Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

The sale of Chainlink starts: will the retail trade hold the line this time?

2025-05-18

Creator of more than 100 memecoins says that carpet trekkings are the ‘easiest way to earn money’

2025-05-18

B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17

    Top 5 block chains due to 7-day growth in active addresses and transactions

    2025-05-17

    SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

    2025-05-17
  • NFT

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14

    The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Billionaire Warren Buffett dumps $ 3,230,000,000 from Berkshire’s exposure to Citigroup, Bank of America and Capital One after leaving Wells Fargo, JPMorgan Chase

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»NFT»Formula 1 Embraces Blockchain Technology with NFT Tickets on Polygon
Formula 1 Embraces Blockchain Technology with NFT Tickets on Polygon
NFT

Formula 1 Embraces Blockchain Technology with NFT Tickets on Polygon

2023-05-26No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The alpha:

  • In a major step towards integrating blockchain technology into the realm of global sporting events, Platinium Group, a primary ticketing provider for Formula 1, will usher in a new era of ticketing. The Monaco Grand Prix, held May 26-28, will serve as the starting point for the issuance of NFT race tickets.
  • To achieve this, Platinium Group has teamed up with Elemint, a renowned blockchain infrastructure company, and Bary, a leading Web3 company. The tickets are minted on Polygon.

Dive deeper

The Monaco Grand Prix is ​​widely regarded as one of the most prestigious and important motor races in the world. It is one of the signature events of the Formula 1 calendar and has been held annually since 1929. Now tradition is intertwined with innovation.

This groundbreaking move not only gives access to the highly acclaimed race, but also provides continued benefit to NFT cardholders. Post-event benefits, such as hospitality privileges and future race discounts, are part of the package to drive brand loyalty among collectors.

Elemint CEO Jacques-Henri Eyraud stated in a press release that the application of blockchain in event ticketing extends beyond Formula 1, pointing to a wider impact on the sports and entertainment world.

According to Eyraud in the press release, “Web3 technologies enable us to create ticketing solutions that are more secure, more adaptable and tailored to the unique requirements of each event. This transformation paves the way for a more personalized, exciting experience for fans across all sports leagues.”

The inaugural run of this technology at the Monaco Grand Prix is ​​expected to give selected NFT holders access to the event’s most exclusive party. This mix of technology and usability could set a new trend in ticket sales for high-profile sporting events around the world.

See also  Ethereum leads the NFT market, ending a 20-day decline in sales below $10 million

While this is Formula 1’s first foray into NFT ticketing, it is not their first collaboration in the crypto world. In 2021, Formula 1 and Crypto.com signed a $100 million deal that gave the crypto exchange premium branding spots during the British Grand Prix and prime advertising space on trackside billboards.

In case you missed it:

Editor’s Note: This article was written by an nft now contributor in collaboration with OpenAI’s GPT-4.

Source link

Blockchain embraces Formula NFT Polygon Technology Tickets
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Eric Trump asks: “What is it that JPMorgan Chase cannot do better that Defi and Blockchain can do better?”

2025-05-17

Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

2025-05-17

British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

2025-05-17

Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

2025-05-16
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Global securities regulators are pushing for global supervision of digital assets with 18 new policy recommendations

2023-11-17

The future of cross-border B2B transactions lies on the blockchain

2024-12-11

Mpeppe takes over Internet Computer (ICP) spot as ICP holder’s biggest winners look for liquidation

2024-09-15
Editors Picks

Bitcoin mirrors 2016 pattern that led to 20x rally, according to macro guru Raoul Pal – here’s his outlook

2025-01-13

Ordinals and Runes reach a market cap of $1 billion

2024-06-13

Tether CEO implies Circle director misled Congress in ‘desperate’ attack on USDT

2024-02-16

Solana turns bullish, when should you sell

2023-05-28
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

The sale of Chainlink starts: will the retail trade hold the line this time?

Creator of more than 100 memecoins says that carpet trekkings are the ‘easiest way to earn money’

B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,456.24-0.08%
  • ethereumEthereum(ETH)$2,499.960.33%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.380.09%
  • binancecoinBNB(BNB)$645.070.20%
  • solanaSolana(SOL)$169.130.56%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2190830.54%
  • cardanoCardano(ADA)$0.75-1.52%
  • tronTRON(TRX)$0.2719340.98%
  • suiSui(SUI)$3.820.42%
  • chainlinkChainlink(LINK)$15.600.72%
  • avalanche-2Avalanche(AVAX)$22.74-0.76%
  • stellarStellar(XLM)$0.289690-0.62%
  • hyperliquidHyperliquid(HYPE)$26.80-1.41%
  • shiba-inuShiba Inu(SHIB)$0.0000140.61%
  • hedera-hashgraphHedera(HBAR)$0.193043-0.62%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.06%
  • bitcoin-cashBitcoin Cash(BCH)$398.75-0.09%
  • the-open-networkToncoin(TON)$3.100.71%
  • litecoinLitecoin(LTC)$97.84-2.27%
  • polkadotPolkadot(DOT)$4.70-0.65%
  • moneroMonero(XMR)$340.170.75%
  • bitget-tokenBitget Token(BGB)$5.082.45%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.755.43%
  • pepePepe(PEPE)$0.0000130.56%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • bittensorBittensor(TAO)$429.192.22%
  • uniswapUniswap(UNI)$5.86-1.29%
  • aaveAave(AAVE)$225.65-0.62%
  • nearNEAR Protocol(NEAR)$2.75-1.11%
  • aptosAptos(APT)$5.160.05%
  • okbOKB(OKB)$53.11-0.27%
  • ondo-financeOndo(ONDO)$0.930.66%
  • kaspaKaspa(KAS)$0.110816-3.37%
  • internet-computerInternet Computer(ICP)$5.22-0.60%
  • ethereum-classicEthereum Classic(ETC)$18.32-0.30%
  • gatechain-tokenGateToken(GT)$21.570.13%
  • crypto-com-chainCronos(CRO)$0.098433-1.11%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.953.62%
  • mantleMantle(MNT)$0.73-0.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2350670.95%
  • vechainVeChain(VET)$0.0281620.32%
  • render-tokenRender(RENDER)$4.600.64%
  • ethenaEthena(ENA)$0.370948-1.96%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • filecoinFilecoin(FIL)$2.830.21%
  • algorandAlgorand(ALGO)$0.219347-0.43%
  • arbitrumArbitrum(ARB)$0.3829880.75%
  • bitcoinBitcoin(BTC)$103,456.24-0.08%
  • ethereumEthereum(ETH)$2,499.960.33%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.380.09%
  • binancecoinBNB(BNB)$645.070.20%
  • solanaSolana(SOL)$169.130.56%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2190830.54%
  • cardanoCardano(ADA)$0.75-1.52%
  • tronTRON(TRX)$0.2719340.98%
  • suiSui(SUI)$3.820.42%
  • chainlinkChainlink(LINK)$15.600.72%
  • avalanche-2Avalanche(AVAX)$22.74-0.76%
  • stellarStellar(XLM)$0.289690-0.62%
  • hyperliquidHyperliquid(HYPE)$26.80-1.41%
  • shiba-inuShiba Inu(SHIB)$0.0000140.61%
  • hedera-hashgraphHedera(HBAR)$0.193043-0.62%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.06%
  • bitcoin-cashBitcoin Cash(BCH)$398.75-0.09%
  • the-open-networkToncoin(TON)$3.100.71%
  • litecoinLitecoin(LTC)$97.84-2.27%
  • polkadotPolkadot(DOT)$4.70-0.65%
  • moneroMonero(XMR)$340.170.75%
  • bitget-tokenBitget Token(BGB)$5.082.45%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.755.43%
  • pepePepe(PEPE)$0.0000130.56%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • bittensorBittensor(TAO)$429.192.22%
  • uniswapUniswap(UNI)$5.86-1.29%
  • aaveAave(AAVE)$225.65-0.62%
  • nearNEAR Protocol(NEAR)$2.75-1.11%
  • aptosAptos(APT)$5.160.05%
  • okbOKB(OKB)$53.11-0.27%
  • ondo-financeOndo(ONDO)$0.930.66%
  • kaspaKaspa(KAS)$0.110816-3.37%
  • internet-computerInternet Computer(ICP)$5.22-0.60%
  • ethereum-classicEthereum Classic(ETC)$18.32-0.30%
  • gatechain-tokenGateToken(GT)$21.570.13%
  • crypto-com-chainCronos(CRO)$0.098433-1.11%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.953.62%
  • mantleMantle(MNT)$0.73-0.32%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2350670.95%
  • vechainVeChain(VET)$0.0281620.32%
  • render-tokenRender(RENDER)$4.600.64%
  • ethenaEthena(ENA)$0.370948-1.96%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • filecoinFilecoin(FIL)$2.830.21%
  • algorandAlgorand(ALGO)$0.219347-0.43%
  • arbitrumArbitrum(ARB)$0.3829880.75%