Snowfro Teams Up with Red Bull Racing to Release New NFT Collection
Erick Calderon, also known as Snowfro, a digital artist from Houston and the creator of Art Blocks and Chromie Squiggle NFT collections, has collaborated with the Formula One racing team Red Bull Racing to launch a new NFT collection. The collection is set to start minting on October 25th on the Bybit NFT marketplace.
Limited Edition NFTs
Snowfro and Red Bull Racing have created a limited edition of 2,000 NFTs on the ByBit NFT market platform. Out of these, 300 NFTs will be given away to Oracle Red Bull Racing fans during a racing event in Austin. The remaining 1,700 NFTs are available for online minting in two phases.
Phase One: Velocity Pass Holders
In the first phase, Velocity Pass NFT holders can each free mint one of the NFTs within one hour. A maximum of 1000 NFTs can be minted in this phase. Eligibility for free minting will be determined based on a snapshot taken before phase one begins.
Phase Two: Rebate Dutch Auction
In the second phase, all unminted digital collectibles will be sold in a rebate Dutch auction. Collectors will pay the price of the last sold NFT, and those who paid above the final price will receive a rebate after the sale.
The Journey of Snowfro and Red Bull Racing
This collaboration is not the first time Snowfro has partnered with Red Bull Racing. In July 2023, they launched the Velocity Series, a joint project focused on digital art. As part of this project, Snowfro and Bybit organized the Snowfro Remix Competition, where users could win free NFTs and a Velocity Pass to participate in an upcoming NFT drop on Artonblockchain.
Hot Take: Snowfro and Red Bull Racing Bring NFTs to the Racing World
Erick Calderon, known as Snowfro, has joined forces with Red Bull Racing to introduce a new NFT collection. This collaboration allows fans of Red Bull Racing to engage with digital art and own limited edition NFTs. With the launch of this collection on the Bybit NFT marketplace, Snowfro continues to push the boundaries of digital creativity and expand the reach of NFTs beyond traditional art spaces. The partnership between Snowfro and Red Bull Racing demonstrates the growing influence of NFTs in the sports industry, opening up new opportunities for fan engagement and monetization. Get ready to explore the intersection of art and racing through this exciting NFT collection.