Scuderia AlphaTauri Signs Blockchain Platform Fantom As Team Partner
By Taruka Srivastav | May 14, 2021
Scuderia AlphaTauri has signed Fantom – a leading smart contract platform – as an Official Team Partner, ahead of the iconic Monaco Grand Prix next week.
Fantom is a global blockchain platform designed for instant transactions with low costs and is revolutionising the user experience. Setting the groundwork for a digital financial system, Fantom focusses heavily on eco-friendly technology and has dramatically reduced the energy consumed in the blockchain process. Holding a similar high-tech driven philosophy to Motorsport that regularly disseminates its innovation into the real-world, Fantom also sees real-life applications of its platform in industries such as pharmaceuticals and education.
This partnership will allow Fantom to utilise the team’s established platform to continue its staggering growth on a global scale, with the logo visible on the top of the halo of the AT02 at both the Monaco and Abu Dhabi Grands Prix. Furthermore, our racing driver Pierre Gasly will continue his Brand Ambassador role with Fantom, displaying the logo on his cap throughout the season.
“This is another great partnership for Scuderia AlphaTauri and I’m happy to welcome Fantom on-board.” commented Franz Tost, Scuderia AlphaTauri Team Principal. “As a team working at the pinnacle of motorsport, we’re always interested in new, innovative technologies and Fantom shares with us a constant hunger for success, which put them at the forefront of the blockchain industry, while operating sustainably. We are pleased to support their continuing growth on a global scale and I look forward to seeing the Fantom logo displayed on our cars as we race through the streets of Monaco.”
Harry Yeh, Quantum Fintech Group Managing Director said: “We are extremely excited about this partnership. Fantom’s technology is incredibly fast but at the same time it is following a green and eco-friendly approach, which aligns perfectly with the Scuderia AlphaTauri F1 team and with the ambitious sustainability strategy of the sport. I haven’t been this bullish about a tech start-up investment as I am with Fantom. We want to continue to attract even more people globally to the platform through this partnership.”