India’s first non-fungal token (NFT) marketplace has released an art collection commemorating the current Olympic Games and silver medalist Mirabai Chanu.
Various artists are exhibiting a collection of digital art featuring the recent silver medalist Mirabai Chanu. Chanu, an Indian weightlifter, finished second in his class at the 2020 Summer Games in Tokyo. In doing so, she became the sixth Indian woman athlete to win a medal since 1900.
Thus to honor her historic win, WazirX creators have released several NFT arts and GIFs.
While the most important amongst them were created by the famous cartoonist Satish Acharya, his art was named “A Billion Dreams”, Mirabai Chanu fulfilled the dream of one billion people to achieve her dream of winning an Olympic medal in Tokyo 2020.
This NFT was sold for 300 WRX ($332.10) just a few hours after it was listed. While these NFT events are in no comparison to the million dollars NFT sales in the past, but also keeping in mind that India’s average annual income is less than $4,000.
While another NFT art by digital artist Monica Paul, which was named “Mirabai Chanu”, was sold for about 58 WRX.
While seeing this growth in the field of NFT collectibles, the Vice President of WazirX NFT Marketplace, Visakha Singh said that,
“Sports activities have come to a standstill in many areas of Epidemic 2020 and not just a week on the occasion, women athletes are already in the news with their successes. To congratulate and honor these athletes, artists are now creating accessible NFTs on our platform for public collectors”
While it is not that only Indian Firms like WazirX are creating NFTs on the occasion of the Tokyo Olympics, the Great Britain team has been the first Olympic team to create an NFT collectible collection.
Team Great Britain signed a deal along with designer Ben Sherman with a commerce private lable NFT provider Tokns, that will run through the 2022 Winter Games.
The Tokns are designed in a way to provide the fans to interact with their favorite athlete in a whole new way. The first NFT to be launched by them will be related to Max Whitlock and his double gold win back at the 2016 Rio games.
Read also: PayPal plans ahead moves to expand its Cryto services
