Back then, in 2019, MetaKovan paid the equivalent offor the unique race car in F1 Delta Time. The car had its own name ‘1-1-1’ and was all covered in digital diamonds. Notably, in his interview with Jon Jordan for the Blockchain Gaming World podcast, MetaKovan has described one more way to assign value to NFTs, to which we will return in our future cases: the value of a story.
The question we are exploring here is how important the value of a brand is in the world of NFTs. F1 is a unique example of how this value went to zero overnight. Animoca Brands received a crushing blow to its reputation whenThe game was shut down the next day, although its former players will still be able to swap their F1 Delta Time cars for other assets by July 31, 2022.
It may be that the value of a brand does not disappear with the end of licensing agreement. Even more, its role in the valuation of game assets may not have been as important as the critics suggest. What F1 cars and drivers have actually lost - in a rather painful way - is their utility value, that is, the ability to use assets productively in the game.of the Monaco track segment. Of course, this .
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