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Skoda Launches Skodaverse India To Buy, Trade NFTs

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Skoda Launches Skodaverse India To Buy, Trade NFTs

Skoda has joined the global Web 3.0 movement by launching Skodaverse India. Skodaverse India, which is part of the global Skodaverse effort, begins with a platform that allows users to discover, buy, and trade NFTs online.

To allow all Skoda aficionados to participate, the Skodaverse India NFT platform will allow the purchase of NFTs in cryptocurrencies as well as INR, USD, Euro, and other fiat currencies. Keeping sustainability in mind, the initial batch of NFTs will be issued via the NEAR Protocol, a carbon-neutral enterprise approved by the South Pole.

The platform is built on a shared, proof-of-stake, layer-one blockchain optimised for usage. Skoda is launching its web 3.0 strategy in conjunction with Antier, the largest blockchain consulting firm, which is also leading comprehensive innovation-focused procedures of developing and minting NFTs.

Each NFT collection will be handpicked to ensure a high-quality and engaging experience, allowing users to earn unique collectibles, unlock exclusive experiences, and form a deeper link with the brand. The kodaverse India platform supports signing in, creating, and maintaining profiles with updates on the creation and selling of NFTs. Skoda will also provide regular utility updates via its Skodaverse social media platforms.

(With inputs from Shikha Singh)

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