what-is-cryptozoon), [Kaby Arena](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-kaby-arena), [Alien Worlds](https://coinmarketcap.com/alexandria/article/what-is-alien-worlds-tlm-features-tokenomics-and-price-prediction) and [Guild of Guardians](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-guild-of-guardians).

Find out more about [CryptoBlades versus Axie Infinity](https://coinmarketcap.com/alexandria/article/cryptoblades-vs-axie-infinity-top-play2earn-games), two of the top P2E games.

Look into [SKILL](https://coinmarketcap.com/currencies/cryptoblades/) — the in-game cryptocurrency of CryptoBlades.

Check out [SAND](https://coinmarketcap.com/ru/currencies/the-sandbox/) — the in-game cryptocurrency of The Sandbox.


## How Many REVV Coins Are There in Circulation?

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.


## How Is the REVV Network Secured?

REVV is an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) standard token based on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain. Tokens can be created on the Ethereum blockchain via smart-contract, an algorithm stored on the blockchain.


## When Will REVV Trading Begin?

REVV trading began on Sept. 4, 2020, via automated market maker (AMM) Uniswap. REVV was initially launched priced at $0.00666 for the ETH/REVV trading pair.


## Can REVV Hit $1?

Upon analyzing changes in REVV rate during the time since launch, an obvious correlation between the instances of REVV price spikes and of Animoca Brands game release dates can be seen. The REVV price significantly increased in April 2021 upon the release of MotoGP Ignition and at the time reached $0.60. More recently, in August 2021 the release of REVV Racing triggered price growth once again. Although it is most likely that the positive dynamic will continue in the near future due to the recent launch, with the current token price around $0.25, REVV is still far from $1 and has not yet signalled that it will challenge the level.


## Where Can You Buy REVV?

REVV is currently available for purchase on the following exchanges: [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [KuCoin](https://coinmarketcap.com/ru/exchanges/kucoin/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [Bittrex](https://coinmarketcap.com/exchanges/bittrex/), [LBank](https://coinmarketcap.com/exchanges/lbank/), [Uniswap (V3)](https://coinmarketcap.com/exchanges/uniswap-v3/), [PancakeSwap (V2)](https://coinmarketcap.com/exchanges/pancakeswap-v2/), [CoinFLEX](https://coinmarketcap.com/exchanges/coinflex/), [Sushiswap](https://coinmarketcap.com/exchanges/sushiswap/), [0x Protocol](https://coinmarketcap.com/exchanges/0x-protocol/), [QuickSwap](https://coinmarketcap.com/exchanges/quickswap/), [ApeSwap](https://coinmarketcap.com/exchanges/apeswap/), [1inch Exchange](https://coinmarketcap.com/exchanges/1inch-exchange/), [CoinEx](https://coinmarketcap.com/exchanges/coinex/), [BitZ](https://coinmarketcap.com/exchanges/bitz/), [MEXC](https://coinmarketcap.com/exchanges/mxc/), [Hoo](https://coinmarketcap.com/exchanges/hoo/), [Hotbit](https://coinmarketcap.com/exchanges/hotbit/), [AEX](https://coinmarketcap.com/exchanges/aex/), [BitMart](https://coinmarketcap.com/exchanges/bitmart/), [BitForex](https://coinmarketcap.com/exchanges/bitforex/), [Mooniswap](https://coinmarketcap.com/exchanges/mooniswap/), [LCX Exchange](https://coinmarketcap.com/exchanges/lcx-exchange/), [ZT](https://coinmarketcap.com/exchanges/zt/), [AOFEX](https://coinmarketcap.com/exchanges/aofex/), [WBF Exchange](https://coinmarketcap.com/exchanges/wbf-exchange/), [Chiliz](https://coinmarketcap.com/exchanges/chiliz/), [Mexo Exchange](https://coinmarketcap.com/exchanges/mexo-exchange/) and [LATOKEN](https://coinmarketcap.com/exchanges/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](https://coinmarketcap.com/alexandria/).


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RAYN

MDEX is a new decentralized trading protocol that launched in January 2021.

MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem.

A trading platform built on top of HECO, MDEX has an estimated cost for token swaps at $0.001 for each trade, with a transaction speed of three seconds.

Mdex

Dvision Network

Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.

BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.

Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB.

BakeryToken

Polkastarter is a decentralized fundraising platform empowering Web3 projects to launch and raise funds through multi-chain token pools whilst significantly growing their communities.

The platform supports initial dex offerings (IDOs) across major blockchains, including Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche and Celo.

The platform enables investors to secure early access to IDOs, NFTs and Gaming Web3 innovation. It is most commonly used by early-stage blockchain projects that want to raise capital and easily distribute their tokens at the same time.

Through Polkastarter, blockchain projects can easily create their own fixed-chain swap pools, which allow them to securely raise funds, while users can invest without risks, since swaps are automatically executed by smart contracts.

POLS is the native utility token of the Polkastarter platform. Its main utility is gaining access to pools and giving projects the option to give priority access to POLS holders. Users are incentivised to stake POLS, rewarding the most loyal members.

In Q4 2022, Polkastarter will release new community utility features, such as governance and POLS Power Boosters (increasing your allowlisting success). The platform first went live in December 2020, and has quickly grown to become one of the most commonly used platforms for initial DEX offerings (IDOs) operating on the Ethereum blockchain.

Polkastarter

Phala Network is a coprocessor for blockchains. Developers deploy “Phat Contracts,” off-chain program for coprocessors, enhancing dApps with connectivity, internet access, and heavy computation, overcoming web3 constraints.

Phala Network has one of the largest Trusted Execution Environments (TEE) on Intel Software Guard Extensions (SGX) hardware, which means that any code/data on Phala Network is protected from unauthorized access by users. Phala addresses developer concerns with expanded developer language support such as JavaScript and more, and ready-to-deploy Templates for seamless Phat Contract integration, streamlining the experience for web3 developers.

Phala stands at the forefront of Web3 innovation, fostering development through its Builders Program.

Phala Network

RFOX

MBOX is the native utility token that is used for:

MOBOX

Splinterlands is a digital, collectible card game based on blockchain technology and inspired by games like Magic the Gathering and Hearthstone, where players build a collection of cards with different attributes and battle other players in skills-based matches. It is a game where players can buy, sell and trade their digital assets just as they would with physical trading cards games such as Magic the Gathering, Pokémon and Yu-Gi-Oh!

Splinterlands was created as players lost the ability to truly own their assets (or trading cards) once games went digital. With blockchain technology, it allows players to own and trade their digital assets freely once again. It also allows the game to have true scarcity and transparency, which means all cards on Splinterlands have a verifiable supply and historical record.

Players battle other players by choosing ranked or practice battles. With ranked battles, players can increase their rating. There is no downside to playing ranked battles as a beginner since players with a rating below 100 do not lose ranking points. Battles take place between players of similar strength. When matched up with an opponent, both players choose a set of six monster cards and one summoner card for the battle to destroy all their opponent’s monster cards and win the battle.

Although the game is free-to-play, players need to purchase the summoner’s spellbook for $10 if they want to unlock the game in full. With the summoner’s spellbook, players get access to their account keys and unlock the ability to earn Dark Energy Crystals, which can be redeemed for real currency.

Splinterlands started in May 2018 and launched Splintershards (SPS) – its governance token for the SPS decentralized autonomous organization (DAO) at the end of July 2021. It concluded a $3.6M private token sale for 6.6% of the SPS token supply. After reaching 100,000 players in its first three years, it added another 50,000 in just over a month from June 2021. Splinterland plans to build out its game in the latter half of 2021, with oracle integration planned for Q1 2022.

Splintershards

Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).

Play-to-earn (P2E) NFT games have seen an exponential rise in popularity and value this year. Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.

To date, Alien Worlds has established a fair amount of its roadmap, having TLM on Binance launchpad and farming period of TLM on Binance Launchpool. A large portion of game developments have been forged as well. Moving forward, Alien Worlds aims to automate the claiming process of daily allocation to landowners in the game. Artifacts NFTs are soon to be released, and future plans include NFT interoperability.

Alien Worlds

APENFT

Metis is an Ethereum Layer-2 scaling solution aiming to solve the blockchain trilemma: that blockchains cannot be decentralized, secure, and scalable simultaneously. It also strives to solve Ethereum's biggest challenges: speed, cost and scalability.

Metis wants to help developers create and manage existing decentralized applications (dApps), while also supporting developers and entrepreneurs who want to build and launch new dApps. It also integrates the Decentralized Autonomous Company (DAC) framework into its Layer 2 infrastructure to help developers and businesses move from Web 2.0 to Web 3.0.

Metis

Tokocrypto was launched in September 2018 and became the first entity registered under Indonesia's Commodities Futures Trading Regulatory Agency (BAPPEBTI) by November of that year. Tokocrypto’s latest project, TKO, is the first Indonesian cryptocurrency to offer a unique hybrid token model.

The token serves several purposes on the Tokocrypto blockchain platform and allows users to participate in crypto exchanges, deposit and savings programs, cross-platform DeFi applications, and NFT marketplaces. Toko Token was officially launched in April 2021 and has since attracted the attention of both private and enterprise users. The Tokocrypto platform was created in tandem with Binance, which serves as a significant backing for the project and its future development.

Toko Token

Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can go long or short with up to 10X leverage on a growing number of assets like BTC, ETH, DOT, SNX, YFI and others. Trading is non-custodial, meaning traders always retain possession of their assets, and on-chain. Perpetual Protocol utilizes a virtual automated market maker (vAMM), which provides on-chain liquidity with predictable pricing set by constant product curves. Furthermore, Perpetual Protocol designed its vAMMs to be market-neutral and fully collateralized.

The declared vision of Perpetual Protocol is to create the world’s best, most accessible, and most secure decentralized derivatives trading platform. By building on our DeFi projects and allowing projects to build on Perpetual Protocol, the company embraces the “DeFi money lego” ethos. After hitting a number of milestones in its roadmap, such as launching staking pools and implementing limit and stop-orders, Perpetual Protocol plans to expand to other chains, introduce leveraged tokens, and launch dynamic liquidity in its pools.

Perpetual Protocol

Seedify.fund(SFUND) Seedify is a blockchain gaming-focused incubator and launchpad that empowers innovators and project developers through access to funding, community and partnership building, and a full support system to help drive the future of gaming and blockchain. Its ecosystem also includes an NFT launchpad for gaming and metaverse assets, along with the industry's first gaming-and-metaverse-asset-centric NFT marketplace, Seedify NFT Space.

Featuring an IGO launchpad with a tiered allocation mechanism, Seedify enables $SFUND holders to stake their tokens and earn staking rewards while gaining access to quality, procured blockchain gaming projects through private sales and initial game offerings. The launchpad's tier system consists of nine tiers. Tier 1 uses a lottery-based allocation process, while tier 2 to 9 participants enjoy guaranteed allocation.

Along with IGOs, stakers can also participate in initial NFT offerings (INOs) and initial metaverse offerings (IMOs) on Seedify's NFT Launchpad. Additionally, staking $SFUND, gives holders the opportunity to receive tokens from the projects that have been selected and supported by Seedify's incubation program.

Committed to bringing the opportunities offered through blockchain gaming and the play-to-earn model to billions around the globe, the Seedify team has established key relationships with numerous VCs and industry peers, to build an extensive support network for blockchain gaming and metaverse startups.

Interested game industry innovators submit their project proposal to the Seedify

Seedify acts as a launching pad for blockchain games and the disruptive play-to-earn gaming model. The gaming industry is gradually entering a new era — previously gamers may spend large sums of money on in-game items with no direct monetary benefits. However, they are now able to make money by earning in-game item non-fungible tokens (NFTs) and tokens, which is facilitated by the play-to-earn revolution.

Blockchain technology has not only opened up more opportunities for gamers and game developers, but it has also offered additional forms of benefits like transparency, ownership, incentive models and digital ownership through NFTs.

The team behind the Seedify project are pursuing a global goal: to acquaint gamers with the blockchain and increase the rate of technology adoption, attract a huge number of users, create more jobs and financial benefits.

Seedify.fund

Starting as an open-source project in 2017, IoTeX has built a decentralized platform whose aim is to empower the open economics for machines — an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives.

With a global team of over 40 research scientists and engineers, IoTeX has built their EVM-compatible blockchain from scratch using the innovative Roll-DPoS consensus and launched in 2019 April, which has been running by 100+ delegates worldwide and has processed more than 10 million transactions already. On top of the IoTeX blockchain, the team has built the essential blocks of infrastructures to connect with Ethereum, BSC, and Heco blockchains such as ioPay wallet (https://iopay.me/) and ioTube bridge (https://iotube.org/), which serve ten thousands of users. IoTeX helps EVM-based DApps scale without concerning expensive gas fees!

Besides, middleware such as Decentralized Identity, Confidential Computing, and Secure Hardware has been built on top of the IoTeX blockchain. This has enabled the creation of self-sovereign devices such as Ucam, and real-world data oracles like Pebble. Ucam (https://ucam.iotex.io/) has been deployed to over 3000 households (http://iott.network/). Meanwhile, Pebble has been launched to more than 300 developers initially, and enables innovative Dapps to connect the physical world with the crypto world, such as real-world NFTs, weather derivatives and machine learning-as-mining.

IoTeX

My Neighbor Alice is a farming-themed play-to-earn builder game built on Chromia. The game bills itself as a place where “players can buy and own virtual islands, collect and build exciting items while also making new friends.” Each player has their own avatar representing them in the game, which they can modify as they please. Players can buy virtual real estate from Alice, the game’s eponymous central figure, or the internal marketplace. All purchased land is represented as an NFT.

My Neighbor Alice aims to introduce blockchain to millions of players and targets a diverse gaming community within the traditional gaming market. Although the game is blockchain-based and integrates DeFi features, it does not require prior knowledge of cryptocurrency and blockchain. My Neighbor Alice takes inspiration from several popular sources. For instance, daily in-game tasks and social aspects are inspired by Animal Crossing, whereas Minecraft serves as a role model for building mechanics. The artwork was inspired by the Swedish children’s book Pettson and Findus.

MyNeighborAlice

Ethernity Chain

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

SushiSwap

Aavegotchi (GHST) is the governance token of the Aavegotchi NFT Gaming protocol. GHST token holders receive voting power in the AavegotchiDAO, which oversees all aspects of the protocol, Aavegotchi’s flagship game the Gotchiverse, and Aavegotchi NFTs.

Aavegotchis themselves are pixelated ghosts backed by the ERC-721 token standard. The Aavegotchi NFTs have dynamic metadata that changes over time through user interaction.

An Aavegotchi’s value and rarity is determined by its collateral stake, traits and wearables.

Collateral stake is based on the innovative ERC721 Aavegotchi NFT that manages an escrow contract holding Aave-backed ERC20 collateral or "aToken," which generates yield via Aave's LendingPool. Traits are based on random traits upon birth, kinship and experience (XP).

The protocol is called Aavegotchi as a nod to Aave, which translates to “ghost” in Finnish, and is powered by the Aave protocol, one of the leading lending protocol in DeFi. The token ticker also cleverly spells out “ghost,” minus the vowel.