Kasta Burns Over 167K Tokens after Boschung Earned 17 Points in the First Round of Formula 2
As announced in a previous article, peer-to-peer crypto payment platform Kasta will support Ralph Boschung at the 2022 Formula 2 (F2) championship by burning up to 5 million $KASTA tokens based on his F2 season performance. Ralph is a Swiss race car driver competing under the Campos Racing team.
The good news is, Ralph started the season with a bang, landing the fourth spot after the first race weekend held on March 18–20 at the Bahrain International Circuit. The circuit, located in the desert area called Sakhir, has 15 turns and a track length of 5.412 kilometers. It has hosted over 400 races a year, including Formula 1 races since 2004.
Ralph’s Round 1 Performance
Ralph concluded the first round with 17 points. He earned 12 points on the feature race, finishing fourth out of 19 participants upon completing 31 laps in exactly 1:01:58.317. He also placed fourth in the sprint race after completing 23 laps in 43:42.964. Ralph finished fifth in the Friday qualifying session at 1:41.
Visit the F2 website to see the complete round 1 results.
How Many $KASTA Tokens Did You Burn?
Kasta has agreed to burn 9,861.93294 tokens for every point Ralph earns throughout this season. As he earned a total of 17 points in the first round, the company has officially burnt 167,652.85998 $KASTA tokens on March 24.
The transaction ID of the burn can be found here.
Watch Out for Round 2!
With 12 more rounds to go, we’re excited to witness how Ralph will continuously thrive and hopefully exceed expectations on the racetrack. The second round is set on March 25–27 at the Jeddah Corniche Circuit in Saudi Arabia. To find out where you can watch the F2 racing events, click here.
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About Kasta
Kasta is a blockchain alternative to mainstream mobile payment services. Our platform makes P2P payments easy, simple, and accessible. As we transition into a crypto-based economy, Kasta provides the market convenience necessary for cross-border payments on a global scale. Through our platform, we aim for globalized cryptocurrency adoption and to improve the functionality of financial services.
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