CarForCoin Launches Auction to Buy Real Cars through NFTs

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February 28, 2022 – March 07, 2022

Creator(s):

Blockchain:

Ethereum

Are you planning to buy a luxury car? With the launch of the new CarForCoin NFT marketplace, you can acquire an exotic car with crypto or USD by participating in the auction. The founder of CarForCoin, an NFT enthusiast Tom Hegedosh, has come up with the idea of turning chic cars into animated non-fungible tokens to simplify the process of purchase to a couple of clicks.

The NFTs are sold in auctions on the CarForCoin website and come with the physical car and a QR code. The barcode displays the NFT when scanned and serves as proof of ownership.

The current exclusive car 'menu' consists of 25+ beauties, including a 2020 Porsche 911 Carrera 4S, a 2018 McLaren 720S Coupe, a 2015 Porsche 911 GT3, a 2021 Chevrolet Camaro 2SS, and plenty of others. The current bids as the choice of cars vary from 20,000 USD for a 2019 BMW M5 to 200,000 USD for a 2020 Porsche 911 Carrera 4S.

"If people are paying $200,000 for a picture, wouldn't it be nice if they got a real exotic car with it too?" asks Tom Hegedosh.

These NFTs can be viewed on the giant marketplace OpenSea as well. It also appears that in addition to a lux vehicle, you can acquire 5% equity in the company through NFTs, realized through OpenSea. Before placing your bids, be sure to contact CarForCoin for the current auction information, alongside requesting the chosen car's technical specifications.

NFTs today have proved themselves to be a perfect way to authenticate nearly any physical object and store them on blockchain ledgers for an unlimited period of time, tending to infinity. Bid farewell to long bureaucratic processes and own your dream just in a couple of clicks with CarForCoin!

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