CurrencyWorks’ Motoclub Reaches Over $110,000 in NFT Sales at Barrett-Jackson Palm Beach

Rhea-AI Summary

CurrencyWorks Inc. (CSE: CWRK, OTCQB: CWRK) announced a successful auction at Barrett-Jackson’s Palm Beach event, where their Motoclub platform sold 1-of-1 NFTs for nearly $20,000 from April 7-9, 2022. The sold NFTs are part of the Barrett-Jackson 50th Anniversary Collection, featuring six unique automotive NFTs, including a 1967 Shelby Cobra sold for $4,500. The collection celebrates Barrett-Jackson’s 50-year legacy, with upcoming drops scheduled for their Las Vegas and Houston auctions.

Positive

• Generated approximately $20,000 in NFT sales from Barrett-Jackson auction.
• Successful collaboration with Barrett-Jackson enhances brand visibility and market presence.
• Plans for additional NFT drops at future auctions indicate continued revenue potential.

Negative

• None.

Los Angeles, CA., April 11, 2022 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), an award-winning, full-service blockchain platform provider, is pleased to announce that its Motoclub platform sold almost $20,000.00 USD of 1-of-1 NFTs at Barrett-Jackson’s Palm Beach live auction. The event took place from April 7-9, 2022.

Sold in two lots over two days, just these six NFTs are part of the Barrett-Jackson 50^th Anniversary Collection, a three-series NFT drop made up of 18 highly collectible 1-of-1 NFTs.

Offered with no reserve, this first series of NFTs in the Barrett-Jackson 50^th Anniversary Collection featured:

• 1967 Shelby Cobra 427 CSX 3356 – Lot #4001 sold for $4,500.00
• 2019 McLaren Senna - Lot #4002 sold for $4,200.00
• 2019 Ford GT Heritage Edition – Lot #4003 sold for $4,000.00
  
• 2015 Porsche 918 Spyder – Lot #4004 sold for $1,000.00
• 1955 Mercedes-Benz 300SL Gullwing – Lot #4005 sold for $3,000.00
• 2023 Chevrolet Corvette Z06 VIN 001 – Lot #4006 sold for $3,000.00

The Barrett-Jackson 50^th Anniversary Collection has been created in collaboration with Barrett-Jackson to celebrate the company’s 50^th Anniversary, which launched at Palm Beach. The second and third drops will take place at Barrett-Jackson’s Las Vegas and Houston auctions, respectively.

Each series will feature the most premium collector car sales held by Barrett-Jackson in 2022, with each selected sale being minted into a highly collectible 1-of-1 NFT.

“Our knowledge and expertise in creating NFTs that consumers want to buy and collect have been highlighted with this drop at Barrett-Jackson’s Palm Beach Auction,” said Cameron Chell, Chairman of CurrencyWorks. “Our team wanted to create something truly special to commemorate Barrett-Jackson’s fiftieth year, and these figures show that we’ve hit that mark.”

Barrett-Jackson’s Las Vegas Auction will be held over the weekend of June 30 – July 2, 2022. Dates and further details of the Barrett-Jackson 50^th Anniversary Collection – Series II will be released in due course.

For more information on Motoclub, please visit www.motoclub.io.

About CurrencyWorks

CurrencyWorks Inc. (CSE: CWRK and OTCQB: CWRK) is an award-winning, publicly-traded company that builds and operates a full-service blockchain platform.

For more information on CurrencyWorks, please visit us at www.currencyworks.io. For additional investor info, visit www.currencyworks.io or www.sedar.com and www.sec.gov, searching CWRK.

Media Contact:
Arian Hopkins
arian@currencyworks.io

Company Contact:
Bruce Elliott, President
Phone: 424-570-9446
Bruce.Elliott@currencyworks.io

About Motoclub.io

Motoclub is a digital collectible space for automotive enthusiasts and fans of automotive memorabilia. 

Motoclub partners with some of the biggest names in motorsport, classic and contemporary vehicles, to bring collectors some of the most unique and exclusive digital collectibles available today.

All Motoclub collectible NFTs are minted, sold, and traded through its own specially created platform for buyers to enjoy through their own Motoclub digital wallets.

The Motoclub platform is supported and managed by blockchain pioneers CurrencyWorks Inc.

For more information, go to http://www.motoclub.io.

Media Contact
Richard Hilton
media@motoclub.io

About Barrett-Jackson

Established in 1971 and headquartered in Scottsdale, Arizona, Barrett-Jackson, The World's Greatest Collector Car Auctions, is the leader in collector car auctions and automotive lifestyle events.

Welcoming over 500,000 attendees per year, Barrett-Jackson produces live collector car auctions in Scottsdale, Arizona; Palm Beach, Florida; Las Vegas, Nevada, and Houston, Texas where thousands of the most sought-after, unique, and valuable automobiles cross the block in front of a global audience. With broadcast partner A+E Networks, Barrett-Jackson features live television coverage of their events on FYI and The HISTORY Channel, as well as all the cars, all the time via their produced live stream on Barrett-Jackson.com. 

For more information, go to www.barrett-jackson.com.

FAQ

What did CurrencyWorks achieve at the Barrett-Jackson Palm Beach auction?

CurrencyWorks sold NFTs worth nearly $20,000 through its Motoclub platform at the Barrett-Jackson Palm Beach auction.

What is the significance of the Barrett-Jackson 50th Anniversary Collection?

The Barrett-Jackson 50th Anniversary Collection celebrates 50 years of Barrett-Jackson with a series of collectible 1-of-1 automotive NFTs.

When will the next Barrett-Jackson NFT drops occur?

The next NFT drops from the Barrett-Jackson 50th Anniversary Collection are scheduled for the Las Vegas and Houston auctions in 2022.

How much did each NFT sell for at the Barrett-Jackson auction?

Individual NFTs from the Barrett-Jackson auction sold for amounts ranging from $1,000 to $4,500.

What is CurrencyWorks' stock symbol?

CurrencyWorks' stock symbols are CSE: CWRK and OTCQB: CWRK.