royalqatarlcd:Formula One plans to get involved in cryptocurrency mining

 Racing giant Formula 1 applied for new trademarks related to NFT and cryptocurrencies.

 


According to one of the documents, it plans to provide software for cryptocurrencies, digital collections and NFTs. The software will also support cryptocurrency payments and exchange transactions.

 

Another document is related to retail service in the metacos. Formula One intends to create an online market for buyers and sellers of cryptocurrencies. It also plans to use blockchain to promote financial transactions and even get involved in cryptocurrency mining.

 

Most importantly, Formula One may use virtual goods (such as online virtual world and NFT in mixed real-world) to provide entertainment services. One of the documents includes intellectual property licensing services related to cryptocurrencies.


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