NFTs are digital media representations that are securely stored as blockchain-based records and that can be purchased with cryptocurrencies. The original work is worth more than the postcard you purchased from the museum, much like the priceless nature of Matisse or Van Gogh, and the same logic applies to NFTs and their copyrights.
Influencers and celebrities aren’t far behind in the NFT race. The NFT collections of well-known celebrities like Snoop Dogg, Paris Hilton, Eminem, Bella Hadid, etc. have been released for their fans. The way we think about ownership and digital marketing has changed as a result of NFTs. Unsurprisingly, the NFT industry has been growing faster than ever, and the non-fungible tokens craze hasn’t spared Indian celebrities.
Top 5 Bollywood celebrities who owned NFTs in 2022
The renowned Bollywood actor Amitabh Bachchan joined the NFT movement in November 2021. In addition to autographed Sholay posters and other items related to the movie, he also launched Madhushala, his father’s celebrated poetry recital. Through an NFT marketplace, the collection was auctioned off for Rs. 7.18 crores.
The Wanted actor debuted his NFT line, which was inspired by his film Dabangg. A total of 200 NFTs, 42 of which were movie scenes, were part of the NFT series he started. Salman Khan announced his NFT series on Twitter on December 25, 2021, and the collection launched on December 30, 2021. Fans could use ETH or MATIC tokens to purchase NFTs.
The Thalaiva of the south Indian film industry, Rajinikanth, is also involved with NFTs. He launched his collection in July 2021 in collaboration with the Singapore-based non-fungible token marketplace Diginoor.io. However, his 2007 film Sivaji: The Boss was featured in his non-fungible token collection. On Diginoor.io, customers could use a debit card or a cryptocurrency of their choice to buy their favorite movie moments.
Sunny Leone debuts her own non-fungible token collection, Misfitz, making her the first Indian actress to do so. Unusual patterns, boisterous characters, and an eclectic atmosphere characterized the collection. However, in November 2021, the collection, which contained about 9600 non-fungible tokens, quickly ran out of stock.
Manish Malhotra, a famous fashion designer in India, is the first in his profession to enter this market. He unveiled five exclusive sketches and runway GIFs of his clothing in October 2021. However, Lisa Ray, Deepika Padukone, Kareena Kapoor Khan, and Alia Bhatt wore.
However, when the auction went live on the WazirX, it was completely sold out. The Illuminous Showstopper, a famously worn outfit by Kareena Kapoor Khan, generated the highest payment of 3,000 WRX, or roughly USD $4,000. (almost Rs 2.8 lakh).
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