"The bad news is that our NFT game for this game is going to be shut down; the good news is that we have another game."
On March 15, the official Twitter of the game F1 Delta Time suddenly published an announcement. The announcement indicates that the game will be discontinued the next day, and the official will ensure that players' assets in the game are properly disposed of.
The reason why the announcement specifically mentions the players' in-game assets is mainly because "F1 Delta Time" is a racing game with NFT as the core and the concept of P2E (Play-to-Earn) advocating.
A precious video of a match
The game was launched as early as 2019 when the NFT concept was not yet on fire, which is equivalent to the first batch of people to eat crabs. In order to successfully seize the market, they also deliberately obtained authorization with F1 officials that year.
But to make it most famous, it should be two months after the game was announced, a virtual racing car called "1-1-1" auctioned off a sky-high price of 415.9 ether (worth about $110,000 at the time), which was the most expensive NFT product sold in the global market that year.
It's this diamond-encrusted car
In the game, each car is divided into five levels based on performance and rarity, and from low to high, the price will gradually become more expensive. The sky-high "1-1-1" mentioned above is the highest level of "Apex" class vehicle in the game, which means that in addition to its performance far exceeding other vehicles, it is also a unique racing car in the world.
If you want to get a car of this level, you can basically only spend a lot of money on the official auction link. The other four lower level vehicles need to purchase the official "REVV" token, which can be obtained by "unboxing" in the game.
It is worth noting that it is not necessarily possible to open a box to get a vehicle. Because in addition to the car, it is entirely possible to drive tires, tail fins, engines and other accessories; even the racing driver, as well as the racing driver's shoes and gloves, may also burst out in the box.
The trading items displayed on openSea
This is the cost that most chain games will set to the player at the beginning. You must first spend money in the game to get enough equipment to start your way to making money in the game. On F1 Delta Time, you have to have a car (at least one set of tires) and a racer – the two hardest things in the box to drive – before you can start making money racing.
As for the way to make money, F1 Delta Time gives two paths. One is to participate in in-game matches based on F1 real events, and get REVV rewards by ranking on the leaderboard; the other is to give players' idle vehicles to the system "collateral", during which the system will compensate the REVV according to the rarity of the vehicle.
All of these matches, trades, and profits revolve around the official cryptocurrency, REVV, which also illustrates the game's investment-centric NFT attribute. The player's asset level is reflected in the number of vehicles, rarity, and revv values.
It's just that the value of this token has remained extremely low since entering 2022. Compared with the exchange rate of 1 token to $0.64 at the highest, the price of about $0.1 is now a bit out of sight.
The REVV price shown on Binance
Although the players' virtual coins are still there, the reduction in the value of the currency means that the players' assets in the game are also depreciating; not to mention that even the games that provide the carrier are gone, and it is even more difficult to say whether the REVV coins are really valuable.
The official is not unaware of this, so when the announcement of the suspension was announced, the preliminary compensation plan was also disclosed.
The official solution
Although it may seem dazzling, the actual content is actually very simple, that is, to transfer the original NFT assets to another new NFT game.
You can choose to join the official replacement game REVV Racing or MotoGP IGNITION, where you can receive official compensation for the equivalent vehicle, or directly "pledge" the original assets to them again to get the next cryptocurrency.
It's just that this game is still an old operation no matter how you look at it
Such a simple approach obviously does not satisfy everyone, and the players in the comments section are obviously more looking forward to the official to come up with a more practical solution, after all, this now looks like jumping from one trap to another.
In connection with the cryptocurrency explosions that have occurred in recent years, and people's increasingly disgusted attitude towards the emerging concepts of NFTs and metaversities that have entered the game industry, it is difficult to say how much the "F1 Delta Time" in situ transmission routine can save the hearts of disappointed players.
There are even people cheering because of the game's suit.
A comment under Twitter, translated: "Another one is dead!" Good to die for! ”
The official explanation for this is that they are also currently considering other compensation plans, as long as the data is calculated, they will announce other plans one after another. A small number of players who still have confidence in the NFT are also happy to wait, for them, the reason why the game stopped operating is only that F1 has withdrawn the license, which does not mean that the NFT game has failed.
After all, the main thing is not to play games, and it is normal to fail to invest.
Just by looking at the homepage behind F1 Delta Time, you will find that in addition to the revV blockchain project, they also have many other types of NFT games and currencies.
Sand is also another currency in their family
I don't know if such an ending will be re-staged in case a game is cold, and players can only accept that their real money has really become an illusory number.
The only thing that is certain is that the cars that have been devalued will never come back.