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Hockenheimring racetrack joins Animoca Brands’ REVV ecosystem

Hockenheimring racetrack joins Animoca Brands’ REVV ecosystem

Blockchain unicorn Animoca Manufacturers mentioned it has signed a licensing deal to incorporate the Hockenheimring Baden-Württemberg racetrack in its REVV Motorsport ecosystem of play-to-earn racing video games.

See associated article: Want for Velocity will get Hong Kong’s Animoca in driver’s seat

Quick details

  • Animoca Manufacturers will mint and promote non-fungible tokens (NFTs) that symbolize partial possession of the digital Hockenheimring racetrack, based on an organization assertion. 
  • NFT holders can obtain shares of income earned from entry charges, sponsorships, and occasions from the digital racetrack. 
  • The REVV Motorsport ecosystem, which is powered by the REVV token, consists of fashionable gaming titles together with REVV Racing, System E: Excessive Voltage, and Torque Drift 2, amongst others. 
  • Earlier this 12 months, Hong Kong-based Animoca Manufacturers raised US$358 million to lift its valuation to US$5 billion. 
  • Animoca is anticipated to develop a sequence of blockchain-based racing video games after buying French racing sport studio Eden Video games in April. 

See associated article: Animoca Manufacturers, Okay-pop company Dice kind metaverse three way partnership

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