The racing game F1 Delta Time and the rest of the REVV ecosystem will be coming to the Polygon blockchain. Polygon, formerly known as Matic Network, creates an extra layer on top of the Ethereum blockchain that circumvents high gas fees. It’s unclear when F1 Delta Time will launch on the Polygon blockchain solution.
Polygon is one of the most-used layer-2 solution for the Ethereum blockchain. Because Ethereum is so popular, the network has become congested. The results in high gas fees for transactions, making it impossible to simply play a game with microtransactions. On Polygon transactions cost a fraction of a cent, and these transactions get processed within seconds.
F1 Delta Time is a racing game in which players own cars, drivers, car parts and tracks. Some users acquired premium items for thousands of dollars, like for example a part of a race track for $104.000. There are regular tournaments in which players can earn REVV tokens, which represent the native currency for the ecosystem.
REVV is the only currency used in F1 Delta Time. More racing games are coming to the ecosystem, including Formula E, MotoGP and brands owned by Atari.
NFT Staking coming to F1 Delta Time
Starting from February 22nd until March 23rd, users with a 2019 vehicle can stake their NFT and earn money. Cars that have been staked, are locked for at least 24 hours. Animoca Brands had made 2 million REVV available, which currently is more than 200 thousand dollars. Because REVV is currently $0.12 per token.
There will be more staking rewards in the future. The amount of REVV that Animoca Brands provides for these rewards, is influenced by player activity. Depending on races driven, time trial sessions, trading activity and keys opened, the amount of REVV from the pool will increase. They’ve developed a whole calculation for it.
These measurement for the third (next) staking round have started last Monday. By the end of March the rewards for Round 3 Staking will be determined.
What is F1 Delta Time?
In the officially licensed game F1 Delta Time players can collect virtual cars, drivers and car parts. Players can collect, trade, use or sell these parts individually as unique non-fungible tokens. Some of the very rare vehicles have sold for 16 thousand dollars through an auction. Animoca Brands already made thousands of dollars through a variety of auctions.
Competitive racing will be a core element of F1 Delta Time. Each car has characteristics unique to the vehicle. Acceleration, grip, top speed, and luck are the elements that will influence the car’s performance.
The new Grand Prix Mode presents the players with tracks from the official Formula 1 season. Players go head-to-head in qualifying sessions, before going into the final race. Similar to the Time Trial, car and driver compositions are key. The right track requires the right composition, as…
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