Ferrari symptoms deal with tech organization Velas to produce electronic solutions for fans

Components 1 F1 – Italian Grand Prix – Circuit of Monza, Monza, Italy – August 30, 2018 General see of the Ferrari emblem REUTERS/Stefano Rellandini/File Photograph

Dec 27 (Reuters) – Ferrari (RACE.MI) has signed a multi-calendar year accord with Swiss know-how firm Velas Network to produce digital written content for its supporters, the luxurious sports car maker stated on Monday.

From up coming year, Velas, a service provider of electronic products and solutions and services, will become a companion of Ferrari’s System 1 racing team.

“In addition, Velas will be Title Sponsor of the Ferrari Esports Collection, the on-line mono-brand name sequence of the Prancing Horse, and of the Esports workforce that will contend in the F1 Esports Series, the formal digital championship competed in by all groups participating in the FIA Formula 1 Globe Championship,” Ferrari claimed in a assertion.

Velas is a top service provider of blockchain technological know-how and non-fungible tokens (NFTs), cryptographic belongings saved on a blockchain which have an identification code that makes them exclusive and have acquired level of popularity as a way to promote digital artwork.

Reporting by Silvia Recchimuzzi in Gdansk enhancing by Valentina Za and Christian Schmollinger

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