Tuesday, October 4, 2022
HomeNFTMakeMyTrip dives in NFT world with ‘Visual Vacation’ NFT series

MakeMyTrip dives in NFT world with ‘Visual Vacation’ NFT series

MakeMyTrip hops on the crypto bandwagon with the release of a limited edition NFT series ‘Virtual Vacation’. The digital artefacts will depict Indian landscapes, with the revenues benefiting the local tourism industry.

According to a recent report, the Indian travel company MakeMyTrip is the most recent business to enter the NFT space. The firm produced NFTs that showcase India’s natural variety in places like Goa, Kashmir, Kerala, Rajasthan, Orissa, and others. The artwork depicts not just the country’s most renowned tourist attractions, but also several more, as-yet untouched spots.

MakeMyTrip, which was founded in 2000, is one of India’s major travel companies. It offers a variety of online services such as airline tickets, domestic and international vacation packages, hotel reservations, transit tickets, and vehicle rentals. Its headquarters are located in Gurugram, Haryana. The business does, however, have a number of foreign offices in New York, Dubai, Phuket, Bangkok, Singapore, and Kuala Lumpur. MakeMyTrip is also a publicly listed firm, with the ticker symbol MMYT trading on the NASDAQ. 

The NFT series is created utilising Al Generative Adversarial Networks and is minted on the Polygon blockchain (GANs). Individuals may acquire the items via MakeMyTrip’s website or an app. Prices start at $195 for a single NFT. Sunil Suresh, the company’s Group Chief Marketing Officer, commented on the initiative that the company is offering travel enthusiasts a once-in-a-lifetime opportunity to possess this beauty in the digital domain.

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Vaishali Goel
Technology enthusiast, explorer and academic scholar. Currently exploring the crypto world. Join me in my journey to see how crypto, NFT and Metaverse will change the world.
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