What is Blockchain?
A blockchain is a decentralized, distributed digital ledger consisting of records called blocks that are used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks
What are NFTs?
An NFT is a one-of-a-kind, non-fungible, cryptographic token representing a unique digital asset for which there is no copy or substitute. An NFT cannot be substituted for another NFT because each NFT is distinctive and unique in some way. An NFT is not a medium of exchange and is not convertible virtual currency.
Why should I buy NFTs off the USR?
We believe a time will come in the future when people will no longer be able to invest in fuel driven cars. These cars will become fossils and the supply of rare fuel driven cars will become rare. With environmental control laws coming into play these cars will eventually be banned.
What is USR and Physical Token?
Ultra Super Rare is the first NFT marketplace that takes Ultra Rare Cars and allows anyone to collect NFTs of your favourite vehicles Each USR has a unique edition number and size, verifying its ultra rarity. You will receive fractional ownership of both Artwork and Vehicle. Your digital certification of ownership will be a piece of limited edition NFT art secured on the blockchain. Put your prize collection on display. After all, you own it.
How does the USR economy work?
The USR economy will work according to the law of supply and demand. As soon as you own a piece of a USR car you will be able to sell or collect your NFT on Opensea.
Are these USR virtual NFT properties actually mine?
Yes, when you make a purchase, you truly own a part of the real car. USR is the World’s first NFT Physical and Virtual automotive platform. It is secured by Blockchain technology meaning that you’re the only one that has access to it. When you purchase USR virtual NFT properties, we will transfer it to your ETH Blockchain account, at Opensea or another NFT trading platform of your choice. This is a real ETH account, just like you could create anywhere else. The private keys to that account are generated from your email/password combination, and are not stored on our servers. The account is yours forever and the assets inside it are yours forever.
Where are the cars stored?
We keep these supercars in our secured facility located in Toronto. Our fully insured and enclosed facility is always kept clean and climate-controlled as well as staffed with expert automotive specialists. Our storage also includes a VIP space for celebrities and other affluent automotive enthusiasts selling their cars. The Facility Will Also Have 24 7 Surveillance.
How Much Does It Cost Per NFT?
This is will vary depending on the price of the super car, hyper car or classic car you would like to own an NFT in. The NFT's represent fractional ownership and the cost will depend on how much you would like to own and the total value of the vehicle. Minium bid is 1 ETH.
How Much Ownership Can I Even Get?
There is no limit to how much ownership you can get in a vehicle, this will depend on many factors, such as supply and demand - and availability.
What Currencies Can I Use To Buy?
You can currently use any form of currency to buy whether it's USD, CAD, other international fiat currencies and even cryptocurrencies such as BTC, Doge, ETH.
Are These NFT's Environmentally Friendly?
There are the worlds first completely carbon neutral NFT's as the cars will not be driven and the NFTs will be stored on a carbon neutral blockchain that has zero negative impact on the environment.
What Happens If The Car I Own An NFT On Deteriorates, Breaks, Or Rusts?
It will be maintained meticulously.
Can I Trade My NFTs For A Different Car?
You will have to sell your NFT to purchase a different Car.
Is There An App To Track My Rare Car Collection & NFT Ownership?
Yes “My Garage” is a section in the USR marketplace that will allow you to track your collection at ownership. Both desktop and Mobile.
What if I want to sell my NFT?
If you plan to sell your NFT you can put it up on the marketplace to sell.