Nowadays, NFTs are becoming popular in the automobile sector and have exploded in the Crypto space. As each week, many new brands in the automobile sector also throw their hat into the ring regarding digital collectibles including Formula 1. Last few days, Ferrari is declaring in an earning call that’s keep an eye on the best opportunities that could be open to it on the best nft marketplace.
Ferrari CEO says, “for sure, the digital technologies and the Web3 technologies, that are using the blockchain. The major aspect in these NFTs plays an important role that is more interesting. It deserves some attention. While Ferrari may do something in the future, some F1 teams have already begun releasing their collection. Alfa Romeo, is partnering with Socios, minting a strictly limited edition NFTs to its fan holders at last year’s Brazilian Grand Prix that goes high in the team’s coin price. However, most of the crypto art investors are looking for long term investment to…