“F1® Delta Time” launches Staking feature allowing players to earn REVV by owning NFTs

 

11 September 2020: Animoca Brands announces that its blockchain game F1® Delta Time will launch its “Staking” feature on the game’s website at www.f1deltatime.com on 15 September 2020. Players will be able to stake their official Formula 1® race car non-fungible tokens (NFTs) to earn REVV, which is an ERC-20 token and the primary currency that will be used in F1® Delta Time and other upcoming branded motorsports games.

REVV is currently paired with Ether (ETH) and LCX Token ($LCX) on Uniswap, with Chiliz (CHZ) on the Chiliz Exchange, and with Tether (USDT) on the Hotbit exchange.

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In F1® Delta Time all cars are NFTs and will have the ability to passively generate REVV through staking, with rarer cars generating higher amounts of REVV. When players stake their car, they temporarily transfer the ownership of the cars to F1® Delta Time. Players are not able to trade, sell or use the car NFT while it is staked, but instead receive REVV based on factors including the NFT’s rarity, how long it is staked for, and other variables. More details about the staking feature are available at https://medium.com/@f1deltatime/f1-delta-time-all-about-staking-96b2f1f5d304.

To take advantage of staking, new players can purchase F1® licensed race car NFTs on OpenSea and visit www.f1deltatime.com. There are 5 rarity levels for cars in F1® Delta Time: Apex, Legendary, Epic, Rare, and Common. Apex cars are the most rare and valuable, as only one of each is available.

F1® Delta Time
F1® Delta Time is a blockchain game licensed by Formula 1®, and developed and published by Animoca Brands. The game consists of a collectible component based on NFTs as well as an action racing component utilising those NFTs. The collectible component is available now, and the action racing component will launch later in 2020. For more information please visit www.F1DeltaTime.com or join the official Discord channel.

REVV: the token for motorsports games
REVV is the ERC-20 utility token that serves as the primary currency in certain blockchain games developed and published by Animoca Brands. REVV is designed to enable true digital ownership of game assets, giving players freedom and control over in-game property - most of which is tokenized. Supporting games include F1® Delta Time (partly available in beta stage), an upcoming blockchain game based on MotoGP™ (initial features releasing in Q4 2020), and a third blockchain game based on a global racing franchise that will be announced soon.

REVV supporting games will be connected by a shared economy made possible by the REVV token, which is designed to be the currency of purchase, utility, and action for multiple game titles.

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Please note that transactions on the Ethereum blockchain require payment of Gas fees.

For more information please visit the REVV website at https://revvmotorsport.com or join the REVV Telegram channel.


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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 mobile products including 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, 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. For more information visit  www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.

Contact: press@animocabrands.com

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.

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Address: 211 McIlwraith Street, Princes Hill, VIC 3054, Australia

Copyright © 2020 Animoca Brands Corporation Limited. All rights reserved.

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