All rights reserved. O n e of the key elements of F1® Delta Time is that all of the core assets of the game are NFTs, and this includes the events themselves. One which will provide daily racing rewards and opportunities to Play-to-Earn. F1®ACCESS. Making for a total of 24 Trophies being rewarded (4 Tiers, 2 Seasons). F1® Delta Time consists of two main play experiences - Collection and Competitive Racing. Unlike the other game NFTs, event segments are assets that will reward owners with … The collectible component is available now, and the action racing component will launch later in 2020. This digital push is essential if Formula 1 is to maintain and build its fanbase. Scoring points above a certain threshold will reward 2020 Keys. Formula 1® Shanghai International Circuit, The new Grand Prix™ Mode event runs from 29 March to 4 April 2021, 23:59:59 (UTC), The Events featured in this event are: Formula 1® Pirelli British Grand Prix™, Formula 1® Circuit de Monaco, Formula 1® Circuit de Spa Francorchamps, Formula 1® Autodromo Nazionale Monza, Formula 1® Shanghai International Circuit and Formula 1® Bahrain Grand Prix™, The final standings are score based, and will be uploaded to this post after the event, please note that this may take a few days, Rewards include F1® Delta Time 2020 Keys, 12 Trophies, and 75,000 REVV tokens per season. UPDATE(30.03.2021) - Our apologies, old reference photo was used for the Key points, this is now updated with the correct one. F1® Delta Time is a blockchain game on Ethereum. Trophies will be awarded to the top 3 of each Tier per-season, after all of the points have been tallied at the end of the event. If you’re new to F1® Delta Time, you can find out more about the game by checking out our Medium articles, as well as following us on Twitter. REVV has been pre-allocated to the first titles that will provide utility to the token, which includes F1® Delta Time and MotoGP™. Fastest player is determined by looking at the total points the player achieves across different tracks. Transactions times and high gas fees are a painfully familiar topic for anyone who has interacted with Ethereum based games. F1 Play. In addition to new on-screen graphics, it has partnered with Amazon Web Services, using cloud AI technology to crunch race data and present it in a more meaningful way to fans and commentators. These records can’t be changed, so it adds an element of trust and validation to environments without a central authority figure. F1 Delta Time Epic event segments sale sold out in 1.5 hours. This means that if you’re focused on playing in a single Tier, you will have 24 Leaderboards to compete on alone. F1® Delta Time on Discord: https://discord.gg/EZE6mkS, F1® Delta Time on Twitter: https://twitter.com/F1DeltaTime, F1® Delta Time on Facebook: https://www.facebook.com/F1DeltaTime. The first real life race took place at the Bahrain International Circuit on 4 April 2004, so we have quite a fitting timing here as well. 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. The legendary circuit has been hosting the Belgian Grand Prix since 1925. UPDATE 3 (16.04.2021) - Final standings have now been updated… Scroll to the bottom to see how it all played out! Free and simple registration required to view this content. All NFTs have special race day attributes that increase the chances of winning races and are produced in limited quantities as determined by their level of rarity. A League Guide To Who Thrives In 2021. The REVV Token — the utility token poweri n g motorsport games including F1® Delta Time and the upcoming project based on MotoGP™ — is part of the Animoca Brands decentralized family. Test your @F1DeltaTime time trial racing skills on the mix of high- and low-speed corners in Spain. In the U.K, the live broadcast rights are held Sky Sports with the British Grand Prix being the only race shown on free-to-air television. The game centres around the collection and trading of unique Cars, Drivers and Components. Welcome to the latest Grand Prix™ Mode Event, where for the first time ever both 2019 and 2020 seasons will compete for a total pool of 300,000 REVV, 2020 Keys, and REVV Trophies. As a sports fan and a seasoned technology writer and editor, I have attended some of the most important events in world sport and spoken to some of the biggest names driving this transformation. Your final placing in each Leaderboard will grant you the following points: The points you earned across all Leaderboards are then tallied to generate the final standings. Animoca Brands’ F1 Delta Time subsidiary also launched its sale on 14 April, with the event selling out within one and a half hours and raising 9.9 million REVV (the in-game currency for Animoca’s branded motorsport game titles), which is worth about US$3.38 million (A$4.37 million). Given the growth in yield farming activity during 2020 – which included NFT farming with the likes of MEME – it looks like blockchain gaming is doubling-down on such incentivized activity. Through blockchain, official Formula 1® non-fungible collectible tokens allow players to participate in a play-to-earn gaming ecosystem, where skills are rewarded with real value rewards. Liberty Media has made digital a priority ever since it acquired the sport in 2016 and appointed Frank Arthofer as global head of digital and new business back in May 2017. Praising the feminine prowess that permeates through Metal Gear’s Snake Eater. F1® Delta Time is a blockchain game licensed by Formula 1®, and developed and published by Animoca Brands. 2020 Keys will be awarded based on final points each player receives after the week of racing. F1® Delta Time is allocated 500,000,000 REVV, with this REVV being split into 4 primary REVV Pools. I have covered the intersection of sport and technology for more than half a decade, observing how new innovations are changing the sports we love, transforming sporting. You will compete in every Leaderboard of every circuit and weather condition. These F1® Delta Time NFTs are used in the game … The amount of REVV earned by staking is determined primarily by the rarity of the NFT, with rarer items generating greater returns. You may opt-out by. Compete for F1® Delta Time 2020 Season Keys and 150,000 REVV! https://www.f1deltatime.com/timetrial #animoca #F1 #blockchain #NFT #dapp #crypto #gaming #gamers #gamedev Animoca Brands is incentivizing people to add liquidity to the Uniswap […] All cars, drivers and components in the game are NFTs, each of are verifiably unique, wholly owned by a player who has the permission to use, trade or sell it. From fitness applications and smart stadiums to back end software and broadcasting, sport is undergoing its own digital revolution. Updated(01 March 2021): Results can be viewed at the end of the article. What Does The Michael Kidd-Gilchrist Signing Say About The New York Knicks. UPDATE 2 (30.03.2021) - Based on your feedback we realise that the change above was bit of a disappointment, so we have decided to lower the Key point requirements (please see updated table)and also all the registered users will receive 5 free tries in all Tiers as a gift! About F1® Delta Time Event Segments NFTs. Unlike traditional racing games, F1® […] We also have an active player community on Discord, so come and join the conversation. There is also a pool of 75,000 REVV for each season to compete for, which will be shared among the fastest players in each Tier. In the case of F1® Delta Time, the official Cars, Drivers, Components, and Circuits are all NFTs. © 2021 Forbes Media LLC. Which Three NBA Rookies Have Seen Their Stock Dip The Most Since The Draft? 2 December 2020: Animoca Brands proudly announces that F1® Delta Time ’s first Apex race event segment “ Formula 1 Grand Prix de Monaco 2020 1A ” has sold at auction for the record-setting price of approximately US$223,000. Potential Blockchain use cases for the sports industry include mobile ticketing, which has been adopted for the UEFA Super Cup final, and even club ownership. We also have an active player community on Discord, so come and join the conversation. It has also launched its own F1 TV, its own over the top (OTT) streaming service in certain markets. Major League Baseball At Odds With Itself And Its Fans, How Malik Monk Is Revitalizing His NBA Career, Pandemic Propels Sports Sponsorships To Outperform Expectations, How Passing Is Increasing The Value Of NBA Big Men Julius Randle And Thaddeus Young, Are All Fans Equal? The officially licensed Formula 1 racing game, which runs on Ethereum blockchain, reports high interest in NFTs. The Energy Store (sometimes abbreviated to ES) is an integral part of an F1 car's powertrain and ERS. For future titles, allocation will come from the REVV Reserve. The “70th Anniversary Edition” is an Apex car and has top-level performance indices: Top Speed: … #F1DeltaTime is an official Formula 1® #blockchain game developed by Animoca Brands and running on the #Ethereum blockchain. F1® Delta Time creates a new paradigm for digital ownership and gaming. This points threshold is based on Tier and on the season. Disclaimer: The text below is a press release that was not written by Cryptonews.com. Car-Racing Crypto Collectable Sells for Over $100,000 In Ether Tokens. It’s time to welcome the Formula 1 Bahrain Grand Prix™into F1® Delta Time, and what a better way to do this than an exciting week long Grand Prix Mode Event inF1® Delta Time, with 2020 Keys and 150,000 REVV on offer! What makes this latest event special is that from this week on, Grand Prix™ Mode will be generating rewards for the latest event segment owners. REGISTER OR SIGN IN. Located in the fuel cell and weighing between 20-25kg, the Energy Store usually consists of lithium ion batteries. In this Grand Prix™ Mode Event, players compete on the 6 different Formula 1® Grand Prix Events; The event runs for 1 week starting on 29 March 2021 and ending at 23:59:59 (UTC) on 4 April 2021. F1® Delta Time ’s Formula 1 Grand Prix de Monaco 2020 NFT auctioned for ~US$223,000, setting new record. F1® Delta Time will deploy on Polygon (previously Matic Network)!. F1 Blockchain game. For its own Blockchain-related project, Formula 1 has agreed a licensing agreement with Hong Kong-based gaming firm Animoca Brands to release F1 Delta Time. UPDATED (16/3/21): Final points standings for the 2019 and 2020 Seasons have been updated!Scroll to the bottom of the article for the results… Race for REVV and F1® Delta Time 2020 Keys. REVV on Twitter: https://twitter.com/REVV_Token, REVV on Telegram: https://t.me/REVVCommunity, REVV on Facebook: https://www.facebook.com/gaming/REVVTokenAB, What is REVV and how to get it in 3 easy steps: https://www.youtube.com/watch?v=JM3kjtAyor4. I have covered the intersection of sport and technology for more than half a decade, observing how new innovations are changing the sports we love, transforming sporting organisations at a business level, and how we consume the action as fans. Last week we saw the first ever F1® Delta Time Rare Event sale, and within 23 minutes all of the Event Segments found new owners. To kick-off the first full week of Spa Francorchamps being live and playable in the Grand Prix™ Mode, we are launching a 13 day Grand Prix event in F1® Delta Time, which involves both the Circuit de Monaco, and the aforementioned Circuit de Spa Francorchamps. Jon Jordan talks to MetaKovan, the owner of F1 Delta Time’s 1-1-1 car NFT, which was purchased for 415.9 ETH (c.$111,111.11) in May 2019 - still one of the most expensive NFTs ever sold - and the subject of much speculation ever since. Discord: https://discord.gg/eDrHew9, https://www.facebook.com/gaming/REVVTokenAB, https://www.youtube.com/watch?v=JM3kjtAyor4, How Ghost of Tsushima Uses Visual Cues To Guide Players, Gaming Revolution: Mobile Games Earn Players Money — Play to Earn #64, CRYING IS NOT ENOUGH Might Be The Most Amusingly Bad Game, Animal Crossing: New Horizons Helped the Masses Through the Worst of the Pandemic, A Brief History of Machine-Assisted Music in Video Games. Staking enables owners of F1® Delta Time car NFTs to earn REVV by staking their NFTs. This new model becomes similar to what to expect when the multiplayer releases, too. “We will leverage Formula 1’s considerable global reach to drive product uptake and revenue growth as together we seek to increase consumer exposure to Blockchain.”. Opinions expressed by Forbes Contributors are their own. For, coincidentally, Animoca Brands and Reality Gaming Group have both launched such initiatives. The first phase of the game will go live on May 10. All Rights Reserved, This is a BETA experience. 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. Now this historic circuit is ready for some high octane racing action within F1® Delta … The blockchain is a distributed ledger system famous for powering cryptocurrencies like Bitcoin, but its proponents believe it can be used in just about every single industry. Det a ils of the new Grand Prix™ Mode event 15–21 March 2021. In the last few months, with the ETH price continuing to rise, these have become concerns for our players, and we have been working to address them. "Securing a partnership to make blockchain games with Formula 1 - one of the most recognized brands in sport - is a notable achievement,” declared Yat Siu, co-founder and chairman of Animoca Brands. The game consists of a collectible component based on NFTs as well as an action racing component utilising those NFTs. The company works with other brands, including several children’s entertainment franchises, and uses gamification, Blockchain and AI technologies to appeal to target audiences. Formula 1 needs to retain a visible presence to keep teams and sponsors happy and, better late then never, it believes digital is the way forward. There is intense competition for millennials’ leisure time and even then they are using new channels, like Facebook, Instagram and Snapchat to interact with sporting organizations. Vilnius, Lithuania, 9th November 2020: Politician, poker player, businessman and blockchain enthusiast Tony G (Antanas Guoga) has announced ‘Super Fast,’ a virtual racing team for F1® Delta Time, a high-octane racing game powered by blockchain technology. It made history as the first Formula One Grand Prix to be held in the Middle East, and was given the award for the “Best Organised Grand Prix” by the FIA. But Circuit de Monaco consists of 330 tokens of three varying rarities, covering Rare, Legendary, Epic, and Apex. Animoca believes F1’s worldwide audience of 1.6 billion television viewers and 4.1 million race attendees, along with its high profile commercial and broadcast partners, will give it a platform to prove the viability of Blockchain gaming and to expand its business. F1 Delta Time's in-game tracks are tokenized for sale to the game's players in a fractional means, which resembles the way users purchase virtual land in Decentraland or The Sandbox. Test your knowledge of F1 race by race with the official free-to-play predictor. You can also find out more about REVV over at the official Twitter, Facebook and Telegram channels. It’s essentially a peer-to-peer platform that allows people to communicate and make transactions without the need for an intermediary. We are soon to be wrapping up this current event format, as we move to a new event system. 12 Trophies will also be earned by the top 3 of each Tier per season, after all of the points have been tallied. For its own Blockchain-related project, Formula 1 has agreed a licensing agreement with Hong Kong-based gaming firm Animoca Brands to release F1 Delta Time. F1 Delta Time will include a collectible element using non-fungible tokens (NFTs) and a racing element based on the trading and acquisition of these NFTs. The desire of Formula 1 owners Liberty Media to expand its audience and attract younger fans to the sport will see it launch an official Blockchain-based game next month. I cover the intersection of sport and technology, The Leukemia & Lymphoma Society BrandVoice, The Kentucky Derby Makes The Fastest Two Minutes In Sports A Year-Round Party. Set in 300 acres of forest in the mountains of Belgium, Circuit de Spa-Francorchamps is one of the most challenging and historic race tracks in Formula 1. So it’s possible to compete for 2020 Keys in both 2020 and 2019 Grand Prix™ Mode seasons, and across all Tiers. The forecast of some light rain should not be anything to worry about. Event Rewards - REVV, Trophies and 2020 Keys. If you’re new to F1® Delta Time, you can find out more about the game by checking out our Medium articles, as well as following us on Twitter. Points each player receives after the week of racing racing game, includes. 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