Salman Khan forays into cryptocurrency, set to roll out NFTs on BollyCoin

[SairaMahmood]

Bollywood actor Salman Khan has revealed that he is soon going to roll out his own non-fungible tokens (NFTs). The announcement said that the static NFTs would be available at BollyCoin.

https://twitter.com/BeingSalmanKhan/status/1448181752455856130

What do you think about this? please share your opinion.

[Teknisi88]

Bollywood actor Salman Khan has revealed that he is soon going to roll out his own non-fungible tokens (NFTs). The announcement said that the static NFTs would be available at BollyCoin.

https://twitter.com/BeingSalmanKhan/status/1448181752455856130

What do you think about this? please share your opinion.

Anyone can launch their own NFT, However, Indian investors are not very educated about NFT and the risks associated with it. "NFTs are easy to create, illiquid and somewhat difficult for retail investors to understand. This can also lead to a huge wave of NFT scams. Fraudsters execute faster, and they are constantly looking for new technologies to trap uneducated investors.

[avikz]

Bollywood actor Salman Khan has revealed that he is soon going to roll out his own non-fungible tokens (NFTs). The announcement said that the static NFTs would be available at BollyCoin.

https://twitter.com/BeingSalmanKhan/status/1448181752455856130

What do you think about this? please share your opinion.

That's when NFTs will see success because it is backed by a celebrity. I personally have never heard the name of bollycoin. It sounds like some scammers from Mumbai join hands to siphon out some some money from the stupid fan following of Salman Khan.

Bollycoin is just trying ride the wave of NFT and they have chosen a star who has the most stupid fan following in India. Whoever buys it, all the best!

[Strongkored]

Many artists are entering the crypto world but they only see it as an opportunity to earn money without understanding how it works, they will target everything that is trending because it will easily to get attention of theirs fans and crypto lovers, but doubt whether they or can get a good team able continue to develop it. With 43M Followers he has and a large population of India imagine how many will be influence by his tweets.

[Dave1]

Bollywood actor Salman Khan has revealed that he is soon going to roll out his own non-fungible tokens (NFTs). The announcement said that the static NFTs would be available at BollyCoin.

https://twitter.com/BeingSalmanKhan/status/1448181752455856130

What do you think about this? please share your opinion.

Anyone can launch their own NFT, However, Indian investors are not very educated about NFT and the risks associated with it. "NFTs are easy to create, illiquid and somewhat difficult for retail investors to understand. This can also lead to a huge wave of NFT scams. Fraudsters execute faster, and they are constantly looking for new technologies to trap uneducated investors.

What do you mean not educated investors? Are you saying that they are just throwing their money in the NFT market? For sure he has some advisers or maybe even himself research about NTFs.

In any case, I'm not surprised though, from sports athletes to Hollywood/Bollywood stars are dabbing in NFT because they know that they can make money (or lose) in the end.

[Al Qiyamah]

Bollywood actor Salman Khan has revealed that he is soon going to roll out his own non-fungible tokens (NFTs). The announcement said that the static NFTs would be available at BollyCoin.

https://twitter.com/BeingSalmanKhan/status/1448181752455856130

What do you think about this? please share your opinion.

Previously there was legendary actor Amitabh Bachchan who had already issued his own NFT, and now actor Salman Khan will also launch his own NFT as well. of course this becomes good news for cryptocurrencies especially NFT platforms. And I think next year there will be many more Bollywood actors who will issue their own NFT. Hopefully this isn't just the hype a moment which later faded and left a loss for investors.

[leea-1334]

If I am not mistaken the Indian cricket management already blocked some NFT ideas last year when some famous personality sold his photograph as an NFT and it caused a royalty issue. So is this not going to get people in trouble again?

Now we will see all the rich Indian crypto holders come to get this one I guess

[someone703]

Simply a KOL, his popularity will help many people know about crypto in India.
But basically when I look at the market in India I feel it's just the difference, like he's the only one who understands and has access to it. However, I always support when they act, no matter what results it produces, what we need is growth and to grow, everything has to be changed.

[someone703]

Simply a KOL, his popularity will help many people know about crypto in India.
But basically when I look at the market in India I feel it's just the difference, like he's the only one who understands and has access to it. However, I always support when they act, no matter what results it produces, what we need is growth and to grow, everything has to be changed.

I have never seen the condition of the cryptocurrency market in India because I prefer to see the global market which is like what other people see in general which can also help me a lot, but for KOL, I think it needs a better change so that can be stronger and able to compete with the popular ones in the future.

I know India is having amazing economic growth, but I know it's not really that great, when the gap between rich and poor is so big. Technology in India is also developing strongly, it can be said that Indians are very smart in technology, but in reality there are many things that we do not know. Perhaps when they balance people's lives more, accessing technology will bring more practical and meaningful things.