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.
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 well as the most suitable tires for the current weather.
During qualifying, the player is in direct control of their car and driver. The player needs to control the speed of their car, decelerating as the car enters a corner, and then accelerating back out. Timing and control result in better maintained speed, and therefore better times.
F1 Delta Time incorporates a strong play-to-earn model. Sure, it’s pricey to get into the game, but when you’re invested there are a variety of ways to make money. Players can for example join and win races, or lend cars to other gamers.
You earned some PLAY tokens!
PLAY is a token that’s community members can earn by contributing, sharing knowledge and learning about blockchain games. Right now you’ve read an article on Play to Earn Online Magazine, and you’ve learned a bit more about blockchain gaming. Therefore you will receive a reward. Claim this reward and create a Roll wallet, and join our community on Discord!
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn. He’s also Head of Content for DappRadar.