NFT

How to become a potential series car client via our NFT Policy

If we can find enough enthusiasts, we will look into different production options. Our ultimate goal is to bring the price of the car down to around $59.000 making it the most affordable collectors sports EV available. To make this possible and to position the company we need to quanitfiy the demand.

The Price for this NFT is $500. We give these NFTs out in unlimited numbers.

The NFT Investment secures you:

-The Rank in which your car would be delivered when we launch it as a larger series Version. I.e. if you buy NFT No1 you would get ULV No 21. This would be the core value driver for your NFT, as it is likely that the value will rise for ealier car build slots. As the number of ULVs will be very limited compared to the global car market, the value could rise significantly over time. But thats what we have to find out together.

-The NFT will “stick” to the ULV for its entire Livespan, functioning as an Option tool before Production and Turning into a Valuable proof of Ownership once a final serial number is connected individually with the NFT.

- Access to our Information channels, email support, quarterly live events via Youtube, weekly newsletters on the project updates, Factory Visit, Event Invitations.

-The NFT will be non refundable, as this is the nature of NFTs, and be aware that there is a risk that we dont produce the car if we dont hit a certain Volume which is around 200 Vehicles per annum to become a functioning small car manufacturer.

-We only allow the Sale of one NFT per Individual, so don´t try to open several wallets to buy more cars. You will need to identify with a passport after the NFT purchase, in order to stay in the programm.

-Be aware that you will have to make a downpayment of $10.000 around 6 month before production, to secure that you have the financial power to buy the car. Only gambling with the NFT will not work, and NFTs were downpayments are refused to be paid will loose the Option to get the ULV making the NFT basically worthless.

Purchase

FAQs

  • The launch car, will be fully engineered and street legal in the EU. The main difference will be in the production method of the components. To give you an example: If demand for the production Series is very high, it could happen that we switch from Flax Fibre Fenders to Recycled and pressed Aluminium Fenders as the Flax Fibre technology is very time consuming. This applies basically for most of the car components. The Launch Edition will be truely rare and special. Thats certain.

  • You will keep the NFT, but the Rank for production will be deleted and set behind all other NFT Ranks plus a new NFT will be issued by us . You will have 14 days time to make the downpayments, if these dont arive your NFT will be then published on a Blacklist of Forfeit Build Ranks. Basically your NFT Price falls to zero as it has no more value. Offering your NFT to others afterwards at high prices pretending you have made the Downpayments will be fraud, and will be reported.

  • Well this is exactly what the NFT will regulate. If there is strong demand, and somebody wants exactly the car in the setup that you have bought the option, you are free to sell the NFT at any time and at any price. You will gain 70% of this price increase and we get a 30% Share in every NFT sale.

  • The Answer is simply NO. We need to make shure that people dont fool around with the future of our Venture. We dont sell NFTs as a game, but we use it as a smart contract. So by charging 1000$ we want to make shure, that you have a serious interest in buying a ULV ONE.

  • Yes and No, it is an Option so if you do not make use of the Option you will loose the right to purchase th car. BUT, please dont waste your time and money, if you are not seriously considering to buy the car yourself. If you just want to buy the NFT to gamble that someone else wil purchase it, you are on the wrong track, as only downpayed NFTs will really create value. We expect the NFT prices to stay stable until the Downpayment phase has started. So please do NOT buy a NFT if you dont have the money to buy the car.

  • In normal circumstances NO. BUT if you have a real, legally provable reason, like a loss of a job, a serious health issue or similar private set backs, we can shurely refund you if a coincidense in your life has caused trouble for you. If you have real stress in your live we dont want to be the ones pushing you deeper into trouble.

  • In this final step, again the answer in this case in NO. Once the ball is rolling and parts have been ordered, we have to pay our suppliers in time. Its your car, so you will have to pay the components needed to build it. And we dont want to talk to any Bank or Venture Fund to finance your car. This working capital finance burden we want to prevent from our company forever. BUT we will be happy to assist you in finding another clients that can jump into your purchase agreement.

  • We try not to take any risk at all, and thats the best security for you. If we would run into trouble, the components are secured indicidually for you. You are basically the owner of the components at any time. Its a similar principal to building a house. You pay the components while the car is build for you.

NFT Application

We want to know first a little bit about yourself, after we have received your application you will get access to the NFT Plattform were a exlusive NFT will be generated for you.