F1� Delta Time auction for “China Edition 2019 Azure Dragon” race car NFT celebrates Chinese New Year

HONG KONG, CHINA�-
Media
OutReach - 23 January
2020 - Animoca
Brands and
F1® Delta Time
are thrilled to announce the auction for the
ultra-rare “China Edition 2019 Azure Dragon”, the latest official Formula 1® (F1®)
non-fungible token (NFT) digital collectible race car. In celebration of the
Chinese New Year, the auction will start on 23 January 2020 and end on 31
January 2020. See
www.F1DeltaTime.com for auction
details.

The
“China Edition 2019 Azure Dragon”
NFT is the first of the F1® Delta Time “Four
Guardians” race cars. The Azure Dragon (Qinglong in Chinese) is a mythological
creature representing the East and the season of spring. The “China Edition
2019 Azure Dragon” digital
collectible is extremely rare as only one will ever be made available.

The
black and azure livery of the “China Edition 2019 Azure Dragon” is embellished by two gold dragons,
each holding square-holed Chinese coins that represent great wealth for the car’s
owner. Photos of the “China Edition 2019 Azure Dragon” are available at
https://www.animocabrands.com/F1DeltaTime-auction-Azure-Dragon.

The
other three cars in the “Four Guardians” limited series, namely “White Tiger”, “Black
Tortoise”, and “Vermillion Bird”,
will be released in the coming months. The “Four Guardians” race cars are based
on the four mythological symbols of China, which are the guardians of the four
cardinal directions.

In F1® Delta
Time there are 5 rarity and power levels for cars: Apex, Legendary, Epic, Rare,
and Common, with Apex being the most scarce. Each race car in the “Four
Guardians” series is of the Apex level and completely unique.

The
top-level performance indices of the “China Edition 2019 Azure Dragon” make this car a ferocious contender
on any race circuit and a fitting tribute to the legend of the Azure Dragon.

• Rarity
  Level: Apex
• Top
  Speed: 988/1,000
• Acceleration:
  916/1,000
• Grip:
  918/1,000
• Luck:
  88

All
F1® Delta Time “Four
Guardians” race cars receive a special unique boost to all stats when racing on
the Shanghai International Circuit. Owners of these cars will earn twice the
amount of REVs for completing REV rewarding achievements in F1® Delta Time.

All
race cars produced by F1® Delta Time are officially licensed by Formula 1®.
Every car is an NFT digital collectible that can be used in the upcoming F1® Delta
Time multiplayer racing game. The authenticity, rarity, and true digital
ownership of these NFTs are guaranteed via blockchain.

Auction
details: China Edition 2019 Azure Dragon

Celebrating
the Chinese New Year, the auction for the “China Edition
2019 Azure Dragon” begins
on 23 January 2020 and ends on 31 January 2020 at
www.F1DeltaTime.com.

F1®
NFT auctions

F1®
Delta Time has previously completed auctions of four unique and official
Formula 1® NFTs of the Apex rarity level, starting with the landmark “1-1-1” digital
car collectible that sold on 28 May 2019 for a record price of 415.9 ether;
this was followed by the “Monaco Edition 2019”,
“France Edition 2019”, and “Japan Edition
2019”.

In
addition, F1® Delta Time auctioned the first 10 official F1® team cars
simultaneously in the Pole Position Auction held from 28 November to 1 December
2019, which fetched a total of 121.5172 ether. The team cars were all of the
Epic rarity level.

Staking
NFTs to generate in-game currency

In F1® Delta
Time, cars are NFTs and will have the ability to generate REV through “staking”,
with rarer cars generating higher amounts of REV. REV is an ERC-20 token and
the primary currency that will be used in F1® Delta Time. REV will also have
expanded utility across other Animoca Brands blockchain game products.

When
you choose to stake your car, you temporarily transfer ownership to F1® Delta
Time and therefore lose the ability to use, race or trade that car, but you
will earn REV based on the period of time that your car is staked. More
information is available at
https://medium.com/@f1deltatime/f1-delta-time-announcing-nft-staking-15f29b7c0b18.

F1®
Delta Time

F1®
Delta Time is a blockchain game licensed by Formula 1®, developed and published
by Animoca Brands. The game consists of a collectible component based on NFTs
as well as a racing component utilising those NFTs. The collectible component
is available now, and the racing component will launch in early 2020. For more
information please visit
www.F1DeltaTime.comor join the official Discord channel
athttps://discord.gg/s6wn7dk.

The
F1 FORMULA 1 logo, F1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP,
GRAND PRIX and related marks are trade marks of Formula One Licensing BV, a
Formula 1 company. All rights reserved.

About Animoca Brands

Animoca
Brands (ASX: AB1) leverages gamification, blockchain, and artificial
intelligence technologies to develop and publish a broad portfolio of mobile
products including games such as The Sandbox, Crazy Kings, and Crazy Defense
Heroes as well as products based on popular intellectual properties such as
Formula 1®, Garfield, Snoopy, Thomas & Friends™, Ever After High and
Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships
includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony,
and Decentraland. The Company is based in Hong Kong, Canada, Finland, and
Argentina. For more information visit
www.animocabrands.com.