Animoca Manufacturers has introduced that it has formally secured the licensing rights for Hockenheimring Baden-Württemberg (Hockenheimring), particularly for its REVV Motorsport ecosystem. As a brand new digital venue, the monitor itself shall be accessible throughout the platform’s library of racing video games.
The Hockenheimring, situated in southwestern Germany and steeped in a number of many years of motorsport custom, is without doubt one of the most well-known racetracks on the planet.
“We’re very proud and completely happy to take our first step into the metaverse alongside Animoca Manufacturers, one of many high blockchain gaming corporations and a real pace-setter in the case of offering digital property rights to players,” mentioned Jorn Teske, managing director of Hockenheim-Ring GmbH. “Our standing as one of many first formally licensed race tracks of REVV Motorsport each underlines the energy of our model and opens up entry to thoroughly new goal teams and a brand new dimension of fan engagement. The financial potential this yields for us as licensors additionally makes it extraordinarily fascinating as a enterprise case.”
Together with it being a very playable venue for gamers, Animoca Manufacturers will even produce and promote NFTs that represents partial possession of the Hockenheimring on REVV. Holders of Hockenheimring NFTs will passively earn a portion of the entry charges, sponsorships, and/or occasion internet hosting income generated on the digital racetrack throughout all REVV-based video games wherein it options.
Having opened inn 1932, the Hockenheimring has performed host to numerous motorsport occasions, starting from F1 German Grand Prix, Bike GP even NASCAR. Extending for 4.574km, with 6 left, 11 proper turns and 6 straight, the ring itself is a spectacle of racing spectacles
