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Cryptocurrency News Articles
Hyundai Wants Its Giveaway NFT Back…in Exchange for Another Giveaway
Oct 06, 2024 at 11:07 pm
The fine print on such sweepstakes might say that the freebie you won is yours, but only after you pay taxes, fees, and shipping.
Back in 2021, Hyundai held a sweepstakes to give away 10 “historic, first-ever Hyundai branded NFTs.” The giveaway was timed to coincide with the launch of the Santa Cruz, and participants were required to tweet about the vehicle and include specific hashtags in their posts.
Now, Hyundai is offering to trade in one of those NFTs for a brand-new 2025 Santa Cruz Limited AWD or $20,000 cash. The promotion is open to the original owner of a Hyundai Santa Cruz NFT and is available on a first-come, first-served basis.
The fine print on the sweepstakes states that the prize is valued at $42,500, and the winner will be responsible for paying taxes and any other fees associated with the prize. The promotion is open to legal residents of the contiguous United States and the District of Columbia who are at least 18 years old.
To enter the promotion, participants must submit a valid entry on the official website by October 30, 2023. The car (or cash) has already been claimed, according to the official website.
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- CYBRO Surpasses $2.9 Million in Pre-Sale: A One-of-a-Kind Next-Gen DeFi Investment Opportunity
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