F1 Delta Time closed earlier this year after licence expired
Animoca CEO Robby Yung believes concept of ownership with transform gaming
Animoca Brands says creating a wider Web 3.0 ecosystem in which assets are transferable between multiple platforms is more important than securing licences for its blockchain-based sports games, but warns the industry is at least three years from that vision becoming a reality.
The company currently operates an officially licensed MotoGP game and has plans to create something similar for Formula E, both of which will exist alongside its wider ‘REVV’ sandbox platform.
However, its first foray into Blockchain-based gaming, F1 Delta Time, shut down earlier this year after Animoca was unable to renew its licence with Formula One. Players still owned the non-fungible token (NFTs) they had bought in game, but there were some concerns that the values of these items would be significantly lower because they had lost a significant part of their utility.
...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...