{"id":11039,"date":"2023-08-28T14:43:48","date_gmt":"2023-08-28T14:43:48","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/08\/28\/the-pioneering-luxury-nft-journey-of-mercedes-benz-nxt-icons-nft-culture-nft-news-web3-culture-nfts-crypto-art\/"},"modified":"2023-08-28T14:43:48","modified_gmt":"2023-08-28T14:43:48","slug":"the-pioneering-luxury-nft-journey-of-mercedes-benz-nxt-icons-nft-culture-nft-news-web3-culture-nfts-crypto-art","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/08\/28\/the-pioneering-luxury-nft-journey-of-mercedes-benz-nxt-icons-nft-culture-nft-news-web3-culture-nfts-crypto-art\/","title":{"rendered":"The Pioneering Luxury NFT Journey of Mercedes-Benz NXT Icons | NFT CULTURE | NFT News | Web3 Culture | NFTs &#038; Crypto Art"},"content":{"rendered":"<p><\/p>\n<div>\n<p>With the advancement of technology and the rise of blockchain, leading brands like Mercedes-Benz are carving out a niche for themselves in the Non-Fungible Token (NFT) market. Enter Mercedes-Benz NXT Icons, a revolutionary step in digitizing the brand\u2019s historic design heritage.<\/p>\n<p><strong>The Era of Luxury Awaits<\/strong><\/p>\n<p>On September 5th, Mercedes-Benz NXT Icons will unveil \u201cThe Era of Luxury.\u201d Comprising 2,694 NFT collectibles, enthusiasts can acquire these prized digital tokens via a rebate Dutch auction. This unique method starts at 18:00 CEST and promises to be an event to remember for tech-savvy collectors and Mercedes-Benz aficionados alike.<\/p>\n<p><strong>Taking a Deep Dive into Mercedes-Benz\u2019s Design Lineage<\/strong><\/p>\n<p>Mercedes-Benz has long been a beacon of innovation and design. The NXT Icons collection is no different. It\u2019s a digital reimagining of the brand\u2019s most iconic designs, a collaboration of past, present, and future crafted meticulously by the Mercedes-Benz design team.<\/p>\n<p><strong>A Multi-Era Digital Experience<\/strong><\/p>\n<p>Mercedes-Benz isn\u2019t stopping at one era. The NXT Icons story will be told across seven distinct eras, each made available through a separate rebate Dutch auction. While the Dutch auction for the inaugural era is earmarked for September 5th, subsequent eras will keep the momentum going, ensuring a prolonged engagement for collectors.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">10\/ Due to regulatory and taxation requirements, only collectors from all EU countries, Australia, Brazil, Japan, Singapore, South Korea, Switzerland, the U.K., the U.S., and Taiwan will be able to participate. We are working on adding more countries for future activities.<\/p>\n<p>\u2014 Mercedes-Benz NXT (@MercedesBenzNXT) <a href=\"https:\/\/twitter.com\/MercedesBenzNXT\/status\/1695088812152570131?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 25, 2023<\/a><\/p>\n<\/blockquote>\n<p><strong>Understanding the Rebate Dutch Auction<\/strong><\/p>\n<p>Unlike traditional auctions where bids climb until one victor emerges, a Dutch auction begins high, decreasing gradually until supply is claimed or a resting price is achieved. Over a 90-minute window, prices will linearly drop from an initial 1 eth down to a base of 0.1 eth. Should any tokens remain post-auction, they\u2019ll be available at a static 0.1 eth. Unique to the rebate Dutch auction, participants will all contribute the same amount for their digital collectibles. After the auction\u2019s conclusion, bidders can reclaim the difference between their token payment and the final selling price via the Mercedes-Benz website.<\/p>\n<p><strong>Mystery Before Mastery<\/strong><\/p>\n<p>Post minting, an air of mystery will cloak the NFTs. Specific visuals and metadata will remain under wraps, revealing themselves only 24 hours post-auction. But fret not, an identical visual will symbolize each Mercedes-Benz NXT Icons collectible during this interim.<\/p>\n<p><strong>Access for All<\/strong><\/p>\n<p>The world of Mercedes-Benz NXT Icons is inclusive, welcoming everyone. Those possessing a mint pass gain the privilege to mint one digital collectible during any of the Dutch auctions across the seven eras, without incurring a fee. Gratefully, holders of select \u201cMaschine\u201d and Mercedes-Benz NXT Eternities tokens can claim a mint pass. Using the mint pass incurs a blockchain transaction, leading to its subsequent burn.<\/p>\n<p><strong>An International Affair with a Caveat<\/strong><\/p>\n<p>While the NFT space is borderless, regulatory norms and taxation prerequisites dictate the participation eligibility. Currently, collectors from EU countries, Australia, Brazil, Japan, Singapore, South Korea, Switzerland, the U.K., the U.S., and Taiwan can partake. Mercedes-Benz is dedicated to expanding this list in future endeavors.<\/p>\n<p><strong>Safety First<\/strong><\/p>\n<p>Mercedes-Benz NXT urges collectors to stay vigilant. Impersonators are rife, and the brand emphasizes that mints will always be publicized seven days in advance across a minimum of two official channels. Stealth mints are off the table, and the brand\u2019s focus remains on safety and authenticity.<\/p>\n<p><strong>TLDR:<\/strong> Mercedes-Benz NXT Icons is launching a digital collection of NFTs called \u201cThe Era of Luxury\u201d via a rebate Dutch auction. This collection embodies the brand\u2019s design legacy and will unfold across seven eras. The auction has unique features, and safety measures are in place to protect collectors.<\/p>\n<p>\u00a0<\/p>\n<p><!--themify_builder_content--><\/p>\n<p><!--\/themify_builder_content--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/www.nftculture.com\/luxury-brands\/the-pioneering-luxury-nft-journey-of-mercedes-benz-nxt-icons\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the advancement of technology and the rise of blockchain, leading brands like Mercedes-Benz are carving out a niche for themselves in the Non-Fungible Token (NFT) market. Enter Mercedes-Benz NXT Icons, a revolutionary step in digitizing the brand\u2019s historic design heritage. The Era of Luxury Awaits On September 5th, Mercedes-Benz NXT Icons will unveil \u201cThe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[15],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.nftculture.com\/wp-content\/uploads\/2023\/08\/00003-1627578793.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/11039"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=11039"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/11039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/11040"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=11039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=11039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=11039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}