Bybit, teamed up with Red Bull Racing, has announced the Velocity Series, a groundbreaking digital art collaboration that will create unique NFTs based on race data from the F1 car.
The Velocity Series project will merge art and racing by creating unique non-fungible tokens (NFTs) inspired by race team data and telemetry from the RB19 F1 car.
The Series is the first-ever collaboration between an F1 team and a star-studded lineup of digital artists, starting with Rik Oostenbroek, a renowned Dutch artist known for his dynamic shapes and abstract forms across a multi-disciplinary approach.
The Velocity Pass: A Premium NFT with Multiple Benefits
The series consists of four releases coinciding with Dutch, Japan, United States, and Abu Dhabi Grand Prix throughout the 2023 Formula 1 season (specific drop dates may be subject to change).
Each release also features a range of NFT collections, including a limited-edition NFT collection exclusively accessible to holders of the Velocity Pass and a publicly available open-edition sale.
The Velocity Pass is a dynamic work of art that will evolve over the course of the season.
It is also a premium NFT that grants art enthusiasts front-row access to the ongoing narrative of the Velocity Series, providing its holders with a wide range of utilities.
At each of the four Velocity Series releases, pass holders can participate in a holder-exclusive NFT sale to secure digital masterpieces by the featured artists.
Pass holders will also receive a complimentary open-edition NFT at each of the four releases, adding extra value to their collection.
Additionally, they will gain access to Red Bull Racing experiences and chances to win rare prizes from Red Bull Racing and Bybit.
A Unique Opportunity to Engage with Customers and Fans
Head of Fan Engagement at Red Bull Racing, Caroline Buckland, expressed her excitement about the collaboration:
“We are extremely excited about teaming up with Bybit and this group of hugely talented artists for the Velocity Series. The NFTs released as part of the series are limited editions and truly capture the essence of the Team’s prowess and progressive performance. Each collection is unique to the artists’ particular style, making them highly sought after by collectors and fans.”
Anndy Lian, Head of Partnerships at Bybit, commented:
“As long-term and strategic partners, Bybit and Red Bull Racing are excited to launch the Velocity Series, which brings together the creative talents of some of the world’s best digital artists with cutting-edge technology, enabling us to leverage our respective strengths and further advance our position in the rapidly-evolving Web3 era. The Velocity Series represents a unique opportunity to engage with our customers and fans, and we are excited to empower even more creativity through this collaboration.”
The Velocity Series is also curated in collaboration with AOI, a foundation for emerging art and technology.
The debut will coincide with the Dutch Grand Prix on August 27th, featuring Rik Oostenbroek’s collection.
More details about the series can be found on the official website.
