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Bollywood NFT platform BollyCoin sells tokens worth $2-M


Bollywood-focused NFT (non-fungible token) platform BollyCoin has closed its pre-sale round after selling 20 million tokens worth USD 2 million. The Ethereum-based marketplace started by Bollywood actor, producer and director Atul Agnihotri will allow fans to invest, and trade clips and stills from films, iconic dialogues, posters, unseen footage, social media content and merchandise from celebrities in the form of NFTs. Last month, actor Salman Khan announced the release of his own static NFTs through the BollyCoin platform. The platform offered the BollyCoin token for sale at a fixed price of INR 7 per token. BollyCoin holders will be able to trade the coins on crypto exchange platforms after the startup's initial DEX offering (IDO) in December.

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