{"id":194005,"date":"2021-06-30T14:00:58","date_gmt":"2021-06-30T13:00:58","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=194005"},"modified":"2021-09-12T12:34:37","modified_gmt":"2021-09-12T11:34:37","slug":"formula-1-takes-on-crypto-com-as-cryptocurrency-sponsor","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/formula-1-takes-on-crypto-com-as-cryptocurrency-sponsor\/","title":{"rendered":"Formula 1 takes on Crypto.com as \u2018cryptocurrency sponsor\u2019"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Racing body Formula 1 (F1) signed on Hong Kong-based crypto firm Crypto.com as its official cryptocurrency sponsor yesterday, as per a <\/span><a href=\"https:\/\/blog.crypto.com\/formula-1-r-announce-crypto-com-as-global-partner-and-inaugural-partner-of-the-f1-sprint-series\/\"><span style=\"font-weight: 400;\">release<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe are extremely proud to be the first cryptocurrency sponsor of Formula 1, joining a prestigious collection of brands supporting a sport with technology and innovation at its core. We look forward to many years of innovating together, and will begin at the Belgian Grand Prix where we will present a brand new award,\u201d said Crypto.com founder Kris Marszalek in a statement, adding the duo will unveil exclusive NFTs soon.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ We&#39;re extremely excited to announce that <a href=\"https:\/\/t.co\/vCNztABJoG\">https:\/\/t.co\/vCNztABJoG<\/a> is the newest Global Partner of <a href=\"https:\/\/twitter.com\/F1?ref_src=twsrc%5Etfw\">@F1<\/a>? <\/p>\n<p>We&#39;re also the first Official Cryptocurrency Sponsor, and <a href=\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&ref_src=twsrc%5Etfw\">#NFT<\/a> Partner of <a href=\"https:\/\/twitter.com\/hashtag\/F1?src=hash&ref_src=twsrc%5Etfw\">#F1<\/a> <a href=\"https:\/\/t.co\/gyymBWpWmo\">pic.twitter.com\/gyymBWpWmo<\/a><\/p>\n<p>&mdash; Crypto.com (@cryptocom) <a href=\"https:\/\/twitter.com\/cryptocom\/status\/1409807850042314753?ref_src=twsrc%5Etfw\">June 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Crypto and NFTs come to F1<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">F1 is the world\u2019s most prestigious motor racing competition, as well as the world\u2019s most popular annual sporting series. And the partnership is the latest one in a long list of new sporting and branding partnerships for Crypto.com.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto.com will be unveiled as a Global Partner and Inaugural partner of the new Sprint series for 2021, with the first event at Silverstone on Saturday 17 July, ahead of the British Grand Prix 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto.com will also have a trackside presence at every race for the remainder of the season as part of a leading global partnership deal with F1.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">5\/ This is just the beginning of a multi-year partnership rooted in collaboration and innovation. <\/p>\n<p>Catch us on the track this weekend at the <a href=\"https:\/\/twitter.com\/hashtag\/AustrianGP?src=hash&ref_src=twsrc%5Etfw\">#AustrianGP<\/a><\/p>\n<p>And read our joint statement here: <a href=\"https:\/\/t.co\/gHlgQB4Hv0\">https:\/\/t.co\/gHlgQB4Hv0<\/a><\/p>\n<p>&mdash; Crypto.com (@cryptocom) <a href=\"https:\/\/twitter.com\/cryptocom\/status\/1409807857835384836?ref_src=twsrc%5Etfw\">June 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">In addition to building the world\u2019s fastest-growing crypto platform and the leading app in both the App Store and Google Play, the Crypto.com Visa Card is the world\u2019s most popular crypto card available in 30+ countries worldwide. Partnering with F1 will ensure Crypto.com continue to grow their brand awareness on an international stage.<\/span><\/p>\n<h2><b>Partnerships and carbon neutral<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Crypto.com has led the industry in sports sponsorships, having been the first crypto platform to partner with an F1 team (Aston Martin Cognizant Formula One), the first to partner with an NHL team (Montreal Canadiens), and the first to partner with a football league (Lega Serie A).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, to align with the sustainability plans for F1 to be Net Zero Carbon as a sport by 2030, Crypto.com announced an ambitious pledge in May 2021 to become carbon negative within 18 months, offering the industry a path and a model for \u201cclean crypto.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This plan will initially focus on an assessment of the carbon generated through cryptocurrency trading, deposit, and withdrawal activities across all of its own platforms, before reevaluating the ways it operates throughout the business outside of trading.<\/span><\/p>\n<p><em><strong>Disclaimer<\/strong>: Crypto.com is an advertising partner of CryptoSlate.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Racing body Formula 1 (F1) signed on Hong Kong-based crypto firm Crypto.com as its official cryptocurrency sponsor yesterday, as per a release. \u201cWe are extremely proud to be the first cryptocurrency sponsor of Formula 1, joining a prestigious collection of brands supporting a sport with technology and innovation at its core. We look forward to [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":194008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,5789],"tags":[76701],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Formula 1 takes on Crypto.com as \u2018cryptocurrency sponsor\u2019<\/title>\n<meta name=\"description\" content=\"Racing body Formula 1 (F1) signed on Hong Kong-based crypto firm Crypto.com as its official cryptocurrency sponsor yesterday, as per a release.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/formula-1-takes-on-crypto-com-as-cryptocurrency-sponsor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Formula 1 takes on Crypto.com as \u2018cryptocurrency sponsor\u2019\" \/>\n<meta property=\"og:description\" content=\"Racing body Formula 1 (F1) signed on Hong Kong-based crypto firm Crypto.com as its official cryptocurrency sponsor yesterday, as per a release.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/formula-1-takes-on-crypto-com-as-cryptocurrency-sponsor\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-30T13:00:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-12T11:34:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/06\/crytoCom-f1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaurya Malwa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaurya Malwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/formula-1-takes-on-crypto-com-as-cryptocurrency-sponsor\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/formula-1-takes-on-crypto-com-as-cryptocurrency-sponsor\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#person\",\"name\":\"Shaurya Malwa\",\"url\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"caption\":\"Shaurya Malwa\"},\"jobTitle\":\"Analyst\",\"description\":\"Post-mining his first bitcoin in 2012, there was no looking back for Shaurya Malwa. 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When not writing, Shaurya works on his culinary skills, trades the big three cryptocurrencies, and surfs airplane blogs.","url":"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/194005"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=194005"}],"version-history":[{"count":2,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/194005\/revisions"}],"predecessor-version":[{"id":194052,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/194005\/revisions\/194052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/194008"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=194005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=194005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=194005"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=194005"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=194005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}