There is news from Toyota Gazoo Racing’s North American racing series, the Toyota GR Cup. Accordingly, the altcoin will now issue digital trophies on the Polygon blockchain. It will also record driver performances. The new on-chain rewards system will include digital trophies for podium finishers. It will also provide a permanent digital record that drivers can share with their fans of their achievements. The aim is to increase fan engagement and introduce racing fans to Toyota’s partners. Let’s look at the details.
Altcoin Polygon selected
The Toyota GR Cup will award race winners digital trophies on the altcoin Polygon blockchain. Toyota continues its ongoing research to integrate blockchain technology into its corporate and developmental ecosystems. According to a press release, the dimensions of the new ten chain reward system are featured. Accordingly, it will include digital trophies for those who finish the podium (drivers who finish first, second or third in a race). The ledger entries will also contain statistics on the race and the driver’s performance.
Jack Irving, commercial director of Toyota Racing Development (TRD), makes a statement about the altcoin choice. Accordingly, the purpose of the program is to transfer the success of the drivers to the blockchain. Also ensuring that fans can interact with them.
Toyota’s Gazoo Racing league
Toyota’s Gazoo Racing league and GR Cup are designed as a series of fan events. Much like the gameplay in many of today’s most popular racing video games, all real-world GR Cup drivers start with a stock vehicle (in this case, a Toyota GR86) with options only available at the factory. Altcoin selection is valuable for MATIC.
The driver’s vehicle is then sent to a TRD garage. The term “gazoo” means “garage”. Here he is equipped with official Toyota racing equipment. In this way, when the race starts, the drivers have equal conditions, because their equipment is standardized at all stages. Toyota has been in the blockchain space since 2016, the year it joined the R3 Consortium in a partnership to research and develop blockchain technologies. The company later founded the Toyota Blockchain Lab in 2019. Now, the choice of altcoin MATIC is on the agenda.
Will the NFT collection come?
It’s unclear whether fans will be able to interact directly with the digital mugs. It also remains unclear at this time whether the company plans to print any digital collectibles. In such a case, it is possible to continue with the altcoin MATIC.
According to the press release, drivers will have “quick and easy” access to their previous achievements before and after the events. Looking at Kriptokoin.com, the next races of the series will take place at the Big Machine Music City Grand Prix in Nashville, Tennessee between August 4-6.
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