Crypto.com has revealed that it will be dropping a Formula One NFT collection ahead of the 2022 Miami Grand Prix. For 36 hours after 9 AM ET on April 18, people with a Crypto.com NFT account were able to purchase NFTs representing pieces of Miami International Autodrome’s official track.
According to Crypto.com, there will be eight Grand Prix track NFTs to choose from in the “Miami Minted” NFT collection. The “Miami Minted” NFTs will also feature authentic street art representations commissioned for the upcoming race.
Crypto.com says there is no limit to the number of NFTs a person can buy during the coin period. If buyers collect all eight “Miami Minted” NFTs, they will receive an exclusive “full-track” NFT in their Crypto.com wallet. Note: Users must have any “Miami Minted” NFT in their Crypto.com NFT account on April 21 at 8:00 AM ET to get this bonus NFT.
Seven of the “Miami Minted” NFTs sell for $100 each. The only NFT to sell for over $100 is the “Finish Line NFT,” which will sell for $300. Customers can use crypto, credit or debit cards to purchase any of these NFTs.
In addition to their historic value, “Miami Minted” NFTs give holders a chance to win IRL prizes – including a trip to Miami for the May 8 F1 Grand Prix. Nineteen people who have one track NFT in their Crypto.com NFT accounts can win a few passes to the Miami Grand Prix. Crypto.com is also giving away physical artworks representing each track segment to 80 “Miami Minted” NFT holders.
Similar to the “full track” NFT, those looking to be in with a chance of winning these prizes will need an NFT in their wallets at 8 AM ET on April 21.
More Motorsports Offer NFT Memorabilia
Motorsports fans may already know that this is not the first F1 NFT drop on Crypto.com’s NFT platform. As an official F1 sponsor, Crypto.com has given fans plenty of opportunities to pick up commemorative F1 NFTs. In fact, one of the first NFT drops on the Crypto.com NFT market was “A New Era Begins”, with Aston-Martin F1.
However, it’s not just F1 and Crypto.com that are dropping “high-speed” NFTs. As Rarity Sniper recently reported, NASCAR dropped its first commemorative ticket NFTs at the 2022 Daytona 500. Plus, there’s news that Tom Brady’s NFT market will make Autograph NFTs for this year’s Indy 500.
A few months ago, Munich-born racer Laura-Marie Geissler also announced a racing-themed NFT collection called “LMG GT No.1”. With the help of Unblocked and Creative Agency Amsterdam Berlin, Geissler is selling helmet and suit NFTs and a rare car NFT to fund her 2022 season.
So no matter what racing event fans prefer to watch, there’s probably an NFT collection associated with it.