Hong Kong-based gaming company Animoca Brands will be holding an auction for China Edition 2019 Azure Dragon car on Jan. 23 in celebration of the Chinese New Year.
According to the announcement, the auction will be part of the game developer’s Chinese New Year Red Packet Giveaway, which will involve giving away traditional red packets containing ERC-20 REV Tokens, F1 Delta Time’s primary currency.
The distribution of the red packets are as follows:
- 20 REV for becoming a member of F1 Delta Time before Jan. 31, 23:59:59 (GMT+8)
- 30 REV for bidding on the China Edition 2019 Azure Dragon car
- 50 REV for sharing on twitter the F1 Delta Time red packet image available at www.F1DeltaTime.com and using the hashtag #F1DeltaTimeAzureDragon
The campaign will run from Jan. 23 to Jan. 31.
Animoca Brands notes that the REV tokens will be issued after the campaign and the China Edition 2019 Azure Dragon auction.
The game development firm previously organized auctions for four unique Formula 1 cars: the Japan Edition 2019 car, the 1-1-1 car, Monaco Edition 2019 car, and France Edition 2019 car.
The Japan Edition 2019 car, the latest car that was put on auction, was sold for 91.51 ETH, the 1-1-1 car for 415.9 ETH, the Monaco Edition 2019 car for 108 ETH, and France Edition 2019 car for 96.6 ETH.
F1 Delta Time is a DApp game that allows players to collect and trade ERC-721 standard cars, drivers, and components.
Players of the blockchain game can use the REV tokens to pay entry fees and buy in-game items.