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The Italian luxury sports manufacturer headquartered in Maranello, Italy announced that the company is working with Velas Network Ag, which focuses on blockchain and non-fungible token (NFT) technology.
Ferrari reveals its partnership with blockchain company Velas
On December 27, Ferrari, the documentary manufacturer of luxury sports cars supported by Enzo Ferrari in 1939, revealed that the company was involved in the production of “exclusive digital content” worldwide. Sports division Scuderia Ferrari announced that the Italian manufacturer has reached a multi-year agreement with Velas Network Ag. The company said that Velas can provide digital content for Scuderia fans, and the announcement also explained that Velas will also become the title sponsor of the Ferrari e-sports series.
The portal of Velas Network pointed out that Velas may be a branch of Solana (SOL) with built-in EVM integration and a network launched in 2019. “We have the fastest EVN chain to compete with Ethereum 2.0,” the website claims. The company is located in Switzerland and Ferrari, and stated in its statement that Velas may be a “global player in the blockchain and NFT field.” Ferrari’s announcement detailed that Velas can work well with the Maranello team.
Although the partnership between Ferrari and Velas did not mention any NFT promotions or blockchain ideas, the company will disclose support for the Ferrari eSports series. Ferrari followed the various automakers and sports sector brands that entered the home of the blockchain. In mid-June, German manufacturer Porsche entered the NFT business, and in early September, the Mercedes-AMG Petronas F1 team had semi-permanent contact with FTX.
Ferrari team general manager and team leader Mattia Binotto (Mattia Binotto) said on the working day that the company is very happy to cooperate with Velas Network Ag. “[Velas is] An organization that creates innovation and performance is a hallmark of technologically advanced products and services: these values unite us and make us decide to use the Velas collective as our senior partner,” Binotto said in a statement.
Scuderia Ferrari also followed Motor Team McLaren’s NFT project and Ferruccio Lamborghini’s NFT deposit. Farhad Shagulyamov, co-founder and corporate executive of Velas Network Ag, believes that his company and Ferrari are natural partners. Shagulyamov’s leadership position as the executive officer of Velas was declared a “long-term and fruitful debate” four days ago.
“Designing the next generation of blockchain, putting the pressure on property and performance separately, it is absolutely natural to cooperate with another outstanding icon, that is Ferrari,” Shagulyamov said of the partnership with this Italian luxury sports manufacturer The same is true in relationships. “Velas has introduced pioneering technologies of the associate degree innovation type to blockchain and related products, which can now be displayed on the head of motorsports,” said the Velas government.
Post Italian sports car manufacturer Ferrari signs multi-year agreement with blockchain company Velas Network AG First appeared in Bitcoin wire.
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