Just as NFTs are taking the world of digital art and collectibles by storm, Jupiter Meta is launching the first fully curated NFT marketplace in India and going live on February 23rd. The digital market will focus on music, movies and games, creating unique experiences for users. maximize their time in the metaverse.
NFTs are non-fungible tokens that are unique and cannot be replaced. These digital assets represent both digital and real objects, including music, designs, artworks and videos. NFTs are bought and sold online, often using cryptocurrencies.
Jupiter Meta, co-founded by Sathyan Rajan and Chakradhar Reddy Kommera, intends to expand into the growing Web 3.0 space as the startup seeks to bring users “a more engaged and personal feel to their metaverse interactions.” Tier 1 Rubix blockchain technology with no gas fees Blockchain is green, sustainable and 100% secure for users.
Additionally, the company plans to launch the country’s first digital wall art, commemorating the essence of Chennai and tagged the “Icons of Singara Chennai”, which is a collection of digital artworks of landmarks, places, food, places of worship, beaches and other symbolic representations of the city. These items will be sold as NFTs for people to own on the Jupiter Meta marketplace. The art of the project is led by Karthik SS of 108 Collective.
Karthik SS said, “As someone with strong roots in Chennai, the project is very personal. It is a celebration of Chennai, its people, its language and its flavors. And also the technology that the city is proud of. As artists, the metaverse is huge for us, and new opportunities are everywhere.”
Manasa Rajan, Business Head, Jupiter Meta, said, “Jupiter Meta is the result of our vision to create a metaverse for everyone, for all creative minds, not just tech enthusiasts. We are just witnessing the beginning of a revolutionary change in what Web 3.0 can enable us to do and we are happy to begin our journey with the market. We’re all defining pop culture right now, and it’s only going to get bigger.”
Jupiter Meta owns the NFTs and will sell them on its marketplace. There will be 12 artworks and the company plans to hit multiple copies of each for sale. To purchase an NFT, buyers will need to register on the marketplace and open a wallet account. NFTs will be sold at a fixed price.
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