NFT | 90% art, 10% music: WazirX on top NFT categories in India
The HinduWith the setting up of homegrown platforms like WazirX and Terrain.art, the market for non-fungible tokens is booming. “What’s interesting, however, is that unlike what usually happens with new technology — where it is adopted in the West and then reaches us — NFTs have been on par in the country. Besides bringing in ownership and originality, NFTs are also democratising the ability to monetise one’s creativity. Just like blogging made everyone a writer, NFTs are making everyone an artist — opening up the field to meme and GIF makers, TikTok and Reel creators, podcasters, tweeters, etc. Where we stand 120 million people in crypto globally; Almost 50 million in the US; 15 million in India Courtesy: WazirX For buyers, by giving it a copyright, they not only get an original piece, but they will also be able to sell it later because it is one of a kind.
History of this topic
Web3 and the role of AI and digital art become hot topics of discussion at this Chennai event
The HinduNFTs to offline shows: How 2021 marked a turning point for India’s post-COVID art world
The HinduNFT Music: the gatekeepers are changing
The HinduKeen on the NFT art drops? It’s all about strategy, buyer knowledge and timing
The HinduIndian crypto currency exchange launches NFT marketplace for Indian artists
The HinduIndian digital artists are exploring the latest craze: Cryptoart
The HinduDiscover Related
)
)
)
)