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MG Motor NFTs: 4 Things You Must Read before you buy them

4 Things You Must Read before you buy them

Abstract : Abstract : About MG Motors India | What’s NFT ? | How Does it work ? | What forex I can use to purchase MG Motor NFT ? |  How will I get proof of possession of NFT ( asset ) | The place can we purchase it from ? MG Motors India NFT Roadmap

MG Motor NFTs
Picture credit score – MG Motor web site

About MG Motors India

Based within the UK in 1924, Morris Garages autos had been world-famous for his or her sports activities automobiles, roadsters, and cabriolet collection. MG autos had been a lot wanted by many celebrities, together with the British Prime Ministers and even the British Royal Household, for his or her styling, magnificence, and spirited efficiency. The MG Automotive Membership, arrange in 1930 at Abingdon within the UK, has hundreds of loyal followers, making it one of many world’s largest golf equipment for a automobile model. MG has advanced into a contemporary, futuristic, and modern model during the last 96 years. Its state-of-the-art manufacturing facility in Halol, Gujarat, has an annual manufacturing capability of 80,000 autos and employs practically 2,500 workforces. Pushed by its imaginative and prescient of CASE (Linked, Autonomous, Shared, and Electrical) mobility, the cutting-edge automaker has augmented across-the-board ‘experiences’ inside the vehicle section at present. It has launched a number of ‘firsts’ in India, together with India’s first Web SUV – MG Hector, India’s first Pure Electrical Web SUV – MG ZS EV, India’s first premium suv with Autonomous degree 1 – MG Gloster and MG Astor India’s first automobile with Private AI Assistant and Autonomous (Degree 2).

India’s first auto model to launch its NFT assortment MG MOTOR NFT

Table of Contents [hide]

MG Motot India Offical Web site https://www.mgmotor.co.in/
MG Motot India Offical Web site for NFThttps://www.mgmotor.co.in/nft
MG Motor NFT Marketwww.mgmotor.co.in/nftmarketplace 
NFTs CollectionsCollectibles , Collabrative Artwork , Neighborhood & Range , Casrs as a platform
Refund Coveragehttps://ngagen.com/refund-policy

FAQ’S ABOUT MG MOTOR NFTs

What is NFT?

NFT or non-fungible tokens, is a digital asset that represents real world objects like art, music, collectibles, GIFs, video etc.u003cbru003eu003cbru003eIn simple words, NFTs are like physical collector’s items, only digital. So instead of getting an actual oil painting to hang on the wall, the buyer gets a digital file instead.u003cbru003eNFTs come with exclusive ownership rights. NFTs’ unique data makes it easy to verify their ownership and transfer tokens between owners.

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How Does it work ?

As an Auto Tech brand, our focus has always been innovation and experimenting with newer technologies. With the MG Astor – our latest launch in the Indian market, we have become the first car brand to introduce the concept of a digital passport which is stored on Blockchain.u003cbru003eThe launch of NFT aims to take our innovation pillar a step ahead by offering digital assets representing our legacy, diversity and strong bond with AI and technology.u003cbru003eAlso, the launch of NFT gives us an opportunity to give back to our community. The proceeds earned through the first collection of our NFT’s will circle back into our CSR activities.u003cbru003eWhat currency I can use to buy MG Motor NFT ?u003cbru003eOur NFTs will be available for purchase in INR. No complications. This will just be like any other e-commerce transaction. Add to cart and pay. Simple!

How will I get proof of ownership of NFT ( asset )

You can see all the assets already minted and available to view on Blockchain through:u003cbru003e“View proof of authenticity”- By using this option on the webpage, you can view the asset on IPFS or on Blockchain. This will have the unique ID associated with the token on blockchainu003cbru003eOnce a buyer purchases the asset, the transaction detail will be created on blockchain and another unique ID will be created which also will be viewed on “View proof of authenticity”u003cbru003eWe will also send the purchaser an invoice with details of the purchase including their unique IDu003cbru003eThis information will also be available in the login page of the customer/buyer under MY COLLECTION u003e NFTu003e View Proof of authenticity

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Where can we buy it from ?

Our first NFT collection will be available on our webpage – www.mgmotor.co.in/nftmarketplaceu003cbru003eMG Motor NFTs collection website link – https://ngagen.com/mgmotorinu003cbru003eProceeds from this NFT collection will be donated towards girl child education under MG Sewa

MG Motor NFTs  Roadmap

DATE                  DROPS

Dec 17, 2021     GENESIS

                             Consisting of 491 tokens

Dec 22, 2021      DRIVE

                             Consisting of 420 tokens

Dec 25, 2021      DESTINATION I

                             Consisting of 200 tokens

Dec 28, 2021      SALE GOES LIVE

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