REVV Token AMA Recap

REVV Token AMA Recap

CryptoDiffer team

Hello, everyone!

We are glad to meet here 

Founder and Chairman at Animoca Brands, Yat Siu (@yatsiu) 

VP of Engineering at Animoca Brands, Nathan Sala (@the_french_goat)

Product Lead F1 delta time, Sean Dudley (@Arcadion)

Founder and Chairman of American Brands, Yat Siu

I am Chairman and co-founder of Animoca Brands the company behind the REVV token and F1 Deltatime race game. I have been in video games all my life working with Atari back in the 80’s and got involved in NFT and blockchain games through Cryptokitties which led us to become investors in Dapper Labs.

https://www.animocabrands.com/axiom-zen-partners-with-ab1

Product Lead F1 Delta Time, Sean Dudley

Hi All! I’m Sean, I’m the product lead for REVV, F1 Delta Time and the upcoming MotoGP game. As well as overlooking a number of our other blockchain initiatives at Animoca Brands.

VP Engineering at Animoca Brands, Nathan Sala

Hi, I’m Nathan. I lead Animoca’s technical efforts for creating a blockchain/gaming ecosystem, providing true ownership and decentralisation to players. I am before all a passionate technologist and a gamer. I started my career in high-frequency trading in a major bank, then got passionate about Bitcoin and now gaming and decentralised finance.

CryptoDiffer team

Q2: Can you briefly tell us what is REVV in 3-5 sentences?

Product Lead F1 Delta Time, Sean Dudley

In brief, REVV is the currency of purchase and utility that powers the motorsport ecosystem that we’re building at Animoca Brands. And the only means to experience racing with Formula 1 and MotoGP on blockchain.

Founder and Chairman of American Brands, Yat Siu

REVV is the utility token that supports official motorsport content, games and NFT’s in the world of blockchain and is also a medium in which we plan to bring defi and fintech concepts to gamers as well.

introducing true digital ownership and real value in games creating player owned economies.

Before all these gamers (2+ billion of them) are playing with virtual assets and virtual currency but actually they have no value. Blockchain changes that and REVV is the proxy for that in the world of motorsports gaming.

VP Engineering at Animoca Brands, Nathan Sala

Before all these gamers (2+ billion of them) are playing with virtual assets and virtual currency but actually they have no value. Blockchain changes that and REVV is the proxy for that in the world of motorsports gaming.

CryptoDiffer team

Q3:  Let`s now talk about the milestones you have achieved and about your upcoming plans?

Founder and Chairman of American Brands, Yat Siu

There were a number of significant achievements, the first is that this is the first and exclusive blockchain partnership with Formula 1

F1 has close to 2 billion viewers and over 500 million fans, it is also a sport that is famous for its association of entertainment and money so a suitable audience to introduce crypto too we thought.

we think this adds a lot of credibility to a project like REVV

We have also managed to sell quite a number of NFT’s the most expensive one was sold for 415 ETH

The other is the partnership with the Nr. 2 motorsports brand, MotoGP https://www.motogp.com/en/news/2019/09/27/animoca-brands-to-develop-motogp-blockchain-manager-game/311015

Nathan will also elaborate on our technical achievements earlier this year we sold another successful sale of F1 assets https://www.animocabrands.com/f1deltatime-crate-sale-usd364000

and will be offering race tracks very soon which are highly coveted.

As a result, earlier this year Animoca Brands was named a top blockchain games company https://www.proactiveinvestors.com.au/companies/news/911322/animoca-brands-ranks-as-number-five-in-top-50-blockchain-company-list-for-2020-911322.html

we have also managed to popularize the concept through F1 and REVV how true digital ownership really matters to gamers and that real money is being spent on this.

Product Lead F1 Delta Time, Sean Dudley

This year alone has been incredibly exciting, we kicked off the first official Crate Sale for F1 Delta Time, putting licensed F1 cars and drivers into players hands. And released a mixture of features with our Workshop and Time Trial. 

Coming up, tomorrow in fact! We’re releasing the long awaiting NFT Staking platform on F1 Delta Time, where NFT owners will be able to earn REVV through leveraging ownership. 

Upcoming, in the very near future, the first release of the larger racing experience will be landing, followed by our MotoGP’s experience and content releases, as well as the next F1 Delta Time content sale, too. All of this adds value and utility to REVV.

And we’re looking forward to announcing project 3, too. 😁

VP Engineering at Animoca Brands, Nathan Sala

REVV, in the context of our decentralised ecosystem, is a major milestone. It is already powering game experiences in F1 Delta Time. In that sense, the major technical milestones revolve a lot on our smart-contracts enabling REVV-based interactions, involving F1 Delta Time, the next MotoGP title and another title yet to be announced.

REVV already interacts in different ways with (not exhaustive) the Formula1 assets (ERC721+ERC1155), the Time Trial as well as the NFT staking for REVV, going live tomorrow. The next major milestones will be the Racing Game contract, which will give cross gaming+DeFi utility to the REVV token.

REVV will also become our players on-boarding tool by the means of meta-transactions: players will be able to push transactions to the Ethereum chain without the need for ETH tokens, but with only REVV as a gas payment token.

CryptoDiffer team

Awesome, a lot of updates to come out!

Thank you for great answers!

I think it is time to start community questions round!

Cryptodiffer Community

REVV has a very impressive team, advisors and shareholders. How did you manage to bring all these people together to work on your project? How many developers are on your team now?

Founder and Chairman of American Brands, Yat Siu

Our company has had a long-term history in making games. Unlike some other crypto projects we are a revenue generating games company with a team of gaming veterans of, in some cases, over 30 years. The reason we are fortunate to have such a team is the result of our working history in this industry. Some information over here https://www.pocketgamer.biz/news/73867/animoca-brands-2020-revenues-record/

Cryptodiffer Community

Can you tell us the benefits & motivation for user/investors to keep the #REVV token long-term? 

Do you have a plan to help boost token demand and scarcity?

Product Lead F1 Delta Time, Sean Dudley

We have a long tail of content being built to utilise REVV. Starting with F1 Delta Time, we have a number of features – racing game, content sales, track sale – which will only be purchasable with REVV, and out this year. 

With each product we add, utility and value increases. MotoGP will also provide gameplay and content that can only be acquired through REVV, too. 

These are long term projects, with content and feature releases that will happen season by season. We’re also careful to ensure the release of REVV, where REVV in reserve is only being released as new products are being added.

Cryptodiffer Community

1. I love the F1, but the REVV is about Motorsport games, so Which others motor related games you have plans to add? Moto GP, Maybe Nascar or Rally too? 

2. The Label is ” Play to Earn” so the Game looks good, but Which are the CPU requirements to run It? Is possible play from MOBILE DEVICES?

Founder and Chairman of American Brands, Yat Siu

so MotoGP is added and we plan to add a few others that we will announce soon 🙂 at beginning these games are PC and web-based however we have deep expertise in mobile game development. Our team is experienced in this sort of work and you can see some of the creative teams work here in terms of what has been produced: https://www.youtube.com/watch?v=2eIJ3EG3gLs

Cryptodiffer Community

which types of Industries & userbase your project is mainly focusing on? Do you plan to establish partnerships with local cryptocurrency developers in each country to make the use of the token more global?

Founder and Chairman of American Brands, Yat Siu

the token is global in concept, it aims to attract fans of motorsports like F1 and MotoGP from all communities, not just crypto. F1® is considered to be the pinnacle of motorsport, and is the world’s most popular annual sporting series. It has a global footprint, hosting 21 races in 21 countries across five continents. During the nine months of racing per year, F1 attracts 1.6 billion television viewers, 506 million fans and 4.1 million race attendees. The sport boasts the world’s most valuable sporting fanbase and attracts highly prestigious companies as sponsors, including Pirelli, DHL, Rolex, Emirates and Heineken, among various others. Its broadcast partners include Sky, Fox Sports, and ESPN.

Cryptodiffer Community

I came across a media article  stating that Staking is available now for REVV tokens but I couldn’t see it anywhere, is this true, if yes can you explain more about it and how the requirements?

Product Lead F1 Delta Time, Sean Dudley

Staking is available tomorrow. It’ll be accessible at www.f1deltatime.com. If a player owns a car NFT, they’re eligible to Stake.

This is the first run of staking that will last for 4 weeks, with a total of 2m REVV being made available to earn. Following this period, we’ll release a second staking run of 10m REVV. 

You can read more about REVV and the imminent launch here: https://medium.com/@f1deltatime/f1-delta-time-all-about-staking-96b2f1f5d304

Cryptodiffer Community

Did Rev tokens project have any NFT?

And if yes, what make it special?

Founder and Chairman of American Brands, Yat Siu

REVV tokens is tied to NFT as you can also stake the NFT for REVV and you can buy NFT with REVV. Our NFT sales are amongst the most famous out there especially the 1-1-1 https://cointelegraph.com/news/virtual-racing-car-in-blockchain-game-sells-for-over-110-000

and our gamers spend quite a bit of money on these NFT’s https://www.nederob.nl/2020/03/10/gamers-spent-average-816-on-f1-delta-time-crate-sale/

Cryptodiffer Community

What kind of change or revolution are you trying to create in the world of crypto users ?

What will your mechanism solve ? How will you evolve with technological advancement?

VP Engineering at Animoca Brands, Nathan Sala

There are several angles by which we plan to bring the crypto-gaming experience to a next level.

REVV is the currency element of the ecosystem, but a lot of value is also stored in the non-fungible token, such as the Formula 1 cars. We offer new types of competitive experiences involving REVV and NFTs which are innovative and involve using advanced techniques to guarantee cost-efficiency and speed of execution. 

We are constantly looking at technology and put some efforts into staying at the edge of what is best and new. We will keep evolving as the technology evolves, simply because this is the nature of our business.

Cryptodiffer Community

I am not a video game consumer but I am interested that my son can enjoy dApps safely. Taking the necessary precautions, can my son, a high school boy enjoy F1 Delta Time and accompany him in the use of REVV tokens?

Product Lead F1 Delta Time, Sean Dudley

We have a background in developing mobile games and applications that are for kids, not just games but edutainment products, too (creating games with the likes of Garfield and Thomas & Friends). So we’re aware of policies such as COPPA and GDPR and the importance of creating safe environments. 

We want to be able to onboard all player types, as the goal and reason why we want to leverage motorsport is due to it’s ageless, mass appeal.

Cryptodiffer Community

What is Play-To-Earn? How can i monetize my time and activities with $REVV as a player?

The Gaming Industry is a multi-billion dollars industry with lots of well established players. So why $REVV need a blockchain?

Founder and Chairman of American Brands, Yat Siu

It means that you can have true digital ownership, the gaming industry is infact a 150 billion dollar industry with 2.6 billion gamers however it is not on blockchain. It means that there is no ownership, only rent. These well established players will be disrupted by companies like us because we are giving gamers a new way to play and to make a living from it.

We believe that once gamers realize they can play a game in which they can earn and make money or sell their assets for real value they will prefer to play those kind of games.

I discuss this in detail in this interview with Hashed, one of the leading blockchain investors https://medium.com/hashed-official/yatsiu-animocabrands-faec7c24bfdb where we talk about why gaming and blockchain is so exciting and disruptive.

Cryptodiffer Community

One of your advisors is Sebastien Borget COO & Co-Founder at Pixowl, The Sandbox. Do the $SAND token and $REVV token have a relationship or are competitors?

Founder and Chairman of American Brands, Yat Siu

SAND is from Animoca Brands as well, REVV is our second token project from within the team.

https://www.animocabrands.com/founder-letter-sandbox-sand-sale

https://www.animocabrands.com/binance-purchases-land-the-sandbox

So we have experience with decentralized blockchain games already and you should expect some very close relationships between the projects as they belong to the same company = Animoca Brands.

Cryptodiffer Community

•  Are the F1 Delta Time and MotoGP games developed by the REVV Token team? Or is it an alliance to include the tokens within these games already created?

•  To be able to play F1 Delta Time is it necessary to pay for the game or have some amount of tokens in staking? What exactly do I need to start playing?

Founder and Chairman of American Brands, Yat Siu

They are developed by the same team but we have many working alliances and relationships and we expect more tokens partnerships, for instance last week SOCIOS of CHZ token announced a partnership with us because of the joint connection on sports. To start playing you need a car and a driver!

You can buy them on the secondary market like here: https://opensea.io/assets/f1-delta-time?search=%7B%22sortAscending%22%3Afalse%2C%22sortBy%22%3A%22LAST_SALE_DATE%22%7D

you can see also that they go for quite high prices now: https://opensea.io/assets/f1-delta-time?search=%7B%22sortAscending%22%3Afalse%2C%22sortBy%22%3A%22LAST_SALE_DATE%22%2C%22stringTraits%22%3A%5B%7B%22name%22%3A%22tier%22%2C%22values%22%3A%5B%22Epic%22%2C%22Legendary%22%5D%7D%5D%7D

Cryptodiffer Community

What are some of the ways a player could earn REVV token and what effort are you making to ensure that real-money value is being applied to the token, do you have any plan of listing to public exchanges?

Product Lead F1 Delta Time, Sean Dudley

There are a few ways to get hold of REVV right now: 

– They can be won through the F1 Delta Time Time Trial: https://www.f1deltatime.com/timetrial

– Starting tomorrow, they can be earned through staking car NFTs

We’re looking to provide opportunities to put REVV into players hands, just this weekend we ran a giveaway related to the Tuscan GP: https://medium.com/@f1deltatime/f1-delta-time-grand-prix-weekend-competition-df119c4d51ff

So we do want to provide ample opportunities, as we really look to deliver Play-to-Earn. With the upcoming full racing game offering more opportunities to earn REVV. 

As for value, REVV is innately tied to our content. In a number of instances, REVV will be the only way to acquire and experience this. And with the prospect of being able to accrue more REVV through play by leveraging this content, the value of one connects with the other.

Cryptodiffer Community

1) What’s the role of blockchain in Motorsports? Why are you using it and its advantages?

2) As a motorsports focused project, will you partner with top Racing drivers like Lewis Hamilton and also car brands like Ferrari and Benz??

Founder and Chairman of American Brands, Yat Siu

We are the official and only partner of F1 on this, that means we already have the rights for Lewis Hamilton or Ferrari and Benz.

For instance, you can buy Lewis Hamilton, Legendary Edition which is asking for 100 ETH https://opensea.io/assets/0x2af75676692817d85121353f0d6e8e9ae6ad5576/57899578366707547814868634112920053789631857075842743175305621117031784936981

Cryptodiffer Community

Could you explain about Rev token staking model?

What is the requirements to join rev token staking program?

VP Engineering at Animoca Brands, Nathan Sala

Upcoming staking will allow owners of F1 Delta Time NFT owners to generate REVV over time through staking.

To explain it simply, if you own a Formula 1 car, you can send it (temporarily) to a staking contract, which will accumulate daily REVV rewards for you, in proportion of the car’s power level.

There are two upcoming staking releases, the first one will be available to F1 NFT car owners, while the second one will involve the escrowing of REVV during the time of staking.

You can find out more about staking here: https://medium.com/@f1deltatime/f1-delta-time-all-about-staking-96b2f1f5d304

For instance, you can buy Lewis Hamilton, Legendary Edition which is asking for 100 ETH https://opensea.io/assets/0x2af75676692817d85121353f0d6e8e9ae6ad5576/57899578366707547814868634112920053789631857075842743175305621117031784936981

Cryptodiffer Community

Hi mr. @yatsiu

NFT has a limited supply …

Will this affect game development for a long time?

Founder and Chairman of American Brands, Yat Siu

the supply limit is decided by the players, every new edition (like 2020, or 2021) will be determined by players to ensure that the balance of supply is met with demand at that time.

We believe this is the best way to preserve long-term value for the digital assets i.e. NFT’s

Cryptodiffer Community

3,000M Tokens can be an overwhelming amount, can you tell us about your distribution plans for these tokens? burns, buybacks?

Founder and Chairman of American Brands, Yat Siu

Only approx. 64 million tokens are in circulation, we have allocated tokens to support each project as part of rewards and incentives and acquisition but we are being very careful about it and want to ensure the growth of the token.

Cryptodiffer Community

•  Are the F1 Delta Time and MotoGP games developed by the REVV Token team? Or is it an alliance to include the tokens within these games already created?

•  To be able to play F1 Delta Time is it necessary to pay for the game or have some amount of tokens in staking? What exactly do I need to start playing?

Product Lead F1 Delta Time, Sean Dudley

Yes, the REVV team are directly involved in the development of F1 Delta Time and MotoGP. This provides us a fantastic opportunity to ensure that the design of the ecosystem connects in the right way with the products. 

You don’t need any REVV to stake in this coming month, you’ll only need a car NFT to earn REVV from that NFT. To play the game – both Time Trial and Racing Game – bear minimum is a car, driver and tyre.

Cryptodiffer Community

DeFi is one of the hottest topic in the crypto and  blockchain space right now. Can you share your opinion about DeFi with us? 

Why do you think the decentralized gaming market is better than the current centralized system?

Founder and Chairman of American Brands, Yat Siu

DeFi has introduced gamified finance to the crypto world (Sushiswap, Yfi etc.) and what we are doing is introducing Defi to Gamers which we think will help in introduce and expand the world of blockchain (and DeFi) even further.

Cryptodiffer Community

REVV is known as an ecosystem that can support many industries such as finance, gaming, …, this confuses your customers and potential partners to find the main goal. your. Can you tell us what is the priority product you are developing and what are the difficulties in developing it?

Product Lead F1 Delta Time, Sean Dudley

REVV is primarily a token for use in our gaming motorsport ecosystem. But it will innately store value due to the nature of it being an ERC-20 token. We want it to have that value, too, as we look to embrace a true Play-to-Earn model. 

So essentially, REVV is to play and experience our games, but Play-to-Earn will also generate real world value, too.

Cryptodiffer Community

Right now issuing a token is a rather simple process. However, building the system & ecosystem is the most difficult part. My question is, how will the demand of Revv will increase & how will Revv use within the ecosystem?

Founder and Chairman of American Brands, Yat Siu

The entire ecosystem is tied to the growth and popularity of motorsports and you can see more details on this here Explainer: https://medium.com/@animoca_brands/revv-token-allocation-explainer-and-release-schedule-2ba4a8476306

Light Paper: https://www.revvmotorsport.com/REVV-Motorsport-Lightpaperv1.1.pdf

 Crypto gaming and crypto in general is still very small in users (but high in value) introducing mainstream audiences will expand and therefore increase demand and utility of the token.

Cryptodiffer Community

Q: I know community is the key to the success of projects, so besides organizing AMAs, what strategy does REVV have to reach out and exploit new investors?

Founder and Chairman of American Brands, Yat Siu

outside of expanding AMA’s like this one we have an active discord group at: https://discord.me/f1deltatime and telegram: tg://resolve?domain=REVVToken

Cryptodiffer Community

1. What if the world leaders in the game industry decides to start working on Blockchain Games, What do you think will become of REVV? Will you be able to survive this competition ?

2. The only way monopolist in the world of games can be defeated is by bringing decentralisation into it. But this can only be acheived when crypto based games project  join hands together. 

Are you planning to join forces with the likes of Ultra and others ?

Founder and Chairman of American Brands, Yat Siu

Yes because as pioneers we have a first-mover advantage. Do you remember mobile games? None of the established players invested in it when it started to grow in 2010-2011 and by the time it became very large they had to either acquire them for billions of dollars or those same companies became bigger than the established players themselves!

Cryptodiffer Community

Kindly explain more about your Tokenomics, Release Schedule and UTILITY, is it inflationary or deflationary

What’s the utility of REVV , does it have use case beyond motorsports and why do you choose motorsports over other sports

Product Lead F1 Delta Time, Sean Dudley

Details on allocation and the light paper which provides info on utility can be found here: https://medium.com/@animoca_brands/revv-token-allocation-explainer-and-release-schedule-2ba4a8476306

And here: https://www.revvmotorsport.com/REVV-Motorsport-Lightpaperv1.1.pdf

As for motorsports, they’re entertainment for everyone. Regardless of age, gender or locale, anyone can be a motorsport fan. But also the nature of competition allows us to naturally tap into today’s gaming trends of online, competitive play.

Cryptodiffer Community

No Project can ever Guarantee the Safety & security of the Platform, Isn’t it?

What is the Revv  Plan to do that?

VP Engineering at Animoca Brands, Nathan Sala

To a certain extent, we are dependent on the cryptographic security of the blockchain we are building on.

This is the reason why we chose Ethereum, as it is currently the most secure smart-contracts decentralised platform.

For our own developments, we are constantly aiming at the most advanced level of security, and we get regularly audited by firms specialised in smart-contracts security. You can find the latest audit reports from Certik as follow:

– REVV: https://github.com/animocabrands/f1dt-ethereum-contracts/blob/master/contracts/token/ERC20/Animoca_REVV_Token_CertiK_Report_07_22_2020.pdf 

– Staking:  https://github.com/animocabrands/f1dt-ethereum-contracts/blob/master/contracts/staking/Animoca_NFT_Staking_CertiK_Report.pdf

Cryptodiffer Community

How does Revv token support any sport like motoGP and F1?

Is there any special sponsorship?

Founder and Chairman of American Brands, Yat Siu

It is not sponsorship, it is the official blockchain title https://www.forbes.com/sites/stevemccaskill/2019/03/29/f1-to-release-official-blockchain-game/#67e8041425d9

In addition NFT assets, much like art and collectibles also increase in value due to its scarcity and utility. Take for example this official F1 Ferrari car https://opensea.io/assets/0x2af75676692817d85121353f0d6e8e9ae6ad5576/57897811519642769430465586810463297644438562950565079147313458856281166058378 which increased over time and it is also a first edition

Cryptodiffer Community

One major source of problem in DEFI is smart contract vulnerability, which has lead to loss of funds, what steps have been taken REVV to fix this major problem and avoid future occurrences ?

Founder and Chairman of American Brands, Yat Siu

The contracts were all audited by Certik a reputable firm to ensure security amongst other things: https://medium.com/@f1deltatime/f1-delta-time-all-about-staking-96b2f1f5d304

many more details over at: https://revvmotorsport.com/

Cryptodiffer Community

One of your Purpose of Doing an AMA is to increase the demand for REVV Token

in addition most important factors for increasing the DEMAND of REVV Token is planning for more

 “ADOPTION of your Project , Launching more Products,

and Having more Partnerships”

What are REVV plans about these?

Product Lead F1 Delta Time, Sean Dudley

Thanks! We appreciate the enthusiasm for what we’re building! 

So, we’re only just starting with F1 Delta Time right now, with more content and features, and of course the main gameplay itself is coming up very soon. All of this increases value to REVV as it exists as the core currency. 

MotoGP, which will begin it’s first release in the coming months, is also a full-fledged gaming experience and ecosystem. This is a title with seasons planned, as ownership ties to longevity. 

And we’ve mentioned a third project that we’ll be announcing soon. But we have set aside a large amount of REVV for new projects, because we’re looking at adding to the ecosystem constantly. These 3 are just the start.

Cryptodiffer Community

Q1) The Revv token is the First motosport Game Currency ever, but to participate in a RACE why i need to pay ?

Q2) Have you considered use the REVV token to purshare NFT?

Product Lead F1 Delta Time, Sean Dudley

For Q1 – using REVV as an entry fee pays back to participants and track owners. The rewards are also REVV, so there is a fee to play, but a reward for playing. 

For Q2 – yes, content will be purchasable with REVV – cars, drivers, bikes, riders, and tracks!

Cryptodiffer Community

People are often interested in asking about technology and useful products. But I want to ask about your financial resources. To research and develop many such products, surely the cost REVV pay is not small. So where do you get all the profits from? How do you reduce costs and maximize profits? Can you tell us how much your profits have been up to now?

Founder and Chairman of American Brands, Yat Siu

Our company has strong financial results, as a public company we share financials to the market which you can see here https://www.animocabrands.com/reports-record-revenue-4months-2020 and you can see that we have funds to grow and continue, in addition Animoca Brands has been around for 10 years now.

Cryptodiffer Community

I saw on your Twitter the function of the REVV token in the field of motorsport games such as MotoGP games. My question is, why do motorsport games and other games need to use Blockchain technology?

Founder and Chairman of American Brands, Yat Siu

true digital ownership allows for real collection and collectibles. Collection like art or stamps or coins or even baseball cards are a 370 billion dollar market.

Virtually, before blockchain you could not own your virtual assets. Now you can have games and virtual assets that are permanent and thus real and you can trade them in the form of these NFT

that is why blockchain is so important, infact we think gaming and gamers are the key use case for mass adoption to blockchain.

Cryptodiffer Community

In this Crowded Blockchain World What makes REVV different from other projects?

Founder and Chairman of American Brands, Yat Siu

Official partner of F1 and MotoGP, extremely experienced team in making games as well as blockchain games. Investor and supporter of some of the earliest blockchain games including Dapper Labs (Crypto Kitties) Axie Infinity, Lucid, Opensea and of course our most recent success of the Binance listing of the Sandbox (SAND)

Sandbox is our subsidiary https://coinmarketcap.com/currencies/the-sandbox/

Cryptodiffer Community

1. Which wallets currently support REVV? How easy and secure is to connect and disconnect our wallet from REVV? 

2. REVV tokens are the currency for multiple titles. How can enthusiasts bet on their favorite for a race and what are the conditions to earn profits if your bet wins?

VP Engineering at Animoca Brands, Nathan Sala

We currently support Metamask, Dapper, Portis, Fortmatic and Bitski wallets.

Enthusiasts will be able to use REVV in a range of motorsport games. The coming F1 Grand Prix game will allow users to compete with each others in a race with an entry fee. All entry fees are pooled and redistributed, from bigger to smaller proportion to: 1. The race winner 2. The NFT track segments owners 3. Animoca Brands (as revenue).

This is a true play-to-earn economy, which will constantly bring new experiences to the players.

https://www.f1deltatime.com/

Cryptodiffer Community

1) What expectations does the REVV Token team have about your recent inclusion in the Hotbit exchange? What impact do you expect this to have in the short term on the value of your token?

Product Lead F1 Delta Time, Sean Dudley

The HotBit listing is the first, we are actively looking list on more exchanges in the coming weeks. The listing is important, as it adds value to the greater ecosystem that we’re building, which in turn benefits owners and players.

Cryptodiffer Community

Q1. What are the benefits of mixing blockchain and F1 races? Which improvements will this mean to fans that already played online to their favorite pilots? 

Q2. The total Supply of ypur token is 3 million, would you explain a little the distribution schedule? When and where could we buy, and what are the use cases?

Founder and Chairman of American Brands, Yat Siu

You can currently buy REVV at either Hotbit https://www.hotbit.io/exchange?symbol=REVV_USDT or Uniswap on revvmotorsports.com and the aim to be mixing blockchain and F1 racing is to develop mass adoption and bring in F1 fans into the world of blockchain gaming.

Cryptodiffer Community

REVV develops many products, which is an advantage when it can meet almost the needs of users. However, does developing many products make management difficult? How do you ensure the quality of all REVV products?

Product Lead F1 Delta Time, Sean Dudley

Being the developers of REVV and the connected titles actually puts us in a unique, advantageous position to ensure the quality. It’s a lot of work, but we’re so excited with what we’re building, and we want to ensure we deliver games and experiences that fans and players would expect.

Cryptodiffer Community

Q: The REVV token can be circulated inside and outside of F1®. Where else can it circulate? Being an asset, what other utilities would it have on other platforms? 

Q: Many REVV tokens have been assigned within F1® to feed ireserve game activity, Operations, Betting, Marketing and Promotions. Why exactly was the assignment intended for these functions? Do you plan to include others?

Founder and Chairman of American Brands, Yat Siu

the initial utility is described already for games, purchasing of NFT’s, staking etc. and the expanded utility comes from inclusion of a) more players and b) more motorsports brands beyond Formula 1 and MotoGP

Cryptodiffer Community

“What is the long-Term vision #REVV?

“What motivated you to develop and build the Project #REVV,why you need Blockchain?

Founder and Chairman of American Brands, Yat Siu

true digital ownership is what blockchain can deliver, for the first time gamers can truly own their assets. The long term vision is for REVV to be a key gaming platform for motorsports gaming which is a multi billion dollar industry already today.

Cryptodiffer Community

What is the user interaction strategy of REVV? Do you have a way to make it easier for beginners?

VP Engineering at Animoca Brands, Nathan Sala

First, our smart-contracts ecosystem is REVV-friendly: you will only need one transaction to use REVV as a payment token (ERC20s usually require 2 transactions).

As REVV will power meta-transactions, and as explained in a previous answer, it will indeed make it easy for beginners to start using REVV once in their hand. They will not have to deal with a crypto-exchange to first get some ETH: it will not even be necessary at all.

Founder and Chairman of American Brands, Yat Siu

You can learn more about REVV: https://www.revvmotorsport.com/

F1DT: https://www.f1deltatime.com/ and please follow us also at: Twitter – https://twitter.com/F1DeltaTime

Telegram – https://t.me/F1DeltaTime

Discord – https://discordapp.com/invite/dFBprfN

Medium – https://medium.com/@f1deltatime

OpenSea – https://opensea.io/assets/f1-delta-time

Cryptodiffer TEAM

Thanks for your time @Arcadion @the_french_goat @yatsiu👍🏻

Thank you everyone who took part today, appreciate all the great questions

Founder and Chairman of American Brands, Yat Siu

You are very welcome!

Thank you everybody, great questions!

Product Lead F1 Delta Time, Sean Dudley

Thank you!

VP Engineering at Animoca Brands, Nathan Sala

Thanks!

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
CryptoDiffer Admin
query2212@gmail.com

Leave a Reply

Your email address will not be published.