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Animoca Brands, a subsidiary of Animoca Brands Corporation Ltd., the Hong Kong-based developer of popular mobile games, has announced the launch of its first metaverse token, REVV. The token is the first project to be launched under the company’s new blockchain-powered metaverse ecosystem, The Sandbox. The Sandbox is a virtual world in which users can create, own, and monetize their gaming experiences, and REVV will be used as a key component of the ecosystem. The token is expected to power a variety of features, including the ability to purchase digital assets, access unique in-game items, and reward users for their contributions to the community.
The Animoca subsidiary launching the first metaverse ecosystem token is called Fyooz.
The metaverse ecosystem token is designed to provide users with a secure and reliable way to transfer value within the metaverse.
The token will enable users to purchase virtual assets and services, as well as access exclusive content within the metaverse.
The token is expected to be available by the end of 2021.
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