The advancement in technology has created a metaverse equipped with functions of real-life. It is in these times of digital revolution that India’s leading newspaper, Hindustan Times forays into the market of creating non-fungible tokens based on chapters of Indian history.
HT Timeless Tokens is a form of non-fungible digital tokens issued by the Hindustan Times from its archives of Indian historical moments. For example, a cricket fan can own the rare token of India’s victory in the 1983 World Cup. Hindustan Times has about 100 years of history collected, preserved and stored as such digital art, that can be sold as NFTs.
The NFTs available now include the aforementioned moment of victory against West Indies in the 1983 World Cup, the cover of the first-ever Republic Day edition on 26 January 1950, the token of Prithvi- the first successful Indian missile test, report of the Rann of Kutch incident at Indo-Pak border in April 1965 and more chapters from Indian history.
These timeless tokens are available at the company website nft.hindustantimes.com, where users can explore the collection and preview each item before making a purchase. All the NFTs are exclusive and unique, and they can only be owned by one user. The user will be the sole owner of the digital license of that digital artwork or token.
The tokens can be purchased using cryptocurrency as well as the legal tender of Fiat currency. The sale takes place through online bids visible on the website.
Upon proceeding with the purchase, customers are directed to the NFT marketplace of Beyond Life, a platform that facilitates the creation and trade of non-fungible tokens, backed by GuardianLink. The two memorable NFTs in time – Amitabh Bachchan’s exclusive NFT and ‘Chakra the Invincible’ – the unique NFT of Stan Lee, creator of Marvel – were launched by BeondLife.club recently.
Responding to the initiative of Hindustan Times, Kamesh Elangovan, COO & Co-Founder of GuardianLink, said that new opportunities are awaiting investors in the Web 3.0 space. He also claimed that the partnership between GuardianLink and Hindustan Times has opened a new world of opportunities for the media industry and marketing sectors.
Follow and connect with us on Facebook, LinkedIn&Twitter
