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    India's first music NFTs to be launched by Jupiter Meta

    India's first music NFTs to be launched by Jupiter Meta

    India's first music NFTs to be launched by Jupiter Meta
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    By PTI  IST (Published)

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    The unique offerings will be made available as part of a special metaverse concert featuring a solo performance by singer and composer Karthik on April 14, 2022.

    Jupiter Meta, India's first fully curated NFT marketplace, has announced the launch of music NFTs for the first time in the country.
    The unique offerings will be made available as part of a special metaverse concert featuring a solo performance by singer and composer Karthik on April 14, 2022.
    "The metaverse isn't just a buzzword anymore. It has real implications and brings actual value to the way we interact with one another and with intangibles such as culture and the sense of community," said Manasa Rajan, CEO, Jupiter Meta.
    A limited number of tickets are available on a fixed-price basis. Tickets that are purchased will be stored as NFTs in a user's wallet, possessing a tradeable value.
    Visitors will enjoy some classic hits and two entirely new compositions being performed for the first time. Ticket holders will be credited with the new tracks as music NFTs, and while one can play them for personal use, any commercial use may attract certain royalties for the performer.
    Karthik expressed delight at being able to connect with his fanbase uniquely. He said, "Doing something like this in the metaverse is beyond imagination. I'm really happy fans get to experience this special moment and own my new songs! It is going to be rocking."
    Coming on the heels of the country's first-of-its-kind digital wall art the 'Icons of Singara Chennai' project, the metaverse concert is among Jupiter Meta's plans to create a metaverse for everyone. Visitors can enter the digital venue at least 30 minutes before the show starts to explore the space and meet their friends.  One can pay with any Internet banking, debit & credit card, and via UPI. There is no need to have a crypto wallet to buy a ticket.
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