The NFT market has exploded with the rise of blockchain technology, and many have jumped into a rapidly evolving industry to take advantage of its popularity. Even Bollywood is warming up to that idea. After Amitabh Bachchan and Sunny Leone, Bollywood superstar Salman Khan has announced that he will launch his own non-fungible token (NFT). In a Twitter post on Wednesday, Salman Khan said he was about to announce a static NFT and asked his followers to “look forward” for further updates.
NFTs are cryptographically secure tokens that exist on the blockchain and are the same technology that the cryptocurrency industry is based on. An essentially blockchain-certified copy of digital art, the NFT represents ownership of something unique.
These collectable items are sold at high price tags during online auctions. Tokens are pretty popular in the art world, but they go far beyond that. Collectable trading cards and the gaming industry are two major beneficiaries of these tokens.
Salman announced the launch of the NFT and shared some of his images with the message “NFT is coming soon”.
“Aarahahoon main, NFTsleke. Salman Khan’s static NFT is coming to Bollycoin. Please wait, bylog!” He wrote.
— Salman Khan (@BeingSalmanKhan) October 13, 2021
Bollywood describes itself as a “decentralized community-owned market for Bollywood NFT assets.” We plan to auction digital collections from the film industry on the platform, allowing Bollywood enthusiasts around the world to own their favorite movies and celebrity NFTs.
Recently, Amitabh Bachchan published his life-themed NFT artwork. The NFT also included a recital of Madushala, a collection of poems by his father, Harivan Schraibachan. Megastar has decided to launch his NFT collection on the BeyondLife.club platform. Similarly, Sunny Leone has already launched her NFT collection.