Oracle Red Bull Racing to Unveil 2022 NFT Collection at Monaco Grand Prix, Powered by Bybit and Tezos

MONACO – Media OutReach – May 27, 2022 – Oracle Red Bull Racing is ready to bring its fans even closer to the action by launching its second series of digital collectibles with a unique auction at the Monaco Grand Prix.

This next generation of Oracle Red Bull Racing NFTs will be minted on the Tezos blockchain and available on Bybit’s NFT Marketplace, bringing together two of the team’s key partners to collaborate for the first time. The second season of the Oracle Red Bull Racing NFTs will connect fans with the team and its memorable moments through a series of limited-edition digital pieces, each marking a unique aspect of the past, present and future of Oracle Red Bull Racing.

To mark the launch of the 2022 NFT Collection, the series will open with the release of a truly unique collectible that will be auctioned off during Monaco Grand Prix week. An exclusive Playseat simulator from the Monaco edition will be on display and some racing action will be seen with Red Bull drivers and athletes during the race weekend. An NFT auction will be held at the same time, with the highest bidder receiving a digital version of the unique seat for their memorabilia collection. Y rights to claim the unique Royal Monaco Power Station Playseat.

Each limited edition piece in the team’s ever-expanding NFT collection will be minted on the energy-efficient Tezos Blockchain. A pioneering and ever-evolving open source blockchain for assets and applications, Tezos harnesses the power of the blockchain in a secure, scalable, upgradeable, and sustainable way.

In an exciting new development, the assets will be listed for the first time by the Bybit team’s lead partner in its industry-leading NFT marketplace. It will also be the NFT marketplace where the latest Oracle Red Bull Racing digital collectibles will be on display. Bybit was established in March 2018 and is currently the fastest growing cryptocurrency exchange offering crypto traders a lightning-fast matching engine, innovative online spot and derivatives trading services, earnings and savings products, as well as as a popular NFT market. With significant market depth and best-in-class liquidity, Bybit enables traders to enjoy maximum profitability while offering reliable solutions to their trading challenges with multilingual customer support.

Oracle Red Bull Racing Team Principal and CEO Christian Horner said: “The second season of our highly prized digital collectibles continues our mission to put the heart of Oracle Red Bull Racing – on the track, in the garage and in the factory. Each limited edition piece depicts a moment in team time in stunning detail and is designed to immerse fans in our world, our quest for victory, and the greatest moments in team history. So it is fitting that we are launching the latest collection here in Monaco. Thanks to our cutting-edge partnerships with Bybit and Tezos, pioneers in the exciting digital asset space, we are able to bring limited edition pieces of F1’s future legacy to our fans around the world in an immersive, accessible and affordable way.”

Co-founder and CEO of Bybit, Ben Zhou said: “Bybit’s partnership with Oracle Red Bull Racing marks another milestone in Bybit’s vision of bringing the metaverse to global communities, reinventing and enriching the fan experience. We look forward to using Bybit’s innovative technologies to bring the team closer to Oracle Red Bull Racing fans around the world with this initiative.”

The Oracle Red Bull Racing 1 of 1 Playseat Auction, in partnership with Bybit and Tezos, will begin at 6am Pacific Standard Time on May 26, 2022 and end at 11:59pm PT. Bybit NFT Marketplace (https://go.bybit.com/e/eoEuhjZalqb) and bidders must bid at least 5% higher than the current highest bid. Proceeds from the Playseat will be given to Wings For Life, a non-profit spinal cord research foundation that aims to find a cure for spinal cord injuries. Details of future collectibles will be announced shortly before each installment.

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find a lightning-fast matching engine, excellent customer service, and multilingual community support. The company offers innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace, and API support to retail and institutional clients around the world, and strives to be the most trusted exchange for the asset class. emerging digital. Bybit is a proud partner of the Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and soccer teams of association (soccer) Borussia Dortmund. and Wasp Fukuoka.

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