Salman Khan Backed NFT Platform Sells $2 Million Worth of Tokens in One

Salman Khan Backed NFT Platform Sells $2 Million Worth of Tokens in One

Bollycoin, an NFT platform for Bollywood enthusiasts, which will go live in December, has successfully closed its pre-sale round of 20 million tokens worth $2 million within a month.

Bollycoin has announced its partnership with leading production houses including Salman Khan Films, Arbaaz Khan Production, Sohail Khan Production, Reel Life Production Pvt. Ltd. is in talks with some other Bollywood stars and more names will be made public next month.

The platform, whose board includes Bollywood actor Atul Agnihotri, offered Bollycoin at a fixed price of Rs 7 per token. The company said that by purchasing the token, holders can receive real-world benefits every time they sell NFTs on the Bollycoin platform.

BollyCoin holders will be able to trade coins on the crypto exchange platform following the company’s initial DEX offering (IDO) in December.

Kyle Lopes, Co-Founder of Bollycoin, said, “Bridging the emerging crypto market with Bollywood, we aim to create an innovative way to allow industry and blockchain enthusiasts around the world to own the NFTs of their favorite movies and celebrities. have to provide.”

“About one million Bollycoin tokens were sold within the first three hours, while the figure reached 2 million at the end of seven hours,” he said.

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