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Cryptocurrency News Articles

Lamborghini Taps Motorverse To Launch An NFT Collection

Oct 03, 2024 at 04:07 pm

In an October 2 press release, Lamborghini and Animoca Brands confirmed partnering to launch a web3 gaming platform fitted with a non-fungible token collection.

Lamborghini Taps Motorverse To Launch An NFT Collection

Lamborghini, the iconic luxury car manufacturer, has announced a partnership with Motorverse, a subsidiary of Animoca Brands, to launch a new non-fungible token (NFT) collection. The collection, dubbed "Revuelto," will be available for minting on November 7, 2024, according to a press release shared with nft now.

The total supply of the Revuelto NFT collection has not been disclosed. However, the project's website states that each NFT will be priced at 0.55 ETH during the public mint. The whitelist mint will begin on November 6th at 10 AM EST, followed by the public mint on November 7th at 12 PM EST.

Lamborghini is an Italian luxury fashion, sports car, and SUV manufacturer based in Sant’Agata Bolognese. The super sports car giant is also renowned for its exclusive collections in its official store, including menswear, accessories, and high-quality merchandising items designed for true Lamborghini lovers. The Volkswagen Group owns this company through its subsidiary Audi.

Motorverse, on the other hand, is a global ecosystem and community for racing games and motorsports advancing digital vehicle ownership and interoperability for the open metaverse, powered by its native $REVV token and seeded by Animoca Brands. Launched in 2019, the Motorverse offers a unique proposition where users can purchase a digital car once and use it across multiple games within the ecosystem.

Since its inception, Motorverse has made significant strides in the world of digital motorsports, leveraging Web3 technology to create a comprehensive hub for gaming and motor enthusiasts. Fortunately, the platform has secured licensed deals with top car brands like Nissan, Honda, and Toyota. As part of Animoca Brands, Motorverse aims to bridge the gap between digital and real-world motorsports by providing users with a unique and engaging experience.

Motorverse has a wide range of racing games, including casual, mid-core, and AAA-quality titles like TorqueDrift 2 and Cosmic Royale, built by 3 in-house studios with 20+ years of web3 and a web2 game developer experience. These racing games have +150 million combined downloads on PC, console, and mobile. Motorverse has inked strategic partnerships with leading global automotive and motorsport brands, offering unique in-game, cross-game, and real-world utilities and experiences.

Revuelto NFT Utilities

Under the new partnership, Motorverse, and Lamborghini, through its Fast ForWorld ecosystem, anticipate leveraging their capabilities to deliver the world’s first interoperable digital car NFT collection, a Lamborghini Revuelto, and officially bring the legendary Lamborghini sports cars to Web3. The digital super sports car will serve as the entry key to an interoperable ecosystem and experience across the Fast ForWorld and the Motorverse ecosystems.

The upcoming Lamborghini x Motorverse Revuelto NFT collection includes several utilities, such as letting users participate in the Fast ForWorld ecosystem to earn engagement points and unlock exclusive prizes and special rewards. The NFT series will also allow holders to unlock their immersive wallet with their cars inside it. Revuelto NFT will also let holders enjoy early access to exciting launches from Fast ForWorld and its ecosystem partners, giving holders a head start on the latest digital opportunities.

Interested parties can visit the project's website or follow their official Twitter handle for more information on the upcoming NFT drop. Stay tuned to nft now for continuing coverage on this and other stories in the world of non-fungible tokens.

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