$REVV - Technical details

$REVV was launched as an ERC-20 token on the Ethereum blockchain, and has since been bridged to Binance Smart Chain, Polygon, and Flow. Ethereum contract / Polygon contract / Flow contract

The token has a fixed supply of 3,000,000,000 tokens across all chains. The supply is managed and distributed by a central treasury. $REVV is not a ‘burnable’ asset, but instead will be reintroduced back into the economy after it is used by players for gameplay fees and NFT purchases (Note: $REVV spent in-game will have a 12 months lock before it can re-enter the economy).

The $REVV distribution has been updated to reflect the renewed focus on the Motorverse (Last updated Q4 2023).

Allocation	Tokens (m)	Released	Out-standing	Purpose
Liquidity	350 11.7%	250	100	Provision of liquidity across CEXs/DEXs
Development partner incentives	700 23.3%	324.1	375.8	Payments to studios, game developers, and other service providers that produce work for ecosystem projects affiliated with the Motorverse
Ecosystem incentives	1.550 51.7%	28.6	1.521,3	Allocations reserved for future external Motorverse games and ecosystem participants (token swaps) + incentives for players, influencers and other marketeers. Can be used to create/top up other pools if necessary
Team/ Advisor	200 6.7%	12.1	187.9	Allocations for team
Launch Partner	200 6.7%	0	200	Share to launch partner

Once the treasury allocates an amount of tokens to a recipient, e.g. a project, studio, or employee, the respective tokens will start their vesting schedule. The expected vesting for token releases to different stakeholders is as follows:

• Internal development partners: 12 months cliff + 24 months vesting

• External ecosystem partners: 18 months cliff + 18 months vesting

• Team/advisors: 12 months cliff + 12 months vesting

Note: While the default vesting will follow a time based mechanic, the Motorverse will implement additional milestone based vesting mechanics on a case by case basis.