McLaren Formula 1 Team expressed, “We are excited to welcome Tezos, the world’s most advanced blockchain, as our Official Technical Partner. McLaren will use the energy efficient and upgradeable Tezos network to create a series of non-fungible tokens (NFT) across F1, INDYCAR and esport.”
As a part of the partnership, Tezos branding will be represented across the McLaren Formula 1 team and Arrow McLaren SP team including the race suits of McLaren F1 drivers; Lando Norris and Daniel Riccardo; and AMSP drivers; Pato O’Ward and Felix Rosenqcist. This is a multi-year technical partnership to provide for an unrivalled and engaging NFT fan experience based on the Tezos blockchain.
For those who have questions about NFTs: McLaren have provided an exhaustive clarification. No two NFTs are the same. Every NFT has a unique digital signature. NFTs exist on blockchains. They are made from tangible and intangible objects. Instead of owning the physical asset, the buyer owns the digital asset.
The McLaren onlookers were like: Own a piece of McLaren, without actually owning anything. Is that what you say about $1 mill baseball cards? Definitely interested to see how this one pans out.
Some of them did not understand and they were wondering, a technical partner, like Dell or Microsoft, I get. I’m not sure what any of this means. As a fan of McLaren and crypto I’m not sure if this is good or bad news.
Several community members assured that this is good news. Great to see F1 teams entering the crypto space, looking forward to seeing the McLaren NFT’s developed on the Tezos Network. Don’t put crypto in a single basket. Tezos uses less energy for a Transaction than you have used to post this tweet. Things are evolving.
Those who do not understand will have to check the exhaustive NFT Guide.
Critics: NFTs are a scam that are causing huge environmental damage. This is hugely disappointing.
Appreciation: Smart people have smart choice. Good to Choose Tezos. Tezos is the best chain for this hands down. There’s a lot of noise in crypto but it’s the most upgraded and efficient blockchain for NFTs and other smart contract related functionality. It’s the Apple of blockchains but has flown under the radar for a long time.
This is great to see because McLaren is a forward looking organization so this is a tremendous partnership! I applaud them for doing the research on this and I look forward to their NFT offerings.
Get the latest Crypto & Blockchain News in your inbox.