Defi and NFT Marketplace Velas Becomes Ferarri’s Multi-year Sponsor

Fazzaco learned that Velas, a Swiss decentralized (defi) and non-fungible token (NFT) marketplace, has signed a multi-year agreement with Scuderia Ferrari, a world-famous Italian racing car manufacturer, as its sponsor, and gained the title of a Premium Partner.

Through this partnership, Velas will be Title Sponsor of the Ferrari Esports Series, the online mono-brand series of the Prancing House, and of the Esports team that will compete in the F1 Esports Series, the official digital championship competed in by all teams participating in the FIA Formula 1 World Championship.

Velas will create luxury NFT for Scuderia Ferrari’s fans, reportedly.

“We are pleased to start this collaboration with Velas, a company that makes innovation and performance the hallmark of technologically advanced products and services: these are all values that unite us and that led us to choose Velas as one of our Premium Partner,” said Mattia Binotto, General Manager and Team Principal at Scuderia Ferrari.

“Having built a next-generation blockchain that puts the emphasis both on sustainability and performance, it was natural to partner with another icon of excellence, which is Ferrari. Velas has introduced an innovative variety of pioneering technology into the blockchain and associated products, which will now be showcased at the pinnacle of motorsport,” Farhad Shagulyamov, Valas Co-founder and CEO, stated.