REVV Allocation and Circulation - 2021 Update

Our original article on REVV allocation and circulation can be read here and provides details on the initial supply and allocation of REVV. Since that article was published, REVV has been listed across more Decentralised Exchanges (DEX) such as Uniswap and SushiSwap, as well as Centralised Exchanges (CEX) such as Bithumb, KuCoin, Hoo, and Bibox. Additional listings are being planned. We therefore want to provide an update to REVV allocation and circulation.

The overall daily trading volume of REVV has grown over recent weeks to US$2,000,000 — US$3,000,000, boosted by the increase in the token’s listings and growing awareness of the project. The increase in the volume of REVV traded has been accompanied by an increase in price: REVV was first listed for US$0.00666 on Uniswap, but today is trading at a price of around US$0.08 (via CoinGecko).

Increased trade volume and price strength are also coupled with more robust utility, with the first REVV Motorsport title - F1® Delta Time - using REVV exclusively for purchases within the game platform.

Base Initial Allocation (including circulating supply):

F1® Delta Time allocation: 500,000,000

Details on the F1® Delta Time allocation can be read in the original article, and in the REVV Light Paper.

Project Formula E allocation: 350,000,000

An announcement on the Formula E allocation and initial pools can be read here.

Additional Liquidity Supply

The growth of the REVV Motorsport titles is innately tied to the REVV token itself, and we are pursuing additional exchange listings to further extend the growth of REVV. The liquidity supply for some of these future listings will be taken from the Marketing & Promotion Pools of F1® Delta Time, Project MotoGP™, and Project Formula E, which consist of a total of 60,000,000 REVV (20,000,000 REVV for each title).

Wallets for Marketing & Promotion pools:

F1® Delta Time:

Project MotoGP™:

Project Formula E:

The REVV token is an ERC-20 utility token that acts as the main currency for a number of game dApps developed by Animoca Brands.

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