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Reading: Why Amitabh Bachchan and Kamal Haasan pushing NFT craze is good news for Metaverse
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HOME > News > LATEST NFT NEWS & METAVERSE > Why Amitabh Bachchan and Kamal Haasan pushing NFT craze is good news for Metaverse
LATEST NFT NEWS & METAVERSENews

Why Amitabh Bachchan and Kamal Haasan pushing NFT craze is good news for Metaverse

NFT Studio 24
Posted NFT Studio 24 November 9, 2021 342 Views 3 Min Read
Updated 2022/02/08 at 5:02 PM
Why Amitabh Bachchan and Kamal Haasan pushing NFT
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After Amitabh Bachchan, Superstar Kamal Haasan, prominently known as ‘Ulaganayagan’ to fans, made his introduction in the Metaverse through his own special NFT assortment on Sunday.

Kamal Haasan is the latest celebrity to launch his own NFT collection.

Haasan, who has to understand like status in Tamil film, is the principal Indian superstar to have his own computerized symbol in a metaverse, the following large thing in tech that is being hailed as the fate of the web.

Although this term is mostly used by tech insiders to describe a virtual reality universe, the entry of popular actors like Bachchan and Haasan could help the digital collectibles known as NFTs which is a part of a wider “metaverse” to gain mainstream status in India.

Metaverse

“A lot of actors who are a little forthcoming and who can probably see where the world is moving towards, they understand that this [Metaverse] will be an additional medium or a platform to stay in touch with their fans,”

Abhayanand Singh, Group CEO and Co-Founder of Vistas Media Capital, a Singapore-based media investment holding company behind non-fungible token (NFT) platform Fantico, told indianexpress.com.

In any case, Fantico will help Haasan introduction to the NFT market. NFTs will incorporate things like computerized symbols, exceptional IPs or recordings, a coin, unreleased tunes, among others. NFT means “non-fungible” token. They are basically computerized collectibles — it very well may be a picture, video or sound record, a tweet, or even a computer game thing. A NFT can be replicated, like how artistic creation can be duplicated however just a single individual can claim the first.

As Singh pointed out, the larger vision is to create Haasan’s presence in the metaverse, which is still in development. Fantico will launch NFTs for Haasan as the entry point in the next two months. However, in the future, Haasan will be a part of a game-based metaverse, where the actor gives fans a chance to enter his personal museum.

Read More:https://indianexpress.com/

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