Crypto.com revealed it will drop a Formula One NFT collection ahead of the 2022 Miami Grand Prix. For 36 hours after 9 AM ET on April 18th, people with a Crypto.com NFT account could buy NFTs representing pieces of the official Miami International Autodrome’s track.
According to Crypto.com, there will be eight Grand Prix track NFTs to choose from in its “Miami Minted” NFT collection. The “Miami Minted” NFTs will also feature authentic representations of street art commissioned for the upcoming race.
Crypto.com says there’s no cap on how many NFTs a person could buy during the minting period. If buyers collect all eight “Miami Minted” NFTs, they will get an exclusive “full-track” NFT in their Crypto.com wallet. Note: Users must have every “Miami Minted” NFT in their Crypto.com NFT account by 8 AM ET on April 21st to get this bonus NFT.
Seven of the “Miami Minted” NFTs will sell for $100 per piece. The only NFT that will retail for over $100 is the “Finish Line NFT,” which is set to sell for $300. Customers could use crypto, credit cards, or debit cards to buy one of these NFTs.
Beyond their historical value, “Miami Minted” NFTs will give holders a chance to win IRL prizes — including a trip to Miami for the May 8th F1 Grand Prix. Nineteen people who have one track NFT in their Crypto.com NFT accounts could win a pair of passes to the Miami Grand Prix. Crypto.com is also giving away physical art pieces representing each track segment to 80 “Miami Minted” NFT holders.
Just like for the “full-track” NFT, people who want a chance to win these prizes need an NFT in their wallet at 8 AM ET on April 21st.
More Motorsports Offer NFT Memorabilia
Motorsports fans may already know this isn’t the first F1 NFT drop on Crypto.com’s NFT platform. As an official F1 sponsor, Crypto.com has given fans plenty of chances 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,” featuring 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 Autograph will mint NFTs for this year’s Indy 500.
A few months ago, the Munich-born racer Laura-Marie Geissler also announced a race-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 one rare car NFT to fund her 2022 season.
So, no matter what racing event fans most enjoy watching, there’s probably an NFT collection connected to it.