Motorsport to migrate current REVV Racing NFT to a new ERC-721

SNEAK PEEK

  • Motorsport will be migrating all of the current REVV Racing NFT in preparation for the new Fusion System.
  • The Migration will entail a new collection to be set-up.
  • The process will take approximately two to three months.

In preparation for the Fusion System, they will be migrating all of the current REVV Racing NFT contracts to a new ERC-721 contract.

During the migration, catalyst (CATA) and Shard (SHRD) tokens will be deployed on Ethereum and Polygon moving to the REVV ecosystem and REVV Racing in 2023.

While the existing ERC-1155 contract will be paused, the new ERC-721 contract will roll out to Polygon, with coinage occurring automatically. Moreover, the existing showcase will be removed, a new collection will be arranged.

All REVV Racing game components will be set up and updated to detect new ERC-721 smart contracts.

Migrated NFTs (literally new NFTs from a new smart contract) will have the same metadata, token ID, chassis number and feed as current NFTs. They are also functionally identical. The only difference will be the smart contract that controls them. New NFTs will also be supported by Fusion contracts.

The process of migration and deployment will take approximately two to three months. The storefront Existing will be removed and a new collection will be set up after the process. After the migration and set up the release will be on its website.

At this point in time, there will be a full inventory of NFTs available on the new platform. From this point on, all of the REVV Racing NFTs will be available on the ERC-721 platform.