$87,902.00
-0.32%$2,067.49
-0.92%$2.45
-0.61%$630.78
-0.78%$144.03
1.60%$0.999891
0.00%$0.191542
2.99%$0.747875
1.43%$0.228289
-0.23%$2,066.02
-0.89%$87,662.00
-0.48%$15.48
1.96%$23.09
8.02%$9.78
0.13%$0.292022
0.01%$3.59
-2.89%$2,474.79
-1.00%$0.999893
-0.03%$0.195004
0.07%$0.00001392
2.34%$2.45
1.70%$4.66
-0.49%$93.52
-1.70%$6.80
-1.02%$336.36
0.81%$4.95
1.19%$0.864688
-7.99%$2,065.09
-1.05%$0.999391
-0.05%$16.08
-5.38%$1.00
-0.02%$2,195.49
-1.05%$29.26
-0.33%$6.95
-2.41%$219.90
0.36%$3.03
3.65%$5.93
-0.30%$0.00000808
0.60%$1.044
0.08%$1.16
-0.04%$50.74
-0.68%$6.19
2.21%$23.95
0.11%$0.926875
3.25%$0.842677
0.37%$186.96
-2.73%$35.27
0.21%$87,820.00
-0.39%$18.48
0.58%$0.995294
-0.34%$11.59
-2.69%$0.02675809
0.79%$268.52
-1.01%$0.103129
12.11%$0.417955
2.56%$4.85
-2.03%$3.68
0.43%$4.07
7.11%$3.14
0.21%$0.077575
-2.30%$0.228382
3.38%$1.00
0.00%$0.610841
1.38%$87,766.00
-0.20%$0.392808
-0.01%$0.212019
3.26%$4.02
0.01%$6.13
-4.72%$0.998553
-0.04%$0.563335
-1.26%$0.910245
0.12%$0.563382
2.13%$11.32
-0.35%$87,720.00
-0.22%$0.54807
25.11%$0.728417
14.19%$2,067.22
-1.04%$2,147.28
-1.09%$0.074849
-0.69%$1.16
-0.28%$78.58
-1.72%$150.22
1.50%$0.93472
2.09%$1,280.64
0.10%$0.00001394
-1.62%$0.700295
1.39%$10.74
1.78%$2,337.37
-1.02%$0.207666
2.13%$0.999481
-0.07%$0.105427
2.60%$17.40
0.18%$0.985675
-0.21%$0.997855
-0.00%$1.058
-1.59%$0.01444226
-1.84%$8.16
2.43%$0.574441
-0.43%$86,690.00
-1.00%$1.00
-0.00%$0.01870941
2.57%$2,193.33
-0.96%$0.999803
-0.03%$630.64
-0.78%$2.60
-1.02%$0.729792
1.35%$0.308089
2.36%$1.00
-0.02%$3,033.73
0.24%$2.42
6.84%$0.202014
5.53%$87,590.00
-0.43%$183.85
1.23%$0.00000071
0.44%$35.27
0.35%$0.429047
0.27%$0.503394
-1.40%$3,028.48
0.45%$0.00006767
-0.98%$0.00108374
-21.80%$0.109069
-1.18%$2,149.67
-1.02%$0.174585
3.03%$1.001
0.06%$0.01264762
-0.69%$3.38
0.44%$157.67
1.63%$0.00649493
0.33%$17.91
0.25%$36.89
14.27%$0.632233
1.68%$0.585733
1.36%$3.57
0.99%$8.22
8.23%$1.96
0.79%$8.00
-2.49%$0.999546
-0.01%$19.89
2.74%$0.732542
1.64%$0.548904
-1.22%$0.999794
0.02%$0.281873
0.20%$0.805196
-0.67%$0.480353
-3.57%$0.07394
0.20%$0.812849
0.38%$7.63
3.08%$85,874.00
0.70%$0.999764
0.04%$0.180272
0.74%$2,192.89
-0.94%$0.190964
2.61%$0.00918494
7.52%$0.094487
1.57%$2,067.94
-0.91%$2.93
2.94%$0.999925
-0.01%$0.04835515
0.56%$0.565487
0.98%$87,839.00
-0.23%$0.00002277
1.45%$0.450546
-2.46%$2,065.61
-1.02%$0.00703095
0.81%$1.26
-1.71%$0.00784298
11.73%$86,320.00
-2.56%$26.16
3.54%$1.56
3.24%$0.533181
-0.99%$0.00000043
-1.39%$2,064.93
-1.08%$0.00000205
14.51%$110.45
0.01%$0.435945
3.24%$0.99972
-0.06%$1.081
-0.05%$0.228576
3.54%$44.42
-0.38%$2,153.49
-1.25%$87,697.00
-0.34%$1.097
0.56%$0.921789
0.97%$0.189778
-0.39%$0.01135583
-0.95%$2,062.81
-1.18%$0.03750085
1.97%$2,082.73
-1.76%$0.00006625
1.14%$87,325.00
-0.21%$0.0042131
-1.07%$1.43
-2.31%$0.999118
-0.03%$0.282441
1.72%$1.45
3.10%$131.49
-1.10%$0.291215
0.57%$1.001
0.17%$1.37
-0.66%$2,049.22
-1.05%$2.93
1.52%$1.002
-0.13%$0.999981
-0.01%$4.00
-0.17%$0.92433
0.66%$2,067.49
-0.90%$0.00047319
60.83%$0.03079515
-0.50%$0.302826
20.05%$3.14
4.29%$0.216076
-0.13%$18.29
-0.24%$0.080794
-1.41%$1.41
23.26%$2,260.27
-0.89%$24.16
0.84%$0.10063
-4.16%$2,182.16
-0.92%$0.290606
0.70%$1.18
-0.14%$87,273.00
0.41%$87,852.00
-0.22%$0.644697
0.67%$0.03541798
0.86%$0.27733
0.64%$0.0401734
-0.72%$0.00266938
1.85%$2,241.11
-1.05%$0.119352
0.47%$0.00361647
4.46%$0.532782
-1.83%$0.03489122
2.45%$2,063.00
-0.14%$0.00000012
-14.06%$0.01319058
1.82%$0.00550827
1.00%$0.459089
1.56%$3,021.17
0.29%$0.00282885
5.79%$0.122118
0.74%$1,765.25
-0.32%$0.732215
1.82%$0.546976
6.25%$1.00
-0.01%$0.634403
-1.76%$0.245555
6.00%$0.28318
-2.57%$0.159043
2.08%Reading
Formula 1 team McLaren Racing will partner with Tezos to launch a range of non-fungible tokens (NFTs) celebrating the team's heritage. As part of the partnership, the blockchain's logo will also be featured across the team's vehicles and race suits.
According to an announcement, Tezos will become McLaren Racing's Official Technical Partner in a "multi-year partnership" across Formula 1, Indycar, and esports, with a view to creating an NFT platform "with fan experience at its heart", drawing on its racing heritage and historical driver line-ups.
The partnership will also see the Tezos brand emblazoned on the race suits of F1 drivers Lando Norris and Daniel Riccardo, as well as AMSP drivers Pato O’Ward and Felix Rosenqvist. Tezos will also become a presenting partner for the McLaren Shadow esports team.
We are excited to welcome @Tezos, the world’s most advanced blockchain, as our Official Technical Partner. 🤝
McLaren will use the energy efficient and upgradeable Tezos network to create a series of non-fungible tokens (NFT) across F1, INDYCAR and esports.
— McLaren (@McLarenF1) June 17, 2021
In a press release accompanying the announcement, Lindsey Eckhouse, director of licensing, ecommerce and esports at McLaren Racing, described the partnership as "an innovative step in an exciting and rapidly developing industry," adding that it will enable fans to own key pieces of the team.
NFTs are cryptographically unique tokens that can be linked to digital content such as artwork, or real-world objects. The sports industry has been an early adopter of NFTs, with the likes of fantasy soccer game Sorare and basketball collectible series NBA Top Shot emerging as major NFT platforms.
Formula 1 itself has inked a deal with Animoca Brands, with a virtual race track NFT from its F1 Delta Time game selling for nearly a quarter of a million dollars last year. And McLaren isn't the first F1 team to partner with Tezos; last month, Red Bull Racing Honda announced a similar technical partnership with the blockchain platform. A car featuring a Tezos logo won the Grand Prix in Azerbaijan earlier this month.
Mining cryptocurrency such as Bitcoin is an energy-intensive business. But it doesn’t have to be. Bitcoin, and other cryptocurrencies such as Dogecoin and Litecoin, secure their networks using the proof-of-work (PoW) consensus mechanism. An alternative consensus mechanism used by cryptocurrencies such as Ethereum is called proof-of-stake (PoS), which radically reduces the blockchain’s carbon footprint. In this article we’ll explore what consensus mechanisms are, and how proof-of-stake differs fr...
McLaren Racing also lauded Tezos' sustainability and energy efficiency, claiming that its proof of stake consensus mechanism uses "two million times less energy" than the proof of work system employed by blockchains such as Ethereum.
With NFTs' energy consumption and carbon footprint coming under increasing scrutiny, brands are taking a variety of different approaches to addressing the issue; while some are building on proof of stake blockchains, others are using carbon offsets to minimize their environmental impact.
Napster, the brand that once sent the music industry into panic mode but then faded, was just acquired for $207 million. Infinite Reality is buying the streaming service to transform it into a platform where fans can hang out in virtual spaces, attend concerts, and buy merch directly from artists, the virtual reality startup announced. The deal is also the highest price tag yet for Napster, which has circulatedamong half a dozen companies, including Rovio to Algorand, since its controversial fil...
GameStop may be credited as the first meme stock, but the video game retailer's CEO seems to be hinting that the company could soon embrace Bitcoin. The company is set to report Q4 earnings when the market closes at 4 p.m. Eastern Time on Tuesday. Analysts expect the Texas-based firm to disclose an earnings per share mark of $0.08, based on two analyst ratings compiled by FactSet. Last month, GameStop received a proposal from Strive Asset Management recommending the video game retailer become a...
Circle Internet Financial, the Boston-headquartered U.S. firm behind the USDC stablecoin, is deepening its ties to Japan’s burgeoning digital assets market. Japanese SBI VC Trade, a crypto exchange operating as a subsidiary of SBI Holdings, a major internet-based financial conglomerate in the country, is expected to play a key role in Circle's commitments in Japan. After receiving regulatory approval earlier this month, SBI VC Trade now plans to leverage USDC in Japan, marking the first token of...
