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The car manufacturing company has mentioned to enter the NFT market along with its own community, channels and website
On sunday, 17 April 2022, motor manufacturing company Hyundai made an announcement to step into the Non fungible token market based on online community and for which it has collaborated with an NFT brand, Meta Kongz. For the record, Hyundai would be the first car manufacturer company to enter the NFT market having its own NFT community. The official release from Hyundai also mentioned the release of the official website and channel on Twitter and Discord.
Non fungible tokens came out of the notion to tokenize or digitalize the already existing assets into their digital form on the blockchain to assure their authentication. Since they are created and available on the blockchain, they can’t be replicated along with that NFTs presents several real life items like real state, artwork and so much more. Once getting tokenize, these tangible real world assets become easier to buy, sell and trade more efficiently while reducing the possibilities of fraud or cheating.
The channels of Hyundai NFT Discord and Twitter opened on 15th April recently and the official website for NFT has been scheduled to may for its launch. The Hyundai NFT community also will provide its user with the experience of Hyundai brand in the mateverse by availing then the NFTs sharing options that depicts mobility solutions.
The online platform will be open and available for 24/7 for communication between customers and community members about real time updates and information regarding the price of digital assets. For this regard, to continuously manage the asset values of NFTs, Hyundai has provided dedicated channels on Twitter and Discord for the Hyundai NFT community.
Also Read: NFT market to be bigger than Bitcoin in the future as per Gate.io’s marketing chief
Moreover, the company has released a short film that depicts the concept of ‘Metamobility universe’ under Hyundai NFT universe which reflects its metamobility concept that was revealed in CES 2022. The short film shows a gorilla character ‘Meta Kongz’ that drives in both the classic PONY and also the new interpreted heritage series PONY that goes from Earth to the moon. That reflects the visualization of how mobility solutions can reach upto time and space. At the end of the film there was a teaser of shooting star shaped NFT that is planned to be released in May, 2022.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
