Formula E — Creating the ultimate electric racing experience

The REVV ecosystem now includes three major motorsport brands

Greetings to all of our players! It has been a truly exciting autumn for us, especially with the recent announcement of a third project for the REVV ecosystem: Formula E. Today, we are pleased to announce the REVV allocation for the upcoming Formula E title: 350,000,000 REVV tokens.

The ABB FIA Formula E World Championship showcases industry-leading technology and blends the real and virtual worlds, on and off the racetrack. We’re extremely honoured to include Formula E in the growing universe of motorsport blockchain games powered by REVV!

Photograph courtesy of Formula E.

Formula E — REVV Allocation

The 350,000,000 REVV tokens allocated to the Formula E title are supplied by the Reserve pool of REVV. For the detailed plan for the overall REVV initial token allocation, please refer to this medium article.

The total allocation of REVV for Formula E is divided in following pools:

• Game Operations: 180,000,000 — A pool to aid production and operations, such as pre and post launch of features and functions, licensing related expenses, and content production.
• Reserve: 150,000,000 — Funds in reserve, unlockable for use specifically within Formula E, funnelling into Game Operations as required.
• Promotions & Marketing: 20,000,000 — Used in promotional campaigns such as user acquisitions and special Formula E events.

Formula E — REVV Allocation

As with the other titles in the REVV ecosystem, this allocation represents how we launch a game economy and does not imply restrictions for our players. For players, REVV will NOT be restricted for use exclusively within the Formula E title ecosystem, but can be used in any of the supported games (currently including F1® Delta Time and the upcoming MotoGP title in addition to Formula E). REVV can also be traded on various exchanges, such as Uniswap and Chiliz Exchange.

Find out more about REVV in our Light Paper.

Get some REVV now and prepare to race!

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Originally published at https://revv-token.medium.com on November 18, 2020.