The renowned automaker Renault is driving its history-making legacy to the web3 with the launch of its inaugural NFT collection. Following other car producers who have already taken the web3 route, Renault is coming to the realm to celebrate the 50th anniversary of its iconic Renault 5 line.
Thus, the brand's first-ever NFT collection, dubbed genR5, will be composed of only 1,972 animated tokens, matching the year when the first legendary R5 hatchback was launched. The collection will drop on December 15th via Renault's own web3 platform entitled R3NLT. This abbreviation is also the name of a community that brings together car enthusiasts and crypto-enthusiasts. Besides, this is the representation of Renault in the web3 universe.
While there are only four R5 models aka video 3D models that have ever rolled off the assembly line, the genR5 NFT series will feature four NFT types, which are: 1 00 electric Renault 5 NFTs, 160 Renault 5 Turbo NFTs, 450 Renault 5 Le Car Van NFTs, as well as 1,262 Renault 5 TL NFTs. All NFTs come with original features such as new body colors and patterns, headlights, and background atmospheres. There are about 127,008 possible combinations that are randomized and lead to creating a unique NFT either in the vintage or the futuristic style.
The NFTs will be revealed upon minting, providing holders with a set of unmatched utilities, depending on the car model, as follows:
Additionally, all tokens come with common perks, including WL spots in future collections, access to a live conference with influential web3 hosts, access to GM5 social and solidarity initiatives, and an opportunity to become a co-creator and access to exclusive merch.
The latter experience provides NFT holders with a chance to put a hand to the co-creation of limited-edition hoodies and skateboards within the collection dubbed The Originals. Finally, all participants in the mint will automatically become sponsors of Renault's Give Me Five charitable initiative. The project is engaged in the restoration and refurbishment of the tennis courts, providing the youth in working-class neighborhoods an opportunity to play tennis.
To make the genR5 NFT accessible to all Renault fans, the collection will be available for purchase both in crypto and fiat.
Set your alarms for December 15th and drop by Renault's R3NLT website to mint a memorable utility-backed NFT!