RedBull Racing has stepped into NFTs through the Tezos blockchain with a set of 5 collectibles. What’s more, one of these will be available for free, and the others range from $9.99 to $39.99. They launched these to coincide with the Mexico Grand Prix, which starts tomorrow.
About RedBull Racing and the F1
RedBull Racing is a Formula One team based in the United Kingdom. It is one of the two Formula One teams owned by energy drink company, Red Bull. Essentially, Christian Homer managed the team since its formation in 2005. Plus, their current race drivers are Sergio Pérez, Max Verstappen and Alex Albon. Actually, they have entered 321 races and came out victorious 73 times, with 200 podiums. Red Bull has been very vocal about wanting to make F1 ‘fun’ again and this NFT release supports that claim.
About the RedBull Racing NFTs
RedBull Racing is releasing 5 NFTs, ranging from suits to helmets and finally a car. The prices range from free to $39.99 USD and can be purchased from redbullracingcollectibles. These NFTs hit the blockchain in collaboration with Sweet and Tezos, their blockchain partners. In fact, they created them in celebration of the Mexican Grand Prix, which takes place on November 7th. Evidently, these NFTs are of the suits, helmets and cars the racers are set to use for this race.
Sweet and Tezos Collaboration
Sweet is a New York-based environmentally conscious NFT platform used by top consumer and entertainment brands worldwide. They have pioneered new and immersive NFT experiences. Especially, Some of the big names they’ve worked with are the Chicago Blackhawks, McLaren Racing and the New York Knicks. Altogether, this shows they have great experience in sports digital collectibles.
Tezos is an open-source platform that addresses key barriers facing blockchain adoption for assets and applications backed by a global community of validators, researchers, and builders. By design, Tezos generally embraces long-term upgradability, open participation, collaboration, and smart contract safety. They have become a major competitor for the Ethereum and Solana blockchains in the NFT space.
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