Alfa Romero NFT Certificate

Here's a cool one for you. An interesting and appropriate use case for an NFT.

>Alfa Romeo, an Italian luxury vehicle maker has revealed the first car with its own NFT. The car termed “Tonale” is an electric hybrid car and will be the first car to be equipped with blockchain-based technology in a digital certificate form. It will be uniquely linked and will certify the car at purchase.

>The car has said in a statement that the certificate will evolve to represent its use during the lifecycle of the car. The NFT can register vehicle data to generate a confidential and non-corruptible record of the vehicle’s life. The company has also claimed that it will give a further source of credibility to owners and dealers to rely on and will also protect residual value.

>The parent company of Alfa Romeo, Stellantis has claimed that Alfa Romeo Tonale is the most technologically advanced Alfa Romeo has ever offered. It will also have a plug-in hybrid electric vehicle technology and will be available in the USA in 2023.

>The NFT market has seen an increase in interest and investment over the past year. It is expected to be worth $35 billion in 2022 and more than $80 billion by 2025. NFTs are unique digital tokens that represent an asset, like audio, video or even network or virtual real-estate.

I've said it before and I'll say it again. NFTs as JPEGS and digital shoes are just the beginning. You have no idea what this technology can and will actually be used for. This is already poised to disrupt markets like Carfax, ie, cutting out the middle man, the core of decentralization and blockchain. Why pay Carfax for the vehicle report when I can just view the NFT containing the cars history for free on the public blockchain?

Still early days and lots to consider and work out, but finally looks like NFTs are going to start being used to their full potential.

Attached: Screenshot 2022-02-16 085404.jpg (873x387, 75.74K)

literally zero point.
Just makes the whole thing more bling bling than it should and a waste of time.
Embarassing

They're probably targetting niggers and women

High probability you would not have this mindset if this were the first example of an NFT. All the bored apes and scams and normie memes has tainted your perception.

Either way, the chance of NFTs becoming obsolete as opposed to moving more towards actual use cases like this is highly unlikely.

Finally, a good usecase

Which blockchain will this be on?

They haven't said unfortunately. I would imagine something other than ETH as I'm sure they accounted for gas cost of updating the NFT with information like services or upgrades/replacements. It wouldn't make much sense financially to do this on something like ETH in its current state, for both the consumer and Alfa Romeo.

What the fuck alfa you used to have so much soul?

this is just the beginning. It wont be long until actual ownership and title of the vehicle comes in the form of an NFT.

I'm thinking Solana or maybe even Avalanche

I was thinking Avalanche too. Solana gives me scammy vibes, though its possible its just all the VC dumps gives it a bad name.