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MetaWin Launches World's First Tokenized Vehicle Contest

MetaWin and BCLP tokenize a Tesla Cybertruck, offering it as an NFT prize in a groundbreaking blockchain competition.
Published on 2024-04-17

Introduction to Tokenized Vehicle Asset

In a groundbreaking initiative, MetaWin, in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset. This tokenized vehicle is minted as a Non-Fungible Token (NFT) on the Ethereum Base Layer 2 blockchain, operated by Coinbase. This marks a significant milestone as it is the world's first tokenized vehicle asset.

Contest Details and Participation

Participants can enter the contest to win the Cybertruck through a transparent, on-chain process. The entry is free and accessible via a Web3 wallet, benefiting from reduced gas prices on the Base Layer 2 blockchain compared to Ethereum's Main Net. Users can enhance their chances by purchasing MetaWin NFTs, which provide complimentary entries registered on-chain.

Winning and Prize Options

At the competition's conclusion, the winner can choose to have the Cybertruck delivered or opt for an alternative prize of $125,000 in USDC/T. The Cybertruck, known for its unique design, remains under MetaWin's stewardship, with its VIN number included in the NFT contract.

Technological Innovation and Transparency

The contest exemplifies technological innovation and transparency. By leveraging blockchain technology, MetaWin minimizes transaction costs and ensures immediate transfer of ownership, from entry registration to prize allocation. This approach provides participants with a fair and secure gaming environment.

About MetaWin

MetaWin is a leading platform for on-chain prize competitions and instant win games. It offers a diverse range of challenges, utilizing cutting-edge blockchain technology to deliver a transparent and secure experience for blockchain enthusiasts and gamers.

Conclusion

The competition is open for entries, with the drawing set for June 1, 2024. This initiative highlights the efficiency and potential of blockchain technology in modernizing traditional asset ownership. Participants can visit MetaWin.com for more information and to join this extraordinary contest.

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