DUBAI, UNITED ARAB EMIRATES – 22 September 2023 – Bybit, the world’s third most visited crypto exchange, have released their second digital art drop as part of their partnership with Oracle Red Bull Racing. The limited-edition collection of 200 NFTs were sold via Dutch auction on Sept. 20, and sold out within one hour for a total of 74.5 ETH ($168,434).
The collection: “Pursuit” by Per Kristian Stoveland, launched in conjunction with the Japan Grand Prix,and holders of the original Velocity Pass NFT had exclusive access to the auction. In the 24 hours since launch “Pursuit” has racked up over 106ETH ($113,433) in secondary sales. Sales of Per Kristian Stoveland’s open edition collection “Echo of Intensity” are ongoing on Bybit.
Per Kristian Stoveland, who designed the collection, is a generative artist hailing from Oslo, Norway. “Pursuit” is the second release as part of the Velocity Series, a revolutionary Web3 experience that brings together the talents of the world’s premier digital artists.
Drawing on his mastery of generative art and his innovative use of p5js, a creative coding framework, Per K’s collection encapsulates the raw power and velocity of Oracle Red Bull Racing’s RB19 race car. The collection is a symphony of light streaks that tear through desolate landscapes, igniting a captivating dance of dust. As part of the Velocity Series, “Pursuit” is curated in collaboration with AOI, a foundation for emerging art and technology.
“Bybit and Oracle Red Bull Racing are proud to pioneer the future of art and technology through the Velocity Series,” said Anndy Lian, head of partnerships at Bybit. “This collaboration transcends traditional boundaries, ushering in a new era where speed, creativity, and digital art harmoniously intersect.”
The Velocity Series showcases the intersection of cutting-edge innovation and creative expression, offering art enthusiasts, collectors, and racing fans the chance to engage with this fusion of art and racing data.
Hashtag: #Bybit #VelocitySeries #RedbullRacing #BlockchainArt
The issuer is solely responsible for the content of this announcement.
Bybit
Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
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Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.
