Blockchain

Story: McLaren Formula 1 to Use Tezos (XTZ) To Create NFTs in Multi-year Partnership

By Maheen Hernandez

1 / 10

McLaren Formula 1 Team expressed, “We are excited to welcome Tezos, the world’s most advanced blockchain, as our Official Technical Partner.

2 / 10

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…

3 / 10

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.

4 / 10

The McLaren onlookers were like:  Own a piece of McLaren, without actually owning anything.  Is that what you say about $1 mill baseball cards?

5 / 10

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.

6 / 10

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…

7 / 10

Those who do not understand will have to check the exhaustive NFT Guide.

8 / 10

Critics: NFTs are a scam that are causing huge environmental damage. This is hugely disappointing.

9 / 10

Appreciation: Smart people have smart choice. Good to Choose Tezos. Tezos is the best chain for this hands down.

10 / 10

This is great to see because McLaren is a forward looking organization so this is a tremendous partnership!

The Currency Analytics

Want the full story?