Thursday, April 22, 2021

REVV motorsports ecosystem shifts to Polygon due to Ethereum gas fees

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The writer of F1 Delta Time, Animoca Manufacturers, introduced a partnership with Ethereum layer-two answer, Polygon, on Feb. 18.

Underneath the partnership, the whole thing of the REVV token motorsport ecosystem shall be deployed on the Polygon community, beginning with the aforementioned F1 Delta Time.

This may be sure that gamers will not be hampered by extreme gasoline charges on the Ethereum blockchain. Excessive gasoline charges can cripple blockchain-based video games, as many in-game actions require performing a transaction to finish.

As many such video games provide alternatives to play-to-earn, this additionally limits (and in some circumstances can utterly negate) the potential for returns.

Polygon, which was beforehand generally known as the Matic Community earlier than rebranding earlier this month, is a layer-two answer for Ethereum scaling and infrastructure improvement.

The rebranding marked a strategic change to changing into a layer-two aggregator and interoperability facilitator.

Animoca’s REVV token ecosystem at present contains three motorsports associated video games. Together with F1 Delta Time, the utility token shall be utilized in two upcoming titles based on Moto GP and Formula E.

In December final yr, a nonfungible token, or NFT, representing 5% of the world well-known Monaco Grand Prix circuit within the F1 Delta Time recreation commanded a price of over 9 million REVV tokens at public sale, price roughly $222,000.