{"id":10955,"date":"2022-05-20T06:00:09","date_gmt":"2022-05-20T06:00:09","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/"},"modified":"2022-05-20T06:00:12","modified_gmt":"2022-05-20T06:00:12","slug":"a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/","title":{"rendered":"A Teen Race Driver is Using NFTs to Achieve her F1 Dream"},"content":{"rendered":"<div>\n<p class=\"\">Bianca Bustamante is a 17-year-old Filipina racer who is using NFTs to achieve her dreams and make history. In March, <meta charset=\"utf-8\">Bustamante secured a coveted spot on W Series\u2019 Academy team where she\u2019ll compete in eight\u00a0FIA Formula 1 World Championship\u00a0support races. She will be the first Filipina racer to drive in the all-women championship. <\/p>\n<p>This achievement brings <meta charset=\"utf-8\"><meta charset=\"utf-8\">Bustamante even closer to her goal of becoming a Formula 1 driver. However, it also comes with challenges \u2014 i.e. affording the costs associated with training and even basic needs. <\/p>\n<p>Enter the <meta charset=\"utf-8\">Dark Horse NFT project. <meta charset=\"utf-8\">Bustamante launched the NFT Access Pass to secure funding for her rapidly-progressing motorsports career, as well as provide her fans with an exclusive look at exactly how she\u2019s working towards her F1 dream.<\/p>\n<h2 id=\"h-an-exclusive-look-behind-the-wheel\">An exclusive look behind the wheel<\/h2>\n<p>The Dark Horse project is described as a \u201cnew take on the traditional talent agency and early sponsorship functions \u2013 reimagined through blockchain technology.\u201d<\/p>\n<p>Anyone interested in supporting the project is promised, as per Dark Horse\u2019s roadmap, access to behind-the-scenes content, community interaction with <meta charset=\"utf-8\">Bustamante, merch, and much more. <\/p>\n<p><meta charset=\"utf-8\">Bustamante is particularly excited about how this project will bring her closer to her community. In a press release, she says, \u201cThe Dark Horse is a great opportunity for me to embrace new technology to create a sustainable platform aimed at giving back to those who believe in me. What I\u2019m most excited about are the cool, fun ways in which I can directly interact with my fans. In return for their support, I will work hard to become the best driver in the world and, along with my team, deliver unique content and insights into my life and the motorsport world.\u201d<\/p>\n<p>In the future, NFTs collections like <meta charset=\"utf-8\">Bustamante\u2019s could serve a similar role on the collector\u2019s market to athlete trading cards \u2014 a possibility the NBA has already caught on to. This new revenue stream for budding athletes could also play nicely with a recent ruling that has finally granted NCAA athletes the right to accept sponsorship deals.<\/p>\n<h2 id=\"h-a-lack-of-color\">A lack of color<\/h2>\n<p>As lucrative a career as a professional athlete may seem, sports like professional racing require a significant financial investment on the athlete\u2019s end \u2013 on top of a brutal training schedule \u2013 before they even get the chance to go pro. A confluence of factors such as this has led to a startling lack of diversity in professional racing, with the Formula One World Championship \u2013 the sport\u2019s most prestigious tournament \u2013 being emblematic of this unfortunate truth.<\/p>\n<p>Across the event\u2019s 70-plus years of history, it has featured a startingly homogeneous spread of participants: of the 900 drivers that have participated in at least one F1 tournament run, an overwhelming majority of them have been men of Caucasian descent. For instance, only a handful of Asian drivers have competed in the tournament, despite how countries like Japan have fostered multiple generations of motorsports enthusiasts. They invented drifting, for crying out loud!<\/p>\n<p>Other ethnicities have also had extremely limited representation in the tournament. In fact, the tournament didn\u2019t see <em>any <\/em>black racers until Lewis Hamilton participated in his first F1 tournament in 2007. Women have been an even rarer sight at the highest levels of competitive racing. The last time we saw a woman compete in the tournament was in 1976 when Lella Lombardi made her second \u2013 and final \u2013 appearance.<\/p>\n<p>Unfortunately, the NFT and crypto space also parallels this lack of diversity. As of 2022, upwards of 70 percent of the world\u2019s cryptocurrency accounts are held by men, with 62 percent of that total being white men, according to a report from\u00a0<em>Morning Consult<\/em>. This is one of the reasons that Bustamante\u2019s initiative is just as important to the NFT space as it is to racing. Representation of women and people of color in both communities will only help to further break down barriers to entry ensure everyone has equal opportunities to participate. <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bianca Bustamante is a 17-year-old Filipina racer who is using NFTs to achieve her dreams and make history. In March, Bustamante secured a coveted spot on W Series\u2019 Academy team where she\u2019ll compete in eight\u00a0FIA Formula 1 World Championship\u00a0support races. She will be the first Filipina racer to drive in the all-women championship. This achievement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-10955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Teen Race Driver is Using NFTs to Achieve her F1 Dream | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Teen Race Driver is Using NFTs to Achieve her F1 Dream | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Bianca Bustamante is a 17-year-old Filipina racer who is using NFTs to achieve her dreams and make history. In March, Bustamante secured a coveted spot on W Series\u2019 Academy team where she\u2019ll compete in eight\u00a0FIA Formula 1 World Championship\u00a0support races. She will be the first Filipina racer to drive in the all-women championship. This achievement [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/\" \/>\n<meta property=\"og:site_name\" content=\"NFT &amp; Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-20T06:00:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-20T06:00:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/05\/pexels-chris-peeters-12795.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1159\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792\"},\"headline\":\"A Teen Race Driver is Using NFTs to Achieve her F1 Dream\",\"datePublished\":\"2022-05-20T06:00:09+00:00\",\"dateModified\":\"2022-05-20T06:00:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/\"},\"wordCount\":667,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/05\/pexels-chris-peeters-12795.jpg\",\"articleSection\":[\"NFT\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/\",\"url\":\"https:\/\/nftandcrypto-news.com\/nft\/a-teen-race-driver-is-using-nfts-to-achieve-her-f1-dream\/\",\"name\":\"A Teen Race Driver is Using NFTs to Achieve her F1 Dream | NFT &amp; 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