What Are Digital Collectibles?
Digital collectibles are unique digital tokens representing ownership of authenticated memorabilia. Each token contains distinct metadata, making it irreplaceable and verifiable on the blockchain.
Key Details About Race Rewind Digital Collectibles
Availability Timeline
- Released per race weekend: Fridays 10am GMT to Mondays 10am GMT (including Las Vegas).
- Missed the window? Purchase on the OKX NFT Marketplace.
Collection Benefits
24 collectibles (one per 2024 Formula 1® race) across three tiers:
- Classic: Authentic memorabilia (no reward).
- Rare/Ultra-Rare: Prizes like signed merchandise or VIP experiences.
- Season Finale: Collect one collectible per race to qualify for a special grand prize drop.
Understanding Utilities (Rewards)
- Definition: Web3 term for exclusive perks tied to specific collectibles (e.g., merchandise, events).
Redemption:
- Access via your OKX Wallet dashboard.
- Complete the form; redeemed collectibles show "utility claimed."
- Physical prizes ship via DHL; experiences notified via email (
[email protected]).
👉 Learn how to redeem your rewards
Wallet Setup & Management
Create a Wallet:
- Use the OKX Wallet (non-custodial, multichain).
Accessing Collectibles:
- Stored on-chain; full control remains with you.
Rarity & Trading
- Check Rarity: Icons display "Classic," "Rare," or "Ultra-Rare."
Selling Collectibles:
- Trade anytime on the marketplace. Utilities expire 3 weeks post-minting.
FAQs
1. What if I miss a drop?
Purchase missing collectibles on the secondary market. A full set (24) is required for the grand prize.
2. Why are drops time-limited?
OKX/McLaren may pause if gas fees spike unpredictably.
3. What’s X Layer?
McLaren’s blockchain choice for:
- Speed: Fast transactions.
- Affordability: Low gas fees.
- Innovation: ZK-SNARK security.
Hosts 114+ Dapps (e.g., Chainlink, Zerolend).
4. Why did Canadian GP claimants get extra collectibles?
A gift—Classic-tier tokens from the first eight races.
Summary
- Collect: Race-weekend drops or marketplace purchases.
- Redeem: Utilities within 3 weeks.
- Trade: Sell anytime; utilities expire.
Engage with McLaren’s digital legacy—start collecting today!
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