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Non-fungible, what does that mean?           (Lot #742) and the 2019 Ford GT (Lot #749)
                 Other than being a fun word (we dare you     crossing the auction block, a video of the auctioning
                 to say it three times quickly) non-fungible   and sale of the 1970 Chevrolet Camaro Custom
                 essentially means it is unique or without    Coupe known as “The Grinch” (Lot #770) and an
                 equivalent. An example, a $100 dollar bill has   illustration of the 1963 Chevrolet Corvette Split-
                 fungibility, meaning it can be exchanged for   Window Custom Coupe (Lot #763).
                 two $50 bills, five 20s or 100 singles. An NFT   To illustrate what this is all about, consider the
                 has zero fungibility; it represents a one-of-one   NBA’s Top Shot. The NBA partnered with a company
                 thing like the Declaration of Independence or   called Dapper Labs to create a blockchain-based
                 an original DaVinci sketch. And because NFTs   platform that allows fans to buy, sell and trade
                 are stored using the blockchain, they are 100   digital cards of officially licensed video highlights
                 percent authentic.
                                                              called “Moments.” The video highlights are then
                 Exactly how is this relevant to Barrett-Jackson?    digitized and distributed in limited amounts,
                 A good question. In June at the 2021 Barrett-  creating scarcity and leaving some NFTs to be more
                 Jackson Las Vegas Auction, The World’s       sought-after than others – just like how a first-
                 Greatest Collector Car Auctions set a historic   edition Mike Trout baseball card is more valuable
                 precedent becoming the first collector car   and desired than a more common card.
                 company in history to sell four NFTs during   By buying a pack, you get five cards and essentially
                 a live, in-person auction. The collection of   own the NFTs connected to those cards and can
                 four NFTs commemorated the sale of the       display the collection online. Barrett-Jackson’s launch
                 2021 Ford Mustang Mach 1 VIN 001, the 2021   of these exclusive NFTs will be done in partnership
                 Ram 1500 TRX Launch Edition VIN 001, the     with Motoclub, a digital collectibles marketplace
 <Image Href=”File://Images/244558_front_3-4.Jpg” /> <2021 Ford Mustang Mach 1 VIN 001   2021 Ford Bronco 2-Door VIN 001 and the   for car enthusiasts. We’re in the early days of a
 Href=”File://001110011/244558_rear_3-4.Jpg” /> <Image Href=”11/244558_engine.jpg” /> <Im-  2022 GMC Hummer EV Edition 1 VIN 001.   transformative new era in collectibles. Barrett-Jackson
 age Href=”File://001110011/244558_interior.jpg” /> <2021 Ram 1500 TRX Launch Edition VIN 001   In total, the sale of these four VIN 001 NFTs   has long been a pioneer in the collector car industry
 Href=”File://001110011/244558_side_profile.jpg” /> <Image Href=”File://001110011/244558_mis244558_  brought in $67,000, adding a new dynamic
 misc_81a2f742-2ac4-4978-Abba-144c6aad5043.Jpg” /> <Image Href=”File://2021 Ford Bronco 2-Door   to the world of collecting.  and will continue to explore new avenues to share its
 VIN 001/244558_misc_a7552b88-C06a-4f90-84cf-21726d340dc0.Jp2022 GMC Hummer EV Edition 1 VIN   passion for the collector car hobby.
 0012-3024-47b0-Af41-209511a3bb8d.jpg” /> <Image Href=”File://001110011/244558_misc_f7c5e4e4-  “Barrett-Jackson has blazed the trail in the   I still don’t get it.
 D678-49b6-B945-0943d7e37811.Jpg” /> <Image Href=”File://001110011/244558_misc_527ee4F-  collector car world for decades, and the rollout
 ile://001110011/244558_misc_45c2-8e27a5c102da.jpg”/><Image Href=”File://001110011/244558_  of the first NFTs in our industry is another great   To be fair, it’s a lot to take in. A new world of digital

                 example of our team introducing new and      collectibles is already forming, and Barrett-Jackson
                                                              is leading the charge for collectible cars – in the
                 exciting ways to engage the hobby,” said Craig   blockchain and on the auction block.
                 Jackson, chairman and CEO of Barrett-Jackson.
                                                              For information on the NFTs being offered during the Houston auction,
                 Building on the success of the NFT sales     visit Barrett-Jackson.com
                 in Las Vegas, the next release will focus on
                 commemorating the sale of 15 of the top-
                 selling cars at the 2021 Barrett-Jackson Las
                 Vegas Auction as three-tiered packs – Rare,
                 Epic and Elite. The easiest way to explain this
                 is that Barrett-Jackson has partnered with
                 CurrencyWorks to create digital “baseball
                 card” packs, but instead of NFTs of individual
                 baseball players, we have the NFTs of the sale
                 of auction cars. For instance, each pack will
                 include a random selection of five NFTs: three
                 images, one illustration and one video.
                 For example, a Barrett-Jackson Elite Pack may
                 include images of the 2015 McLaren P1 (Lot
                 #748), 1957 Mercedes-Benz 300SL Roadster



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