NFTs (Non-fungible tokens) are digital artworks transformed into digital assets traded on the blockchain. Globally, the sales of NFTs are $ 2.5 billion in H1FY22.
In August, GuardianLink.io (NFT exchange platform) and Rhiti sports (talent management company) jointly launched an NFT platform named BeyondLife.club which will list athletes, celebrities, and brands across Southeast Asia.
Amitabh Bachchan is the first Indian celebrity to roll out his NFT collection on BeyondLife.club.
Crypto-savvy people rule the NFT space. BeyondLife.club has launched a Drop Wallet that supports a variety of digital transactions from debit cards to cryptos, making the technology accessible to non-crypto and crypto users.
BeyondLife.club is an NFT platform where influential people can upload their artwork and creative assets, mint it, publish it, price it, and even put it for auctions.
Anti Rip AI Spyder technology protects the digital assets, which empowers the users to monitor their NFTs across the web for duplicates, copycats, and rip-offs.
The NFT space in India has tremendous growth potential. The revenue for BeyondLife.com is a percentage share of total sales proceeds.
Amitabh Bachchan’s NFT collection includes golden poetries of versatile Harivansh Rai Bachchan. It has the backstories, inner voices, findings of human relationships, love, and universe narrated by Amitabh Bachchan. The collection has the milestones of Mr. Bachchan’s career and posters personally signed by him.
The platform enables users to make payments through crypto and conventional payment modes such as debit and credit cards. It will eliminate the complexity of participation in the NFT space.
The world has seen a massive rise in the unconventional modes of digital assets and currencies, which has helped people to build a fortune out of nothing. NFT is the latest member in the digital asset space and has gained a lot of impetus over the past few years.
There is a 43% rise in the NFT trades from April 2021 to June 2021.
NFTs authenticate digital works as well as an investment. They are not just limited to the artwork but also to authenticate and auction other types of digital art pieces. Jack Dorsey, the co-founder of Twitter, sold his first tweet as NFT in a charity auction.
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