A car with the Bitcoin logo will drive the Indianapolis 500 miles

A car and driver with the Bitcoin logo will compete against 32 others in the Indianapolis 500 this month.

According to a post on Zap CEO’s blog, Jack Mallers, the American pilot Ed Carpenter heads “Engineering Beast with Bitcoin and Orange Spots” who will compete in the Indy 500 30th May. Carpenter, who became a bitcoiner last year, reportedly gave up all traditional sponsorships to drive the number 21 bitcoin car (BTC) in the race.

“I don’t want to run for fries or beer this year,” Carpenter said. “I’ve worked my whole life to run the Indy 500 and I’ve earned the platform I have and this year I want to find a way to integrate bitcoin.”

Source: Jack Mallers
A car with the Bitcoin logo will drive the Indianapolis 500 miles
A car with the Bitcoin logo will drive the Indianapolis 500 miles

Mallers and the racing driver continue to collect donations from cryptocurrency enthusiasts and They plan to use 70% of all proceeds to fund the open source development of Bitcoin, the rest to fund the Bitcoin car and charities in Indianapolis. Ross Stevens, executive president of New York Digital Investment Group, would have helped USD 250,000, Mallers USD 25,000 and their application of payments and transfers Strike USD 100,000 more. Other prominent contributors are Anthony “Pomp” Pompliano, the star of the NFL Russell okung Y. Peter McCormack, Podcast host What bitcoin did.

“This is not Strike’s car, Coinbase’s car, Kraken’s car […] this is the bitcoin car “, Mallers said. “In a world of potato chips and energy drink sponsors, Ed chose human freedom, financial literacy, financial inclusion, savings technology, and the open source development of Bitcoin.”

Cryptocurrencies have already participated in car races. Last year, a Cash App sponsored car driven by Darrell “Bubba” Wallace sported the iconic BTC logo on NASCAR’s biggest racing series. In addition, Crypto.com has partnered with Aston Martin to sponsor the automaker’s Formula 1 team.

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