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FuturoCoin unveiled as Aston Martin Red Bull Racing partner in the very first F1 cryptocurrency sponsorship
The global cryptocurrency, FuturoCoin (FTO), has signed a two-year contract with the Aston Martin Red Bull Racing (RBR) Formula One team.
This partnership represents the first time that a cryptocurrency sponsored a team at the peak of international motorsport, Formula One, and marks another exciting step in the development of the sector.
The FuturoCoin brand will feature on the F1 cars of drivers Max Verstappen and Pierre Gasly, members of the Aston Martin Red Bull Racing RB15. The company logo will also be visible on the combination of drivers and carriers.
Founded in 2017 by Roman Ziemian and Stephan Morgenstern, FuturoCoin is a decentralized cryptocurrency based on open source code. Offering a maximum bid of 100,000,000 OTF, it is estimated that it will take about 10 years to exploit the full amount of the currency.
The agreement was motivated by the pbadion of the founder, Roman Ziemian, for motorsport and would cover the seasons 2019 and 2020 of F1. He said: "Crypto-currencies and Formula 1 are very similar and their values are very similar; speed, technology and be ahead of their time.
"I'm a big fan of motorsport and F1 has always intrigued me. Sponsorship is an exciting new chapter for our company and will be a global platform for us to promote FuturoCoin. "
"In recent years, blockchain and crypto-coin technology has seen remarkable growth, and we are delighted to be the first Formula 1 team to adopt it, thanks to our partnership with FuturoCoin, "said Christian, director of the Aston Martin Red Bull Racing team. Horner. "Secured digital currencies are at the forefront of technology development and we are very excited to be part of this revolution."
Paulina Wo? Niak, CEO of the management company FuturoCoin, said: "We are very proud that FuturoCoin is the first cryptocurrency in the world to appear on an F1 car. In addition, we look forward to working alongside Aston Martin's Red Bull Racing, a prestigious brand recognized around the world. "
Aston Martin Red Bull Racing won the Formula 1 World Championships and Drivers' Championship two years in a row between 2010 and 2013. His 59 Grand Prix victories represent the sixth best builder in F1 history.
The 21 rounds of Formula 1 2019 begin with the Australian Grand Prix on March 14 and 17.
https://www.youtube.com/watch?v=Rm10e_hT06Q&feature=youtu.be
This press release presents multimedia. See the full press release here: https://www.businesswire.com/news/home/20190205005454/fr/
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