The Real Future of NFTs in India
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The Real Future of NFTs in India
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The provided text is a podcast transcript from an episode titled "The Real Future of NFTs in India" from the series Mint Condition: The Absurd World of NFTs. The hosts, PixelPapi and MetaMami, analyse the current state and future trajectory of Non-Fungible Tokens (NFTs) specifically within the Indian context, moving beyond the initial hype of digital art. They explain how NFTs are evolving from simple collectibles into practical tools for various sectors, including education, gaming, government, and loyalty programmes, envisioning a future where they serve as digital certificates for ownership and identity. The discussion also addresses the challenges faced by NFTs in India, such as regulatory ambiguities, scams, and technological barriers, while ultimately concluding that NFTs will become an invisible but crucial digital infrastructure, rather than a speculative asset class.