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Amitabh Bachchan’s NFT Series Records Highest-Ever NFT Bids at Nearly $1 Million

Commenting on the overwhelming response to his NFT collection, Bachchan said this is a new-age way for him to be in touch with his fans.

Amitabh Bachchan emerged as one of the primary significant Indian VIPs to report his series of non-fungible tokens (NFT) recently. Excited fans of the Bollywood actor purchased digital collectibles from his NFT series for a total amount of $966,000 (approximately Rs. 7.18 crore). The items in Bachchan’s series included a recital of his father’s famous poem “Madhubala”, autographed vintage posters of himself, as well as other items associated with his identity, work, and fame. The offering for this assortment started on November 1 and shut upon the arrival of India’s greatest celebration, Diwali, on November 4.

“In this world of digitization, NFTs have opened a new realm of opportunities to engage with my fans even more than before. The successful auction of my NFTs, some of the most treasured and personal moments of my life and career were so well received and invested in by my supporters,” the 79-year-old actor said in a statement, commenting on the development.

The veteran actor who is well known for his systematically numbered tweets had been communicating energy around his NFT collection on the micro-blogging site from his handle @SrBachchan.

The most elevated sold thing from the series was the “Madhushala” poem collection, recorded in the entertainer’s own voice, which crossed a sum of $756,000 (generally Rs. 5.5 crores) when the offering shut. It had earned offers up to $420,000 (generally Rs. 3 crores) on the principal day of the sale.

A special “Loot Box” was also announced by Beyondlife.club for Bachchan’s NFTs to let purchasers of this “Loot Box” win NFT presents just as an opportunity to get reward craftsmanship pieces and vintage banners of the Sholay film entertainer. The 5,000 LootBox NFTs were sold within the first 54 minutes of them going live and received bids worth $50,000 (roughly Rs. 37 lakh), Beyondlife.com revealed.

Moreover, the restricted version vintage banners with advanced NFT declaration of credibility just as BigB Punks and NFT Arts got $94,052 (generally Rs. 69.8 lakh) and $66,900 (generally Rs. 49.6 lakh) respectively.

The NFT pattern is progressively picking pace among other Bollywood VIPs too.

In October, Indian style creator Manish Malhotra had additionally delivered a five-piece NFT series on the WazirX crypto exchanging stage.

Actress Sunny Leone additionally supposedly put resources into NFTs last month, turning into the principal Bollywood entertainer to have done as such.

Earlier in September, NFT trading platform Colexion roped in Indian artists including Suniel Shetty, Aamir Ali, Mika Singh, and Sidhu Moose Wala among others to be part of its marketplace as well.