metaverse: Daler Mehndi enters Metaverse with ‘Balle Balle Land’

Synopsis

He will be hosting Bollywood films and music concerts in his Balle Balle Land. Daler bought the land through the Metaverse platform PartyNite.

Daler Mehndi’s Instagram bio now reads, “First Metaverse Man, Owner of Balle Balle Land | Creator of Tunak Tunak & Tara Ra Ra singer-composer.” The singer also posted a video sharing a glimpse of his land.New Delhi: Bollywood and Punjabi singer Daler Mehndi has marked his presence in the metaverse after buying a piece of land in the virtual world and naming it as Balle Balle Land.

As per the media reports, it is India’s first land acquisition in the metaverse. The pop singer launched the area on Holi this year and it will house a store selling NFTs. The Balle Balle Land also houses a gold statue of Daler Mehndi himself.

He will be hosting Bollywood films and music concerts in his Balle Balle Land. Daler bought the land through the Metaverse platform PartyNite.
Presented By

Did you Know?

Billed as India’s first blockchain wedding, in the presence of a digital priest,

View Details »
Sharat Chandra, VP- Research & Strategy, EarthID said, “Metaverse has become the new playground for entertainers, creators and brand marketers. The opportunity is too big to ignore.”

Meta-commerce is a trillion-dollar opportunity, he added. By acquiring virtual real-estate in the metaverse, entertainers will be able to create, control new revenue models and avoid dependence on intermediary platforms, he added, expecting more storytellers to join the league.

Daler Mehndi’s Instagram bio now reads, “First Metaverse Man, Owner of Balle Balle Land | Creator of Tunak Tunak & Tara Ra Ra singer-composer.” The singer also posted a video sharing a glimpse of his land.

Abhay Aggarwal, Founder and CEO of Colexion, said that this step towards revolutionization would encourage the adoption of Web3.0 as a powerful means of sharing experience and connecting in the real world.

“India is surely moving ahead towards transformation and we are looking forward to more and more people participating in what we call the biggest revolution in the entire history,” he added.

On the contrary, other market experts said that virtual land purchases have been all the hype in the recent past. They believe that metaverse is the next big thing in the digital space and there is ample steam left in it.

Ganesh Kompella, Venture Partner, Tykhe Block Ventures, said, “Whilst Daler Mehndi’s virtual land in the Metaverse is changing the entire gamut of diversifying digital assets. We plan on witnessing this mammoth shift in India as well.”

It’s no secret the real estate market is skyrocketing, but the pandemic is creating another little-known land rush, he added. Indeed, some investors are paying millions for plots of land.
Presented By

Crypto Returns Calculator

0x1inchAaveAirSwapAlgorandAmbire AdExAnkrAugurAvalancheAxie InfinityBancorBand ProtocolBasic Attention TokenBinance CoinBitcoinBitcoin CashCOTICardanoCeler NetworkChainlinkChilizChromiaCivicCompoundCosmosCurve DAO TokenDFI.moneyDIADaiDashDecentralandDigiByteDogecoinEOSElrondEnjin CoinEthereumEthereum ClassicFantomFetch.aiFilecoinGASGalaGolemHarmonyIOSTIndian RupeeInternet ComputerKyber NetworkLitecoinLivepeerLoopringMakerMetalMy Neighbor AliceNEMNEONKNNanoNumeraireOmiseGOPax DollarPolkadotPolygonPower LedgerQuantstampQuarkChainRepublic ProtocolRequestRippleShiba InuSolanaStatusStellarStorjSushiSwipeSynthetix Network TokenTerraTetherTezosThe GraphThe SandboxTheta FuelTheta NetworkThresholdTronTrue USDUSD CoinUniswapVeChainWavesZilliqaaelfdistrict0xiExec RLCyearn.finance

Bought onCurrent Value Buy

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Source

Updated: 03/27/2022 — 09:00