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Formula 1 will start accepting NFT-tickets

Crypto-Upvotes Team 0 Comments

NFT digital tokens can be used at Formula 1 races starting with the Monaco Grand Prix on May 28

Formula 1 ticket supplier Platinum Group has introduced tickets in the form of NFTs. The first event to which they will be available is the Monaco Grand Prix, which will be held on May 28.

The tokens will be issued on the Polygon blockchain. In addition to admission to the event. NFT tickets will also give owners various bonuses. For example, discounts for future races or participation in parties.

For sports fans, easy entry is the most important principle. Eli Zerbib, co-founder of the Web3 company Bary, which was involved in the creation of the tokens, said this. According to him, NFT tokens provide just that simplicity. And they offer transparency, traceability, easy purchasing, personalization. And also great audience involvement, which the company needs.

Our experts note that the use of blockchain technology in sports already goes beyond selling event tickets or issuing fan tokens and NFT collections

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