Collectors called the expensive NFT mint “clueless” but the sports car brand went ahead anyway, yielding a Web3 wreck in progress.

Porsche’s project focused on the German automaker’s iconic 911 sports car, with a planned drop of 7,500 Ethereum NFTs that would celebrate the vehicle and allow holders access to events and exclusive merchandise. It would also let crypto-savvy car junkies vaguely “help design Porsche’s future in the virtual world.”

https://decrypt.co/119912/porsche-nft-drop-crashed-burned