A pioneer of the NFT segment in India and South Asia, it provides a credible space for creators and collectors to acquire and exchange unique and exclusive works of art. Currently in beta, a total of 3,208 NFTs have been issued on the platform, of which 1,068 were sold through a fixed price model and 204 through an auction model, according to a statement.
The WazirX NFT Marketplace recently rolled out the auction functionality through the Ritviz and Nucleya collaboration, which was a game-changer in the NFT space. Blockchain-based auctions are a global affair that opens up these creators to the international market. From this moment, the market enters its secondary phase. With the introduction of new features to the market, we are seeing more and more designers and collectors getting on the bandwagon. WazirX NFT opens up a plethora of perspectives, and that is why it can be an exciting invitation to get the first shot at such an incredible opportunity.
In the secondary phase, the WazirX NFt Marketplace will commemorate the first 1,000 NFTs sold on the platform and these creators will earn a badge against their profiles. Through this badge, it aims to celebrate the works of art that have marked the history of this segment. Additionally, the aftermarket allows the secondary sale royalty rights to the original creator of the NFT art, which is a way to passively earn as an NFT artist.
Home to 323 creators, the platform develops unique cases by hosting digital collectibles from some of India’s top artists including Prasad Bhat, Satish Acharya, Priya Malik, Ishita Banerjee. It also hosted India’s first Augmented Reality (AR) + NFT Art Gallery exhibition by Sneha Chakraborty. The platform has also seen the participation of brands like Sunburn and RitvizXNucleya.