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  • Writer's pictureNFTCar

What are NFTCar NFTs?

Updated: Jan 29

NFT (non-fungible token) cars are a relatively new concept in the world of collectibles and the broader world of cryptocurrency. An NFT is a digital asset that is stored on a blockchain and represents ownership of a unique item or piece of content. NFTs can be used to represent all sorts of digital assets, including art, music, videos, and even virtual real estate.

NFTCars are the world's first NFTs, which are backed by real-world high-pollution cars. High-pollution cars will be bought from publicly well-known car sales websites, removed from the government registry, and scrapped the way non-parts will be reused. After that, NFT will be generated.

The NFT is then stored on a blockchain, which allows it to be bought, sold, and traded like any other digital asset. NFTCar NFTs will be issued on BNB Chain. If you learn more about how NFTS has been calculated, check out the article here.

One of the main benefits of NFT cars is that they are easily transportable, 100% verifiable and can be stored and traded digitally. This makes them an attractive option for collectors who don't have the space or resources to store and maintain physical cars. Additionally, NFT cars can be easily bought and sold online, which makes them more accessible to a wider audience of collectors.

Another benefit of NFT cars is that they are unique and often one-of-a-kind. This makes them highly sought after by collectors and can drive up their value over time.

NFT cars are still a relatively new concept, and the market for them is still developing. However, they have already gained a significant following and are attracting attention from collectors and investors around the world. It remains to be seen how the market for NFTCars reduce carbon footprint.

We are launching in few weeks' time. Follow us on Linkedin or Twitter @nftcar_io.

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