Formulation One goes the best way of different mainstream sports activities and groups with the submitting of some attention-grabbing emblems. On August 23, new emblems had been filed associated to NFTs, digital belongings and cryptocurrencies.
The filings happened forward of the Las Vegas Grand Prix in November 2023. Trademark lawyer, Michael Kondoudis, took to Twitter to point out the functions protection of digital belongings, digital currencies and NFTs amongst a broader scope.
Having broader emblems filed would display that Formulation One has plans to launch its personal exclusives on blockchain to commemorate the occasion. In fact, if so, it might put F1 subsequent to the likes of England’s Soccer Affiliation, even Nike and Gucci in embracing the digital world.
It definitely wouldn’t be a shock if that seems to be the case. The Crimson Bull and McLaren F1 groups have already partnered up with Tezos to launch their very own NFT collections. And the listing of groups is just rising.