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: 500,000,000
- Project MotoGP™: 400,000,000
- Project Formula E: 350,000,000
- Reserve A: 650,000,000: 0x6cda3bb72b9f4ad691b05cab5aa904a0fbb9e7d5
- Reserve B: 300,000,000: 0x59c6a2f6dc758dc5c5567733cbb49da7fdde3cbb
- Team & Advisors: 300,000,000: 0x8ec76b0099cbdc48bd19c57a263a0b527ae74890
- Initial DEX Offering: 250,000,000: 0x38143a27af08935e3629232de8da513be301a694
- Player Reward Reserve: 250,000,000: 0x5a1294196008dff5ce68d19e88d9b31e6edad7c5
Project MotoGP allocation: 400,000,000
- Reserve Pool: https://etherscan.io/address/0x8537af398f15321f0e000e4f30978d0eb821530a
- Game Operations Pool: https://etherscan.io/address/0x5ab9e29BD638c9eD3D3B75adA479E01073567895
Project Formula E allocation: 350,000,000
- Reserve Pool: https://etherscan.io/address/0x09fa85d2829a921cb579ddbdc000e2a1ee470b31
- Game Operations Pool: https://etherscan.io/address/0x9492370f2d8f1341830931af38afc0f04e1be697
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).