Salman Khan is partnering with Bollycoin, a Bollywood NFT marketplace, to launch his NFT (Non-fungible tokens) collection for his fans. In his tweet, Khan wrote, “Aa raha hu main NFTs lekar,” indicating his relationship with the platform with Salman Khan Static NFTs.

Bollycoin intends to be the world’s largest Bollywood NFT marketplace, working with the industry’s top producers and actors to create unique and one-of-a-kind NFTs.

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BollyCoin’s native virtual utility cryptocurrency acts as a governance token in non-corporate and non-regulatory matters, representing a community voting right. Whenever an NFT is sold on the platform, BollyCoin holders receive 10% of the selling price in the form of BollyCredits, which may be used to purchase NFTs on the platform whenever it debuts.

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Users would be able to build their own cinematic worlds, with BollyCoin paying them for their participation and contribution to the community, as well as allowing the community to actively shape the material supplied on the site.

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Bollycoin’s team includes Atul Agnihotri, Armand Poonawala, Kyle Lopez, Aaliya Kanuga, Karamvir Sachdev, and Sujith Somraj. According to the reports, Bollycoin has partnered with Arbaaz Khan Productions, Salman Khan Films, Sohail Khan Productions, and Reel Life Productions.

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Out of a total supply of 100,000,000 coins, currently, 19,125,766 BOLLY coins, each priced at 0.1 dollars, are available for purchase in the first round. BollyCoin can currently be purchased using USDC or BUSD, however, USDT and Eth will be added to the existing options soon.

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Know how to buy Bollycoin:

1. According to Bollycoin’s official website, the first step is funding your non-custodial wallet (CoinBase, Metamask, Trustwallet) with Ethereum and the currency with which you want to pay (BUSD or USDC).

2. In order to do this, you can first go to your local exchange (Wazirx, Coindcx, Coin switch if you’re in India) and create an account. After completing your KYC, go to the funds section and buy USDT (In India you can buy INR directly).

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3. After buying USDT, come to the exchange section and buy 90% BUSD/USDT and 10% ETH/USDT.

4. You now have to come to your metamask/coinbase wallet and copy your address. These are both non-custodial wallets that can be downloaded as chrome extensions.

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5. Now come to your local exchange wallet and hit withdraw (first withdraw ETH and then BUSD), your non-custodial wallet is now funded.

6. You can now come to the BollyCoin website and click Buy BollyCoin in the upper right corner.

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7. You will be redirected to a different page where a button “Approve BUSD” will appear.

8. After clicking this button you will be asked to give permission for this transaction. Now that it’s done you can finally click “Buy BollyCoin” and the transaction will go through.