New Blockchain Game F1 Delta Time Is Coming Via Animoca Brands And Formula 1 Racing Series
Animoca Brands To Launch A Blockchain Game Based On Formula 1 Racing Series
Animoca Brands has announced the reaching of a deal with Formula 1 (F1) to create and distribute F1 Delta Time – a blockchain game based on the popular racing series. Animoca is a company that develops a variety of mobile games based on blockchain and AI technologies.
The primary objecting of developing and releasing the F1 Delta Time title is to drive fan engagement, according to the licensing contract. The game will have two components – a collectible based on non-fungible tokens (NFTs) and a racing component that uses those tokens. The first version of the game is scheduled for launch on May 10.
Yat Siu, chairperson and a co-founder of Animoca Brands, said that working together with a brand as popular as Formula 1 is a significant achievement for their company. He added that they will benefit from F1’s popularity in their mission of increasing the awareness and adoption of blockchain technology around the world.
Formula 1 is undoubtedly the epitome of motorsport and is the most popular racing services in the world. The races are held in 21 different tracks in 21 countries spread across five continents. Each season last for nine months. During this time, the event attracts 1.6 billion viewers on TV, 4 million attendees and 506 million fans around the world. It is sponsored by leading companies such as Emirates, DHL, Rolex, Pirelli, and Heineken, as well as leading broadcasting houses such as ESPN, Sky and Fox Sports.
Three years ago, Liberty Media acquired Formula 1. The company, which operates in 30 countries, has since developed the sport by partnering creative firms to improve fan experiences. Liberty Media has also invested heavily in new technology, widening access to content and improved fan engagement.
The team at Animoca Brands is confident that Formula 1's huge pulling factor will significantly contribute to the expansion of their global reach. This, in turn, will increase the uptake of their other products.
To access the latest news and updates concerning the F1 Delta Time games, users are encouraged to visit www.f1deltatime.com. This site features a countdown to the game’s launch date, as well as loads of in-game gifts.