Hyundai Becomes the First Car Manufacturer to Release Community NFTs

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Hyundai Becomes the First Car Manufacturer to Release Community NFTs
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South Korea's largest automaker - Hyundai Motor Company - will be the first in its field to launch community non-fungible tokens.

South Korea’s largest automaker – Hyundai Motor Company – will be the first in its field to launch community non-fungible tokens.

a film depicting the “Metamobility Universe.” The latter reflects on the entity’s NFT endeavors, first unveiled earlier this year. To celebrate the film’s debut, Hyundai Motors issued 30 limited non-fungible tokens. By doing so, it became the only automaker to enter the community-based NFT marketplace:

Popular car brands have already issued non-fungible tokens. However, these collectibles were luxury automobiles created virtually and sold to certain collectors.On the other hand, Hyundai Motor Company is the first to design community-based NFTs that enable owners to join the Metaverse space the firm created.Speaking of renowned automakers that dipped their toes in the NFT universe, it is worth mentioning Ferrari and McLaren.

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