Jupiter Meta is launching India’s first fully curated NFT marketplace and taking it live on February 23
The digital marketplace will focus on music, film and gaming, creating singular experiences for users to maximize their time in the metaverse
Just when NFTs are taking the digital art and collectibles world by storm, Jupiter Meta is launching India’s first fully curated NFT marketplace and taking it live on February 23. The digital marketplace will focus on music, film and gaming, creating singular experiences for users to maximize their time in the metaverse.
NFTs are non-fungible tokens that are unique and cannot be replaced. These digital assets represent both digital as well as real-world objects including music, drawings, art and videos. NFTs are bought and sold online, often using cryptocurrencies.
Jupiter Meta, cofounded by Sathyan Rajan and Chakradhar Reddy Kommera, has plans to expand in the growing Web 3.0 space as the startup looks to bring users “a more involved and personal feel to their metaverse interactions." The company's marketplace is backed by its own level-1 Rubix blockchain technology with zero gas fees. The blockchain is green, sustainable and 100% secure for users.
Additionally, the company plans to kick off the country’s first-of-its-kind digital wall art, commemorating the essence of Chennai and labeled the ‘Icons of Singara Chennai’ which is a collection of digital art pieces of monuments, locations, food, places of worship, beaches, and other symbolic representations of the city. These items will be sold as NFTs for people to own in the Jupiter Meta marketplace. The project’s art is being led by Karthik SS of 108 Collective.
Karthik SS has said, "as someone with strong Chennai roots, the project is very personal. This is a celebration of Chennai, its people, language, and flavors. And also the technology that the city prides itself on. As artists, the metaverse is huge for us, and new opportunities are everywhere."
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Citation : Livemint.com
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