{"id":20480,"date":"2022-02-16T10:00:00","date_gmt":"2022-02-16T10:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/02\/16\/oracle-red-bull-racing-trades-up-to-the-next-level-as-bybit-joins-the-charge\/"},"modified":"2022-02-16T10:00:00","modified_gmt":"2022-02-16T10:00:00","slug":"oracle-red-bull-racing-trades-up-to-the-next-level-as-bybit-joins-the-charge","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/02\/16\/oracle-red-bull-racing-trades-up-to-the-next-level-as-bybit-joins-the-charge\/","title":{"rendered":"Oracle Red Bull Racing Trades Up to the Next Level as Bybit Joins the Charge"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<ul>\n<li>Cutting-edge<br \/>\ncryptocurrency exchange Bybit joins the charge as Principal Team Partner.<\/li>\n<li><span style=\"font-size: 1rem\">Multi-year agreement<br \/>\ninstalls Bybit as the Team&#8217;s top tier ally behind Title Partner Oracle.<\/span><\/li>\n<li>This deal marks the<br \/>\nlargest <i>per annum<\/i> deal of crypto&#8217;s<br \/>\nforay into sports to date.<\/li>\n<li>Collaboration includes<br \/>\nfan engagement programmes through digital assets and positive change agenda.<\/li>\n<\/ul>\n<p>MILTON KEYNES, UK &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media<br \/>\nOutReach<\/a>\u00a0&#8211; 16 February 2022 &#8211;\u00a0Oracle Red Bull Racing is<br \/>\ndelighted to announce a partnership with leading cryptocurrency exchange Bybit,<br \/>\nbringing the power of the digital economy to the Team, in a multi-year<br \/>\nagreement that will see Bybit take on the role of Principal Team Partner. <\/p>\n<p style=\"text-align: center\"><img width=\"500\" data-src=\"https:\/\/images.media-outreach.com\/Thumb\/500x0\/220559\/Image-1-.jpeg#image-220559\" class=\"lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"\/><\/p>\n<p><noscript><img src=\"https:\/\/images.media-outreach.com\/Thumb\/500x0\/220559\/Image-1-.jpeg#image-220559\" width=\"500\"\/><\/noscript><\/p>\n<p>\u00a0<\/p>\n<p>Established in March 2018, the cryptocurrency exchange has<br \/>\ngrown exponentially and now boasts more than six million registered users<br \/>\nworldwide. As part of the new agreement, Bybit will also join the charge as<br \/>\nOracle Red Bull Racing&#8217;s exclusive Cryptocurrency Exchange Partner. <\/p>\n<p>\u00a0<\/p>\n<p>The collaboration will also expand Oracle Red Bull<br \/>\nRacing&#8217;s mission to grow fan engagement, with Bybit taking on the role of Fan<br \/>\nToken Issuance Partner and Tech Incubator Partner. This will see the<br \/>\ncryptocurrency exchange not only support the Team with the distribution of its<br \/>\ngrowing digital asset collections but also see Bybit and Oracle Red Bull Racing<br \/>\nengage with promoting STEM careers and introducing coding to new audiences.<br \/>\nBybit&#8217;s core ethos is to support the Next Level of innovation, talent, and technology<br \/>\ndevelopment \u2013 which aligns with Oracle Red Bull Racing&#8217;s own ambitions as the<br \/>\nTeam develops and expands their Red Bull Technology Campus in Milton Keynes. <\/p>\n<p>\u00a0<\/p>\n<p>The partnership fee will be paid in a combination of cash<br \/>\nand BIT, BitDAO&#8217;s native governance token. BitDAO is one of the world&#8217;s largest<br \/>\ndecentralized autonomous organizations (DAO) supporting builders of the<br \/>\ndecentralized economy, allowing BIT token holders to vote on proposals to<br \/>\nfoster technologies that present entirely new ways for people to work, engage,<br \/>\nand transact together. <\/p>\n<p>\u00a0<\/p>\n<p><b>Oracle Red Bull<br \/>\nRacing Team Principal and CEO Christian Horner<\/b> said: &#8220;I&#8217;m delighted to welcome Bybit to<br \/>\nthe team. It&#8217;s fitting too that as we enter a new generation of competition of<br \/>\nF1 in 2022, with an advanced and potentially game-changing new philosophy of<br \/>\ncars taking to the track, that Bybit also exists at the cutting edge of<br \/>\ntechnology. They share the Team&#8217;s passion to exist at the forefront of<br \/>\ntechnological innovation, to set the competitive pace and to disrupt the status<br \/>\nquo. Allied to that is Bybit&#8217;s commitment to enlivening the fan experience in<br \/>\nF1 through digital innovation. This is also a key mission for the Team and<br \/>\nBybit&#8217;s assistance will help us build a deeper more immersive and unique<br \/>\nconnection with the team for fans around the world.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p><b>Ben Zhou,<br \/>\nco-founder and CEO of Bybit<\/b> said: &#8220;Oracle Red Bull Racing&#8217;s relentless passion and<br \/>\ndauntless resilience inspires us. The team has changed the game in the same way<br \/>\nthat digital assets have changed the global financial system. As a young<br \/>\nexchange we connect with Oracle Red Bull Racing at the core of our values \u2014 age<br \/>\ndoesn&#8217;t matter, hierarchy is of no significance, and legacy is not what is<br \/>\npassed to you but what you make. Bull or bear, everyone has the opportunity to<br \/>\ntake financial freedom in their own hands at the dawn of the digital economy.<br \/>\nBybit has found our kindred spirit and the perfect harmony of speed, safety and<br \/>\nreliability is everything our users are looking for on our platform. A moment<br \/>\non the track is made possible by tireless work to perfect the chassis, the<br \/>\nengine, the craftsmanship, and by the racing drivers&#8217; relentless pursuit for<br \/>\nprecision and focus in an adrenaline-fuelled game.&#8221;<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/singapore\/2022\/02\/16\/120151\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cutting-edge cryptocurrency exchange Bybit joins the charge as Principal Team Partner. Multi-year agreement installs Bybit as the Team&#8217;s top tier ally behind Title Partner Oracle. This deal marks the largest per annum deal of crypto&#8217;s foray into sports to date. Collaboration includes fan engagement programmes through digital assets and positive change agenda. MILTON KEYNES, UK &hellip;<\/p>\n","protected":false},"author":1,"featured_media":20481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20480"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=20480"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/20481"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=20480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=20480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=20480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}