Autograph nft blockchain

The Web3 brand Autograph, co-founded by Tom Brady, IndyCar, Indianapolis Motor Speedway and Team Penske, is today the 106th Indianapolis 500 announced by Gainbridge at NBC on Sunday, May 29th. To commemorate the launch of the first exclusive NFT collection.

The unique NFT collaboration features a three-part NFT collection. NTT IndyCar Series Mystery Driver Container. There are 33 distinctive driver cards, one for each highly skilled athlete participating in this year’s Indianapolis 500. And the car that won the 1972 Indianapolis 500 for Team Penske has been recreated in unparalleled detail.

The 2022 Race Day NFT is a free commemorative NFT for anyone who purchases a seat for an iconic motorsport event and features unparalleled certification using blockchain technology.

Autograph nft blockchain

Autograph, an NFT platform focused on investing in sports, entertainment, and culture founded by Super Bowl champion Tom Brady, has raised $170 million in Series B funding co-led by a16z and Kleiner Perkins.

Per the announcement on Wednesday, Autograph said the financing will use the funds to expand the power of Web3 creation and bring NFT technology and continue to expand partners. The financing also adds three new members to the board, including Horne, Arianna Simpson of a16z and Ilya Fushman of Kleiner Perkins.

Additional investors include investments from Lightspeed partners Nicole Quinn and Katie Haun and a follow-on infusion from San Francisco-based venture capital firm 01A.

Speedway and Team Penske today announced the launch of their first exclusive NFT collection in celebration of the 106th Indianapolis 500 presented by Gainbridge on Sunday, May 29 on NBC.

The unique NFT collaboration features a three-part NFT collection: an exclusive redeemable 2022 Indianapolis 500 Race Day commemorative ticket, a NTT INDYCAR SERIES Mystery Driver Container, featuring 33 distinctive driver cards, one for each of the highly-skilled athletes competing in this year’s Indy 500; and a one-of-a-kind, intricately-detailed re-creation of the 1972 Indianapolis 500-winning car for Team Penske.

The 2022 Race Day Ticket is a commemorative NFT available for free to everyone who purchased a seat at the iconic motorsports event, with unparalleled authentication powered by blockchain technology.

Blockchains Supported by OpenSea

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Wallets Supported by OpenSea

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What are the pros and cons?

Let’s examine the benefits and disadvantages that come with using OpenSea.

Pros

OpenSea has no centralization, which makes transactions secure and virtually impossible to be scammed.

Each driver will have 33 mystery containers available with the contents only revealed to purchasers on Friday, May 27 ahead of Indy 500 Race Weekend. Fans will be able to collect their favorite drivers ahead of the event.
Following the Indy 500, every person in possession of a revealed mystery container will receive a special utility: a piece of carbon fiber from the car their NTT INDYCAR SERIES driver piloted in the Indy 500.

To finalize the collection, Autograph partnered with Team Penske to create a limited edition NFT: a 3D recreation of Team Penske’s race-winning 1972 car, paying tribute to the 50th anniversary of the team’s first Indianapolis 500 win.

“The Greatest Spectacle in Racing is ready for its first official leap into the world of Web3 and Autograph is honored to be the partner to make that a reality,” said Dillon Rosenblatt, co-founder, and CEO at Autograph.

Tom Brady, along with INDYCAR, The Indianapolis Motor Speedway and Team Penske today announced the launch of their first exclusive NFT collection in celebration of the 106th Indianapolis 500 presented by Gainbridge on Sunday, May 29 on NBC.

The unique NFT collaboration features a three-part NFT collection: an exclusive redeemable 2022 Indianapolis 500 Race Day commemorative ticket, a NTT INDYCAR SERIES Mystery Driver Container, featuring 33 distinctive driver cards, one for each of the highly-skilled athletes competing in this year’s Indy 500; and a one-of-a-kind, intricately-detailed re-creation of the 1972 Indianapolis 500-winning car for Team Penske.

The 2022 Race Day Ticket is a commemorative NFT available for free to everyone who purchased a seat at the iconic motorsports event, with unparalleled authentication powered by blockchain technology.

In 2022, IMS also will host two NTT INDYCAR SERIES road races, on May 14 and July 30, and NASCAR Xfinity Series and Cup Series road races during Brickyard Weekend on July 30-31. The Racing Capital of the World also includes USAC NOS Energy Drink Midget National Championship and Intercontinental GT Challenge Powered by Pirelli/GT Challenge World Challenge America events.

IMS, the NTT INDYCAR SERIES, and IMS Productions are owned by Penske Corporation, a global transportation, automotive, and motorsports leader. To purchase tickets or for more information, please visit ims.com.

About Team Penske

Team Penske is one of the most successful teams in the history of professional sports.

Cars owned and prepared by Team Penske have produced more than 600 major race wins, over 660 pole positions and 41 championships across open-wheel, stock car and sports car racing competition.

This certifies their authenticity and creates a sense of scarcity. This helps improve value in things, almost to astronomical prices, and reduces the chances of pirated or inauthentic work popping up around different platforms.

Although it isn’t perfect, it has allowed digital artists to start earning from projects that they previously struggled to solve.

What is Blockchain?

The Blockchain would be the backbone of the entire process that surrounds the making and transacting of any crypto-asset currently in the market.
NFTs use the Ethereum blockchain most often (using their smart contracts function), but other crypto assets also have their own blockchains where their transactions take place.

A blockchain is an automated leger, which is supported by crypto miners. It can manage, record and execute transactions between parties.

Co-founded by Tom Brady and headquartered in Los Angeles, Autograph is ushering in a new era of collecting through a streamlined and inclusive process, authentic and creative products, and exclusive partnerships. Members of the star-studded Advisory Board have dropped their first collection that all sold out in record time with drops from Wayne Gretzky, Derek Jeter, Naomi Osaka, Simone Biles, Tony Hawk, Tiger Woods and more.

About INDYCAR

INDYCAR is the Indianapolis-based governing body for North America’s premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its developmental series, Indy Lights Presented by Cooper Tires.

Autograph Nft

OpenSea is also what you would call a non-custodial marketplace. This means that OpenSea does not hold any of your crypto funds on its platform, only moving cryptocurrency from one wallet to another when a transaction takes place. All of this is possible because of the smart contracts mentioned above, which keep everything secure and verifyable.

Final Words

OpenSea is an essential stop for any NFT creator or investor. It is a great marketplace because it offers the largest number of NFTs and has a very simple interface for minting.
It also has additional checks and balances to ensure your purchases are secure.

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Most Frequently Asked Questions Autograph Nft

What is an NFT?

The Non-fungible token (or NFT) acts as a certificate you attach to digital goods.

The 2022 Race Day Ticket is a commemorative NFT available for free to everyone who purchased a seat at the iconic motorsports event, with unparalleled authentication powered by blockchain technology. All Indianapolis 500 ticket holders are eligible to redeem the celebratory NFT and unlock special additional content through May 30.

Additionally, INDYCAR and Autograph collaborated to drop the 2022 Mystery Driver Container: a unique NFT that, once purchased and opened, will reveal one of the 33 talented NTT INDYCAR SERIES drivers competing in the 106thIndianapolis 500.

Each driver will have 33 mystery containers available with the contents only revealed to purchasers on Friday, May 27 ahead of Indy 500 Race Weekend. Fans will be able to collect their favorite drivers ahead of the event.

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