F1 Watch Tickets Available In The Form Of NFT, Here's The Excess!

NFT tickets for Formula One will be available soon. (Photo; Doc. Cryptoglobe)

JAKARTA Formula One (F1) racing fans can be happy with the planned presence of tickets in the form of Non-Fungible Token (NFT). The plan is that this digital ticket will be accessible in the sixth race of the Monaco Grand Prix F1. Not only that, this NFT ticket supports a number of important accesses for its owners.

This is in line with efforts by European countries that have ratified regulations regarding digital assets in the Markets in Crypto-Assets Act (MiCA). The positive impact is that a number of sports ticket platforms from various countries have started using NFT as tickets.

At the same time, one of the global ticket purchase platforms, Platinum Group has partnered with Elemint, a blockchain company that focuses on NFT development. Not only that, Platinum is also in partnership with Web3 marketing and development agency, Bary. This is intended to provide NFT ticket service and distribution.

The founder of Bary, Elie Zerbib, stated that NFT holders will receive exclusive offers such as being able to attend the 69th edition of the Grand Prix championship celebration. Not only that, but the NFT F1 ticket holder also has the opportunity to get more prizes in various events in the future F1 period.

"By providing a really smooth experience on the main website, users need not have the knowledge of Web3 to buy NFT tickets," Zerbib was quoted as saying by DailyCoin. He added, "We make users understand the benefits of this new type of ticket and take them on a trip that will change their F1 experience."

For information, this NFT ticket is planned to be printed (mint) on the Polygon (MATIC) blockchain, the Ethereum layer-2 network. According to Jacques-Henri Eyraud, CEO of Elemint, the use of NFT in the sports industry was revolutionary in involving fans.

"Web3 technology makes it possible to design a safer ticket solution and more adapted to the specificity of each event," said Eyraud. "Experience becomes more personal and fun for fans of all types of sports competitions."

This move is a positive thing for the sports industry and NFT. With tickets printed on the blockchain, it allows owners to have NFT digital art collections and access various other important events.