Czech automobile conglomerate Škoda Auto launches NFT platform
The nonfungible token platform was launched in partnership with Near Protocol. On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launch ed a Web3 and nonfungible token (NFT) experience in partnership with Near Protocol. Dubbed “Škodaverse India," developers say the platform will possess low gas fees, interoperable NFTs for multi platform usage, and eco-friendly, scalable NFTs. The firm wrote: “Škodaverse India will also unlock bespoke utilities and experiences for NFT holders which will be revealed along with the first drop details. All NFTs will be minted on carbon-neutral blockchains, aligning with our sustainable vision." The debut Škoda NFT collection is scheduled to launch “soon," with no fixed date or offer price. Users will be able to mint the NFT whenever it is dropped through the addition of funds to their wallets. Benefits for NFT holders, as listed by developers, include owning a unique digital asset represent...