Blockchain game, F1 Delta Time licensed by the prominent racing series Formula 1 is auctioning its F1 car-branded non-fungible tokens (NFTs) this week.
On Nov. 22, an announcement was made by the F1 Delta Time stating that the auction will be held on Nov. 28, with fans already being able to participate in live contests to compete for various related prizes.
NFT Will Be Usable In The Forthcoming F1 Delta Game
F1 Delta Time reportedly draws over 1.6 billion television viewers across 180 territories with 506 million fans worldwide.
Non-Fungible Tokens (NFT) are a form of digital collectibles, which cannot be interchanged as each collectible carries unique information while varying in their level of rarity.
The rarity levels are set at five different levels. The official team cars are not available for the lowest two rarity tiers. Each NFT will be usable in the forthcoming official F1 Delta Time game and will be auctioned simultaneously in a descending Dutch format, with a starting price of 30 Ether.
All the F1 branded team cars will be included in the NFT auction:
- Mercedes AMG W10
- Ferrari SF90
- Red Bull Racing RB15
- McLaren MCL34
- Renault R.S. 19
- Racing Point RP19
- Toro Rosso STR14
- Alfa Romeo Racing C38
- Haas VF-19
- Williams FW42
The F1 Delta Times’ contest is currently inviting fans to predict the order of sale for the F1 team cars, with prizes including 30 Ether and various types of F1 Delta Time Car Gear NFTs.
Source: F1 Delta Time | Cointelegraph | Image: Shutterstock