Italian Sports activities Automobile Maker Ferrari Inks Multi-12 months Deal With Blockchain Agency Velas Community AG – Blockchain Bitcoin Information


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 may also 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 now have 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 “world participant within the blockchain and NFT sector.” Ferrari’s announcement additional particulars that Velas will collaborate nicely with the Maranello crew.

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 a lot of car makers and racing division manufacturers which have entered the blockchain area. In mid-June, the German carmaker Porsche entered the NFT trade and on the finish of September, the Mercedes-AMG Petronas F1 crew inked a long-term take care of FTX.

Mattia Binotto, the overall supervisor and crew 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: these are all values that unite us and that led us to decide on Velas as one in every of our Premium Companion,” Binotto stated in an announcement.

Scuderia Ferrari additionally follows behind the Motor Group McLaren’s NFT undertaking 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 associate 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 revolutionary 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 Automobiles, Mattia Binotto, McLaren NFTs, Mercedes-AMG Petronas F1, nft, NFTs, porsche, Scuderia Ferrari, know-how, Velas, Velas Community AG

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Jamie Redman

Jamie Redman is the Information Lead at Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood 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 Information in regards to the disruptive protocols rising right now.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Ferrari

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