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Amitabh Bachchan's exclusive NFT collection auctioned for over Rs 7 crore

Bachchan's NFT collections of 'Madhushala', autographed posters and collectibles, have received USD 9,66,000 (about Rs 7.18 crore) in an auction organised by Beyond life.Club.

November 05, 2021 / 06:50 PM IST
Amitabh Bachchan

Amitabh Bachchan

Bollywood actor Amitabh Bachchan’s non fungible token (NFT) collection has beaten all records of NFT bids in India, proving to be the most successful so far.

Bachchan's NFT collections of 'Madhushala', autographed posters and collectibles, have received USD 9,66,000 (about Rs 7.18 crore) in an auction organised by BeyondLife.club. The auction opened on November 1 and closed on November 4.

Madhushala is a collection of poems by Bachchan's father Harivansh Rai Bachchan that the actor has recorded in his own voice.

An NFT is a unit of data stored on a digital ledger called a blockchain that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.