Animoca Brands announces a non-profit charity event to raise funds for Australia’s bushfire recovery efforts in the form of an auction of a unique non-fungible token (NFT) in F1® Delta Time: the one-of-a-kind “Australia Edition 2020” race car.
The auction starts on 12 March 2020 at 3 am (GMT) and runs until 22 March 2020 at 3 am (GMT) at www.F1DeltaTime.com. All wrapped ether earned from the auction will be sent to Finder and HiveEx who will then convert it to Australian dollars.
100% of the proceeds from the auction will go to a number of organisations who are aiding relief and recovery efforts, and will be split evenly between the NSW Rural Fire Service Association, WIRES (NSW Wildlife Information, Rescue and Education Service Inc.), and Australian Red Cross Disaster Relief and Recovery Fund.
The catastrophic bushfires that began in June 2019 were among the worst ever seen in Australia. The fires have destroyed millions of hectares of land, over 3,000 homes and nearly 6,000 buildings, and killed at least 57,000 livestock and 34 people across Australia. It is estimated that more than one billion animals perished from bushfires and drought, including as many as 10,000 koalas (a third of New South Wales’ total koala population), making them a potentially endangered species.
While the New South Wales Rural Fire Service recently reported that there are no longer active bush or grass fires in the hardest-hit state of New South Wales, the wildfires have already brought great devastation to the country. Those interested in donating cryptocurrency to the cause may visit https://cryptofirealliance.com.au.
“Australia Edition 2020” NFT
The “Australia Edition 2020” is a high-powered digital race car for use in the blockchain game F1® Delta Time, and is also a one-of-a-kind digital collectible. Being an NFT, the authenticity, scarcity, and ownership of the car are independently guaranteed, verified, and secured on blockchain.
The livery of the “Australia Edition 2020'’ was inspired by Aboriginal Australian art. The traditional art style represents the roots of the land, reminding people of the value and importance of preserving our precious planet. The livery of the “Australia Edition 2020” also depicts two kangaroos, the instantly recognisable animal symbol of Australia that features on the Australian Coat of Arms.
Photos of the “Australia Edition 2020” car are available at: https://www.animocabrands.com/f1deltatime-charity-auction
The “Australia Edition 2020'’ performance indices are as follows:
- Rarity Level: Apex
- Top Speed: 984/1,000
- Acceleration: 928/1,000
- Grip: 958/1,000
- Luck: 53
The player who races in the “Australia Edition 2020'’ car at the Albert Park Circuit in F1® Delta Time will benefit from a hometown advantage, receiving a boost to all performance indices of the “Australia Edition 2020” race car.
In F1® Delta Time, there are 5 rarity and power levels for cars: Apex, Legendary, Epic, Rare, and Common, with Apex being the most scarce. The “Australia Edition 2020” race car is of the Apex level and completely unique.
Charity auction details: “Australia Edition 2020” car NFT
The charity auction for the “Australia Edition 2020” begins on 12 March 2020 at 3 am (GMT) and ends on 22 March 2020 at 3 am (GMT). Participation requires a web browser that supports Ethereum wallets, as well as an Ethereum wallet; bids are made in wrapped ether (wETH). Join the auction and help Australia at www.F1DeltaTime.com.
The appeal of NFTs
Non-fungible tokens are digital assets and collectibles. The authenticity, rarity, scarcity, and other properties of NFTs are independently guaranteed, verified, and secured on blockchain.
All NFTs in F1® Delta Time, will forever be owned by their owners regardless of any decisions taken by the game, Formula 1®, or Animoca Brands.
Players are free to do anything they want with their NFTs: they can sell them on a marketplace for real money, trade them, or use them to play F1® Delta Time. Since NFTs exist independently across blockchain, players can even use their F1® NFTs in other blockchain games (third party support required).
Rare digital collectibles can be extremely valuable, as proven by previous F1® Delta Time NFT auctions and crate sale.
Staking NFTs to generate in-game currency
In F1® Delta Time, cars are NFTs and will have the ability to generate REV through “staking”, with rarer cars generating higher amounts of REV. REV is an ERC-20 token and the primary in-game currency in F1® Delta Time.
When you choose to stake your car, you temporarily transfer ownership to F1® Delta Time and lose the ability to use, sell or trade that car, but you will earn REV based on the period of time that your car is staked. More information is available at https://medium.com/@f1deltatime/f1-delta-time-announcing-nft-staking-15f29b7c0b18.
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