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F1 Amber Lounge unveils exclusive NFT memberships

Formula1 Amber Lounge has initiated a unique offering of 1,888 NFT memberships that can only be accessed through invitations.

This prestigious venue is well-known for hosting spectacular after-parties following Grand Prix events. Since its inception in 2003, it has continued to attract A-listers like Kim Kardashian, Naomi Campbell, and Lewis Hamilton among others.

NFT Membership holders will receive lifetime access to exclusive VIP gatherings, Amber Lounge alongside other elite international Pop-Up events. The Lounge is renowned for its after-parties tied to the Formula 1 races, spanning cities such as Monaco, Singapore, Mexico City, Shanghai, and Abu Dhabi.

This year, Amber Lounge is looking to expand its events to Miami and Las Vegas among the U.S. Formula 1 circuits. Additionally, they are planning further festivities in Ibiza and Bali this summer.

"We are in talks with various renowned artists and brands for limited edition NFTs that will debut at our events, and we have several Metaverse gatherings in the pipeline. NFTs are set to revolutionize the upscale nightlife experience, and Amber Lounge is positioned at the forefront of this trend,\" stated Cher Ng, the CEO of Amber Lounge.

A total of 1,888 NFT memberships will be offered for purchase. Out of these, only 30 will provide holders with entry to Amber's exclusive events like private dinners and networking soirées. Top-tier members will also receive specially designed champagne box sets.

The remaining 112 NFTs will be utilized for marketing and promotional initiatives.

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