Delta Time, a Formula 1 (F1) blockchain game, has announced that it will begin an auction of F1 non-fungible tokens (NFTs) in a few days. The announcement also states that there already is a Pole Position Contest which will let the Delta Time community win amazing prizes, including the yet-to-be-auctioned NFTs, as well as Ether.
Beginning on the 28th of November 2019 at 2 am (UTC), NFTs for all 10 team cars will be auctioned in a “descending Dutch format, with a starting price of 30 ether.” The cars include the Mercedes AMG W10, Racing Point RP19, Alfa Romeo Racing C38, Williams FW42, Haas VF-19, McLaren MCL34, Red Bull Racing RB15, Ferrari SF90, Rosso STR14, and the Renault R.S. 19. The announcement adds that the performance levels of all the cars are quite alike, but will not be revealed until next week. Back in May, a car in the game sold for $110,600.
The publication also notes that the NFT’s “are of Epic rarity”, depicting the rarity levels available on the F1 Delta Time. For context, there are five rarity levels in increasing order of rarity from Common, Rare, Epic, Legendary to the most rare level which is Apex.
The Pole Position Contest will end on the 27th of November, the day before the auction is to begin.
Blockchain in Formula 1 is powered by a global licensing agreement between the company and blockchain firm Animoca Brands. Signed months ago in March, the agreement between both firms birthed F1 Delta Time.
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