World Championship Air Race Officially Launches 2023-24 Race Series, and Announces Global Strategic Partnership with iSHANG and Coinstreet on NFTs and Web 3.0 Games

Air racing is one of the world’s most popular motorsports and has been accredited by the Fédération Aéronautique Internationale (FAI) as a World Championship sporting event since 2006 (“Air Race Sport”).

From December 8-11 at the International MotorXpo Hong Kong 2022, World Championship Air Race (WCAR) will officially launch the 2023-24 Race Series of air racing competition and showcase a real-size model of a World Championship Air Race Edge 540 race plane.

WCAR, iSHANG, and Coinstreet jointly announce a global strategic partnership to launch a limited edition “World Championship Air Race NFT”, “Air Race Championship Club”and to develop Web 3.0 Air Race Game.

HONG KONG, Nov. 29, 2022 /PRNewswire/ — Air racing is an aerial motorsport that demands a combination of speed, precision, and skill. It is one of the world’s most popular motorsports, after Formula 1 and Grand Prix Motorcycle Racing. World Championship Air Race (WCAR) will officially launch the “2023-24 Race Series” of air racing competition at the International MotorXpo Hong Kong 2022 (“IMXHK 2022”) and showcase a real-size model of a World Championship Air Race Edge 540 race plane.. At IMXHK 2022, World Championship Air Race and iSHANG Technology Limited (“iSHANG”) will also host a signing ceremony for collaboration on limited edition “World Championship Air Race 2023-24 Race Series NFT” which will start accepting pre-sale whitelists — https://ishang.com/drops/world-champ-air-race. 

 

World Championship Air Race announces global strategic partnership with Coinstreet and iSHANG on Web 3.0 games and different types of NFTs, such as Host-City NFT, Pilot NFT, NFT-membership that evolve around the World Championship Air Race intellectual property rights.

World Championship Air Race announces global strategic partnership with Coinstreet and iSHANG on Web 3.0 games and different types of NFTs, such as Host-City NFT, Pilot NFT, NFT-membership that evolve around the World Championship Air Race intellectual property rights.

Globally, World Championship Air Race announces strategic partnership with Coinstreet and iSHANG on Web 3.0 games and different types of NFTs, such as Host-City NFT, Pilot NFT, NFT-membership that evolve around the World Championship Air Race intellectual property rights.

 

Air Race Sport is the most advanced aerial challenge in existence, the event involves competitors navigating a challenging obstacle course within the fastest time. Pilots fly individually and complete tight turns through a slalom course consisting of pylons, known as “Air Gates.” Flying just meters from the ground, they race against the clock whilst reaching speeds of up to 370 km/h, requiring a combination of precision and skill unmatched in the world of aviation. Pilots must be in peak physical condition as they endure forces up to 10G while navigating the technical racetracks made up of air-filled pylons.

Air Race Sport was promoted by Red Bull since 2003 and accredited by the Fédération Aéronautique Internationale (FAI) in 2006.  Each racing series was comprised a number of air races held in major cities around the world. Since 2003, this international sport event has taken place in a total of 35 cities with 94 races completed, including some of the world’s most beautiful destinations such as the thriving Abu Dhabi (UAE), the picturesque Cannes (France), the vibrant seashore of Chiba (Japan), the beautiful Danube River in Budapest (Hungary), the charming Wiener Neustadt (Austria), and the iconic birthplaces of motorsports – Indianapolis (USA) and Fort Worth, Texas (USA). The races were broadcasted on TV in 186 regions around the world and attracted 280 million supporters worldwide. In May 2019 Red Bull announced ceasing Air Race Sport, and in Feb 2021 FAI announced a new promoter of the Air Race Sport, with the new name of — The World Championship Air Race (“WACR”).

 

World Championship Air Race to activate 2023-24 Race Series

 

WCAR is set to debut at the International MotorXpo Hong Kong 2022 held at AsiaWorld-Expo from December 8-11, 2022, and to officially activate publicity and promotional activities for its “2023-24 Race Series.” During IMXHK 2022, a real-size model of an Edge 540 race plane will be publicly showcased for the first time in Hong Kong. Not only will the audience have a close-up view of a race plane specialized for air racing, but they will also have a chance to get an amazing shot and share it with friends on social media.

 

The strategic partnership encompasses different types of NFTs and Web 3.0 games

 

WCAR also announces its global strategic partnership with Coinstreet and iSHANG. The trio will jointly launch the limited edition “World Championship Air Race 2023-24 Race Series NFT,” which will accept pre-sale whitelists at IMXHK 2022. The WCAR-iSHANG-Coinstreet partnership also encompasses future cooperation related to different types of NFTs, such as Host-City NFT, Pilot NFT, NFT-membership, and Web 3.0 games that evolve around the World Championship Air Race intellectual property rights.

 

Mr. C.P. Leung, Chairman of the World Championship Air Race, said, “Due to the global epidemic situation, the World Championship Air Race has been suspended for three years, and we are delighted to announce the relaunch of this once most popular flying sport event in 2023. We are working with teams in Asia, the Americas, the Middle East, Europe, and Oceania regions, and are in the final stages of discussions. We will soon be announcing all the cities for the 2023-24 Race Series.”

 

Mr. Michael Leung, Co-Founder and President of iSHANG said, “It is a pleasure to fully support iSHANG and World Championship Air Race, a traditional Tier 1 international sports event, adopting the latest NFT technology to create new value propositions for consumers and enhance customer experience. I also look forward to extending this exciting world-class event of extreme sports to many other cities in the near future.”

 

Mr. Samson Lee, founder and CEO of Coinstreet, commented, “Not only do we now have Web 3.0, but NFT has also developed from game-based items – 1.0 – to digital art – 2.0 – to now being a multi-purpose decentralized application that is adopted and used by brands, enterprises, financial institutions, public organizations, and governments – NFT 3.0. We fully support the strategic cooperation between the World Championship Air Race, iSHANG, and Coinstreet. We believe that the NFT 3.0 model can help bring World Championship Air Race to the metaverse and Web 3.0 space, expand new marketing opportunities and open up new target customer groups.”

 

A market report published by Verified Market Research (VMR) projects the NFT market value to reach USD 231 billion by 2030. VMR further predicts that the sector will grow at a compound annual growth rate of 33.7% over the next eight years. A key driver of demand for NFTs is their proliferation across multiple industries and walks of life, including music, films, and sports. The limited edition “World Championship Air Race 2023-24 Race Series NFT” aims to be a major phygital NFT project in the sport industry, to join the whitelist of, please visit – https://ishang.com/drops/world-champ-air-race.

 

About the Fédération Aéronautique Internationale (FAI)

 

FAI, the World Air Sports Federation, is the world’s governing body for air sports and for certifying world aviation and space records. FAI was founded in 1905 and is a non-governmental and non-profit making organization recognized by the International Olympic Committee (IOC). FAI’s activities include Aerobatics, Aeromodelling, Airships, Amateur-Built and Experimental Aircraft, Balloons, Drones, Gliding, Hang Gliding, Helicopters, Manpowered Flying, Microlights, Parachuting, Paragliding, Paramotors, Power Flying and all other Aeronautic activities and Space records. For more information about FAI, please visit www.fai.org

 

About World Championship Air Race (WCAR)

 

The World Championship Air Race (WCAR) is the new promoter of the world championship competition series of Air Race Sport that is currently accredited by the Fédération Aéronautique Internationale (FAI) as the only world championship air race sporting event.  Each World Championship Air Race series will comprise a number of air races to be held in major cities around the world. At each race city, the top eight places earn World Championship points. The air racer with the most points at the end of the Championship becomes The World Champion. The series will has two pilot categories: Master Class and Challenger Class. The Challenger Class is the entry-level class for pilots before they progress to the Master Class.  For more information about World Championship Air Race, please visit www.faiwcar.com

 

About iSHANG Technology Limited (iSHANG)

 

iSHANG is a member of Coinstreet, focusing on NFT and Web 3.0 business. iSHANG operates a B2B NaaS (NFT-as-a-Service) platform that provides enterprises with different types of NFT applications and vertical solutions. The iSHANG NaaS platform enables these businesses to launch tailored, brand-based NFT campaigns and incorporate NFT technology into their business processes and service offerings, while capturing Web 3.0 opportunities. iSHANG also operates a B2C NFT 3.0 marketplace that provides IP licensing, NFT creative design, minting, drops launchpad, and P2P trading platform. For more information about iSHANG, please visit –  www.ishang.com

 

About Coinstreet Holdings Limited (Coinstreet)

 

Founded in 2017, Coinstreet is an award-winning TechFin service and solution provider offering premium financial services firm for private wealth, and a professional advisory and consulting firm in Blockchain, Digital Asset, Defi, and FinTech sectors. Coinstreet’s vision is to use new alternative assets such as tokenized assets, digitized securities, and NFT (non-fungible tokens), collectively referred to as TADS (Tokenized Asset & Digitized Securities), to provide additional global fundraising means for high-quality companies and to provide professional investors to high-quality alternative investment opportunities. Coinstreet provides one-stop, end-to-end solutions for TADS structure design, and overall token product lifecycle management process. Up to now, Coinstreet has assisted and participated in more than 20 blockchain, digital asset, and FinTech projects in the international market. Recently, Coinstreet was awarded “Asia Futurist Leadership Award” and “London Security Tokens Realised Awards,” and has been approved for two projects in the “Digital Asset” and “Reg Tech” categories under the FinTech Proof-of-Concept Subsidy Scheme, organized by the Hong Kong Financial Services and the Treasury Bureau of Hong Kong. Coinstreet is also the co-organizer of the following two events: TADS Awards (www.TADSawards.org) – the world’s first international award for Tokenized Assets and Digitized Securities sector, and the Digital Asset Series (DAS, www.digitalassetseries.org) – a series of seminars that aim to provide free education for the general public about the ever-growing landscape of digital assets and facilitate mass adoption. For more information on Coinstreet, please visit – www.coinstreet.partners

 

SOURCE World Championship Air Race

Web2-to-3 Membership & Lifestyle Program 

A decentralized membership system developed by Web3 technology, allows everyone to jointly own a part of a loved company but not involve shares.
Once owned by the membership NFT, every contribution will be accumulated and adding value to their own asset, which creates a “pay more get more” culture and encourages members to grow with the brand together.

This will close in 0 seconds

Branded Web3 Game & Metaverse

To deliver the best place for brands and enterprises to interact with the market, we build customized Web3 games by blockchain infrastructures and provide practical application solutions of decentralized virtual world experience. Customers can recognize and even sought after brands through the immersive experience.

This will close in 0 seconds

Collectible Phygital Value-Backed NFT

Based on real assets to establish Phygital (Physical + Digital) NFTs, endowed with liquidity and plasticity after tokenization, open potential value in the digital world to realize applications in different fields.

This will close in 0 seconds

Tokenization of ESG & Charity Projects

Environmental protection, social responsibility, and corporate governance have become new topics for companies. Decentralized application solutions can ensure that ESG transactions between companies can be executed accurately, and charitable activities can track the whereabouts of charitable funds without involving sensitive company information or transaction intention, and avoid cumbersome review procedures and procedures, simple, fast, safe and reliable.

This will close in 0 seconds

Decentralized Affiliate Marketing Programs

Leverage the advantage of blockchain to establish a streamlined and compact multi-level sales network. When a sale occurs, the pre-set smart contract is used to execute the profit sharing, and the income is directly obtained in the encrypted wallet.

This will close in 0 seconds

Web3 Voting Campaign & Survey

The data recorded on the blockchain is transparent, anonymous, and unmodifiable, it’s especially suitable for brands and enterprises to collect the most accurate market data.
In the Web3 customer feedback system we built, brands can provide customers with multiple different products or services as rewards, and then obtain valuable forward-looking market data by analyzing the choices of all customers.

This will close in 0 seconds

O2O Commerce for Exhibition and Live Event

We build e-commerce systems and execute purchase instructions on the blockchain, provide extended value for exhibitors by converting the huge traffic on the ground into sales and use limited booth space to generate unlimited business opportunities.

This will close in 0 seconds

“Proof-of-X” Non-Transferable NFT Certificate

With the advantage of non-tamperable, transparent, and permanent preservation after NFTs are minted, it provides certificate application solutions for brands and enterprises; enterprises can provide customers with qualification recognition and use it as a certificate so that it can be displayed and applied in the digital world.

This will close in 0 seconds

Decentralized Coupon, Voucher & Ticketing

Integrate traditional vouchers, coupons, e-tickets, and other certificates into the Web3 world, we use NFT technologies to change redemption only vouchers to interactive sales and marketing tools.
Holders can generate more products or services than the face value by completing pre-set tasks, they can directly redeem the original face value, or it can be resold directly at a custom price anytime, all decisions made by NFT holders and rights are protected by smart contracts.

This will close in 0 seconds

Crowdfunding & Trade Financing Program

Based on the decentralized fund-raising platform built on blockchain technology, creators can initiate fund-raising projects by NFT launching, rights and privacy of all participants are protected.
Through the identity authentication process of the platform, fundraisers need to take legal responsibility for their fundraising activities when enjoying the freedom and autonomy of decentralization.

This will close in 0 seconds

Web2- Web3 會員及生活交流計劃

以Web3技術開發的去中心化會員系統,讓每個人共同擁有所喜愛公司的一部分而不涉及股份;一旦擁有會員NFT,每一份貢獻都將累積起來並為自己的資產增值,營造出“多付出多收穫”的共贏關係,鼓勵會員與品牌共同成長。

This will close in 0 seconds

品牌定制的 Web3 遊戲和元宇宙方案

以區塊鏈技術為品牌及企業建立客制化Web3 遊戲,提供去中心化虛擬世界體驗的實際應用方案,令其客戶透過虛實互連的沉浸式體驗認識甚至追隨品牌,打造與市場互動的最佳場所。

This will close in 0 seconds

可收藏的虛實互連價值支持NFT

基於實體資產建立虛實互連的NFTs,通證化後賦予流動性及可塑性,開拓於數碼世界的潛在價值以實現不同領域的應用。

This will close in 0 seconds

ESG及慈善項目通證化

環境保護、社會責任以及公司治理成為企業的新課題。去中心化應用方案能確保ESG在企業間的交易能夠精准無誤地執行、追蹤慈善活動能的善款去向確保用得其所,過程不需涉及公司的敏感資料或交易意圖,也免卻繁瑣審核程序及手續,簡單快捷而安全可靠。

This will close in 0 seconds

去中心化聯盟及社交營銷計劃

運用區塊鏈優勢建立精簡而緊密的多層級銷售網絡,每當成功銷售時以預先設定的智能合約執行利益分成,直接於加密錢包中獲取收益。

This will close in 0 seconds

Web3 投票和市場調查活動

記錄在區塊鏈上的數據都是公開、透明而又保持匿名,以及其不可修改的特性尤其適合品牌及企業收集最準確的市場數據。於我們建設的Web3客戶回饋系統中,品牌可以向客戶提供多個不同產品或服務作為獎賞,然後透過分析所有客戶的最終選擇得出寶貴的前瞻性市場數據。

This will close in 0 seconds

展覽和活動的 O2O 商務支援

為參與展覽活動的參展商創造延伸價值,將地面龐大人流轉化成銷售額,並以區塊鏈電商系統點對點執行購買指令,利用有限展位空間開拓無限商機。

This will close in 0 seconds

「X認證」不可轉讓NFT證書

NFTs鑄造後不可篡改、公開透明而且可永久保存的特性,為品牌及企業提供證書應用方案;企業可向客戶提供資格認可並以此作為憑證,使其可於數碼世界展示及應用。

This will close in 0 seconds

Web3 優惠券、代金券及票據

把傳統的現金券、優惠券、電子門票等票據融入Web3世界,以智能合約執行去中心化的功能,令原本只用於換領的憑證變成可以互動的工具,自帶市場營銷及銷售效果。持有者可以透過完成指定任務獲取比面值更多的產品或服務,亦可以直接換領原來的面值,更可以直接以自訂價格轉售,一切可自行決定並且受智能合約保障。

This will close in 0 seconds

眾籌及貿易融資方案

基於區塊鏈技術建設的去中心化集資平台,創建者可自主規劃集資項目,再招募支持者以購買NFT形式參與項目,各方的權益及私隱受保障。平台能透過身分認證流程,確保募資方需要為自己的集資行為負上法律責任,既有去中心化的自由自主又能制約惡意使用平台的行動。

This will close in 0 seconds