Game company Animoca Brands has announced a licensing agreement with Formula E to develop a blockchain-powered Motorsport game featuring NFT (non-fungible token). It was reported that Animoca'S REVV token would be used as in-game currency in the game.
Revv, also used in Animoca's F1 Delta time, will also be used in the MotoGP game, which is scheduled to be released soon by the same company.
Formula E was designed by Jean Todt of the Federation Internationale de l'automobile (FIA) in 2011 and was held in Beijing for the first time in 2014. A total of 14 races are held in 12 cities each season as part of the organization. The organization is estimated to be watched by 411 million people each year. Postponed due to a Coronavirus outbreak, the sixth Formula E championship resumed in Berlin on 5 August.
Also, Blockchain-backed game developer Enjin announced a partnership with Canadian-based game studio Skymarch to develop three NFT-backed games.
Upcoming games include “Crystals of Fate”, a card game with a real-time combat system, “Zeal”, a PvP (player against player) action role-playing game, and “the Galaxy of Lemuria”, a survival game in the MMORPG genre.
Another announcement came from AAVE, the decentralized finance (DeFi) protocol. AAVE has announced a partnership with blockchain-based "digital pet universe" Axie Infinity.
He announced that he will distribute 4 thousand AAVE tokens to AAVE players who are sponsoring the upcoming season of “Axie community Alpha””. Players who stake at least 0.65 AAVE tokens may have a limited edition of AAVE-themed NFTS issued before December 6th.
Dapper Labs ' NBA Top Shot has launched a new NFT collection. Of the 3,411 packages in the collection, 203 were sold within 90 minutes of the tokens going on sale. NBA Top Shot announced that a total of $ 300k worth of packages were sold at $ 24 per pack.
According to DappRadar, the five largest Ethereum-backed Sunday places for NFTS had logged more than a million dollars in daily volume in October. NFT sales have declined since then, with the top five Sunday places recording $ 263k daily volume.