Hyundai Motor Steps into Community-based NFT Market | Be Korea-savvy

Hyundai Motor Steps into Community-based NFT Market


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SEOUL, April 19 (Korea Bizwire)Hyundai Motor Co. is set to launch into a community-based non-fungible token (NFT) market.

The South Korean auto giant on Monday disclosed the “Metamobility Universe” video that introduces its own NFT concept through YouTube.

In collaboration with a popular NFT character “Meta Kongz,” the company plans to issue 30 limited edition Hyundai x Meta Kongz NFTs on Wednesday.

The NFTs will be pre-sold through partner communities and then later sold through the NFT transaction platform OpenSea (1 ethereum per NFT).

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Starting from May, Hyundai will issue Metamobility NFTs in earnest. Proceeds from the sale of Hyundai NFTs will be used for the project’s management and community members.

To strengthen its NFT community base, the company also plans to establish an exclusive communication channel for those who have or plan to own Hyundai NFTs.

Image Credit: Hyundai Motor Co. / photonews@koreabizwire.com

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