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After selling millions of reais of NFTs and attracting thousands of people looking for easy money, the “play to make money” game “F1 Delta Time” announced on March 15 that it was abruptly ending its campaign. After about 24 hours, the game went offline, rendering the items associated with it useless and almost worthless, showing the high risk of such an investment.
Launched in 2019, the Animoca Brands game was one of the first licensed games based on NFTs (Non-Fungible Tokens, a type of ownership certificate associated with a digital product).
To start playing, you must purchase at least three basic NFTs: a driver, a car, and a set of tires. From then on, players can use these virtual items to enter contests and win prizes in the game’s cryptocurrency, REVV, which can be exchanged for other cryptocurrencies or used to buy better equipment (NFTs).
Backed by brands in the major categories of world motorsport, the game appears to be a success in the “money” game, albeit with a very basic gameplay – the car uses only three buttons (accelerate, brake and turbo). ). The car in the game, named “1-1-1,” was the most expensive NFT sold in 2019, at the equivalent of $110,000, according to cryptocurrency website Decrypt.
Over the next few years, major new deals appeared in the game. For example, in March 2021, Animoca Brands announced the sale of a car in an NFT auction to celebrate F1’s 70th anniversary. The item was worth 987,000 REVV, or $265,000 (1.2 million reais) at the virtual currency exchange rate at the time.
However, a full year later, the company announced that it had failed to reach an agreement with F1 to renew its license and that “F1 Delta Time” would cease to exist.
“We would like to thank our fans and players for their loyalty over the past three years. You guys have allowed us to create a new gaming experience and contribute to the foundation of many more blockchain games now and in the future,” Animoca Say the brand.
In return, the company offered to trade out in-game items for in-game benefits in “REVV Racing,” one of their other “money-making” racing games.
Even NFTs associated with games from major developers are at risk of rapid and unexpected devaluation. On the 5th, Ubisoft announced that it would no longer update or add content to Ghost Recon: Breakpoint, one of the first top games to use the technology. The move is considered a sign of the beginning of the end of online gaming.
On the game’s page for the company’s NFT trading platform, Ubisoft Quartz, a message was included indicating that the game would also not be releasing new NFT projects. At the same time, thanks to players who bought digital items: “You own a part of the game and have left your mark on its history”.
Experts have not warned today about the risks of using virtual gaming-related NFTs as a form of investment. The cases of “F1 Delta Time” and “Ghost Recon Breakpoint” offer new alerts for players not to see their money disappear overnight.
Game tips, old and new, for you to test
(PC, Xbox One and PS4)
Weird West is an innovative action role-playing game set in a supernatural version of the American Wild West. WolfEye Studio’s first entry brings together former Arkane employees to match the freedom of “immersive sims” like Dishonored and Prey with the gameplay of “twin-stick shooters” like “Into the Dungeon” and “Ascension” Combine.”, all combined with a surprising and creative story. The game is available on Xbox Game Pass, so if you subscribe, there’s no reason not to give it a try.
News, releases, business and other important things
- SNK, the Japanese developer of classic arcade games like Metal Slug and the fighting series The King of Fighters, is almost entirely owned by Saudi Arabia’s Crown Prince Mohammed bin Salman. According to The Verge, a 96.2% stake in SNK was acquired by a video game development company controlled by the Saudi Prince’s Foundation.
- Devolver Digital announced in a video that a new game in the famous adventure series “Monkey Island” will be released later this year. Back to Monkey Island was in development for two years by series creator Ron Gilbert and is expected to continue the story of Monkey Island 2: Le Chuck’s Revenge starting in 1991. The last game in the series was Monkey Island Story, which was released in 2009.
- A new game in the “Tomb Raider” franchise is in the works at Crystal Dynamics. The news came during an Epic Games event about its Unreal Engine 5 game development platform. The game was made using a new tool that promises more realistic graphics.
- Remedy Entertainment has announced the start of a partnership with Rockstar on remakes of the first games in the Max Payne series: “Max Payne” and “Max Payne 2: The Fall of Max Payne.” According to the company, Rockstar, which owns the rights to the series, will be responsible for funding the project.
Games and worthwhile promotions coming in the coming days
“Cat Cafe Manager”: BRL 37.99 (Switch), price not available (PC)
“No One Saves the World”: Price not available (PS 4/5)
“Route 96”: Price not available (PS 4/5 and Xbox One/X/S)
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