Indian actor Arya has become the first Tamil actor to enter the NFT space, with NFTs ready for sale. Minnal, a new NFT platform in Tamil Nadu, is set to launch 27 NFT art forms of the Southern Star actor for his fans to buy.
Arya – is an Indian actor and producer who mostly appears in Tamil cinema. Arya is known to be a fitness freak and a cycling fanatic. Minnal on its website also mentions that they are honored to drop Arya’s first set of Limited Edition NFTs.
The first is a preview scheduled for later this month, there are 27 NFT art forms of Arya.
NFTs can digitally represent any asset, including virtual-only assets. Some of the examples of NFTs are digital artwork. Further, it also includes in-game items such as avatars, digital and non-digital collectibles, domain names, event tickets, and tangible assets such as real estate.
While a bulk of it would be up for sale at a fixed price between five to ten thousand rupees each, two would be put on auction for fans to bid.
When inquired about NFTs Arya said that – NFT is truly exciting for him and he immediately agreed to the idea as the concept is innovative, and he thinks it would help him bring closer to his fan community.
Arya’s Upcoming NFT Drops
Rare Artworks: This Drop features rare works from the actor himself.
Fun Artworks: Featuring Artworks of Arya
Limited Edition NFTs: Limited Edition NFTs
Besides images, Minnal also plans to include music and videos, among others, to impress and lure fans of different celebrities to own the collectibles.
The company says fans who buy these or win by auction will also acquire an opportunity to dine with celebrities and visit their sets, including passes for big-ticket events and films, opportunities for auditions by music directors, or even tickets to IPL finals.
Fans would also enjoy special status as Tier1 or Tier 2 based on the number of NFTs they hold. The man behind the experience Mr. Venkatesh, CEO of Dot Com Infoway, Chief Thala of Minnal says,
“They can resell these NFTs on our platforms with a premium during big-ticket events, which we hope will trigger a demand for these. This is unique for Tamil cinema with the primary and secondary market place”
Besides Arya, the company has already tied up with Actor Megha Akash and Musician Gibran for their NFTs. It is also collaborating with production houses and theatres to offer a variety of benefits to the fans. Music composers who sign up would share exclusive soundtracks and release the tracks that did not make it to films they were initially made for.
The Minnal platform is powered by Guardian Link, a tech company that has done this kind of platform work for Amitabh Bachhan. A bulk of the revenue, up to 50 percent, would immediately go to the participating celebrities, and the rest would go to other stakeholders. The company aims to generate a revenue of 5 lakh USD in its first year.
NFTs, many say, helps celebrities engage with a wise community of fans. This platform allows fans to demonstrate their loyalty to their heroes or role models. What’s your take?
Hungry for more information?
For more interesting updates on NFTs, connect with NFTHI on Twitter.
NFTHI does not recommend any kind of Investment in NFTs or NFT trading. All the strategies are merely educational references.
Conduct thorough research before you start with NFT trading.