The Formula 1 Heineken Dutch Grand Prix has innovatively introduced a fan engagement opportunity focused on digital collectibles. Event enthusiasts can now acquire a digital portion of the CM.com Circuit Zandvoort, granting them symbolic co-ownership of the circuit throughout the race weekend. Interestingly, this ownership is verified on the blockchain, guaranteeing a securely documented possession… Continue reading Dutch Grand Prix’s Digital Collectible Lets Users Co-Own The Track
Tag: Formula 1
Azuki To Adorn A Real F1 Race Car In Abu Dhabi
Oracle Red Bull Racing, a Formula One racing team, has made F1 history in partnership with Azuki and Bybit developer Chiru Labs. The 2022 season finale in Abu Dhabi will feature an Azuki NFT on the team cars for everyone to see. Moreover, it is the first time in history that a blue-chip NFT has… Continue reading Azuki To Adorn A Real F1 Race Car In Abu Dhabi
F1 Monaco GP’ Crew “Red Bull Racing” Taps Crypto Exchange ‘Bybit’ To Launch NFTs
F1 Monaco has been known to introduce new products and services into the sporting world and this time around NFTs have come introduced by Red Bull. Blockchain technologies continue revolutionizing different sectors, industries, and events, across the entire world. From non-fungible token (NFTs) to multi-year sponsorship partnerships, the crypto community continues leveraging the new technology… Continue reading F1 Monaco GP’ Crew “Red Bull Racing” Taps Crypto Exchange ‘Bybit’ To Launch NFTs
Crypto And NFTs Join Formula 1 Racing Teams’ Sponsorships For 2022
NFTs and cryptos are rapidly revolutionizing the entire world. The crypto community is renowned for focusing on decentralization and globalization. In that case, it is not a surprise that now several crypto companies are leading in sponsoring racing teams ahead of the highly anticipated Formula 1 (F1) racing season, intending to increase audiences across the… Continue reading Crypto And NFTs Join Formula 1 Racing Teams’ Sponsorships For 2022
Automakers Rush To Mint NFTs, Is There A Strong Use Case?
Nonfungible tokens (NFTs) seem to be taking over the crypto space as it happened in 2021. Would you be comfortable buying a car that you cannot drive? The latest NFT trend seems to be kicking in. However, some investors are divided on whether the hype will stick around in the long term. Just before the… Continue reading Automakers Rush To Mint NFTs, Is There A Strong Use Case?
McLaren Racing F1 Team Introduces NFTs Platform On Tezos
McLaren Racing, the British motor racing team, recently confirmed the launch of its nonfungible tokens (NFTs) platform. The famous and second-oldest active F1 team has now joined the NFT craze. It launched its digital art collection on the Tezos blockchain. On this platform, digital art collectors and fans can buy its digital collectibles. The new… Continue reading McLaren Racing F1 Team Introduces NFTs Platform On Tezos