Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG – Blockchain Bitcoin News

Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG
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The Italian deluxe cars maker headquartered in Maranello, Italy, Ferrari has actually revealed the firm is partnering with Velas Network AG, a firm that focuses on blockchain and also non-fungible token (NFT) modern technology.

Ferrari Reveals Partnership With Blockchain Firm Velas

On December 27, Ferrari the well recognized deluxe cars maker established in 1939 by Enzo Ferrari disclosed the firm is entering the globe of developing “exclusive digital content.” The competing department Scuderia Ferrari revealed that the Italian car maker has actually partnered with Velas Network AG in a multi-year contract. The business claims Velas will certainly assist reinforce electronic material for Scuderia followers and also the news clarifies Velas will certainly additionally be a title enroller for the Ferrari Esports Series.

Velas network’s internet portal notes that Velas is a Solana (SOL) fork with integrated EVM combination and also the network introduced in 2019. “We have the fastest EVN chain to compete with Ethereum 2.0,” the site cases. The business lies in Switzerland and also Ferrari information in the news that Velas is a “global player in the blockchain and NFT sector.” Ferrari’s news better information that Velas will certainly work together well with the Maranello group.

While Ferrari’s collaboration with Velas does not state any kind of NFT promos or blockchain ideas imminent, the business does divulge the Ferrari Esports Series sponsorship. Ferrari complies with a variety of vehicle manufacturers and also competing department brand names that have actually gone into the blockchain area. In mid-June, the German carmaker Porsche got in the NFT market and also at the end of September, the Mercedes-AMG Petronas F1 group tattooed a long-lasting manage FTX.

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Mattia Binotto, the basic supervisor and also group principal at Scuderia Ferrari mentioned on Monday that the business was pleased to work together with Velas Network AG. “[Velas is] a company that makes innovation and performance the hallmark of technologically advanced products and services: these are all values that unite us and that led us to choose Velas as one of our Premium Partner,” Binotto stated in a declaration.

Scuderia Ferrari additionally complies with behind the Motor Team McLaren’s NFT task and also the Ferruccio Lamborghini Museum NFTs. The founder and also chief executive officer of Velas Network AG, Farhad Shagulyamov, thinks his business and also Ferrari are all-natural companions. Shagulyamov management as chief executive officer of Velas was simply revealed 4 days earlier after “long and fruitful debates.”

“Having built a next-generation blockchain that puts the emphasis both on sustainability and performance, it was natural to partner with another icon of excellence, which is Ferrari,” Shagulyamov stated in relation to the collaboration with the Italian deluxe cars maker. “Velas has introduced an innovative variety of pioneering technology into the blockchain and associated products, which will now be showcased at the pinnacle of motorsport,” the Velas exec wrapped up.

Tags in this tale

Blockchain, Blockchain technology, Farhad Shagulyamov, Ferrari, Ferruccio Lamborghini Museum, Italian Sports Cars, Mattia Binotto, McLaren NFTs, Mercedes-AMG Petronas F1, nft, NFTs, porsche, Scuderia Ferrari, modern technology, Velas, Velas Network AG

What do you consider Ferrari associating Velas? Let us recognize what you consider this topic in the remarks area listed below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and also a monetary technology reporter living in Florida. Redman has actually been an energetic participant of the cryptocurrency neighborhood because 2011. He wants Bitcoin, open-source code, and also decentralized applications. Since September 2015, Redman has actually composed greater than 5,000 short articles for Bitcoin.com News concerning the turbulent procedures arising today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Ferrari

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