Metaverse and NFTs

As we know, metaverse is shared digital environment available round the clock. It makes use of VR at times. Indian companies such as Tanishque, M&M, MakeMyTrip, Ceat and MG Motor do register their presence in metaverse. These companies make available the services to NFT owners. NFT ownership is validated by a long alphanumeric code that is difficult to hack. Tanishque has allowed guests to get a 3D experience of their jewellery — Romance of Poki. They can scan QR codes. M&M has auctioned their SUVs, using NFTs. MakeMyTrip sold vacation NFTs, each costing approximately Rs.15000. Ceat tries to integrate its tyre delivery and fitment service by creating a Ceat Shoppe in metaverse. MG Motors would like to sell NFTs for their products to the digital community.

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