Formula E is launching its first ever official video game, leveraging blockchain technology and NFTs.
Formula E: High Voltage is a racing management Web3 game from Animoca Brands and Amber, launching on 19th October.
The ABB FIA Formula E World Championship prides itself on its adoption of electric vehicles specifically to counteract climate change, and is the first sport in the world certified as net zero carbon since its inception.
Formula E: High Voltage will operate on Flow, a “sustainability-focused blockchain and leader in energy efficiency, to deliver environmentally sustainable entertainment to the open metaverse for players across the globe”.
It uses a “Proof-of-Stake consensus mechanism” it says is “extremely efficient” and claims minting an NFT on Flow takes less energy than a single Instagram post or Google search.
As for the game itself, new users will receive four NFTs – two cars, two drivers – with which to play for free, with more NFTs available of four rarities. Players will collect, train, upgrade and manage drivers and cars to build their own racing (and NFT) empire.