CRYPTO FORMULA, a membership NFT project for racing fans, signed an MOU with the G.rilla project.
G.rilla is working on a project with the goal of reaching the peak of the K-culture industry by utilizing its unique feature, which is distinct from MetaKongz.
Through this MOU, the two companies agreed to cooperate in production of goods and collaboration in marketing. In addition, there will be an ABB FIA Formula E Championship E-PRIX 2022 ticket airdrop event, in Jamsil, Seoul, for 10 or more G.rilla holders.
Formula E is an electric car racing competition hosted by the International Automobile Federation (FIA), and is a global racing competition that has been held every season since the first competition was held in Beijing, China, in September 2014. Formula E was designed to solve issues such as noise and greenhouse gas emissions raised in F1. Since Formula E is an eco-friendly racing competition, it is characterized by being able to race in the city center rather than on a separate circuit. The competition has already been held in world-class cities such as Beijing, New York, London, Paris, and Hong Kong, and this time, it will be held in Seoul.
Crypto Formula is a Biverse Membership NFT project designed to cross the universe and metaverse rewards based on the racing fandom market. As metaverse-linked benefits, crypto mining, airdrop, governance participation, and DeFi are planned to be designed in the future. As the universe-linked benefits, various benefits such as ticket discounts for various racing competitions including the E-PRIX competition held regularly every year will be given.
The first sales of Crypto Formula NFT is being held at Yeouido The Hyundai from July 1 to 10 along with an offline exhibition.
The Crypto Formula project is run by TriumphX, which has an unrivaled position in the NFT and metaverse industry, and is in charge of planning, development, and marketing operations in the blockchain.