[Ari]

Officially Licensed Formula 1 'Ethereum NFT Game' Shuts Down

Kotaku

Games shut down all the time, but what’s notable about this one is that it was at one point a pretty big deal, at least in this cursed space! Example: the most expensive NFT sold in all of 2019 was a car for this game, which went for over $100,000. Add a combination of the official F1 license and a promised ability for players to “play to earn”, and you had an early test case for how NFT-powered games could work.

March 14th:
The Future of NFT gaming is here! Don’t wait to get in early on the officially licensed Formula 1 NFT game, build cars, race them around the world, profit!

March 15th:
“It is with deep regret that we announce that F1® Delta Time will cease operations on 16 March 2022. Whilst we have not been able to renew our license, we will ensure that current owners of F1® Delta Time assets are rewarded for their loyalty and support.”

March 16th:
Game Over, man, Game Over!

I watched the demo video on Kotaku so you don’t have too.

Loot box gambling!
Just to accidentally prove the point as to just how effective the lootbox randomized card pack style gambling is, the guy making the demo couldn’t wait to open the ‘keys’ he spent $600usd in tokens on on camera, and opened them before he started recording. You gain ways to up your car’s stats from these keys, so you can min-max for different courses.Once everything is configured it’s off to the races and, oh, this is just minimal effort needed to show their game requires skills and thus doesn’t fall into a game of chance. Up arrow is gas, shift is brake, space is boost. Hit the up arrow to go, when coming into a corner arrows will be red, reduce speed or break till they are green. Hit space when over a boost. There is no steering, or on track opponents.

That’s it, that’s the whole game.

It’s worth noting this isn’t just another rug pull, this is the best NFT gaming has at the moment, these are the true believers and the company will be covering their ass by allowing assets to be transferred to their generic Hot-wheels game, that’s basically the same but lacking any prestige.

The True meta:

RevvMotorsport

In 2021 the two most valuable virtual car transactions ever recorded occurred one day apart and were both - you guessed it - for F1® Delta Time cars.
There were many other remarkable milestones in the three-year history of F1® Delta Time, but enough retrospective for now. We are deeply grateful to our community for having supported this innovative and groundbreaking blockchain project, and we will make sure that you do not leave the racetrack empty-handed.

https://revvmotorsport.medium.com/f1...s-2fbf307fe89f

For many true believers, this is the real game that’s being played, they want to be first to something, to be highest on some record board of top achievements in crypto.