Discover how Motorverse is enhancing digital motorsports with web3 technology, integrating brands like Nissan and Honda, and introducing the REVV token.
Eliza Crichton-Stuart
Head of Operations
Motorverse is making significant strides in the world of digital motorsports, leveraging web3 technology to create a comprehensive hub for gaming and motor enthusiasts. With a current lineup of 10 racing games, the platform has secured licensed deals with top car brands such as Nissan, Honda, and Toyota. As part of Animoca Brands, Motorverse aims to bridge the gap between digital and real-world motorsports, providing a unique and engaging experience for users.
Motoverse Logo
In 2019, Animoca Brands launched REVV Motorsport, the first motorsport-focused entertainment ecosystem in web3. One year later, the REVV token was introduced as the core token of the ecosystem. This year, REVV Motorsport has evolved into the Motorverse, an open digital ecosystem founded around vehicle ownership, motorsport, racing games, and community, leveraging real-world IP, the power of blockchain, and true digital ownership.
The key pillars of REVV (now Motorverse) are offering meaningful ownership, true interoperability, and a thriving community. The ecosystem is backed by Animoca Brands, which means access to its vast portfolio network of 450+ projects and is also supported by the gaming expertise and credentials of three major racing game studios: Grease Monkey Games, Eden Games, and WePlay, who collectively have over 150 million game downloads across PC, Mobile & consoles.
Central to the Motorverse ecosystem is the interoperable governance token REVV, which enhances blockchain features and underpins the platform's economy. The company envisions expanding its reach beyond mobile platforms, with plans to release games on consoles in the future.
Motorverse offers a unique proposition where users can purchase a digital car once and use it across multiple games within the ecosystem. This is made possible through the integration of blockchain technology, adherence to vehicle standards, and collaboration with notable licensors and creators. The platform aspires to replicate real-world vehicle ownership, allowing motorsport and gaming fans to collect, trade, and race officially licensed digital vehicles.
In addition to car brands, Motorverse partners with top motorsport IPs like Formula Drift, Formula E, and MotoGP. Through the Motorverse hub, users gain access to real-world utilities, including in-person racing events and partner loyalty programs. The ecosystem is designed to be collaborative, involving various partners and experiences, all connected by the REVV token.
Core Pillars and Ethos
Motorverse Ecosystem Explained
Games and IPs
Motorverse's partnerships, such as with MotoGP, highlight its commitment to embracing new technology and providing value to fans. The ecosystem's interoperable nature ensures that cars can be traded and used across multiple titles, with each vehicle accruing a unique history through various experiences and owners.
First NFT Mint Coming Soon
The Motorverse hub, accessible at Motorverse.com, serves as the central point for users to engage with the ecosystem. As the hub expands, it will offer more opportunities to purchase digital cars, explore compatible games, and interact with a wider array of experiences. The REVV token, already listed on exchanges like OKX, is positioned as the core currency within this digital motorsports universe.
Will Griffiths, General Manager at Motorverse, brings 20 years of experience in product and strategy leadership across various sectors. Previously, he held the position of Senior Director of Strategy at Electronic Arts, contributing to service growth. Additionally, Griffiths played a role in the acquisition of Codemasters by EA and contributed to significant growth at VGW.
Top Tier Team
Looking ahead, Motorverse aims to further integrate web3 motorsports into everyday digital culture, fostering a global community passionate about cars, racing games, and motorsports. The ecosystem's growth is expected to bring new utilities for the REVV token and potentially enable real-world purchases in the future.
Detailed Roadmap
The integration of web3 technology by Motorverse into digital motorsports illustrates the potential of blockchain gaming. Through blockchain features like ownership and secure transactions, Motorverse enhances the gaming experience and connects digital and real-world motorsports. The use of the REVV token as a governance and utility token within the ecosystem showcases a practical application of blockchain, offering benefits such as asset trading and access to exclusive content.
These developments emphasize the relevance of blockchain gaming, demonstrating its ability to transform digital experiences and create economic opportunities in the gaming industry. For more information and to stay up to date with the project we encourage you to check out the company X account and discover more via its website.
updated:
June 11th 2024
posted:
June 10th 2024