Porsche's NFT Fiasco: A Cautionary Tale for Manufacturers Navigating the Web3 World

Porsche’s NFT Fiasco: A Cautionary Tale for Manufacturers Navigating the Web3 World

The last disadvantage is a lack of usefulness. Porsche’s NFTs advertised nothing specific in terms of the benefits they provided to customers. Instead, the model argued that just holding an authentic item of digital goods was reason enough to buy. In the event’s official release, a Porsche executive said that attendees will get exclusive access to events in both the digital and physical worlds, as well as participate in “Porsche’s voyage into the realm of Web3 and engage in a discussion with the brand.” None of this truly says anything, and customers may be informed promptly.