Thursday, May 26, 2022

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 resolution, Polygon, on Feb. 18.

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

It will make sure that gamers are usually not hampered by extreme fuel charges on the Ethereum blockchain. Excessive fuel charges can cripple blockchain-based video games, as many in-game actions require performing a transaction to finish.

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

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

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

Animoca’s REVV token ecosystem at the moment 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 12 months, a nonfungible token, or NFT, representing 5% of the world well-known Monaco Grand Prix circuit within the F1 Delta Time sport commanded a price of over 9 million REVV tokens at public sale, price roughly $222,000.