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Sep 10, 5:00 am
jingdaily.com

Mercedes-Benz NFT Drop Crashes Servers

Mercedes-Benz's latest NFT project from the company's Web3 ecosystem NXT, "The Era of Luxury," experienced overwhelming demand on Tuesday, causing the company's website to crash. The collection pays homage to seven eras of car design with 2,694 NFTs available for each era. Due to technical issues likely related to under-anticipated demand, Mercedes announced it would reschedule the sale. While some collectors complained, the snafu was also evidence of the continued demand for digital collectibles from high-end luxury brands.

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