Porsche has announced its first NFT auction following the recent launch of the token-based Fanzone platform. The German high-performance car maker will sell a unique design sketch as part of the pilot project. The proceeds will be used to fund a noble cause.

Porsche to Auction NFT of New Design by Peter Varga

German sports car manufacturer Porsche is launching a pilot project for non-fungible tokens (NFTs). Between Aug. 2 and 6, collectors and fans will be able to participate in an auction to buy an exclusive design sketch by Porsche Director of Exterior Design Peter Varga as an NFT, the auto company said. Quoted in a press release, Varga commented:

Drawing a design sketch which is then traded online as a digital object was a completely new experience for me.

The designer revealed that the sketch combines the Taycan Cross Turismo with the 911. “It links the design language of our iconic sports car with that of the youngest member of the…

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Source: https://news.bitcoin.com/porsche-to-sell-exclusive-design-sketch-as-non-fungible-token/