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Distributed supercar ownership NFT provoked a furore in Dubai. MContent with NFT Artist Idriss B presented Project Black, the world's first international project to share the ownership NFT.
NFT allows customers to own and drive a highly desired Mercedes-AMG GT Black Series for one month every year with the purchase of a custom digital and physical artwork by internationally renowned NFT artist Idriss B.
The first Supercar NFT includes digital tutorials from popular auto-influencers such as Super Car Blondie and Arab GT, as well as a presentation of NFT's new collection called "PROJECT BLACK."
Ownership of the Mercedes-AMG GT Black Series was sold to 12 NFT customers. The car has more than 700 horsepower and a hand-crafted engine, this model is in high demand among car enthusiasts.
MContent collaborates with Idriss B., an artist whose clients include celebrities such as Akon, Lindsay Lohan and Snoop Dogg.
MContent will resell the car in a few years and immediately redistribute its value to NFT holders. As part of its CSR program, MContent also said that a certain amount from NFT sales will be donated to the Rashid Center for the Purposeful.
MContent's native token is now listed on over six centralised and decentralised exchanges with a market value of over $100 million.