NFT collection in India auctioned $1 million and its Highest Ever

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It seems like NFT fever is going crazy in India and Bollywood celebrities are so happy to see this type of response. Recently Amitabh Bachchan, Salman Khan, and Sunny Leone shared their plan to launch their NFT tokens in India and in this Mr. Bachchan is the leader. He started his NFT action this week during the Diwali festival. The kind of response he received is amazing and even he might not have expected this but that's what makes crypto a different segment where unexpected things always happen.

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This NFT event was organized by https://www.beyondlife.club/ and its first-ever NFT event in India. Its unbelievable that India has done pretty well in NFT which is also part of crypto. Amitabh Bachchan is thanks to all his supporters and since this is a success so we can lot more to be happening in the country. Crypto is for everyone and its limited to any particular sector or industry.

Such events are helping to create a positive environment or crypto where the government will also realize the real potential of crypto and with this, we can surely look for positive regulation and that too soon so that it can boost the crypto growth in the country.

The most successful was the Madhushala NFT collection - his father’s poem, recorded in the superstar’s own voice, which crossed a total of $756,000 or Rs 5.5 crore worth of bids for the entire collection.

This is a huge amount and hard to believe but since it happened so it clearly shows that there are people who are bigger investors and if regulation will come into place then we can see much more happening. NFT is really good for celebrities as they connect with their fans and this way their unique art pieces will be stored in the blockchain so there is no need to worry about its custody.

Wazirx is the first Indian exchnage that has already launched an NFT marketplace where many creators are earning nicely and they are using WRX as currency to buy and sell. I visited their marketplace and I saw that they also have NFT for Big B and its very good. Wazirx nft marketplace allows creators to crate NFT, as well as people who like to buy, can also do this here.

NFT Marketplace link- https://nft.wazirx.org/

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Although I don't understand much about NFT because the use case is not as easy as we can see with coins. I also understand that its about finding the real value in art and this is something that not everyone can easily do so may me I am not fit for this. But I a happy to see the amount of action in the NFT segment in the country and this is doing pretty well. Having more people in the crypto space and that too some popular names will help the community to grow a lot.

Thank you so much
Stay Safe

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7 comments
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Thats a whole chunk of money for an NFT.

It's so exciting to hear huge news about Crypto and nfts.

The value of nft's i believe is in the eye of the beholder. just kidding tho but i am a big fan of Nfts.

Nft gaming is the future from where i see it

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You are right and NFT can be another hype in crypto gaming. Thanks

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I am still waiting for NftFi, to earn sustainable revenue from holding NFTs. I think that could make NFTs go to the next level.

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is NftFi really going to happen? if it happens then I hope we can earn like Defi through NFT.. sounds exciting btw.

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This hole sector is going total mainstream and pulls in the masses to crypto. What is the killer app? NFTs or Blockchain Gaming? Or the combination from both?

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