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McLaren to Mint NFTs of Luxury Supercars in InfiniteWorld Partnership
McLaren Automotive plans to build a marketplace for the sale of NFTs that will include access to exclusive experiences for its buyers.
Updated Apr 9, 2024, 11:33 p.m. Published Mar 15, 2022, 5:00 p.m.
McLaren Automotive is to create and mint non-fungible tokens (NFT) of its luxury supercars in partnership with metaverse infrastructure platform InfiniteWorld.
- The U.K.-based carmaker plans to build a marketplace for the sale of NFTs, which will also grant access to exclusive experiences for owners, the firm announced Tuesday.
- It is working with InfiniteWorld, a metaverse infrastructure provider that helps brands to create and monetize digital assets and improve engagement with users and fans.
- InfiniteWorld announced plans to go public in December through a $700 million merger with special purpose acquisition company (SPAC) Aries I Acquisition Corp. The newly formed entity will trade on Nasdaq under the "JPG" ticker.
- McLaren Automotive is part of the same family as Formula 1 racing team McLaren Racing, which has also been active in the digital assets industry. In June the team announced plans to build an NFT platform on Tezos.
Read more: Alfa Romeo Is Building NFTs Into Latest Hybrid Car to Record Vehicle Data
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