Torque Squad ready for Indy 500

Two-time Indy 500 winner and Torque Squad Ambassador Juan Pablo Montoya will once again compete in the famous race at Indianapolis for Arrow McLaren SP, with a custom, bespoke NFT made to mark the seven-time Formula 1 Grand Prix winner’s attempt at a third Indianapolis crown.

Since the launch of Torque Squad’s NFT collection powered by Motorverse, a subsidiary of Animoca Brands, sales have performed strongly. So far, more than 5,900 Torqies have been sold as the organisation successfully surpassed the 50% milestone in the first month since its launch.

Last month, Motorverse announced the launch of Torque Squad – a collection of 8,888 racing avatar NFTs called “Torqies”. Torqie NFTs are generated with individually styled details and intricate hand-drawn artwork to delight motorsport enthusiasts.

Ownership of a Torqie provides entry to the Motorverse ecosystem. The Motorverse is integrated with REVV Motorsport and is adopting the REVV Token as its ecosystem utility token. Additionally, various REVV ecosystem NFTs will be supported in several of the upcoming Motorverse experiences.

More than just images or profile pictures (PFPs), Torqies offer true utility across multiple areas in both the real and virtual worlds. Last month, 20 lucky members of the Motorverse were able to attend Australia’s first F1 race in three years in Melbourne last month – all through attaining access to the Motorverse via Torqie NFTs.

Intertwined with these virtual and real-world experiences will also be the Torque Squad Ambassadors. The Torque Squad project has partnered with numerous top racers from across the world of motorsport, including Montoya and his son Sebastian, Joey Logano, Brad Binder, and Rene Rast.

Ten spots have been raffled to Torqie holders to attend the 106th running of the Indy 500. The experience will include catered hospitality at the Arrow McLaren SP Tower Terrace Suite, a private pit garage tour with photo op, and dinner with Montoya, as well as a private AMA session for Torque Squad holders.

Montoya is one of just three drivers to win races in Indy Car, Formula One and NASCAR. This weekend marks his sixth year back in the Indy Car series as he bids for his third first place finish in the event.

Juan Pablo Montoya commented: “I am really excited to be part of the Motorverse and Torque Squad crew – I think it is awesome.

“I think it is at the forefront of this environment, especially with Web3 coming, and I think it is amazing. The future of everything is here and it is exciting to be involved with this and what is coming up next.”

Motorverse Co-Founder and CEO Matt Solomon added: “More people than ever are entering the space and understanding what NFTs can do outside of being just an image. Inversely crypto is entering the world of motorsport, with Crypto.com’s sponsorship of F1 providing a strong example of this transition.

“It’s been amazing to see the Torque Squad also bridging the gap between the NFT/crypto world and the real world. Working with Juan Pablo Montoya at the Indy 500 is just the next step in bringing Torqies closer to the action, through more events, gaming and the open metaverse.”

More details on Motorverse activity are available online, with a new website coming soon: https://www.torquesquad.io.