The Growth and Scalability of the REVV Motorsport Ecosystem — Building for the Future
Transactions times and high gas fees are a painfully familiar topic for anyone who has interacted with Ethereum based games. In the last few months, with the ETH price continuing to rise, these have become concerns for our players, and we have been working to address them. Today we are delighted to announce that F1® Delta Time will utilise the Polygon chain!
What this means for F1® Delta Time and REVV
One of the most exciting aspects of our partnership with Polygon is that REVV will be bridged to the Polygon chain. This means that if you hold a sum of REVV on the Ethereum blockchain, you will be able to use a bridge to transfer that same amount of REVV to Polygon. REVV on Polygon will be usable in the same manner as on Ethereum; it can be used to purchase gameplay tries and buy NFTs. There is also an exit bridge, meaning that any REVV you earn on Polygon can be transferred back to Ethereum.
For F1® Delta Time specifically, moving to Polygon will minimize transaction fees and make your Play-to-Earn experience much more efficient. This update will benefit players by providing faster transactions and much lower fees for game actions such as Key opening and future staking systems.
What to expect next
The integration of Polygon is not a small task. Because we’re planning to bridge REVV, it’s very important that the solution we will provide to users is secure and robust. Our first step over the coming weeks will be to enable the REVV bridge and support 2020 Key openings on the Polygon chain. Like REVV, NFTs can also be bridged between Polygon and Ethereum, meaning that a Key that is opened on Polygon can mint NFTs that can be sold on Ethereum.
This will enable us to switch to a full automatic claim system on rewards. Right now, all rewards are airdropped and players sometimes have to wait to receive them. With the new claim system, players will be able to receive their rewards promptly. This change will affect all features of the game: Grand Prix Mode(full multiplayer and events), Time Trial, Elite Time Trial, Tracks, and future features.
It will also allow efficient implementation of the multiplayer system by allowing more aspects of the game to occur on chain, ensuring a layer of trust and transparency.
Beyond F1® Delta Time, other aspects of the REVV Motorsport platform will also make use of Polygon. We will share more information on this in the coming months.
More about Polygon
Polygon Network is a Layer 2 scaling solution that achieves scale by utilizing side chains for off-chain computation while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators.
Polygon Network aims to solve some of the problems associated with the current blockchain platforms, including high transaction fees and long transaction times.
To learn more about Polygon, why not check out this exciting article: Matic Network Becomes Polygon, Ethereum’s Internet of Blockchains — Expands Mission and Tech Scope
Any questions, give us a shout!
If you’re new to F1® Delta Time, you can find out more about the game by checking out our Medium articles, as well as following us on Twitter. We also have an active player community on Discord, so come and join the conversation.
F1® Delta Time on Discord: https://discord.gg/EZE6mkS
F1® Delta Time on Twitter: https://twitter.com/F1DeltaTime
F1® Delta Time on Facebook: https://www.facebook.com/F1DeltaTime
You can also find out more about REVV over at the official Twitter, Facebook and Telegram channels.
REVV on Twitter: https://twitter.com/REVV_Token
REVV on Telegram: https://t.me/REVVCommunity
REVV on Facebook: https://www.facebook.com/gaming/REVVTokenAB
What is REVV and how to get it in 3 easy steps: https://www.youtube.com/watch?v=JM3kjtAyor4
The F1 FORMULA 1 logo, F1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.