Elon Musk's autographed Tesla and matching NFT put up for auction

Autographia and HODL Token are auctioning off an Elon Musk autographed Tesla model and corresponding non-transferable token (NFT

). Sponsored

Autographia, an authentic memorabilia company, has announced the auction of

an authentic Tesla model signed by Musk along with a corresponding NFT. The physical item has the Tesla creator’s signature and authentication from Beckett, while the NFT version is an exact digital replica.

Tesla’s NFT debut

The

NFT auction of the Tesla model brings Autographia into the NFT metaverse. Jim Martin, Vice President of Fan Experience at Autographia praised the new venture.

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It is with great excitement that we launch this new venture – an opportunity not seen before in the memorabilia landscape with someone as influential as Elon Musk.

To manage the auction, the memorabilia company partnered with DeFi hub HODL

Token. Musk’s signature Tesla NFT model will be the inaugural item on his new HODL diamond marketplace.

Martin commented on

the collaboration:

HODL is made up of smart, modern cryptocurrency buyers, and we can’t wait to introduce our memorabilia to a new set of eyes who value NFT and can demonstrate the value that memorabilia brings as an investment in the short and long term.

As the NFT market continues its disruptive boom

, more and more outsiders are jumping into the cryptocurrency space. The auction for NFT begins on August 29 at 8pm EST and will run for 10 days with a starting bid of 7.5 ETH.

The Musk Effect

The Tesla founder has had a profound impact on the cryptocurrency market in 2021. Even former Secretary of Labor, Robert Reich, said that the billionaire’s tweets had a big impact on the market.

Throughout the year, Elon Musk has become increasingly and publicly bullish on the cryptocurrency industry. In July, Musk changed his Twitter avatar to the Dogecoin logo,

and the token price jumped 20%.

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