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Phil Hall
Phil Hall
Jan 9, 2021
News

Animoca Auctioned F1 Delta Time Track for $104.808

Animoca Brands auctioned the track F1 Rolex Grand Prix de Spa-Francorchamps 2020 1A for the racing game F1 Delta Time for $104.808 dollars.
Animoca Auctioned F1 Delta Time Track for $104.808

Animoca Brands auctioned the track segment Formula 1 Rolex Grand Prix de Spa-Francorchamps 2020 1A for the racing game F1 Delta Time for 1.8 million REVV or almost 105 thousand dollars. The player-owned track segment for the racing game F1 Delta Time is now the third most valuable NFT in the game's ecosystem. It's the fourth time a track segment sold, and the second time the track had an Apex rarity status.

A gamer or collector nicknamed SFLL had the highest bid in the auction. Aside from the track segment, SFLL owns a great variety of game assets for F1 Delta Time. However, Animoca Brands hasn't accepted the winning bid yet and therefore the asset has not been transferred at the time of writing.

Formula 1 Rolex Grand Prix de Spa-Francorchamps 2020 1A is the second Apex track segment that Animoca sold for F1 Delta Time. Last month Metapurse acquired the Grand Prix de Monaco 2020 1A for 223 thousand dollars, which is still the most valuable asset in the ecosystem. Metapurse is an investment fund that has been flexing its wallet in recent weeks, also acquiring every Beeple artwork that was sold in December.

A digital asset with the Apex rarity is the most rare asset of its kind in the F1 Delta Time ecosystem. Track-owners receive a percentage of all racing fees for races happening on their tracks. The more rare the track is, the higher their fees will be. Because there's a maximum of one Apex NFT per track segment, these will always have the highest revenue.

F1 Delta Time Key Openings

Last year Animoca Brands sold F1 Delta Time keys. These keys would eventually unlock new assets for the new Formula 1 season. They just launched the opening portal through the garage options on their website. Depending on the rarity of their keys, players can find for example common, rare of legendary assets. The types of assets range from the less popular car parts all the way to the far more valuable cars and drivers.

A driver like Lewis Hamilton sells for a couple of ETH or 107 thousand REVV. However, do you only want to buy a car part, then a you can find an engine for 0.07 ETH, while the cheapest drivers are also in the same price range.

What is F1 Delta Time?

In the officially licensed game F1 Delta Time players can collect virtual cars, drivers and car parts. Players can collect, trade, use or sell these parts individually as unique non-fungible tokens. Some of the very rare vehicles have sold for 16 thousand dollars through an auction. Animoca Brands already made thousands of dollars through a variety of auctions.

Competitive racing will be a core element of F1 Delta Time. Each car has characteristics unique to the vehicle. Acceleration, grip, top speed, and luck are the elements that will influence the car’s performance.

The new Grand Prix Mode presents the players with tracks from the official Formula 1 season. Players go head-to-head in qualifying sessions, before going into the final race. Similar to the Time Trial, car and driver compositions are key. The right track requires the right composition, as well as the most suitable tires for the current weather.

During qualifying, the player is in direct control of their car and driver. The player needs to control the speed of their car, decelerating as the car enters a corner, and then accelerating back out. Timing and control result in better maintained speed, and therefore better times.

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