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Porsche's NFT Collection Launch Ends in Disappointment – What Went Wrong?

Despite its ambitious plans to venture into the non-fungible token (NFT) market, German luxury car brand Porsche has managed to sell only about 25% of its first collection of 7,500 tokens. In just over 24 hours, some 1,9...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Porsche's NFT Collection Launch Ends in Disappointment – What Went Wrong?
Despite its ambitious plans to venture into the non-fungible token (NFT) market, German luxury car brand Porsche has managed to sell only about 25% of its first collection of 7,500 tokens. In just over 24 hours, some 1,909 of the NFTs had sold for ETH 0.911 per unit, or about $1,414 as of 2 p.m. UTC today. ...
Read More: Porsche's NFT Collection Launch Ends in Disappointment – What Went Wrong?

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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