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Cricketer, filmmaker join Indian celebs launching NFTs amid global craze

Indian celebrities from the world of Bollywood and cricket are increasingly launching digital memorabilia

Non-fungible token, NFT, cryptocurrency, blockchain
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Nupur Anand and Shilpa Jamkhandikar | Reuters Mumbai
Indian celebrities from the world of Bollywood and cricket are increasingly launching digital memorabilia through non-fungible tokens (NFT), hoping to rake in thousands of dollars by cashing in on growing interest in such assets.

NFTs are a type of digital asset which use blockchain to record the ownership of items such as images, videos and other collectibles. Their roaring popularity has baffled many but the explosive growth shows no sign of abating.

Bollywood superstars such as Amitabh Bachchan and Salman Khan are planning to launch NFTs soon. While Bachchan's NFTs will include autographed posters of his movies, Khan has been

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)