On April 17th, 2024, in a groundbreaking collaboration between MetaWin and law firm BCLP, a Tesla Cybertruck has been successfully tokenized and transformed into a non-fungible token (NFT). This NFT, representing full ownership rights to the Cybertruck, is now available on the Ethereum Base Layer 2 blockchain operated by Coinbase.
This event marks the world’s first tokenized vehicle asset and offers participants the chance to win the Cybertruck through a transparent, on-chain process. Entry into the competition is free and can be accessed through a Web3 wallet, with significantly lower gas prices on the Base Layer 2 blockchain compared to Ethereum’s Main Net.
Rebecca Hanwell, Operations Manager at MetaWin, stated, “By utilizing the Ethereum Base Layer 2 blockchain, we not only reduce transaction costs but also ensure complete transparency and immediate transfer of ownership for every aspect of this contest.”
Participants can increase their chances of winning by purchasing MetaWin NFTs directly from the website. Each NFT purchase includes free entries, which are registered on-chain at the time of purchase. The winner can choose to have the Cybertruck delivered directly or receive a cash prize of $125,000 in USDC/T if delivery is not feasible.
The Cybertruck, known for its unique design and celebrity endorsements, will remain under the stewardship of MetaWin, with its VIN number specified in the NFT contract. Hanwell added, “The Cybertruck not only represents an exceptional vehicle but also embodies the technological innovation driving our vision at MetaWin. Hosting this contest on the blockchain ensures that every step of the process is as revolutionary as the prize itself.”
The competition is now open for entries, with the drawing taking place on June 1, 2024. The winner will receive their prize promptly, showcasing the efficiency and potential of blockchain technology in modernizing traditional asset ownership. For more information and to participate in this extraordinary contest, visit MetaWin.com.
About MetaWin:
MetaWin is the leading platform for on-chain prize competitions and instant win games, offering a variety of entertaining challenges for users. By utilizing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the top choice for blockchain enthusiasts and gamers alike.
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