VinFast pioneers in the application of NFT in the auto industry, with the ambition to create Vingroup’s own virtual world.
VinFast, a global car brand owned by Vingroup, the largest private corporation in Vietnam, has officially announced the application of NFT named VinFirst to the reservation of EV electric cars. This is the first time that NFT has been used in this way for the auto industry, and it makes more sense when the pioneer group comes from Vietnam.
VinFast has partnered with AAG Ventures, a pioneer in the metaverse space, to develop a decentralized application on the Harmony blockchain. Thanks to the super fast and super economical Harmony blockchain, the interaction is seamless. And for those who don’t know, the application of NFT to the reservation of EV cars is aimed at ensuring customer privacy. Personally identifiable information is kept private while customers ordering EVs still have a full experience.
According to Jack Vinijtrongjit, co-founder of AAG Ventures, the cooperation with Vingroup and Harmony will create a bridge between the real world and the digital world. “Owning NFT VinFirst, you can not only be the first to experience VinFast’s EVs, but also become a citizen of Vingroup’s virtual world, where each person can enjoy the future benefits that the company offers. Offering. For me, it is an example of how blockchain and NFT will become more real and can change the lives of most people.”
With Vingroup in general and VinFast in particular having begun to make the first moves to apply NFT to their activities, it is possible to see the dynamism of this group as well as the influence of NFT in particular and the system. Virtual currencies in general are growing stronger. However, at present, this type of reservation is only being applied by Vingroup overseas and it is not clear in the future whether this group will do it in the Vietnamese market, when NFT and virtual currency are not yet available. State approval.
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