Stock Groups

Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships and more -Breaking

[ad_1]

F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships and more

Formula 1 is no exception. Starting nonfungible tokensFrom fan tokens, (NFTs), and multi-year partnership agreements, crypto communities continue to support F1 through a variety of ways.

Monaco Grand Prix 2022 saw F1’s fastest pit crew, Oracle (NYSE:) Red Bull Racing (ORBR), partner with crypto exchange Bybit to launch ORBR’s 2022 NFT collection — minted on the Tezos blockchain. The limited-edition NFT collection is made available via an auction, wherein bidders get to collect digital collectibles representing various aspects of Red Bull’s past, present and future.

Red Bull Racing F1 car featuring the Bybit logo. Source: Cointelegraph