Introducing ‘Formula 1 Crypto.com Miami Grand Prix–Inspired’ NFTs -Breaking
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© Reuters Introducing ‘Formula 1 Crypto.com Miami Grand Prix–Inspired’ NFTs- Crypto.com is releasing the first NFTs inspired in part by Formula 1 Crypto.com Miami Grand Prix.
- Kinetica is the Crypto.com NFT Gallery where you can get your NFTs.
- F1 enthusiasts can be the first to win commemorative and limited edition NFTs
Crypto.com, the world’s leading cryptocurrency platform, will be pioneering the first-ever NFT collection produced in real-time by the speed, data, and sound of the Formula 1 Crypto.com Miami Grand Prix.
Through this collection, enthusiasts will have the opportunity to witness extraordinary “visual expressions capturing the kinetic energy released by each of the 57 race laps.” This event also follows the announcement of Crypto.com as the official title sponsor for the newest F1 event over a partnership of nine years.
To create unique, generative art, the data from sensors located along the track and F1 race information will be combined. All of this data will then be minted into NFTs at Kinetica. The Crypto.com NFT Gallery, Formula 1 Crypto.com Miami Grand Prix Race Day May 8, 2022.
What’s more, by simply creating a Crypto.com NFT account and registering at crypto.com/miami, F1 fans stand the chance to win one of the 57 limited-edition race NFTs to be given away. Every submission received will be given a unique commemorative NFT.
Deadline for submissions is May 8th, 2022 at 11:59 EDT. The commemorative NFTs and the limited-edition NFTs that were minted during this race will be presented within one week.
Additionally, it took to Twitter (NYSE.) its excitement about the NFT Drop. It posted a 22-second preview of the event—which at this point, has almost reached 30k views.
We’re ready for you, Miami! Crypto․com @f1miami #MiamiGP pic.twitter.com/N0v1rT8VLR
— Crypto.com (@cryptocom) May 5, 2022
The event was a big success, and even Crypto.com CEO Kris Marszalek expressed excitement:
Crypto.com’s core mission is to provide innovative and original ways to use Web3 technology. In bringing to life the experience and technology of Formula 1 Crypto.com Miami Grand Prix, our activation was truly innovative. We created unique NFTs with data and energy from real-time. It is an honor to offer NFT fans the chance to be part of a unique and exciting piece in art, technology and sport history.
The event invited eight artists from the local area to create original artworks using a portion of the track. They will be on display at Kinetica: Crypto.com NFT Gallery, May 6-8 2022.
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