# NFT-Supported Racing Teams Laura-Marie Geissler's LMG GT No. 1 Project Will Fund Female Racers By Colin Smith | Published 2022-03-23 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/lmg-gt-no References: [hypebeast](https://hypebeast.com/2022/3/laura-marie-geissler-german-racer-nft-collection) & [instagram](https://www.instagram.com/lauramariegeissler/?hl=en)  Laura-Marie Geissler, a Munich-based professional racer, has launched the 'LMG GT No. 1 project' in collaboration with 'Amsterdam Berlin' and 'Unblocked.' Amsterdam Berlin is an independent German creative agency, while Unblocked is a Web3-focused Blockchain platform. With the LMG GT No. 1 project, Geissler hopes to fund a female racing team for the 2022 season exclusively through the sale of [NFTs](https://www.trendhunter.com/trends/nft-car). The NFT itself is an LMG GT No. 1 racecar with a livery that resembles the iconic '[Pink](https://www.trendhunter.com/trends/pink-soldier-saber) Pig' race car. This design covers the body of the car in dotted lines that separate the "body parts" of the car in the same fashion that a pig's body parts are separated by a butcher. The NFT also comes with a full, 360-degree render of the design that the owner can enjoy. Additionally, the LMG GT No. 1 project will sell 1,001 NFT helmets and 100 NFT suits to fund the racing team. Image Credit: LMG GT No. 1 project ## Trend Insights (Trend Hunter) - Score: 3.3/10 - Popularity: 46% | Activity: 41% | Freshness: 11% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, Europe ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Mobile](https://www.trendhunter.com/mobile) ## Key Themes ### Why This Trend Is Growing - **Nft-supported Fundraising:** Using NFTs as a fundraising tool is a trend that provides a unique opportunity to financially support various innovative projects and endeavors - **Digital Collectibles for Fundraising:** The rise of digital collectibles offers an innovative way to raise funds for creative projects by creating new streams of revenue through the sale of unique digital assets - **Blockchain-based Fundraising:** The use of blockchain technology for fundraising provides a secure, transparent, and decentralized way to fund various projects while empowering individuals to support their favorite causes ### Industries Being Reshaped - **Automotive Industry:** The participation of prominent figures from the automotive industry can accelerate the adoption of NFTs and blockchain technology to raise funds for various projects and initiatives - **Sports Industry:** The integration of NFTs and digital collectibles in the sports industry paves the way for new revenue streams, fundraising opportunities, and fan engagement strategies - **Creative Agencies:** Collaboration between creative agencies and blockchain platforms can enable the creation and promotion of innovative fundraising campaigns, leveraging the power of digital assets and blockchain technology ## Related on Trend Hunter - [Race Car NFTs](https://www.trendhunter.com/trends/candy-racing.md) - [Women-Focused F1 Partnerships](https://www.trendhunter.com/trends/rokt-1.md) - [All-Female Racing Partnerships](https://www.trendhunter.com/trends/allfemale-racing.md) - [Women's Motorsport Partnerships](https://www.trendhunter.com/trends/womens-motorsport.md) - [Lipstick Graphic Race Cars](https://www.trendhunter.com/trends/hot-lips-car.md) - [Female Empowerment NFTs](https://www.trendhunter.com/trends/women-in-crypto.md) - [Luxury Vehicle-Inspired NFTs](https://www.trendhunter.com/trends/mercedes-nft.md) - [Automobile-Backed Esports Teams](https://www.trendhunter.com/trends/porsche-motorsports.md) - [Beauty Brand-Backed Race Cars](https://www.trendhunter.com/trends/indianapolis-500.md)