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

THELOGICALINDIAN - The Italian affluence sports car architect headquartered in Maranello Italy Ferrari has appear the close is partnering with Velas Network AG a close that specializes in blockchain and nonfungible badge NFT technology

Ferrari Reveals Partnership With Blockchain Firm Velas

On December 27, Ferrari the able-bodied accepted affluence sports car maker founded in 1939 by Enzo Ferrari appear the close is dispatch into the apple of creating “exclusive agenda content.” The antagonism analysis Scuderia Ferrari announced that the Italian car architect has partnered with Velas Network AG in a multi-year agreement. The aggregation says Velas will advice bolster agenda agreeable for Scuderia admirers and the advertisement explains Velas will additionally be a appellation sponsor for the Ferrari Esports Series.

Velas network’s web aperture addendum that Velas is a Solana (SOL) angle with congenital EVM affiliation and the arrangement launched in 2024. “We accept the fastest EVN alternation to attempt with Ethereum 2.0,” the website claims. The aggregation is amid in Switzerland and Ferrari capacity in the advertisement that Velas is a “global amateur in the blockchain and NFT sector.” Ferrari’s advertisement added capacity that Velas will coact able-bodied with the Maranello team.

While Ferrari’s affiliation with Velas does not acknowledgment any NFT promotions or blockchain concepts on the horizon, the aggregation does acknowledge the Ferrari Esports Series sponsorship. Ferrari follows a cardinal of auto makers and antagonism analysis brands that accept entered the blockchain space. In mid-June, the German carmaker Porsche entered the NFT industry and at the end of September, the Mercedes-AMG Petronas F1 aggregation inked a abiding deal with FTX.

Mattia Binotto, the accepted administrator and aggregation arch at Scuderia Ferrari remarked on Monday that the aggregation was admiring to coact with Velas Network AG. “[Velas is] a aggregation that makes addition and achievement the authentication of technologically avant-garde articles and services: these are all ethics that affiliate us and that led us to accept Velas as one of our Premium Partner,” Binotto said in a statement.

Scuderia Ferrari additionally follows abaft the Motor Team McLaren’s NFT activity and the Ferruccio Lamborghini Museum NFTs. The co-founder and CEO of Velas Network AG, Farhad Shagulyamov, believes his aggregation and Ferrari are accustomed partners. Shagulyamov administration as CEO of Velas was aloof announced four canicule ago afterwards “long and abounding debates.”

“Having congenital a next-generation blockchain that puts the accent both on sustainability and performance, it was accustomed to accomplice with addition figure of excellence, which is Ferrari,” Shagulyamov said in attention to the affiliation with the Italian affluence sports car manufacturer. “Velas has alien an avant-garde array of beat technology into the blockchain and associated products, which will now be showcased at the acme of motorsport,” the Velas controlling concluded.

What do you anticipate about Ferrari abutting up with Velas? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Ferrari