Metakovan revealed as owner of F1® Delta Time’s “1-1-1”, the highest-priced NFT of 2019
11 November 2020: Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”) is pleased to announce that the buyer of the “1-1-1” digital race car non-fungible token (NFT) has come forward. The news was disclosed during episode #82 of the Blockchain Gaming World podcast, when the Company revealed that Metakovan is the owner of the 1-1-1, which he won at auction last year with a winning bid of 415.9 WETH (Wrapped Ether).
Metakovan is an entrepreneur, coder, and angel investor in blockchain technology since 2013, Y-Combinator alumnus, DeFi OG, blockchain native, and digital nomad. He acquired the 1-1-1 for the portfolio of premium NFTs in his crypto-exclusive fund, Metapurse.
Blockchain Gaming World podcast host Jon Jordan invited Animoca Brands co-founder and chairman Yat Siu, Metakovan, and Alex Atallah, the co-founder and CTO of OpenSea, to discuss the landmark sale of the 1-1-1, trends in the blockchain market, and the future of tokenized digital assets. Listen to the podcast here.
Additionally, the creator of the 1-1-1 has written an expanded personal account of the digital car’s auction and the Company’s more than year-long attempt to identify the buyer. The piece is titled “Saga of the 1–1–1: solving the mystery of 2019’s most expensive NFT” and is available on Medium.
Twobadour, steward of the Metapurse fund, commented: ”[W]e're in the process of showcasing Metakovan’s unique collection of digital assets, of which the F1® Delta Time 1-1-1 is a gem. The 1-1-1 is indeed a unique creation and reflects Metakovan’s convictions about this space, and about the quality and undeniable appeal of Animoca Brands’ work.”
Yat Siu, the co-founder and chairman of Animoca Brands, said: “After nearly a year and a half we finally know that Metakovan is the owner of the 1-1-1, and we couldn’t be happier. I am very grateful to Metakovan, whose participation sent a strong signal and set the tone for F1® Delta Time’s mixture of luxury and motorsport fun. I also extend my deepest appreciation to our talented team and our wonderful community of F1® Delta Time players.”
The 1-1-1: a milestone in digital motorsport
In May of 2019, Animoca Brands sold a record-setting non-fungible token (NFT) called the 1-1-1, the first digital car for the officially licensed blockchain game F1® Delta Time. The winning bid of 415.9 Wrapped Ether made the 1-1-1 the most expensive NFT sold in 2019, one of the highest priced game-based virtual assets, the priciest virtual car in history, and the highest sum ever paid for a branded game NFT. The identity of the buyer, however, remained a mystery until late 2020, when it was revealed to be Metakovan.
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, games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes, as well as products utilizing popular intellectual properties such as Formula 1®, Marvel, Garfield, Snoopy, Thomas & Friends™, 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. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.