Tier 1 blockchain developers Sui Network have announced a “multi-year partnership” with Formula 1 team Red Bull.
🤩Huge news: We’re officially teaming up with @redbullracing!
As the team’s Official Blockchain Partner, this multi-year partnership means that fans will have even more exciting ways to connect with Oracle Red Bull Racing. 🏎️ pic.twitter.com/7Gw8mbT3XH
— Sui (@SuiNetwork) June 1, 2023
“This exciting partnership leverages Sui’s cutting-edge technology and demonstrates how Web3 connects people,” said Greg Siorunis, Managing Director of the Sui Foundation.
According to the announcement, the partners will be working on the creation of games in the near future.
On May 3rd, Sui developers successfully launched the blockchain on the mainnet. On the same day, the Binance cryptocurrency exchange listed the native SUI token.
Mysten Labs, behind the project, later announced numerous partnerships with developer companies to launch Web3 games on the Sui Network.
Recall that in February 2022, the Red Bull team entered into a three-year sponsorship agreement with the Bybit bitcoin exchange.
In March 2023, the Kraken trading platform became the first official Web3 partner of Williams Racing.
Previously, the Formula 1 organization registered two trademarks related to digital assets, metaverses and NFTs.
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