Chevrolet will auction a single digital collectible representing the upcoming 2023 Corvette Z06 in partnership with non-fungible token (NFT) marketplace SuperRare.
A physical version of the car will also be given to the auction winner.
The project, titled "Own the Color," is the first "appearance" of the General Motors subsidiary in the Web3 space.
Digital artist xsullo created the NFT artwork, which depicts the car in minted green. The Corvette Z06 will not be available in minted green this year to make the auction and its products more exclusive.
DonorsChoose, a charity that helps teachers in need, will receive 100% of the proceeds from the NFT auction. The donation will also be made in cryptocurrency, as the auction will only accept Ethereum's cryptocurrency as payment.
Calling the Corvette a halo at Chevrolet, Steve Majoros, VP, of Chevrolet Marketing, said they see ‘Own the Color’ as an important stepping stone for Chevrolet into future digital initiatives for our customers.”


AI is driving down the price of knowledge – universities have to rethink what they offer
Xiaomi's AI Model "Hunter Alpha" Mistaken for DeepSeek's Next Release
Cyberattack on Stryker Triggers U.S. Government Warning Over Microsoft Intune Security
Debate over H-1B visas shines spotlight on US tech worker shortages
Hua Hong Group's 7nm Breakthrough Signals China's Growing Chip Independence
Gold Prices Drop Amid Inflation Fears and U.S.-Iran Escalation
Yes, government influences wages – but not just in the way you might think
The pandemic is still disrupting young people’s careers
Xiaomi Shares Drop After SU7 Launch as Margin Concerns Weigh on Investors
FCC Approves $3.54B Nexstar-Tegna Merger, Waiving Broadcast Ownership Cap
US-Iran War: Trump Eyes Military Exit as Markets React to Potential De-escalation
Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed?
Every generation thinks they had it the toughest, but for Gen Z, they’re probably right
Amazon's AWS Could Hit $600 Billion in Revenue as AI Reshapes Cloud Growth
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth
Goldman Sachs Raises Oil Price Forecasts Amid Strait of Hormuz Disruptions 



