Amitabh Bachchan’s NFT collections reach Rs 3.8 cr on Day 1 of auction

Megastar Amitabh Bachchan’s NFT collections of ‘Madhushala’, autographed posters and collectibles, have received bids worth USD 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.

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.