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You are here: Home / Cryptocurrency News / Bollywood hops on the NFT bandwagon; Salman Khan to roll out NFTs on Bollycoin

Bollywood hops on the NFT bandwagon; Salman Khan to roll out NFTs on Bollycoin

By Sahana Kiran | Edited By Sahana Kiran,October 14, 2021, 4:30 PM

Bollywood

The fervor around NFTs persists as the Hindi film industry aka Bollywood is the latest to embrace non-fungible digital tokens. Bollywood actor Salman Khan expressed his interest in NFTs and created quite a buzz in the community.

NFTs certainly took the world by storm. Digitizing art became a new trend that everyone wanted to be a part of. Singers, sports personalities, actors, and even social media influencers from across the globe had begun selling their digital collectibles. While trends like these subside with time, the zeal around NFTs didn’t seem to budge.

After putting up quite a show in Hollywood, NFTs were taking a flight to India. Bollywood star Amitabh Bachchan was one of the first to announce the launch of his very own NFT collection. Now, inspired by the senior actor, another Bollywood actor Salman Khan alerted his fans that his NFTs would soon be making a debut on BollyCoin, a Bollywood-centric NFT marketplace.

Bollywood actor Salman Khan eyes NFT

In a recent tweet, the actor announced that the “Salman Khan Static NFTs” were going to soon be released on BollyCoin. The tweet read,

https://twitter.com/BeingSalmanKhan/status/1448181752455856130?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1448181752455856130%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Fcryptocurrency%2Fsalman-khan-to-launch-his-nft-collection-soon%2Farticleshow%2F86988381.cms

BollyCoin mostly focuses on selling digital collectibles related to the Hindi film industry. All the digital art on the website would reportedly be auctioned on the Ethereum blockchain. The website already has a vast group of people in it including, Arbaaz Khan Productions, Salman Khan Films, Sohail Khan Productions, and Reel Life Productions.

This not only opens up new doors for the film industry and crypto fans but also paves way for the growth of both industries. However, since Indians aren’t well aware of NFTs and the risks that surround them, it could take some time for NFTs to thrive in the country.

Furthermore, blockchain and tech evangelist, Sharat Chandra commented on Khan’s latest entry into the NFT space and said,

“NFTs have caught the imagination of Bollywood superstars. Amitabh Bachchan and Salman Khan have set the ball rolling. More mainstream Bollywood artists and creators would follow their footsteps in utilizing blockchain technology for creating a superior fan engagement experience through fan tokens, digital collectibles, and avatars.”

Filed Under: Cryptocurrency News, Altcoin News, World

About Sahana Kiran

Experienced Journalist with a demonstrated history of working in the online media industry. Skilled in Photography, Feature Writing, Journalism, Online Journalism, and Web Content Writing. Strong media and communication professional with a Bachelor of Arts - BA focused in Journalism

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