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Mercedes Formula 1 NFTs Come With A Piece Of The Actual Car

April 30, 2022
in Australian Crypto News
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With Formula One’s Miami Grand Prix next weekend, Mercedes has announced a new NFT collection. The twist? It could come with a piece of the actual car.

NFTs You Can Touch

F1 team Mercedes-AMG Patronus has revealed a long-term alliance with global crypto exchange FTX for the release of NFT collectibles for the Miami Grand Prix and the remainder of the 2022 race season.

FTX will be releasing 2,500 free-to-claim “ticket stubs” in the form of artistic renditions of actual race tickets. This gives fans the opportunity to collect ticket stubs throughout the season, creating a community of traders with a passion for racing.

The Miami event will even feature Mad Dog Jones, a notable NFT creator. Furthermore, fans can also look forward to two special NFTs attached to the rear wing endplates of George Russell and Lewis Hamilton’s race cars – both of which will be auctioned together with accompanying Mad Dog Jones NFTs.

While the goal of the collection is to increase fan engagement, many have pushed back, mocking the initiative or otherwise calling it a “scam” or “stupid”:

Dropping my nft, please don’t download or screenshot cause this is a one of a kind thing that you totally can’t recreate without spending a shit ton of money and producing the same amount of emissions as the entire country of Ethiopia pic.twitter.com/H46wnxb8Hm

— Destiny awaits (@Destiny_await) April 28, 2022

An NFT in this context is a link to an image, you basically buy the link, and not even that.

You buy a unique code of the link that points to the image.

It’s like buying a receipt for groceries that someone else shopped. Quite literally.

It’s all just a scam and stupid.

— Ozzy (@ApolloTestSbjct) April 28, 2022

Not Mercedes’ First Rodeo

This isn’t Mercedes’ first venture into the world of NFTs. In January, they teamed up with Art2People to launch a collection to celebrate their G-class series.

And more recently, South Korean manufacturer Hyundai dipped its toes into the NFT ecosystem its ‘Metamobility Universe’.

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Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


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