• WazirX markets and sells Olympic NFT featuring Mirabai Chanu

  • India’s first irreplaceable token (NFT) marketplace has released a series of artworks to commemorate the ongoing Olympics and silver medalist Mirabai Chanu.

    Various artists have released a set of digital artworks, including recent silver medalist Mirabai Chanu . Chanu, an Indian weightlifter, finished second in her class at the 2020 Summer Olympics in Tokyo. In doing so, she became the sixth Indian female athlete to win a medal since 1900.

    To commemorate Mirabai Chanu’s historic feat, creators on WazirX minted a number of artworks and GIFs of NFT. perhaps, the most important of which was created by renowned cartoonist Satish Acharya. It is titled “One Billion Dreams” and the list reads, ” Mirabai Chanu has succeeded in fulfilling her dream of winning a medal at the 2020 Tokyo Olympics and is also fulfilling the dreams of a billion people”.The NFT is a GIF of Chanu holding up a horizontal bar with characters representing the population of India on top of her head.

    The piece sold for 300 WRX ($332.10) just hours after it was released. While this may not seem like much considering the million dollar prices of other NFTs, keep in mind that the median annual income in India is less than $4,000. Another work by digital artist Monica Paul, Mirabai Chanu, sold for nearly $58.

    According to Vishakha Singh, Vice President of WazirX NFT Marketplace.

    “The pandemic has brought sports activities to a standstill for much of the year 2020. However, this year’s Olympics have brought joy not only to sports activity enthusiasts but also to our country (as a whole). Less than a week into the Olympics, the female athletes are already making headlines with their victories. In tribute to these athletes, the artists have been creating NFTs, which can currently be seen on our platform.”

    Other Tokyo Olympics NFTs

    India and WazirX aren’t the only ones getting into the NFT game at the Olympics. Last week Team GB became the first Olympic team to create an NFT series.

    Along with designer Ben Sherman, Team GB signed a deal with commercial provider Tokns that will run until the 2022 Winter Olympics.Tokns will provide fans with new ways to engage and interact with their favourite athletes. The first release of NFTs will honour Max Whitlock and the two gold medals he won at Rio 2016.

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