May 19, 2022

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F1 Delta Time Closes And All NFTs Canceled Forever – Nerd4.life

Delta F1 TimingsOne of the biggest buy and sell games NFT They closed their doors by canceling all NFTs that were no longer worth anything. In fact, it hasn’t existed since it was in existence Deleted. In short, end users always compute less than zero, decentralized or not.

F1 Delta Time was launched in 2019 as one of the first licensed NFT games. On March 15, 2022, its shutdown was announced the next day, March 16, 2022. The developer, Animoca Brands, did not give users time to realize what was happening and blocked the servers.

F1 Delta Time relied on Cryptocurrency Ehterum, which players can convert into REVV, tokens owned by Animoca, which can be used to purchase in-game items in the form of NFTs.

Surely many of you weren’t familiar with the F1 Delta Time, but it was a flagship title of the successful for-profit gaming model, with which NFT sales were flaunted in insane amounts, like a car. The diamond (hypothetically, of course) went for $100,000.

Reason for closing? Looks like the game is lost Officially Licensed From formula 1. A fatal blow to the economic system based precisely on the sale of digital things under license. What about NFTs? They have all been erased, along with the credibility of the tale of owning digital assets on the blockchain. The developer is compensating the owners by giving him tokens for his other blockchain-based games, but players who have invested time and money in F1 Delta Time are clearly not satisfied with it and feel cheated. How do you blame him?

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After all, the promise of NFTs is their exclusivity and ownership by buyers, which should survive the games themselves thanks to the legendary block chains. Instead, it seems that this is not the case and that they have a master who is not the owner, other than wonderful symbols and words.