REVV
Crypto Overview
Purpose and Utility
REVV is the primary utility token and in-game currency for blockchain gaming ecosystem operated by Animoca Brands. It serves as the main currency across multiple motorsport-themed games including F1 Delta Time (discontinued), MotoGP Ignition, and REVV Racing.
Business Model Analysis
The token functions as a governance and utility token within the motorsports gaming ecosystem. Users can spend REVV on in-game items, participate in racing events, and trade digital collectibles. The business model appears transparent and focused on gaming utilities rather than financial services.
Real-World Adoption
The ecosystem has established partnerships with major motorsport brands including MotoGP. While the discontinuation of F1 Delta Time in 2022 impacted the ecosystem, REVV Racing and MotoGP Ignition continue to operate. The token maintains active trading volumes and usage within supported games.
Platform Development
Animoca Brands continues to develop and maintain the REVV motorsports ecosystem. Regular updates and improvements are made to existing games, though development pace has slowed compared to earlier periods.
Token Distribution
Initial token distribution included allocations for the team, advisors, and ecosystem development. While exact current holdings are not public, there appear to be standard vesting schedules for team tokens.
Crypto Impact
To assign a comfort level investing in REVV from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to REVV.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.