W Motors Enters Metaverse: Luxury Automaker Expands into Web3

MetaversePlanet August 24, 2022Last Updated: August 22, 2024

0 2 minutes read

In addition to Tokengate, W Motors is gearing up to enter the Metaverse and Web3 space. As a manufacturer of high-end luxury cars, the company is set to become one of the pioneers in utilizing the Metaverse to deliver an immersive experience within its vehicles.

W Motors Will Improve Metaverse Use Cases!

W Motors Enters Metaverse: Luxury Automaker Expands into Web3

W Motors Metaverse is designed to serve as a gathering place for members of the digital community. It will offer a unique platform for designing cars, creating models, and engaging in racing games.

The essence of W Motors’ new vehicles will be represented by 10,000 ‘HyperWolves’ NFT profile pictures. Owners of HyperWolves NFTs will enjoy exclusive access to the world of W Motors, including track days, global racing events, community-driven hypercar designs, factory visits, and the opportunity to witness the production of luxury cars.

NFT owners will also have the opportunity to virtually ride in cars designed by the company, including 110 Fenyr SuperSports and 7 Lykan HyperSports.

Additionally, a series of special luxury cars will be designed within this framework, including the HyperSport featured in the movie Fast and Furious 7.

In the future, NFT owners will be able to customize their luxury cars and incorporate them into Web3 Blockchain games. The company aims to empower NFT owners to use their own Metaverse and gaming experiences, fostering greater brand loyalty.

Ralph Debbas, CEO of W Motors, commented on this development, stating, “We are entering the ‘Metaverse’ domain, marking an exciting moment for our brand.

We are claiming our position in the Metaverse as the first step in our digital Web3 journey, aiming to provide our customers with an array of captivating digital content and experiences that will enhance their engagement with the W Motors universe. We are committed to creating cutting-edge, bespoke digital experiences.”

W Motors Metaverse intends to make it easier for users to purchase NFTs by allowing them to use credit and debit cards instead of requiring a crypto wallet.

The company also plans to introduce an NFT timer for purchasing NFTs, although specific details about how the timer will work have not been provided.

It is likely that a whitelist-style method for purchasing NFTs will be implemented. This year has seen a growing trend of automobile manufacturers exploring the NFT and Metaverse sectors, leveraging these technologies for various purposes.