U.S.-licensed Formula One constructor Haas F1 Team has introduced a collaboration with non-fungible token (NFT) market Opensea. As a part of the settlement, a group of NFTs might be produced for Haas whereas Opensea’s brand will seem on its vehicles.

Opensea to Assist American Formula One Team Launch NFT Assortment

Main peer-to-peer market for non-fungible tokens Opensea will create an NFT assortment for Haas F1. The collaboration was introduced Thursday by Haas, the one American-owned group competing within the FIA Formula One World Championship. In a press launch on its web site, Haas F1 stated:

Because the ‘Official NFT Marketplace Partner’ of Haas F1 Team, Opensea will work with the group and exterior collaborators alike in producing a group of branded NFTs.

The initiative goals to reinforce fan engagement, the racing group indicated. “NFTs have the incredible power to unlock new experiences and give us a canvas to bring people together around the things they love in new ways,” added Vice President of Product at Opensea Shiva Rajaraman.

The chief emphasised that the crypto firm is wanting ahead to launching revolutionary collections with Haas F1 and offering new alternatives for his or her group of devoted followers to get nearer to the motion.

Additionally below the deal, the Opensea brand will seem on the VF-22 vehicles, which have been designed and constructed by the Haas F1 Team to compete within the 2022 Formula One World Championship.

“We’ve waited to find the right partner in the NFT space and in Opensea we’ve found exactly that,” acknowledged Team Principal of Haas F1 Guenther Steiner.

“To be guided by Opensea on our collections and fan engagement opportunities, we know we’ll be in good hands as they’re not only connected to all the key players but they’re an industry leader with innovation at the forefront of all they do,” Steiner added, commenting on Haas F1’s first steps into the NFT house.

Collaboration between the crypto trade and the favored racing sport has been gaining traction up to now few years. In the summertime of 2021, Formula One secured a multimillion-dollar crypto sponsorship take care of Crypto.com, and in early 2022, Pink Bull Racing partnered with crypto change Bybit. In mid-October F1 filed eight trademark purposes overlaying a spread of crypto, NFT, and metaverse services and products within the U.S.

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Collaboration, Assortment, Crypto, crypto firm, crypto trade, Cryptocurrencies, Cryptocurrency, Deal, digital assortment, f1, Formula 1, Formula One, Haas F1, Haas F1 Team, nft, NFTs, Non-fungible tokens, Opensea, partnership, racing, Sponsorship, Sport, Tokens

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Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Jap Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” In addition to crypto, blockchain and fintech, worldwide politics and economics are two different sources of inspiration.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Haas F1 Team

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