Ethereum

Token

Base

April

London, UK, April 17th, 2024, Chainwire 
In a pioneering move within the industry, <a href="https://metawin.com/t/press-3" target="_blank" rel="nofollow noopener">MetaWin</a> in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase. 
This contest marks a significant milestone as the world’s first tokenized vehicle asset, offering participants an opportunity to win a Cybertruck through a transparent, on-chain process. Entry into the competition is free and easily accessible via a Web3 wallet, with significantly reduced gas prices on the Base Layer 2 blockchain compared to Ethereum’s Main Net. 
Rebecca Hanwell, Operations Manager at <a href="https://metawin.com/t/press-3" target="_blank" rel="nofollow noopener">MetaWin</a>, highlighted, “By leveraging the Ethereum Base Layer 2 blockchain, we not only minimize transaction costs but also ensure complete transparency and immediate transfer of ownership for every aspect of this contest – from entry registration to prize allocation.” 
Participants can enhance their chances of winning by acquiring MetaWin NFTs directly from the platform. Each purchase includes complimentary entries, seamlessly registered on-chain at the time of purchase. At the conclusion of the competition, the winner can choose to have the Cybertruck delivered or opt for an alternative prize of $125,000 in USDC/T, if delivery is not feasible. 
The Tesla Cybertruck, renowned for its unique design and celebrity endorsements, serves as an extraordinary prize. It remains under the stewardship of MetaWin, with its VIN number detailed in the NFT contract. 
Rebecca Hanwell further noted, “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.” 
<a href="https://metawin.com/t/press-3" target="_blank" rel="nofollow noopener">The competition is now open for entries, with the drawing scheduled for June 1, 2024. </a>The winner will receive their prize promptly upon the contest’s conclusion, showcasing the efficiency and potential of blockchain technology in modernising traditional asset ownership. For more information and to participate in this extraordinary contest, visit <a href="http://metawin.com" target="_blank" rel="nofollow noopener">MetaWin.com.</a> 
About Metawin 
MetaWin is the premier platform for on-chain prize competitions and instant win games, offering a diverse range of entertaining challenges for users to enjoy. By harnessing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the go-to destination for blockchain enthusiasts and gamers alike. 
Follow us on social media: 
<a href="https://twitter.com/Meta_Winners" target="_blank" rel="nofollow noopener">X</a>|&nbsp;<a href="https://www.instagram.com/metawin.eth/" target="_blank" rel="nofollow noopener">Instagram</a> 
Join our community: 
<a href="https://t.me/metawinlfg" target="_blank" rel="nofollow noopener">Telegram</a>&nbsp;|&nbsp;<a href="https://discord.com/invite/the-arena" target="_blank" rel="nofollow noopener">Discord</a> 
<h5>Contact</h5> 
PR Team Metawin press@metawin.com

MetaWin Announces Innovative TOKENIZED Tesla Cybertruck Contest on Ethereum’s Base Layer 2 Blockchain

TheNewsCrypto

Other articles published on Apr 17, 2024

Cardano’s Dark Hour: Panic Grips Investors As ADA Loses 22% Of Its Value

Microsoft’s AI Copilot Is Beginning of Coding Industry Automation

$8M Bitcoin Prediction by Scaramucci, Emerging AI Altcoin Set for Profitable 2024

Pups (Ordinals) Price Prediction: PUPS Pumps 25% As Traders Jump To This 2.0 Meme Coin For Its 10...

Understanding Recent Bitcoin Market Dynamics and Trading Patterns

Magic Square Integrates 1inch Swap API, Launches $25K Swap Competition

Join our free newsletter for daily crypto updates!