Despite the fact that it came with a free Corvette Z06, Chevy's first NFT received no bids

Despite the fact that it came with a free Corvette Z06, Chevy’s first NFT received no bids

Chevy’s initial venture into non-fungible tokens was a flop. According to Corvette Blogger, the carmaker received no offers for its first NFT at an auction last month, despite the fact that the digital drawing came with a free 2023 Corvette Z06.

The NFT, which features a lime green Corvette Z06 speeding through a cyberpunk world, was made by artist Nick Sullo, also known online as xsullo. The winning bidder would also have received a one-of-a-kind “Minted Green” Corvette Z06, the only one painted in that hue, as well as the option number RFN, which will “forever associate” the car with the NFT auction. And because NFTs are digital and computers utilize binary, the Corvette’s VIN number will be in binary.