Report post

What happened to F1 Delta time?

With major implications for NFT games. F1 Delta Time, which launched back in 2019 and was one of the first-ever licensed NFT games, has shut down. Animoca Brands announced the game's closure on March 15, just one day before the game spun off the track of success and ploughed into the barrier of oblivion.

Why did Animoca Brands close F1 Delta time?

A landmark partnership occurred when gaming Animoca Brands joined forces with Formula One to launch an NFT game in 2019. Last week, Animoca Brands abruptly closed the F1 Delta Time game after difficulties renewing the license. Players, lawyers and investors explain what went wrong and how to think about investing in licensed projects.

Why do F1 teams use Delta?

In the same way, F1 teams use delta to measure the time difference between the driver’s ongoing lap time and the pre-calculated lap time. Delta helps the driver and its team to keep a track of the pace of the driver during the race. The term delta is used during the whole of the F1 race.

How does staking work on F1® Delta time car NFTS?

Staking enables owners of F1® Delta Time car NFTs to earn REVV by staking their NFTs. The amount of REVV earned by staking is determined primarily by the rarity of the NFT, with rarer items generating greater returns.

Related articles

Canadian Authorities Initiate New Project to Combat Crypto Fraud

Canadian Authorities Initiate New Project to Combat Crypto Fraud2024-09-06 09:48:40The Alberta Securities Commission (ASC) has collaborate […]

Canadian Crypto Exchanges Faces Deadline For CIRO Membership

Canadian Crypto Exchanges Faces Deadline For CIRO Membership2024-08-06 23:33:50Canadian crypto exchanges face a looming deadline to comply with new regulations, specifically CIRO membership. With the crypto deadline approaching, exchanges are scrambling to adapt and ensure regulatory compliance. The question arises: are Canadian exchanges urgently pursuing regulatory compliance? This article explores the challenges and opportunities facing Canadian crypto exchanges as they navigate the changing regulatory landscape.

Best Ethereum ETFs In Canada For 2024

Best Ethereum ETFs In Canada For 20242024-08-01 02:52:21Discover the top Ethereum ETFs in Canada for 2024, including a comprehensive guide on what Ethereum ETFs are and how they work. Learn about the evolving investments in Ether ETFs like ETHR and CI Galaxy’s ETHX, as well as the purpose and benefits of investing in ETHH. Stay ahead of the curve with our curated list of top Ethereum ETFs for Canadian investors.

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms2024-07-25 15:35:16On Wednesday, Bitcoin mining firm Riot Platforms announ […]

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction2024-07-21 22:57:17Solana ETFs’ approval prospects and SOL price predictions are gaining momentum, with investors speculating on the potential impact of these funds on SOL’s growth. The outlook is being closely watched, especially during U.S. elections, as market sentiment could shift. While CME futures are not yet a necessity, the ETF approval may serve as a significant catalyst for SOL’s price movement. Stay tuned for updates on this developing trend.

The World's Leading Crypto Trading Platform

Get my welcome gifts