The developers of the first-layer blockchain Sui Network announced a ‘multi-year partnership’ with the Red Bull Formula One team.
?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 cutting-edge Sui technology and demonstrates how Web3 connects people,’ said Greg Siouranis, Managing Director of the Sui Foundation.
According to the announcement, the partners will soon work on creating games.
On May 3, the Sui developers conducted a successful launch of the blockchain on the mainnet. On the same day, the cryptocurrency exchange Binance listed the native token SUI.
Subsequently, Mysten Labs, the team behind the project, announced numerous partnerships with game developers to launch Web3 games on the Sui Network.
Earlier, the Red Bull team signed a three-year sponsorship agreement with the Bitcoin exchange Bybit.
In March 2023, the Kraken trading platform became the first official partner from the Web3 segment of Williams Racing.
Earlier, the Formula One organisation registered two trademarks related to digital assets, metaverses and NFT.