The first supercar NFT, a rare Nasr S1 Ego Project by the House of Pilati, is up for auction.
We’re sure you’ve already looked into the growing NFT movement – hell, you might already own a few. Now a rare, one-off Nasr S1 Ego Project is set to be auctioned by the House of Pilati as the first-ever supercar sold as an NFT.
This exclusive battery-powered racing car has been custom-built by House of Pilati – a European and Middle Eastern design company that transforms luxury goods into unique high yield investment items – with the permission of the car’s marque.
The car is part of House of Pilati’s first collection – Spirit of Arabia – which boasts three exquisite bespoke cars, each designed to honour Middle Eastern culture. The Nasr S1 Ego Project will be hand-built by ARES Design Modena, a coachbuilding team in Italy, to House of Pilati’s exacting standards, creating a covetable and highly collectible item akin to a work of art. Nasr, meaning victory in Arabic, represents the car’s unique custom-build, the only car in the Spirit of Arabia collection that will be built from scratch.
The specifications of the one-seater car, which inspired by the racing times of the late 1970s, are highly advanced. The racing car will boast an advanced handbuilt aluminium and carbon fibre hybrid chassis and raw carbon fibre exterior, powered by a V8 – 16 valve petrol engine combined with an electric powertrain engine. The two independent motors are connected with a single clutch and interconnected 8-speed gear system that delivers an incredible acceleration of 0-100 km/ph in 2.6 secs. The car is street drivable, but you’ll need a helmet.
Of course, the car’s interior is also exquisite, boasting soft white ostrich leather, hand-dyed and hand-stitched by artisans using age-old Italian techniques while beautiful 24 karat gold accents throughout the car’s interior add refined elegance.
Other cars in the Spirit of Arabia collection include a Land Rover Defender Cabrio, a 2020 RR Phantom, a 2020 Bentley Mulsanne Targa, and a Gaia with a 1970 defender body and 2020 defender technology and engine.
The first supercar protected by a state-of-the-art NFT, the renderings for the S1 Ego Project will be sold at auction, after which the build will start. Due to the highly advanced specifications of the car, it is expected to take up to a year to complete.
The renderings will be protected via a highly advanced NFT. With built-in artificial intelligence enabling minting of each NFT when purchased, it will negate the need for in-house storage and in-house security. In addition, the NFT will be sent to the purchaser as soon as it is minted, so nobody else will ever have access until it is sold.
In line with House of Pilati’s philanthropic goals, 60 percent from the sale of the car will go to its scholarship programme, which provides financial support to students from low-income families, enabling them to attend some of the world’s leading design academies.
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