Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Škoda Auto Launches NFT Platform in India

Czech automobile conglomerate Škoda Auto has launched a Web3 and non-fungible token (NFT) experience in partnership with Near Protocol. Named “Škodaverse India,” the platform will have low gas fees, interoperable NFTs for multiplatform usage, and eco-friendly, scalable NFTs.

The first Škoda NFT collection is expected to launch soon, with users able to mint the NFT by adding funds to their wallets. NFT holders can own unique digital assets representing Škoda’s artwork or collectibles, benefit from value appreciation and resale in the future, and access exclusive perks, rewards, or experiences tied to NFT ownership. Fiat and cryptocurrencies are accepted for trading.

Škoda Auto was established in 1925 and became a subsidiary of German automobile manufacturer Volkswagen after the collapse of the Czechoslovak Communist regime in 1990. Its car brand is popular among countries in Central and Eastern Europe. In 2022, it delivered a total of 731,000 cars. This NFT platform represents the firm’s first venture into Web3, inviting users to explore, collect, and own unique digital art pieces. The company aims to align its sustainable vision with carbon-neutral blockchains.

Categories:

Leave a Reply

Your email address will not be published. Required fields are marked *