Chevy is auctioning off a Corvette NFT and the winner will get the real-life car too.
The NFT, which shows a bright green Corvette Z06, was designed by a popular digital artist and will be up for auction on June 20.
While the NFT’s cool, we’d argue the bonus prize is cooler.
The NFT will come with a 2023 Corvette Z06 – which will cost about $90,000 when it goes on sale.
The Corvette Z06 will be equipped with a special performance package.
It comes with custom carbon fiber wheels and a plaque associating the car with the auction.
It will also be painted a custom Minted Green color, with Chevrolet promising not to apply the color to any other production 2023 Corvette Z06, making it truly unique to the NFT winner.
The NFR artwork – which is Chevy’s first foray into the crypto world, was created by artist Nick Sullo, who goes by xsullo online.
“I’ve been wanting to combine my digital art with the physical world, so it’s been a great opportunity to work with Chevrolet to bridge these two worlds,” he said.
“The Corvette Z06 is an ambitious car that I totally vibe with.
“I’m drawn to how technology can make us feel and I can tell the designers of Corvette Z06 draw from similar inspiration.”
XSullo has made waves in the crypto community, with a bunch of his stuff being snapped up by cashed-up buyers on SuperRare.
SuperRare will host the “Own the Color” auction exclusively and all proceeds will go towards DonorsChoose.
DonorsChoose helps to provide teachers with the tools they need to give students a great education.
The auction will be held on the NFT marketplace between June 20 and June 24.
But it comes at a volatile time for the cryptocurrency world.
The whole crypto market lost about $200 billion at the weekend, CNBC reported.
Bitcoin alone plunged to its lowest level in 18 months and Ethereum followed suit, dipping below $1,100 before eventually gaining back some ground.
But given the notoriously volatile nature of the market, crypto fanatics have not lost faith, with many continuing to pour millions into the online market.