India’s first fully curated NFT marketplace developed by Jupiter Meta to go live today
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 maximise 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 people “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.
The company has plans to kick off the country’s first-of-its-kind digital wall art, commemorating the essence of Chennai and labelled 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 reflecting the city’s past, present, and future and 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 expressed, "as someone with strong Chennai roots, the project is very personal. This is a celebration of Chennai, its people, language, and flavours. And also the technology that the city prides itself on. As artists, the metaverse is huge for us, and
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