LCX is excited to announce a partnership with F1® Delta Time. Users will be able to use the LCX Token to purchase officially licensed Formula 1® (F1®) crypto collectibles.
Crypto collectibles by F1 Delta Time are non-fungible tokens (NFTs) of drivers, driver gear, and tyres for use in the blockchain game F1® Delta Time.
The $LCX Token is a utility token to pay fees within the LCX blockchain ecosystem, such as the monthly subscription of LCX Terminal. This is the first time the LCX Token can be used on a dedicated partner project as well.
F1 Delta Time offers a variety of non-fungible tokens (NFTs) which can be purchased with LCX Token.
1. Just visit https://www.f1deltatime.com/
2. Choose the digital crypto collectible you want to purchase and click “Buy Now”
3. Under “Payment Method” choose $LCX Token.
4. Finish Purchase and enjoy your new NFT crypto collectible.
F1 Delta Time started a special crate sale on February 25th 2020.
Crates in F1® Delta Time are ERC-20 tokens and are available in 4 tiers: Common, Rare, Epic, and Legendary. Purchases can be made using cryptocurrencies such as ETH, DAI, OST, USDC, USDT, and others. Players can choose to open their crates, sell them to other players, or hold on to them for future use. Each tier of crates has a limited supply: Common crates: 2,500; Rare crates: 2,000; Epic crates: 1,500 and Legendary crates: 500. Each crate contains 5 NFTs, including race cars, drivers, car components, driver gear, or tyres. The contents of crates are random, with cars and drivers being the rarest to obtain.
In F1® Delta Time there are 5 rarity levels for NFTs: Apex, Legendary, Epic, Rare, and Common, with Apex being the most scarce. The rarity levels of the NFTs in each crate are determined based on the tier of the crate: Common crates: 1 Rare and 4 Common NFTs; Rare crates: 2 Common and 3 Rare NFTs; Epic crates: 3 Common, 1 Rare, and 1 Epic NFTs and Legendary crates: 3 Common, 1 Rare, and 1 Legendary NFTs. Crates can randomly contain an item that is one level higher than the tier of the crate – for example, a Rare crate may contain 2 Common, 2 Rare, and 1 Epic NFTs (instead of the normal 2 Common and 3 Rare NFTs).
Formula 1 is the greatest racing spectacle on the planet, and the world’s most popular annual sporting series. Formula 1 fans the world over now have the opportunity to experience the pulse-pounding action of Formula 1 alongside bleeding edge technology in F1® Delta Time.
In-game NFTs consist of unique tokens that can be used in gameplay: Cars, Drivers and Components. A Car token can be improved by adding or upgrading components such as engine blocks or turbochargers. Each token possesses its own set of stats that may affect the performance of the Car or Driver. These NFTs are limited; only a set number of each token will be created and made available to players. Tokens of higher rarities are drastically fewer in number, and as such, have higher value.
F1® NFT auctions
F1® Delta Time has previously completed auctions of five unique and official Formula 1® NFTs of the Apex rarity level, starting with the landmark “1-1-1” digital car collectible that sold on 28 May 2019 for a record price of 415.9 ether (worth approximately US$113,000 at the time of sale); this was followed by the “Monaco Edition 2019”, “France Edition 2019”, “Japan Edition 2019” and “China Edition 2019 Azure Dragon” which sold for 387.11 ETH in total.
About F1® Delta Time
F1® Delta Time is a blockchain game licensed by Formula 1®, developed and published by Animoca Brands. The game consists of a collectible component based on NFTs as well as a racing component utilising those NFTs. The collectible component is available now, and the racing component will launch later in 2020. For more information please visit www.F1DeltaTime.com
About Animoca Brands
Animoca Brands (ASX: AB1) leverages gamification, blockchain, 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 based on popular intellectual properties such as Formula 1®, Garfield, Snoopy, Thomas & Friends™, Ever After High 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, Canada, Finland, and Argentina. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Twitter.
LCX AG is a company found in 2018 and registered in Liechtenstein No. FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider.
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