CurrencyWorks’ Motoclub Reaches Over $95,000 in NFT Sales at Barrett-Jackson Auctions

Rhea-AI Summary

CurrencyWorks, trading as CWRK, has announced that Motoclub's latest NFTs generated $14,400 in sales at the Barrett-Jackson Auction. The four unique NFTs, representing classic vehicles, were sold for prices ranging from $2,500 to $5,700. With this sale, Motoclub's total NFT revenue at Barrett-Jackson has reached $95,400. Each NFT is a 1-of-1 creation, ensuring exclusivity and appeal among collectors. CurrencyWorks continues to position itself as a leader in the NFT space, particularly in automotive collectibles.

Positive

• Total sales of Motoclub NFTs at Barrett-Jackson now stand at $95,400.
• Successful auction of four unique 1-of-1 NFTs indicates strong market demand.
• Each NFT's unique attributes enhance its collectible value.

Negative

• None.

Scottdale, AZ, Jan. 31, 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 Motoclub’s four latest 1-of-1 NFTs sold for a total of $14,400 at the Barrett-Jackson Auction in Scottsdale, Arizona.

The Barrett-Jackson Houston Elite Collection featured four incredible vehicles that represented the highlights of Barrett-Jackson’s inaugural Houston Auction, held in September 2021.

The individual sales immortalized as these rare 1-of-1 NFTs were:

• 1979 Porsche 928 "Risky Business" Movie Car – Lot #4001 – Sold for $5,700
• 1962 Chevrolet Corvette Custom Topless Roadster – Lot #4002 – Sold for $2,500
• 2019 Ford GT Lightweight – Lot #4003 – Sold for $3,200
• 1960 Maserati Tipo 61 "Birdcage" Re-creation – Lot #4004 – Sold for $3,000

Each NFT was minted as 1-of-1 and contains 1 x specially commissioned illustration, 3 x high res digital images, and 1 x video of the sale of the vehicle at the Barrett-Jackson 2021 Houston Auction. These examples will not be minted again by Motoclub to guarantee their uniqueness and scarcity among NFT collectors and buyers.

The continued success of Motoclub’s sought-after 1-of-1 NFTs at live auctions has now brought these total sales at Barrett-Jackson to $95,400. Motoclub has also performed several successful drops of pack sales that have ranged in price from $10.00 to $50.00.

“We have had solid success with our SparkNFTs,” said Cameron Chell, Executive Chairman of CurrencyWorks. “These live NFTs have continued to demonstrate that Motoclub knows how to create the content and exclusivity NFT collectors are looking for.”

Motoclub’s Scottsdale auctions, the Barrett-Jackson Houston 2021 Collector Series launches on February 8, 2022, with the series’ “Premier Pack”. Go to www.motoclub.io to learn more.

About CurrencyWorks

CurrencyWorks Inc. (CSE: CWRK and OTCQB: CWRK) is an award-winning, publicly-traded company that builds and operates FinTech Platforms for Digital Currencies, Digital Assets, and Security Tokens.

For more information on CurrencyWorks, please visit us at www.currencyworks.io. For additional investor info visit www.currencyworks.io or www.sedar.comand 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 livestream on Barrett-Jackson.com. 

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

FAQ

What is the total revenue from CurrencyWorks NFTs sold at Barrett-Jackson?

CurrencyWorks has reported total sales of $95,400 from NFTs sold at Barrett-Jackson.

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

The NFTs sold for prices ranging from $2,500 to $5,700.

What is the significance of the 1-of-1 NFTs sold by CurrencyWorks?

Each NFT is a unique, 1-of-1 creation, ensuring scarcity and appeal among collectors.

When does Motoclub's next auction series start?

Motoclub's Scottsdale auctions launch on February 8, 2022.