Token purpose
$REVV is the central utility and governance token for the Motorverse ecosystem.
Holders can use $REVV to:
Unlock access to the REVV LAUNCHPOOL: The Motorverse is constantly onboarding new partners and collaborators. Holders can stake their $REVV to gain exclusive access to items, tokens, and unique experiences.
Purchase Motorverse assets/experiences: $REVV is the main currency across all games within the Motorverse ecosystem. It continues to be used as a means to purchase, and create NFTs, and to access gameplay and experiences across multiple game titles. In the future, players in the Motorverse ecosystem will be able to use $REVV to pay for goods (cars, parts, tracks, etc.) and services. The larger the Motorverse ecosystem becomes the more $REVV will be used, and the more utility will be created for the token. While we start small with a few games, we expect this dynamic to become a major driver of use cases for $REVV holders in the long-term.
Participate in Motorverse governance: $REVV will be used as a governance token that bestows the holder with voting power for matters that relate to the wider Motorverse ecosystem. With a plan to progressively decentralise, holders of $REVV will increase their governance input over time.
The Motorverse will use the treasury to:
Incentivize ecosystem participants: $REVV will be distributed to various ecosystem participants in return for their participation and services to the Motorverse. We will use $REVV to reward people who have contributed value to the ecosystem (subject to vesting).
Fund new experiences that use $REVV: $REVV will be used as a means for the Motorverse to invest in new games and experiences that contribute to the wider ecosystem and use $REVV as a means of exchange. Allocations will be subject to milestone and time based vesting.
In a move away from outdated play-to-earn dynamics, $REVV will no longer be used as the main in-game reward, and instead only be attainable as reward for selected experiences that are designed with a more sustainable tokenomics in mind.
Given its decentralised, and permissionless nature, we expect a multitude of additional utility to emerge over time
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