Ravencoin Stack
  • Home
  • Price Chart
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
    • Art
    • Beauty
    • Sports
    • Music
    • Fashion
    • NFT Events – Meetings
    • Trading cards
    • Learning
  • Exchanges
  • Books
Ravencoin Stack
  • Home
  • Price Chart
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
    • Art
    • Beauty
    • Sports
    • Music
    • Fashion
    • NFT Events – Meetings
    • Trading cards
    • Learning
  • Exchanges
  • Books
No Result
View All Result
RavencoinStack
No Result
View All Result
I show You how To Make Huge Profits In A Short Time With Cryptos!
Home NFT Sports

Add IndyCar racing legends to your sports digital collection with the Autograph NFT platform.

May 1, 2022
in Sports
Red IndyCar

The Autograph NFT sports platform has signed a deal with Penske Entertainment. This includes the IndyCar series. The Autograph platform enables you to collect limited edition digital collections of legendary names in entertainment, culture, and sports.

You might also like

Footballer auctions limited edition digital collectables with NFTs

Wimbledon Team With Glorious To Launch Rare Limited Edition Digital Artwork NFT

Fans and Collectors interact with Celebrity Professional Cricketers via Kedarverse Secure NFTs

The initial strategy is to launch a series of NFT collections based on Penske’s intellectual property and historical archives. The first drop will happen at the end of May, on the 106th edition of the Indianapolis 500 race.

Penske owns the IndyCar motorsport series, which despite having a much smaller global reach than Formula One, is still a direct competitor of the league. Some drivers have experience in both racing series, as do certain team managers. As for Team Penske, it races in the IndyCar series, NASCAR Cup and Xfinity, as well as endurance racing.

“Growing the engagement we have with our fans across the NTT INDYCAR SERIES, Team Penske and Indianapolis Motor Speedway is one of our most important strategies,” said Jonathan Gibson, executive vice president of Penske Corp. “The convergence of sports and technology provides us many unique opportunities, including this new opportunity with NFTs and digital collectables.”

It took longer than most other sports, but it seems that NFTs are finally beginning to make a purposeful appearance in motorsports. NASCAR has a new NFT partnership with WAX, and Candy has deals with some NASCAR teams but not the league itself. Formula 1 as a series doesn’t have a current NFT deal, although it licensed the F1 Delta Time NFT game, which recently shut down on the license expiry. However, Crypto.com is a sponsor of the series and the Miami Grand Prix and several teams have NFT deals.

These developments highlight that there might be a “race” among NFT platforms for deals in the industry, and a partnership with Penske puts Autograph in a competitive position in the game.

The big winner will likely be the platform that lands a deal with Formula 1, which had a global TV audience of 108 million viewers for last season’s final race. In comparison, NASCAR featured 3.2 million viewers in the U.S., and the IndyCar series averaged 1.2 million, with the Indianapolis 500 race attracting 5.6 million people. Nevertheless, IndyCar’s audience has been increasing significantly over the past two seasons, jumping 10% from 2019 to 2020 and 19% from 2020 to 2021.

Another strategy is to partner with individual teams in the series. Some F1 teams have launched NFTs, such as McLaren and Red Bull’s individual deals with Tezos. So, there is a space for Autograph or other platforms to build their name in motorsport NFTs slowly.

To date, most of Autograph’s NFT deals have focused on individual athletes instead of leagues, although it recently inked a deal with ESPN. The startup raised a $170 million funding round in January, giving it some funds to scout rights.

In other motorsport news, there are multiple DAOs – decentralized autonomous organizations – looking to enable fans to have a say in the sport, including MotorDAO.

Via

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects.

Readers should do their own research and consult a professional financial advisor before making any investment decisions.

Tags: inycarsport

Recommended For You

Footballer auctions limited edition digital collectables with NFTs

by admin
June 29, 2022
0
Footballer Safee Sali

FANS of footballer Safee Sali can start bidding on his “SEPULUH” NFT (non-fungible token) collection starting Wednesday, June 22, till July 11. The Kuala Lumpur City player-coach —...

Read more

Wimbledon Team With Glorious To Launch Rare Limited Edition Digital Artwork NFT

by admin
June 20, 2022
0
Wimbledon tennis court

The Centenary Collection comprises 10 certifiably rare digital artworks, each released as an edition of 100. In total, the Collection is limited to 1000 exclusive editions priced at...

Read more

Fans and Collectors interact with Celebrity Professional Cricketers via Kedarverse Secure NFTs

by admin
June 20, 2022
0
Batsman in cricket

Voax gives cricket players a great way to connect with their fans. Voax also gives professional Cricketers a way of monetizing their intellectual property with NFTs. Voax.co, an...

Read more

eBay launch limited-edition Genesis NFT collection featuring iconic sports athletes

by admin
June 20, 2022
0
Ebay logo

eBay has linked up with the OneOf so that it can reach the lucrative collectibles market. This will allow eBay users to buy and sell high priced collectibles...

Read more

The Rario sports NFT Platform gives users the opportunity to buy Cricket Collectibles

by admin
June 20, 2022
0
Rario logo

Rario announces a funding round from Dream Capital. This will allow them to offer NFT products to 140 million users of Dream Sports. Rario currently has the largest...

Read more
Next Post
Rario logo

The Rario sports NFT Platform gives users the opportunity to buy Cricket Collectibles

Ravencoin price

Ravencoin

Ravencoin

$0.03

RVN -5.45%

Related News

Simple explanation of using decentralised finance for peer to peer financial lending

Simple explanation of using decentralised finance for peer to peer financial lending

July 3, 2022
Abstract hexagons

More than 20 Ravencoin resources

September 7, 2022
Passenger Ship collectible Artwork can now be owned with NFTs

Passenger Ship collectible Artwork can now be owned with NFTs

April 13, 2022

Browse by Category

  • Art
  • Beauty
  • Books
  • Digital Art
  • Exchanges
  • Fashion
  • Learning
  • Mining
  • Music
  • NFT
  • NFT Events – Meetings
  • Price
  • Sports
  • Trading cards
  • Uncategorized
  • Wallets

Pages

  • Home
    • Contact Us
  • Privacy Policy
  • Ravencoin Price USD Chart Current and Archive
  • Terms and Conditions
  • Your download link

CATEGORIES

  • Art
  • Beauty
  • Books
  • Digital Art
  • Exchanges
  • Fashion
  • Learning
  • Mining
  • Music
  • NFT
  • NFT Events – Meetings
  • Price
  • Sports
  • Trading cards
  • Uncategorized
  • Wallets

BROWSE BY TAG

Art artist Beginner Charity Chris Brown Clinique collectable Collectible Community copymint Dapps Daz 3D digital assets Ethereum football Fraud Gamification Gen Z Hydra limited edition loyalty Makeup Marketplace Mining music NFT NFTH Nike only gems OpenSea open source phygital Portfolio prediction Price Proof of Stake QR Code rare Seaport Shopify tokengated trading cards WAX WEB3 Wine

© 2022 Ravencoin Stack

No Result
View All Result
  • Home
  • Ravencoin Price USD Chart Current and Archive
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
  • Exchanges
  • Books

© 2022 Ravencoin Stack

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?