REVV motorsports ecosystem shifts to Polygon due to Ethereum gas fees

The publisher of F1 Delta Time, Animoca Brands, announced a partnership with Ethereum layer-two solution, Polygon, on Feb. 18.

Under the partnership, the entirety of the REVV token motorsport ecosystem will be deployed on the Polygon network, starting with the aforementioned F1 Delta Time.

This will ensure that players are not hampered by excessive gas fees on the Ethereum blockchain. High gas fees can cripple blockchain-based games, as many in-game actions require performing a transaction to complete.

As many such games offer opportunities to play-to-earn, this also limits (and in some cases can completely negate) the potential for returns.

Polygon, which was previously known as the Matic Network before rebranding earlier this month, is a layer-two solution for Ethereum scaling and infrastructure development.

The rebranding marked a strategic change to becoming a layer-two aggregator and interoperability facilitator.

Animoca’s REVV token ecosystem currently comprises three motorsports related games. Along with F1 Delta Time, the utility token will be used in two upcoming titles based on Moto GP and Formula E.

In December last year, a nonfungible token, or NFT, representing 5% of the world famous Monaco Grand Prix circuit in the F1 Delta Time game commanded a price of over 9 million REVV tokens at auction, worth approximately $222,000.

Source: Read Full Article