F1® Delta Time "70th Anniversary Edition" Apex race car NFT auction, sale of 2020 Formula 1® season event NFTs
8 March 2021: Animoca Brands announces that F1 Delta Time will auction the ultra-rare “70th Anniversary Edition” Apex race car non-fungible token (NFT) on 9 March 2021 to mark the end of the F1 Delta Time and Formula 1 2020 season, the 70th year of Formula 1. The game will also offer direct sales of 800 Rare Formula 1 2020 event segment NFTs, priced at 10,000 REVV each, starting on the same day, which will be the last 2020 event segments to be made available.
“70th Anniversary Edition” car NFT
The “70th Anniversary Edition” NFT is a unique race car to celebrate the Formula 1 2020 season, which was the 70th anniversary of Formula 1. This car represents the long and proud history of Formula 1, which has seen decades of innovation combining the very best of technology and engineering with the pinnacle of motor racing.
The “70th Anniversary Edition” NFT auction marks the end of the 2020 Formula 1 racing season and paves the way for the start of the 2021 racing season.
In F1 Delta Time there are 5 rarity and power levels for cars: Apex, Legendary, Epic, Rare, and Common, with Apex being the most scarce and powerful. The “70th Anniversary Edition” is an Apex car and has top-level performance indices:
Top Speed: 970/1,000
Rarity Level: Apex
Auction details: "70th Anniversary Edition"
The auction for the “70th Anniversary Edition” NFT race car begins on 9 March 2021 at 3 am (UTC) and ends on 12 March 2021 at 3 am (UTC). Participation requires a web browser that supports Ethereum wallets, as well as an Ethereum wallet; bids are made in REVV, which is the ERC-20 main utility token and in-game currency for branded motorsport blockchain game titles produced by Animoca Brands. Bids ascend from a starting price of 70.70 REVV. Join the auction at www.F1DeltaTime.com.
Event segment NFTs
In F1 Delta Time, each Formula 1 event is represented by 330 segments, which are NFTs that can be owned by players. These segments are distributed in four tiers of descending rarity: Apex, Legendary, Epic, and Rare.
Owners of F1 Delta Time event segments can passively earn a share of all REVV entry fees collected for all races during that event in-game, and are also entitled to a yield based on the REVV staked during certain other events. Details of the F1 Delta Time event tokenomics are available at this official post.
Event Sale details: 800 Rare event segments
160 Rare segments from each of 5 famous F1 events (for a total of 800 segments) will be on sale starting 9 March 2021 at 8 am (UTC) at www.F1DeltaTime.com. The events are: FORMULA 1 PIRELLI BRITISH GRAND PRIX 2020, FORMULA 1 GRAND PRIX DE MONACO 2020, FORMULA 1 ROLEX BELGIAN GRAND PRIX 2020, FORMULA 1 GRAN PREMIO D’ITALIA 2020, and the FORMULA 1 CHINESE GRAND PRIX 2020. Each event segment is priced at 10,000 REVV. The sale will end on 13 March 2021 at 00:01 UTC, or when all segments are sold out.
Officially licensed F1® NFTs
All race cars produced by F1 Delta Time are officially licensed by Formula 1. Every car is an NFT digital collectible that can be used in the F1 Delta Time multiplayer racing game modes. Additionally, all car NFTs can be staked to generate REVV passively over time.
NFT collectibles can be extremely valuable. For example, F1 Delta Time previously sold the Apex race event segment “Formula 1 Grand Prix de Monaco 2020 1A” for approximately US$223,000 and the Apex race car “1-1-1” for approximately US$111,111.
You can learn more about the benefits of NFTs at https://www.youtube.com/watch?v=BH4M4XglMWU.
About F1® Delta Time
F1® Delta Time is a blockchain game licensed by Formula 1®, and developed and published by Animoca Brands. The game consists of a collectible element based on NFTs as well as different racing game modes, such as Time Trial and Grand Prix™, utilising those NFTs. For more information please visit www.F1DeltaTime.com or join the official Discord channel.
About Animoca Brands
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of products including the REVV token and SAND token, games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes, as well as products utilizing popular intellectual properties such as Formula 1®, Marvel, WWE, Garfield, Snoopy, Power Rangers, MotoGP™, Formula E, and Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland. The Company is based in Hong Kong, United States, South Korea, Finland, Argentina, and the Czech Republic. Subsidiaries include The Sandbox, Quidd, Gamee, and nWay. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.
The F1 FORMULA 1 logo, F1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.