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Home»Uncategorized»Lamborghini-backed GT racing team to authenticate car parts using NFTs
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Lamborghini-backed GT racing team to authenticate car parts using NFTs

2022-07-05Updated:2022-07-06No Comments2 Mins Read
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Vincenzo Sospiri Racing (VSR), a GT racing workforce backed by Lamborghini’s motorsport division, has introduced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing automobile components.

In an announcement despatched to Cointelegraph, former racing champion Vincenzo Sospiri from the VSR talked about that their workforce will construct NFT certification for his or her race automobiles with Go2NFT and blockchain platform Skey Community. It will enable them to observe and make sure the high quality of the automobile components. He defined that:

“This additionally brings nice duty to make sure that we will securely authenticate and audit each a part of our racing fleet to observe efficiency and guarantee provenance.”

Other than the automobile components, VSR can also be trying to increase the NFT certification program to official merchandise and its different merchandise as nicely. In accordance with the workforce, this can give followers peace of thoughts when buying branded items.

Associated: Animoca drives into crypto racing video games with newest acquisition

Boris Ejsymont, an government at Go2NFT, talked about that their workforce understands the challenges that manufacturers face relating to defending their mental property, they usually consider that NFTs can present an answer. Ejsymont mentioned that:

“We consider that NFT utility may also help create extra belief and transparency for manufacturers and their followers. This undertaking with VSR is simply the beginning of many such co-operations for beloved manufacturers throughout the globe.”

The world of racing and crypto has been colliding nicely in 2022. Again in February, Method 1 racing workforce Purple Bull Racing scored a $150 million partnership with the crypto trade platform Bybit. In a Cointelegraph interview, Bybit founder Ben Zhou mentioned that the partnership allowed its workforce to succeed in people who find themselves new to the crypto house.

See also  Fenix Games raises $150M to fuel next-generation blockchain gaming

In March, Crypto.com partnered with automobile producer Aston Martin’s Method 1 workforce. With the deal, the model’s F1 automobiles will showcase ads of the trade. Jefferson Slack, an government at Aston Martin, famous that the transfer permits the automobile producer to grasp the crypto house extra.

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