Porsche’s NFT Trading Volume Nearly $5 Million, Despite Launch Failure

The German luxury car manufacturer Porsche’s NFT collection has volume.up to 2,839 Ether According to NFTScan on Jan. 26, the collection has a floor price of 2.74 ETH and a peak price of 9.18 ETH, with a total of more than 1,705 sold.

The NFT was originally going to be 7,500, but Porsche abruptly stopped the mint process on Jan. 25 after some users complained that the mint price was too high and unprofitable for NFT holders, bringing the supply down to 2,363. NFT originally had a mint price of 0.911 ETH, referring to the NFT collection by the same name “911,” but many users complained that they wished the price had been dropped to 0.0911 ETH instead.

After listening to feedback from the Porsche community announcewhether to extend the rights of the holder to reach There will also be opportunities for the joint creation of ”Porsche’s future of Web3”, a special capsule collection starting in Q2 2023, and the opportunity to participate. “money-can’t-buy Porsche experiences” and “private airdrop” in March 2023

The Porsche NFT debuted at Art Basel Miami in November 2022. It was designed by Hamburg-based designer and 3D artist Patrick Vogel and his Alt/Shift studio.

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