The collection that included Madhushala NFTs, The Loot Box NFT, Iconic Vintage Posters NFT and BigB Punks and NFT Arts went under the hammer for $966,000 or Rs 7.18 crore, the highest ever in India.

The most successful was the Madhushala NFT collection - his father’s poem, recorded in the superstar

On the first day of Bachchan’s auction, which started on November 1 and ends on November 4, his NFT collections have amassed bids upwards of $520,000. Of this, the Madhushala collection – his late father’s poem collection recorded in the superstar’s own voice – has received bids amounting to $420,000.

Bollywood’s NFT dreams

Bachchan is among the first Indian stars to dabble in NFTs, but he is not the only one.

Sunny Leone recently hosted a private NFT sale. Salman Khan teased his NFT dreams on social media. The Malayalam-language crime thriller Kurup, which stars and is co-produced by Dulquer Salmaan, recently became the first Indian film to hold an NFT sale of signed posters, videos with embedded music and digital artwork.

Beyond films, Indian cricketer Dinesh Karthik is auctioning a digital art reel of a match-winning shot for around $20,000. Fashion designer Manish Malhotra recently sold NFTs of digital sketches of some of his iconic creations for $4,000 a piece

While there is some excitement drumming up in the sector, no one in India – not even Bachchan – can rival the biggest NFT deals globally.

A CryptoPunk, one of 10,000 collectible characters created by Canadian software developers Matt Hall and John Watkinson, sold for almost $12 million. American digital artist Mike Winkelmann, popularly known as Beeple, sold an NFT of his work Everydays: the First 5000 Days for a staggering $69 million – the highest price tag for an NFT artwork to date.