By Press releaseDecember 04, 2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
4 December 2020: Animoca Brands announces that F1® Delta Time’s Apex digital car “Bahrain Edition 2020” has sold at auction for approximately US$77,414. The item is a unique non-fungible token (NFT) in the highest rarity and power tier for the blockchain game F1® Delta Time.
Politician and championship poker player Tony G (Antanas Guoga) acquired the “Bahrain Edition 2020” car NFT for his Super Fast racing esports team with a final bid of 2,650,000 REVV, equivalent to 138.72 ether or approximately US$77,414 at the time of sale.
The auction for the ultra-rare “Bahrain Edition 2020” Apex car NFT began on 1 December 2020 and ended on 4 December 2020. Bidding was conducted in REVV, Animoca Brands’ token for blockchain motorsports.
The “Bahrain Edition 2020” auction ended just two days after Animoca Brands sold the first segment of the Formula 1 Grand Prix de Monaco 2020 track at auction for approximately US$223,000, which was the highest price ever paid for a game-based NFT, branded game NFT, and, potentially, any NFT (refer to announcement of 2 December 2020).
Luca Lamberti, president of the Super Fast racing team said: “I’m extremely happy with the first Apex car on our team. The Bahrain Edition 2020 is a most welcome addition to Super Fast and it will make us even more competitive. F1 Delta Time is a great game with a fantastic ecosystem and a wonderful community. We believe in a bright future for the NFT industry, especially for the play-to-earn model being pioneered by companies like Animoca Brands. Anyone interested in joining Super Fast for a global and fun racing team can visit https://t.me/SuperFastRacing.”
The livery of the “Bahrain Edition 2020” car features glittering, circular ripples with a pearlescent colour profile and sinuous lines that represent the waters of Bahrain’s shoreline. The design is finished with splashes of neons inspired by Bahrain’s dramatic night skyline.
In F1® Delta Time there are 5 rarity and power levels for cars: Apex, Legendary, Epic, Rare, and Common, with Apex being the most powerful and scarce. As an Apex car, the “Bahrain Edition 2020” represents the pinnacle of performance available in the game.
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.
F1® Delta Time is a blockchain game officially licensed by Formula 1®, developed and published by Animoca Brands. The game consists of a collectible component based on NFTs as well as a racing component utilising those NFTs. Learn more at www.F1DeltaTime.com.
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.
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