Why Indians Haven't Started Buying NFTs

Time：2022-02-05 Source： 701 views NFT Copy share

India, one of the largest potential markets for NFTs, is facing initial difficulties. Over the past eight months or so, NFT experiments in India have grown rapidly.

In June 2021, India’s largest cryptocurrency exchange, WazirX, launched an NFT marketplace primarily for Indian artists. Since then, many Bollywood celebrities and sports stars have launched NFTs. The world’s largest NFT sale to date, the $69 million Beeple auction, was also bought by an Indian buyer, Vignesh Sundaresan, also known as MetaKovan. But the strange thing is that the Indian people have not started buying NFTs.

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