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Big B's NFT collections reach USD 5,20,000 on Day 1; highest ever bid in India
Updated On: 03 November, 2021 10:32 AM IST | Mumbai | PTI
Madhushala NFT is the poem collection of the actor`s father recorded in the superstar`s own voice. In addition to this, the auction also has seven autographed posters from his iconic movies and half a dozen collectibles of "punks and NFTs art and Poster collection" which have received bids worth over USD 100,000 on Day 1
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Amitabh Bachchan. Pic/AFP
Megastar Amitabh Bachchan`s NFT collections of `Madhushala`, autographed posters and collectibles, have received bids worth USD 520,000 (about Rs 3.8 crore) on the first day of auction being organised by Beyondlife.Club. In August, BeyondLife.club, a venture between Rhiti Entertainment and GuardianLink.io, had announced that Bachchan will roll out his NFT (non-fungible token) collection on the platform. An NFT is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore, not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Bachchan`s `Madhushala` NFT collection has received the highest-ever bidding in India at USD 420,000 on Day 1 of the auction, according to a statement.
Madhushala NFT is the poem collection of the actor`s father recorded in the superstar`s own voice. In addition to this, the auction also has seven autographed posters from his iconic movies and half a dozen collectibles of "punks and NFTs art and Poster collection" which have received bids worth over USD 100,000 on Day 1. The auction, which opened on November 1 and will close on November 4, is being hosted on BeyondLife.club. It is powered by Guardian Link, one of India`s biggest decentralised branded marketplace for NFTs. Another feature in the auction is the `Loot Box` worth USD 10 each, wherein every buyer of the box gets an assured art piece from the NFT collection. The Loot box offers 5,000 collectibles, for which over 300,000 crypto collectible fans have signed up globally. The NFT collection is based on Guardian Link`s Anti-RIP NFT technology that prevents the NFT from being copied, thereby, protecting the exclusive rights of its owner. "In a world of metaverses and digitisation, NFTs have opened the doors to a new realm of connectivity and an opportunity to engage with my fans in a new way.
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