NFT on sports drama 83 sold out for 10 lakh in 1-hour- Movie producers, actors, and singers in India have rushed to various NFT marketplaces to cash in on the NFTs. They launch collectibles of famous scenes from movies, posters, songs, and dialogues. Polygon blockchain minted the NFTs for 83. These NFTs include autographed physical cricket stuff, videos, avatars in digital form, and unseen moments as posters and images of the players.
The NFTs launched by 83 have shown good interest by the people in the 1st and 2nd tier cities. As per the Social Swag, the chief executive of NFT labs, Atharva Sabins said,
“While we were expecting purchases mainly from metro cities such as Jabalpur, Kanpur, Nagpur, Thiruvananthapuram, and Solapur, took the lead in accepting the buzzing culture of NFTs”
Few of the actors stepped ahead to join hands with the Metaverse for themselves. The Metaverse platform will help them to connect directly with their fans digitally. For example, an Actor turned politician has joined the Metaverse with his digital avatar for a game. This is created by the NFT platform Fantico for the legend.
What is NFT? NFT on sports drama 83.
NFTs are called digital assets which can be mined, purchased, or sold. Blockchain technique can do this. It also has unique identification codes. The NFTs are called the unique tokens in the blockchain world. These are not fungible, unlike Crypto. This helps not to replace one token with another one in the blockchain.
The NFT market in 2021 is valued at $25 billion in sales. Which was $94.9 million in 2020.
Salman Khan backed platform Bollycoin partnered with an NFT marketplace called NFTically last month. He with the help of the experts dropped collectibles related to his 2010 movie Dabangg for fans.
Other than the Entertainment industry of India, the craze of the NFT frenzy has no boundaries in the Indian sports world. Several famous cricketers like Yuvraj Singh, Rohit Sharma, and Sunil Gavaskar have dived into the digital revolution. They have designed the NFTs of cherished moments from the cricket world.