Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG – Blockchain Bitcoin News


The Italian luxurious sports activities automotive producer headquartered in Maranello, Italy, Ferrari has introduced the agency is partnering with Velas Community AG, a agency that makes a speciality of blockchain and non-fungible token (NFT) know-how.

Ferrari Reveals Partnership With Blockchain Agency Velas

On December 27, Ferrari the well-known luxurious sports activities automotive maker based in 1939 by Enzo Ferrari revealed the agency is entering into the world of making “unique digital content material.” The racing division Scuderia Ferrari introduced that the Italian automotive producer has partnered with Velas Community AG in a multi-year settlement. The corporate says Velas will assist bolster digital content material for Scuderia followers and the announcement explains Velas will even be a title sponsor for the Ferrari Esports Sequence.

Velas community’s internet portal notes that Velas is a Solana (SOL) fork with built-in EVM integration and the community launched in 2019. “We’ve got the quickest EVN chain to compete with Ethereum 2.0,” the web site claims. The corporate is situated in Switzerland and Ferrari particulars within the announcement that Velas is a “international participant within the blockchain and NFT sector.” Ferrari’s announcement additional particulars that Velas will collaborate effectively with the Maranello workforce.

Whereas Ferrari’s partnership with Velas doesn’t point out any NFT promotions or blockchain ideas on the horizon, the corporate does disclose the Ferrari Esports Sequence sponsorship. Ferrari follows various vehicle makers and racing division manufacturers which have entered the blockchain area. In mid-June, the German carmaker Porsche entered the NFT business and on the finish of September, the Mercedes-AMG Petronas F1 workforce inked a long-term take care of FTX.

Mattia Binotto, the final supervisor and workforce principal at Scuderia Ferrari remarked on Monday that the corporate was happy to collaborate with Velas Community AG. “[Velas is] an organization that makes innovation and efficiency the hallmark of technologically superior services and products: these are all values that unite us and that led us to decide on Velas as considered one of our Premium Associate,” Binotto stated in a press release.

Scuderia Ferrari additionally follows behind the Motor Staff McLaren’s NFT mission and the Ferruccio Lamborghini Museum NFTs. The co-founder and CEO of Velas Community AG, Farhad Shagulyamov, believes his firm and Ferrari are pure companions. Shagulyamov management as CEO of Velas was simply introduced 4 days in the past after “lengthy and fruitful debates.”

“Having constructed a next-generation blockchain that places the emphasis each on sustainability and efficiency, it was pure to accomplice with one other icon of excellence, which is Ferrari,” Shagulyamov stated in regard to the partnership with the Italian luxurious sports activities automotive producer. “Velas has launched an progressive number of pioneering know-how into the blockchain and related merchandise, which can now be showcased on the pinnacle of motorsport,” the Velas govt concluded.

Tags on this story

Blockchain, Blockchain tech, Farhad Shagulyamov, Ferrari, Ferruccio Lamborghini Museum, Italian Sports activities Vehicles, Mattia Binotto, McLaren NFTs, Mercedes-AMG Petronas F1, nft, NFTs, porsche, Scuderia Ferrari, know-how, Velas, Velas Community AG

What do you concentrate on Ferrari becoming a member of up with Velas? Tell us what you concentrate on this topic within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information concerning the disruptive protocols rising at the moment.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Ferrari

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, instantly or not directly, for any harm or loss triggered or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article.

Extra Widespread Information

In Case You Missed It



Source link

Comments are closed.

bitcoin
Bitcoin (BTC) $ 23,829.38
ethereum
Ethereum (ETH) $ 1,773.48
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 324.32
xrp
XRP (XRP) $ 0.380708
cardano
Cardano (ADA) $ 0.535402
binance-usd
Binance USD (BUSD) $ 0.999793
solana
Solana (SOL) $ 42.32
polkadot
Polkadot (DOT) $ 9.23
dogecoin
Dogecoin (DOGE) $ 0.070150
avalanche-2
Avalanche (AVAX) $ 28.21
staked-ether
Lido Staked Ether (STETH) $ 1,715.21
shiba-inu
Shiba Inu (SHIB) $ 0.000012
dai
Dai (DAI) $ 1.00
matic-network
Polygon (MATIC) $ 0.922563
tron
TRON (TRX) $ 0.070443
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 23,844.39
ethereum-classic
Ethereum Classic (ETC) $ 38.08
okb
OKB (OKB) $ 18.45
leo-token
LEO Token (LEO) $ 4.82
litecoin
Litecoin (LTC) $ 62.66
ftx-token
FTX (FTT) $ 31.50
near
NEAR Protocol (NEAR) $ 5.45
uniswap
Uniswap (UNI) $ 8.82
chainlink
Chainlink (LINK) $ 8.53
crypto-com-chain
Cronos (CRO) $ 0.150635
cosmos
Cosmos Hub (ATOM) $ 11.78
stellar
Stellar (XLM) $ 0.131815
flow
Flow (FLOW) $ 3.01
monero
Monero (XMR) $ 166.01
bitcoin-cash
Bitcoin Cash (BCH) $ 143.96
algorand
Algorand (ALGO) $ 0.370359
vechain
VeChain (VET) $ 0.031683
filecoin
Filecoin (FIL) $ 8.87
apecoin
ApeCoin (APE) $ 7.28
internet-computer
Internet Computer (ICP) $ 8.27
decentraland
Decentraland (MANA) $ 1.09
chain-2
Chain (XCN) $ 0.086227
hedera-hashgraph
Hedera (HBAR) $ 0.079307
the-sandbox
The Sandbox (SAND) $ 1.35
quant-network
Quant (QNT) $ 128.29
tezos
Tezos (XTZ) $ 1.89
axie-infinity
Axie Infinity (AXS) $ 18.70
theta-token
Theta Network (THETA) $ 1.63
elrond-erd-2
Elrond (EGLD) $ 65.48
aave
Aave (AAVE) $ 102.89
frax
Frax (FRAX) $ 0.999933
lido-dao
Lido DAO (LDO) $ 2.39
eos
EOS (EOS) $ 1.25
Shares