Official Formula 1 Game Shuts Down, Makes Worthless NFTs Even More Worthless

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  • Official Formula 1 Game Shuts Down, Makes Worthless NFTs Even More Worthless

    NFTs were already worthless to begin with, am I right?
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    An official Formula 1 racing game "powered" by NFTs and crypto, closed down last month. The game was F1 Delta Time and its closure spells bad news for those foolish enough to have spent even a penny on the ongoing scam that are NFTs.

    See, F1 Delta Time was one of the first officially licensed NFT games out in the wild. It closed down last month, specifically it closed on March 16, just one day after it was announced that it would be shutting down. That left fans and grifters scrambling to figure out what to do with the NFTs that they traded from the game. Seems like the people that bought into this idea should have spent their money elsewhere like at casino bez depozytu.

    Apparently, the most expensive NFT sold throughout all of 2019 was an NFT for a car for the game. It was sold to someone for $100,000 (USD). You'd think that someone with that much money to blow on anything would have, I don't know, bought a real car instead? Someone later went on to spend $300,000.

    Though the game itself is dead, the NFTs from the game continue to live on, but they may as well be dead too. According to research conducted by Kotaku, those fools that spent hundreds of thousands of dollars on these NFTs are now proud owners of some "generic replacement tokens for an entirely different racing game."

    As part of our commitment to an open ecosystem, we are providing F1 Delta Time asset owners with the following options:

    - All F1 Delta Time car owners will receive Replacement Cars, which are equivalent cars for REVV Racing on Polygon based on the rarity and power of your original F1® Delta Time cars

    - Your F1 Delta Time cars can be swapped for a Race Pass, which is used in staking and gives access to future NFT mints and airdrops

    - Staking v4.0 will have our largest reward pool yet: 20 million REVV. To participate you will need to use your new REVV Racing assets together with a Race Pass. Future staking events to be announced.

    -Event Segment owners receive 6 months of rewards, and an option to swap for Track Vouchers, redeemable for a REVV Motorsport track NFT in the future

    - 2019 Crates and 2020 Keys can be bridged and staked into a SHRD earning pool on Polygon

    - All other F1 Delta Time assets can be swapped for Proxy Assets, which will be used in the future to obtain NFTs for products across the REVV Motorsport ecosystem
    As always, NFTs continue to be a scam. What a shocker.
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