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Nissan Canada Auctions Off a 1 of 1 GT-R NFT with a $280K Reserve

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Nissan Canada unveiled today it is auctioning off a 1 of 1 non-fungible token (NFT), a digital asset hosted on the blockchain, inspired by the brand’s GT-R sports car. Canadian artist Alex McLeod was commissioned by Nissan to design a unique work of digital art featuring the iconic vehicle. The NFT will be auctioned off with a reserve price of $280,000 CAD and will come with a bonus—the keys to an accompanying 2021 GT-R NISMO Special Edition in an exclusive Stealth Grey exterior color.  Collectors and car enthusiasts will have to bid on the NFT to get behind the wheel of this extremely limited vehicle. All profits received by Nissan Canada above the $280,000 reserve will be donated to charity following the auction.

“The Nissan GT-R is arguably one of our most iconic vehicles and has been a mainstay in the sports car market since its 2009 Model Year debut,” said Ken Hearn, Director of Marketing for Nissan Canada Inc. “Recognizing NFT followers and car enthusiasts share the same passion for inspired design and a bold approach, Nissan wanted to create an NFT that would celebrate the GT-R’s legacy and mark the launch of its most exclusive edition to date – the 2021 GT-R NISMO Special Edition. It’s been great working with a talented, innovative artist like Alex to bring Nissan Canada’s first-ever NFT to market, and we’re thrilled to reveal the final piece of art today.”

Nissan selected local artist McLeod to create the NFT due to his out-of-the-box approach and creative use of 3D rendered environments. Known for his focus on simulation and the transition of matter, McLeod’s digital work has been featured worldwide. The NFT showcases the GT-R in three familiar yet supernatural environments to highlight the boldness of the vehicle and its various features. When designing the NFT, McLeod leveraged digital technology to experiment with different worlds, colors and reflections.

“When designing the NFT, I wanted to create a piece that has a sense of familiarity, but which is also totally imagined and exciting,” said Alex McLeod, visual artist. “The GT-R NISMO Special Edition is unlike any car I’ve seen before, as it looks like it comes from another world. I wanted to explore that idea and show people what it could look like, by bridging realities between our physical and imagined worlds. I really thought about how the GT-R NISMO Special Edition not only transports us physically, but emotionally and psychologically, and aimed to capture this feeling through my work.”

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The artwork will be hosted on RubiX Network (RubiX), a premium NFT marketplace, starting September 23 in a pre-auction format. The live auction will follow on October 5 at 12:01 a.m. ET until October 7 at 11:59 p.m. ET. The NFT is backed by RubiX’s proprietary patented technology and is built on the most secure and sustainable blockchain in the market today. It utilizes RubiX’s Proof of Harvest (PoH) Consensus Mechanism, which unlike traditional blockchains, uses several innovative principles to reduce carbon emissions, including using already computer-produced energy that would otherwise go to waste.

“We’re honoured to work with Nissan Canada to bring this NFT and its real-life counterpart – the 2021 Nissan GT-R NISMO Special Edition – to the North American market,” said Nithin Palavalli, CEO of Rubix. “As NFTs continue to grow in popularity and attract attention from around the world, everyone from car enthusiasts to tech-savvy influencers are getting involved in this emerging industry. It seems like a natural fit to create an NFT that leverages this iconic vehicle for inspiration, and we’re excited to play a role in helping Nissan Canada launch its first NFT.”

The highest bidder will receive the digital rights to the NFT and the keys to the 2021 GT-R NISMO Special Edition once the car arrives in Canada later this fall. The auction is open internationally, and the winning bidder must be available to pick-up the physical 2021 GT-R NISMO Special Edition at a Canadian dealership upon its arrival.

For more information, please visit rubixmarket.com/GTR-NFT.

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Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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