Amitabh Bachchan Financial News

In March 2021, a 1961 oil painting by VS Gaitonde sold for over $5 million — making it the most expensive Indian art ever sold. In the same month, auction house Christie's sold a digital work of art for the first time for $69 million. It not only set a record but also made a blockchain application called NFT instantly popular. NFTs, or non-fungible tokens, are unique digital items stored on a blockchain, the same network that runs cryptocurrencies. Anything digital — images, videos, music, even the online version of this article — can be converted into an NFT and monetised. NFTs are not the digital art but instead certificates of authenticity, and most use the blockchain of ethereum, the second-biggest cryptocurrency. Just like crypto, trading of NFTs too has no legal backing yet. The lack of regulation also means that it is prone to price manipulation. Increased use of the internet and a surge in interest in crypto has driven NFTs' popularity. «Many consumers who had put money in crypto were introduced to NFTs as a new medium of investment. NFTs also gained popularity when celebrities like Twitter co-founder Jack Dorsey, Paris Hilton, and Snoop Dogg sold NFTs,» said Sumit Ghosh, CEO & co-founder of Chingari, the NFT marketplace that was launched by Salman Khan in October 2021. Presented ByDid you Know?Producer, direc

Former cricketer Yuvraj Singh, who launched his non-fungible token (NFT) collection on December 25, has seen strong traction for the digital assets amid buyers.

NFTs, or non-fungible tokens (NFT) – a type of crypto asset in which each token is entirely unique – is picking up in India with several celebrities such as Amitabh Bachchan, Kamal Haasan and Salman Khan jumping on to the bandwagon.

Amitabh Bachchan, seems to be the Shahenshah on Crypto street as well as his collection of non-fungible tokens (NFTs) smashed all records in an auction. The collection that included Madhushala NFTs, The Loot Box NFT, Iconic Vintage Posters NFT and BigB Punks and NFT Arts went under the hammer for $966,000 or Rs 7.18 crore, the highest ever in India.

Amitabh Bachchan's NFT collections of 'Madhushala', autographed posters and collectibles, have received bids worth $520,000 (about Rs 3.8 crore) on the first day of auction being organised by Beyondlife.Club. In August, BeyondLife.club, a venture between Rhiti Entertainment and GuardianLink.io, had announced that Bachchan will roll out his NFT (non-fungible token) collection on the platform.

Amitabh Bachchan has announced that his non-fungible token (NFT)’s auction would go live on Monday. The sale will take place on Beyondlife.club. This is likely to take Bollywood fans’ and NFT collectors’ excitement a notch higher. The collection includes his father’s poem Madhushala recorded in Bollywood megastar's own voice and some of memorable articles from the actor’s roles in movies, such as iconic clothing and vintage hand-painted posters signed by the actor.