As it was recently announced, Blockchain gaming company named Animoca Brands has already launched the opportunity for gamers to stake for the non-fungible token collectibles, better known as NFTs, which is featured in the F1 Delta Time title. With this opportunity, stakers will not have the chance to earn a weekly dividend on their NFTsץ

This will happen in the form of REVV tokens, which also consist of a special type of utility token. This token can be used to pay for the ability to enter the game’s core Time Trial and Grand Prix modes.

In addition to this, the company also announced that they are planning to support REVV to use it as a payment method so that people will be able to purchase NFTs in the coming months. NFTs is a very famous game, which includes unique race cards, drivers, different components of the cars, driver gears, and tires that now players can actually own.

As of now, around the world, Blockchain technology is being adopted more than ever before. In addition to the safety and security, blockchain can offer gamers a lot faster execution and a much better environment in general.

Gambling is another field that is adopting blockchain technology very actively. Gambling using Bitcoin and other cryptocurrencies that are backed by blockchain are very actively used by online casinos around the world. As HR department head of PlayAmo, Samuel Cox told us, crypto is offering people something that they have been looking for in gambling for a long time now.

“Cryptocurrencies are becoming a very active part of gambling and not for the wrong reason. Many people are looking for ways to make gambling a much safer, secure and private field, and by offering them crypto payments, we are giving them what they wanted for such a long time,” said Cox while talking about the importance of cryptocurrencies.

What is F1 Delta Time?

F1 Delta Time represents a very famous blockchain-based game which uses the ERC-721 and ERC-20 standards to create a much safer environment. It runs on the Ethereum blockchain.

In the game, you will come across collections of unique cars, drivers and components never seen before, with the help of non-fungible tokens, NFTs, which was created based on the ERC-721 token standard.

In the game there also are the Fungible Tokens, FTs, which are based on the ERC-20 token standard. They function as currency in the game. Players can use FTs while playing for many reasons, including transactions, for example, paying for the entry fees and purchasing different types of items.

How much does F1 Delta Times get?

According to previous statements, the game will be allocated 400 million of REVV’s three billion token supply. As a result of this, the tokens will be used for four pools of the games. However, these are still very early days, and there are only about 4,000 people who have created player accounts on the platform.

However, the industry experts are saying that the number is only going to rise. In the game, there is also a currency called REV tokens, which powers F1 Delta Time. This is required to play the game, and it is used to enter the racing game and also to put in extra time trial laps. It can also be generated by Staking, which is when players use their car collectibles to generate REV. The rarer the collectible is, the more REV will be generated by staking.

This game is another example on how the blockchain is changing the world of gaming and it is only the beginning. As some experts of the market are saying, blockchain will soon become a huge part of the gaming industry and more and more games will be created with the help of this technology. In addition, there are many companies that are starting to use Bitcoin for purchases, which is also a great sign for the future of blockchain.