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Lamborghini-backed GT competing group to verify car components utilizing NFTs

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Former competing hero Vincenzo Sospiri announced that this will enable them to control and guarantee the characteristic of their car components

Vincenzo Sospiri Racing (VSR), a GT competing group supported by Lamborghini’s motorsport department, has declared its cooperation with nonfungible token (NFT) platform Go2NFT to inaugurate a project that insures racing car components.

In a statement sent to Cointelegraph, former competing champion Vincenzo Sospiri from the VSR cited that their company will create an NFT certification for their competition cars with Go2NFT and blockchain outlet Skey Network. This will enable them to control and assure the value of the car component.

Far from the car components, VSR is moreover peeking to improve the NFT certification project to official property and its other stocks as well. Regarding the group, this will give enthusiasts relief when buying branded interests.

The society of racing and crypto has been crashing well in 2022. Formula 1 racing club Red Bull Racing achieved a $150 million cooperation with the crypto trade outlet Bybit. In a Cointelegraph interview, Bybit producer Ben Zhou announced that the cooperation enabled its crew to attain a population who are unfamiliar with the crypto area.

Crypto. com cooperate with car factory Aston Martin’s Formula 1 committee. With the contract, the brand’s F1 cars will show advertisements for the industry.

an executive Jefferson Slack, at Aston Martin, reported that the move enables the car factory to comprehend the crypto area better.

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