Formula One Team Haas F1 to Mint Branded NFTs With Opensea admin January 30, 2022

Formula One Team Haas F1 to Mint Branded NFTs With Opensea


U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for Haas while Opensea’s logo will appear on its cars.

Opensea to Help American Formula One Team Launch NFT Collection

Leading peer-to-peer marketplace for non-fungible tokens Opensea will create an NFT collection for Haas F1. The collaboration was announced Thursday by Haas, the only American-owned team competing in the FIA Formula One World Championship. In a press release on its website, Haas F1 said:

As the ‘Official NFT Marketplace Partner’ of Haas F1 Team, Opensea will work with the team and external collaborators alike in producing a collection of branded NFTs.

The initiative aims to enhance fan engagement, the racing team 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 executive emphasized that the crypto company is looking forward to launching innovative collections with Haas F1 and providing new opportunities for their community of dedicated fans to get closer to the action.

Also under the deal, the Opensea logo will appear on the VF-22 cars, which were designed and constructed by the Haas F1 Team to compete in 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,” stated 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 space.

Collaboration between the crypto industry and the popular racing sport has been gaining traction in the past few years. In the summer of 2021, Formula One secured a multimillion-dollar crypto sponsorship deal with, and in early 2022, Red Bull Racing partnered with crypto exchange Bybit. In mid-October F1 filed eight trademark applications covering a range of crypto, NFT, and metaverse products and services in the U.S.

Collaboration, Collection, Crypto, crypto company, crypto industry, Cryptocurrencies, Cryptocurrency, Deal, digital collection, f1, Formula 1, Formula One, Haas F1, Haas F1 Team, nft, NFTs, Non-fungible tokens, Opensea, partnership, racing, Sponsorship, Sport, Tokens

Do you expect more partnerships between crypto companies and Formula One teams in the future? Tell us in the comments section below.

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

Image Credits: Shutterstock, Pixabay, Wiki Commons, Haas F1 Team

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Source : Bitcoin

Write a comment
Your email address will not be published. Required fields are marked *