Animoca Brands has unveiled all the details for their upcoming REVV token, which is the in-game currency and utility token for the racing game F1 Delta Time. Players will be able to use the token to entire tournaments and purchase collectibles. In addition the token can be earned by playing the game.
REVV is a so-called ERC-20 token used inside F1 Delta Time. This means that it’s basically a cryptocurrency. There’s a total supply of 3 billion REVV on the market, and Animoca Brands will be using 500 million for F1 Delta Time. This amount will be used for all kinds of in-game activities, ranging from staking rewards, and game operations, all the way to marketing and promotions.
For gamers the one for game operations is the most important one. There will be 273.980.000 REVV allocated for in-game rewards. There are also play-to-earn mechanics in this game. Players who win time trial challenges or grand prix races will be able to earn these tokens. It’s also useful to verify your account on F1 Delta Time, because every verified account will get 50 REVV for free.
Earning REVV isn’t limited to gameplay. Players who own a non-fungible token of a racing track, will earn a cut of all REVV spent to race on that particular track. A Time Trial race costs 10 REVV per try, while the price for a grand prix starts at 15 REVV and goes up depending on the Tier. In the future players will also spend the tokens to keep their tires in good shape.
What is F1 Delta Time?
F1 Delta Time is one of the officially licensed sports games from Animoca Brands. In this blockchain game players can collect virtual cars, drivers and car parts. Each of these parts is an unique non-fungible token and can be collected, traded, used or sold individually. Some of the very rare vehicles have sold for 16 thousand dollars through an auction. Animoca Brands already made thousands of dollars through a variety of auctions.
Competitive racing will be a core element of F1 Delta Time. Each car has characteristics unique to the vehicle. Acceleration, grip, top speed, and luck are the elements that will influence the car’s performance. Currently the races are shown top-down and feature limited gameplay options.
The Racing Game presents the players with tracks from the official Formula 1® season playable from your browser. Players go head-to-head in qualifying sessions, before going into the final race. Similar to the Time Trial, car and driver compositions are key. The right track requires the right composition, as well as the most suitable tires for the current weather.
During qualifying, the player is in direct control of their car and driver. The player needs to control the speed of their car, decelerating as the car enters a corner, and then accelerating back out. Timing and control result in better maintained speed, and therefore better times.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, started the Play to Earn Online Magazine in early 2020.