News Auto 11-12-2024 at 15:53 comment views icon

Renegade and Mulsano presented NFT collector cars with a $100 price tag

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Tetiana Nechet

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Renegade and Mulsano presented NFT collector cars with a $100 price tag

Crypto banking platform Renegade and German luxury car dealer Mulsano have signed a partnership, and now have a joint project in the field of real-world tokenized assets (RWA). Thanks to blockchain technology, anyone is able to invest in exclusive Mulsano collector cars with a pocketful of $100 or more.

«Renegade has started a partnership with Mulsano, one of the most exclusive German luxury car dealerships! We are excited to be their gateway to the future by tokenizing collectible cars! The world of high-end cars and cryptocurrencies is about to collide! Fasten your seat belts for this amazing journey!», — it says in the announcement.

Currently, the NFT sales platform OpenSea Only four cars are available. The cost of the Lamborghini Aventador Roadster, for example, is divided into 1576 digital tokens, each of which is currently worth 100 USDC or $99.81.

That is, to own a luxury car, it is enough to purchase at least 1 NFT. This, in turn, makes it possible to diversify the investment portfolio, as token holders will be able to profit from the long-term growth in the value of the car due to its rarity and historical significance.



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