Formula 1 is entering the crypto world and now it is the turn of the McLaren team.
The team showed the brand of the crypto and blockchain technology company Bitci on their racing cars.
McLaren announced Bitci's sponsorship on March 24 of this year in two posts on its web page.
Bitci's sponsorship will not be restricted only to the McLaren Formula 1 team.
It will also stamp the race cars of all modalities of automotive competitions of the company.
The F1 team Aston Martin had previously presented sponsorship and disclosed partnership with Crypto.com.
And recently, the Formula 1 auto racing company or manager itself announced a partnership with Socios.com, a company that produces “utility” tokens.
McLaren's sponsor, Bitci, is a Turkish company that offers a wide range of crypto services.
In addition to sponsoring the McLaren team, she is also a sponsor of the football teams Rangers (Scotland), Real Betis (Spain), and Turkish teams Kar Spiyaka Ske, and Skisehierpos Turkey.
It also sponsors the national men's and women's basketball teams in Turkey.
Bitci is a cryptography company that offers exchange services on a spot platform, but mainly in OTC.
In addition to sponsoring the aforementioned teams, it also offers the production and sale of fan tokens through decentralized applications.
Through its Bitci Chain, its users can create smart contracts through BitciDapps, produce exclusive NFT tokens, participate in the BitciLoyalty loyalty program, and participate in a supply chain, BitciSupply.
BitCi also has its own token, Bitcicoin, which can be used to sell fan tokens from the aforementioned teams.
The company has a whole structure to connect the fans of the sponsored teams through an interaction system that can even generate special online events.
Finally, it also has a payment platform, BitciPay, which already handles payment issues at several private institutions in Turkey.
