Formula 1 Races Into The NFT World: Platinium Group Launches NFT Race Passes
Portfolio Pulse from Murtuza Merchant
Platinium Group, a premier Formula 1 ticket distributor, is launching NFT race passes in collaboration with Elemint and Bary. The NFTs will be created on the Ethereum sidechain Polygon and offer holders perks like hospitality advantages and future race discounts.
May 26, 2023 | 4:56 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Platinium Group's NFT race passes will be created on the Ethereum sidechain Polygon, potentially increasing demand for Ethereum.
The creation of NFT race passes on the Ethereum sidechain Polygon may lead to increased demand for Ethereum as more users engage with the platform. This could have a positive impact on Ethereum's price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Platinium Group's NFT race passes will be created on the Ethereum sidechain Polygon, potentially increasing demand for Polygon's native token, MATIC.
The creation of NFT race passes on the Ethereum sidechain Polygon may lead to increased demand for Polygon's native token, MATIC, as more users engage with the platform. This could have a positive impact on MATIC's price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70