<strong>Binance Partners With Virtuzone, Formula One Enters The Metaverse, Snoop Dogg and Eminem BAYC Performance</strong>

Binance Partners With Virtuzone

Binance has partnered with Virtuzone, an EU business formation company, to advance cryptocurrency adoption. Virtuzone will be the first company in the EU to accept cryptocurrency as a form of payment for business setup through Binance Pay. 

“As UAE’s no. 1 company formation specialist, #Virtuzone takes the lead by becoming the first corporate services provider in the country to form a strategic partnership with @binance & accept #crypto payments via #Binance Pay,” posted Virtuzone on Twitter. 

Virtuzone also aims to reduce the barriers for entrepreneurs to start businesses in the EU. In addition, the company seeks to create opportunities for global companies to tap into the country’s growing startup community. 

Formula One Enters The Metaverse

Formula One, the highest class of automobile racing, has filed two trademarks for NFTs and cryptocurrency. The company filed them for the Las Vegas Grand Prix event, scheduled for November 23rd. The filing reveals that F1 intends to offer virtual clothing, sports gear, and other accessories. In addition, the organization plans to offer cryptocurrency trading and carbon offset products. 

“Formula One has filed 2 trademarks for LAS VEGAS STRIP CIRCUIT claiming plans for NFTs, Cryptocurrency, Insurance + financial services, Virtual clothing + sports gear, Currency trading + Virtual currency services...and more!” posted Mike Kondous, a USPTO licensed trademark attorney, on Twitter.   

The Las Vegas Strip Circuit NFT initiative will go live in November, ahead of the Las Vegas Grand Prix. The competition will be one of the few events done at night. The cars will travel through the famed resort city with no curves allowing drivers to achieve the highest speeds.

Snoop Dogg and Eminem BAYC Performance

U.S rappers, Eminem and Snoop Dogg performed at the MTV Video Music Awards 2022, featuring their Bored Ape Yacht Club (BAYC) NFT avatars. The musicians performed their single “From the D 2 the LBC” hit single on stage in front of a packed audience. The BAYC avatars were displayed on a big screen and featured sneak pics of the Otherside metaverse. 

Snoop Dogg is an avid NFT investor - the rapper owns $17 million worth of NFTs. Eminem is also a collector - he has 166 NFTs from 32 different collections, according to DappRadar.