No One Wants The World's Only Minted Green Chevrolet Corvette Z06

After much fanfare and excitement, Chevrolet finallyrevealed the Corvette Z06 in Octoberof last year. With arecord-setting flat-plane crank V8providing 670 horsepower, this is a car that is sure to be in high demand. In fact, the very first example of the carfetched an astonishing $3.6 million at auction．That money went to a good cause, and so did every cent raised for the first Z06 convertible, which sold for a million bucks.

With that in mind, you'd think that a Z06 finished in anexclusive hue called Minted Greenwould attract a lot of interest too. After all, this color is never to be repeated. So why did the car fail to attract even a single bid at auction, even with all proceeds to benefit DonorsChoose, a charity benefiting STEM teachers and students?

The problem lies in the fact that this 1-of-1 Z06 was not offered at a traditional auction. Rather, interested buyers had the option to bid for a non-fungible token (NFT) representing the car, with the winner getting the real-life car "free" as an included extra.

Annoyingly, bids would only be accepted in the form of Ethereum, a cryptocurrency that had a value of $1,160 per coin at the time bids opened, reportsCorvette Blogger．投标开始在206年乙,或相当于$238,960. For reference, a regular Z06 isexpected to carry a base price of around $90,000, so the asking price was pretty high and expected to climb. But as we've noted above, people are more than happy to pay big sums for unique cars.

Thus, we have to conclude that Chevrolet's entry into the NFT space is the cause of this auction ending as a total failure. With crypto markets tanking worldwide and NFTs going down with them, all those who would have cared about the NFT aspect are probably too broke to have registered interest.