After megastar Amitabh Bachchan, Salman Khan has decided to join the NFT bandwagon. On Wednesday, the actor announced that he issues NFTs (non-fungible tokens) in collaboration with BollyCoin. In December 2021, the NFTs will get released.
"AaRahahoon main, NFTs leke," says the narrator. Static NFTs from Salman Khan is coming soon to @bollycoin. Keep an eye out, Bhai log! Salman tweeted, http://bollycoin.com #BollyCoin #NFTs #ComingSoon.
Through their platform, digital collectibles from the Bollywood industry will get auctioned, giving a novel method for Bollywood fans in the world to possess NFTs of their favorite Bollywood films and superstars. They want to be the world's largest Bollywood NFT marketplace, collaborating with the industry's best producers and stars to create iconic and one-of-a-kind NFTs. Amitabh Bachchan already said that he has his own NFT line.
Atul Agnihotri, Khan's brother-in-law, is part of the marketplace's founding staff. To begin, Arbaaz Khan Productions, Sohail Khan Productions, and Salman Khan Films have joined the marketplace. It also intends to collaborate with other celebrities and production companies. The marketplace will sell digital treasures from Bollywood that will get auctioned on the Ethereum blockchain, according to the white paper of its native token, Bollycoin.
According to data from industry tracker Traxcn, NFT startups have made over $3 billion globally this year. This year, investors in India have put approximately $41 million into NFT firms.