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November 18, 2019
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Press Releases
  Formula 1 race car NFT "Japan Edition 2019" auction begins 14 October 2019
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10/11/2019
 


[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource GamesPress.]

11 October 2019: Animoca Brands and F1® Delta Time announce that the “Japan Edition 2019” official Formula 1® (F1®) non-fungible token (NFT) will go on auction starting 14 October 2019 at 9 am (GMT) and ending 17 October 2019 at 9 am (GMT). See www.F1DeltaTime.com for auction details.

The “Japan Edition 2019” car is a single, one-of-a-kind official F1® digital collectible, as well as a powerful virtual racing car in the upcoming blockchain game F1® Delta Time. Being an NFT, this car’s authenticity and true digital ownership are guaranteed on blockchain.

The livery of the “Japan Edition 2019” car bears the kanji 令和, signifying Reiwa. Reiwa is the new era in Japan which began on 1 May 2019, and the word means “beautiful harmony”. The “Japan Edition 2019” car is the first official F1® product to celebrate the very first FORMULA 1 JAPANESE GRAND PRIX of the Reiwa era took place on 13 October 2019.

The “Japan Edition 2019” car’s livery was inspired by the yoroi (armor) of a samurai; its intense color contrast of gold, red and black communicates this unique F1® car’s strength and elegance. A promo video of the “Japan Edition 2019” car is available at www.animocabrands.com/f1dt-japan-edition-2019-video, and photos of the car are available at www.animocabrands.com/japan-edition-2019-car-nft.

The “Japan Edition 2019” is a graceful and powerful racing car oozing with class and stylishness. With its top-notch performance indices (listed below), this virtual car is lightning fast and nimble, and will easily slash its way to victory.

  • Top Speed: 944/1,000
  • Acceleration: 963/1,000
  • Grip: 953/1,000
  • Luck: 58/1,000

The “Japan Edition 2019” car receives a special unique boost to all of its stats when racing at the Suzuka Circuit.

Details of the “Japan Edition 2019” auction The auction for the “Japan Edition 2019” car starts a day after the FORMULA 1 JAPANESE GRAND PRIX 2019 - 14 October 2019 at 9 am (GMT), and ends on 17 October 2019 at 9 am (GMT). Participation requires a web browser that supports Ethereum wallets, as well as an Ethereum wallet; bids are made in wrapped ether (wETH).

Previous F1® NFT auctions results F1® Delta Time has completed three auctions of unique and official Formula 1® NFTs. The landmark “1-1-1” car auction closed on 28 May 2019 for a record price of 415.9 ether (worth approximately A$160,000 at the time of sale); the “Monaco Edition 2019” car auction completed on 22 June 2019 for 108 ether (worth approximately A$43,000 at the time of sale); and the “France Edition 2019” closed on 15 July 2019 for 96.6 ether (worth approximately A$31,000 at the time of sale). 

F1® Delta Time F1® Delta Time is a blockchain game 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. The collectible component is available now, and the racing component will launch in early 2020. For more information please visit www.F1DeltaTime.com or join the official Discord channel at https://discord.gg/s6wn7dk.

-ENDS

About Animoca Brands Animoca Brands (ASX: AB1) leverages gamification, blockchain, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products based on popular intellectual properties such as Formula 1®, Garfield, Snoopy, Thomas & Friends™, Ever After High 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, Canada, Finland, and Argentina. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.

Contact: [email protected]

The F1 FORMULA 1 logo, F1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing BV, a Formula 1 company. All rights reserved.