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Here’s an Exclusive Look at Porsche’s NFT Pricing, Utility, and More

Here’s an Exclusive Look at Porsche’s NFT Pricing, Utility, and More

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NFTs let budget-conscious fans of high-end brands get their hands on what was once unattainable — affordable luxury goods. It sounds like an oxymoron, but a host of innovative companies have found ways to make luxury items more accessible thanks to Web3. Specifically, premier fashion brands like Balenciaga, Prada, and Gucci offer digital collectibles at a fraction of the price of their real-world designer items, allowing a new wave of fans to connect (and collect).

But the world of Web3 luxury extends well beyond the digital runway.

In November 2022, automaker Porsche announced its first official NFT collection. Now, in materials shared exclusively with NFT Now, the Porsche team relayed everything you need to know about the project — the price, utility, mint date, accompanying airdrops, and more.

Fasten your seatbelt

Each of the 7,500 NFTs in Porsche’s collection will have a premium price point of 0.911 ETH, and they will be available in four waves. Interested? Select individuals can begin participating in the action on January 23 at 9:10 am UTC-5. A public mint will follow at 4 pm UTC-5.

Here’s what you need to be eligible for each wave:

  • Wave 01: Hold a Porsche POAP, partner NFT, and be registered at Porsche’s NFT website.
  • Wave 02: Hold a partner NFT and be registered at Porsche’s NFT website.
  • Wave 03: Hold a Porsche POAP and be registered at Porsche’s NFT website.
  • Wave 04: Be registered at Porsche’s NFT website.

While Porsche says that they do have plans for future dops, they note that if you mint a digital collectible from this first project, you will become a part of what Porsche calls the “Pioneers Circle.”

As a Pioneer, you will have the chance to co-create Porsche’s Web3 future, get limited edition merch, access unique traits from artists and partners, join a token-gated Discord, and attend virtual and in-person events. Further, Porsche states that there will be an exclusive airdrop for Pioneers.

Define your journey

One of the most interesting aspects of the project is that holders will have the opportunity to co-create the final look and feel of their NFT design.

Each Porsche NFT begins as a blank slate — a white Porsche 911 Carrera with a personalized license plate. Over the course of several months, holders will be able to tailor their NFT to their personality by choosing between three possible “roads:” performance, heritage, or lifestyle.

 

 

Disclaimer: Information found on BTC Upload, LLC is those of the writers quoted. It does not represent the opinions of BTC Upload, LLC on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer

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