REVV Racing Introduces Renewed Tokenomics. Aiming to Become a Gran Turismo or Forza on Blockchain?

REVV Motorsport has come a long way from being just an NFT collections issuer, and is now the developer of three racing games based on blockchain.

REVV Motorsport has come a long way from being just an NFT collections issuer, and is now the developer of three racing games based on blockchain: F1 Delta Time, MotoGP Ignition, and REVV Racing, which are all connected by a one token ecosystem, creating REVV Motorsport metaverse of racing projects.

However, as a game develops, so too does its micro-economy. Thatโ€™s why the team has introduced two new fungible tokens: Catalysts (CATA), and Shards (SHRD).ย 

Sponsored

Shards are the proof-of-play token of the system, which means you can earn them by simply playing the game. Those hard earned Shards (SHRD) can then be exchanged into Catalysts (CATA), which are used for car tuning, both for visuals and performance. The REVV Motorsport team does not have the intention to list SHRD on any exchange. CATA can be sold on DEXs though.ย 

Through careful use of these tokens, you can turn your common cars into rarities, increasing their value on the market, as well as improving their performance characteristics, in the same way as breeding rare Axies works in Axie Infinity, for instance.

On The Flipside

  • So far, the gameโ€™s physics leave something to be desired. The game is not even close to the โ€œReal Racingโ€ series, on Android and iOS, in terms of physics and game mechanics. Although it feels okay as a browser game, letโ€™s hope the developers decide to move onto other platforms in the near future.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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Nazar Kuzmyn

Nazar Kuzmyn is an audience editor at DailyCoin, responsible for SEO aspects of the publication, long-form content, and the daily newsletter. He has experience in marketing copywriting and journalism, and his educational background includes a Bachelor's in International Relations and a Master's in Journalism and Media Industries. He currently lives in Vilnius, Lithuania, and enjoys attending live concerts and playing indie video games in his free time.

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