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MG Motor India to launch collection of NFTs
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economictimes.indiatimes.comMG Motor India has become the first auto brand in the country to jump on to the bandwagon. The maker of the Hector and
GlosterSUVs plans to launch its own collection of NFTs this month. The company will commence the sale of NFTs on 1,111 digital pieces of its art, including GIFs and static images, on December 28. These will be categorised in four segments: collectibles drawing on the Morris Garages heritage, community and diversity, car-as-a platform and collaborative art. NFTs are a type of crypto asset in which each token is unique. It can be used as a digital certificate of authenticity for any asset, digital or physical, such as one-of-a-kind work of art or an antique.
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