Why India is not (yet) buying NFTs

Why India is not (yet) buying NFTs

Bollywood's biggest superstar, Amitabh Bachhan, affectionately nicknamed "Big B", has released an NFT compilation featuring multiple thoughtful collectibles, including poetry readings and even a CryptoPunk Big B. The entire compilation sold for just under €1 million. While that's not a bad thing, it doesn't compare to the huge NFT sales we've seen around the world, especially since Big B is India's biggest mile superstar with intergenerational appeal. Individual CryptoPunks (the original must-have NFTs) sold for many multiples of that, from €XNUMX million to €XNUMX million. The sale also pales in comparison to other celebrity NFTs. Mila Kunis' Stoner Cats compilation, which gave access to a series that had never even been released, grossed $XNUMX million.