Hispano Suiza announced the launch of the world’s first Hypercar NFT Collection. The historic Spanish Brand is auctioning off 12 of their Carmen Hypercars. Bound to be another lucrative NFT sale, Trillioncollection.com lists the reserve price at 1.55 – 1.65 Million Euros.
Hispano Suiza’s Hypercar NFT Collection
Hypercars is a class of its own in terms of design, performance, rarity and how it pushes the boundaries of engineering. To illustrate, the average vehicle fall between 180 and 200 horsepower while The Carmen hypercars deliver more than 1,000 horsepower.
The Dubbonet Xenia, Hispano Suiza’s iconic design from the 1930s, is the inspiration for The Carmen. The Carmen maintains the elegance, heritage and sportiness of the brand’s DNA. As such, it constantly tops the list of the world’s best hypercars. The NFT Collection features 12 present card designs. Additionally, the owners will be able to customize thor real-world example of The Carmen.
NFT and Luxury Cars
NFTs and luxury both share the element of scarcity. To elaborate, the notion of rarity builds the whole idea of scarcity, which drives the concept and price of luxury.
NFTs provide luxury items with a unique digital identity that can be unquestionably proven by anyone interested in buying or selling them. NFTs address a real market need for luxury items such as hypercars so it can potentially grow the industry. The global hypercar market was valued at USD 13.7 billion in 2019 and poised to grow by 2,690 units during 2020-2024 according to Technavio.
You can join the auction and the drop event at Clubhouse on June 24!
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This article is educational material.
As always, make your own research prior to making any kind of investment.
