Animoca Brands REVV Motorsport Racing Ecosystem
Animoca Brands has emerged as a powerhouse in blockchain gaming, with over 380 investments across the Web3 space. A core focus is pioneering play-to-earn games that allow players to monetize through tokenized rewards. This model is showcased in Animoca's REVV Motorsport series.
The REVV titles provide traditional motorsport gaming experiences like competitive online racing. However, vehicles, upgrades and other in-game assets are tokenized as NFTs on blockchain. Players can earn REVV tokens for achievements that can be cashed out or used to purchase new NFTs. An open marketplace allows trading rare collectibles.
This play-to-earn structure creates real economic value for players' time and skill. Instead of just entertainment, racing success and engagement generate crypto earnings. The model aligns incentives, rewarding creators for active ecosystems and players for participation.
As a leading Web3 firm, Animoca can leverage blockchain to reinvent gaming business models. REVV demonstrates how economic incentives and asset ownership can reshape user experiences. While still early, play-to-earn presents a paradigm shift in how games are designed and monetized. Animoca's portfolio provides it the resources to drive adoption of this transformative new model.
Guest: Will Griffiths, VP Commercial Strategy, Animoca Brands REVV Motorsport Website ➜ https://www.revvmotorsport.com/
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