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Porsche NFT trading volume hits $4.5M

Porsche’s NFT collection reached 2,839 Ether ($4.5 million) in total sales volume, according to data. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales. 

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2 years ago

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Porsche’s NFT collection reached 2,839 Ether ($4.5 million) in total sales volume, according to data. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales. 

Originally meant to have a total supply of 7,500 NFTs, Porsche abruptly halted the minting process after some users complained of high minting prices and lack of utility for NFT holders. The supply has since been reduced to 2,363. The NFTs originally had a minting price of 0.911 ETH but many users complained that they wanted the price reduced to 0.0911 ETH instead.

After community feedback, Porsche announced that it would expand holder benefits to behind-the-scenes access to the world of Porsche, co-creation of Porsche’s future of Web3, an exclusive physical capsule collection beginning Q2 2023, the opportunity to attend money-can’t-buy Porsche experiences, and a private airdrop in March 2023.

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