Škoda Auto India Launches Škodaverse India NFT Platform

Škoda Auto India is venturing into the world of Non-Fungible Tokens (NFTs) with the launch of Škodaverse India, as part of the global Web 3.0 project. The platform will allow users to explore, buy and trade NFTs with the aim of building an online community of Skoda loyalists. Users will have the option to purchase NFTs using cryptocurrencies as well as traditional currencies such as INR, USD, Euro, and others. Christian Cahn von Seelen, Executive Director, Sales, Marketing and Digital, Škoda Auto The company aims to establish long-term relationships and interactions with its customer base through the Škodaverse India platform. The company added that the platform also showcases its commitment to sustainability and innovation by using carbon-neutral blockchain technology for secure, transparent, and decentralized transactions. Volkswagen India said, “Škodaverse India signifies the brands leap into uncharted digital territory. It’s not just about creating extraordinary digital assets, it’s about forging deep connections with a community that shares an unwavering passion for the brand and its initiatives in India.”. NFTs serve as digital certificates of ownership, providing distinctive identifiers that cannot be copied, substituted, or subdivided.