HomeNewsDream11 and other Indian gaming companies are considering launching NFTs.
Dream11 and other Indian gaming companies are considering launching NFTs.
Indian gaming platforms like Dream11, Mobile Premier League, and Nextwave Multimedia, a subsidiary of gaming company Nazara Technologies which owns the World Cricket Championship franchise, are actively looking to launch their own non-fungible tokens, said multiple people who are aware of the developments.
While NFTs are being launched in various sectors, gaming NFTs have become a rage after online game Axie Infinity sold NFTs for over $3 billion and also popularized the play-to-earn model which others are actively looking to follow.
In the six months to a year, a slew of gaming NFTs will be launched in India.