Polkadot-backed IndyCar racer Conor Daly achieved a top 10 finish at the prestigious Indianapolis 500.Reports indicated that Daly led for 22 laps in the race but couldn’t maintain his lead due to his car’s speed limitations. Despite this, he managed a commendable top-10 finish, moving up an impressive 19 spots from his 29th-place starting position.Reflecting on his performance, Daly noted that starting from the back impacted his ability to compete with the frontrunners. He reportedly said:“We hadn’t run with (the frontrunners) the entire month, not even in practice because we were starting so far back. We usually were running with the other guys, so we weren’t geared long enough for when we had to trim out, so we trimmed out on the limiter in sixth (gear) when I tried to pass Scott (McLaughlin) a couple times. So that just hurt us a little bit, just kind of lacking just a little bit of speed, but the car was good.”Nevertheless, Daly conceded that a top-10 finish was “a huge accomplishment” while flaunting the “biggest mover” trophy he got.Polkadot’s official social media handle also praised the milestone, noting that the blockchain network was “well represented in the biggest single-day sporting event and motorsports race in the world.”Daly was appointed Polkadot’s brand ambassador for the Indianapolis 500 race roughly a month ago — marking the first major athlete sponsorship through a blockchain-based community, receiving a 95.8% approval rating from the community.The sponsorship aims to boost publicity for the Polkadot network and is the beginning of a one-year collaboration involving community events and digital campaigns to promote Polkadot’s technology.Following Daly’s successful sponsorship, the Polkadot community has been exploring more sports-related partnerships, including a $8.8 million deal with Lionel Messi’s Inter Miami football club.Disclaimer: CryptoSlate has received a grant from the Polkadot Foundation to produce content about the Polkadot ecosystem. While the Foundation supports our coverage, we maintain full editorial independence and control over the content we publish.Oluwapelumi values Bitcoin’s potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.AJ, a passionate journalist since Yemen’s 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting. Essential crypto updates and analyses. Straight to your inbox, every day.SubQuery said these RPCs are the first on Substrate-based networks and will be operated by over 30 independent Node Operators.Hydration said the funding will boost the liquidity and efficiency of its single-sided liquidity provisioning platform, Omnipool.Accelerate Polkadot said it wants to provide the de facto answers to Polkadot’s developers questions.The Decentralized Fund inititaive is designed to support Polkadot-focused organizations with funding.CryptoSlate’s latest market report dives deep into the effects corporate Bitcoin purchases have on the market.Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
