Sapio Analytics, a government assistance agency focused on artificial intelligence, has partnered with WazirX NFT marketplace to produce digital treasures of rare old Indian artwork. According to the business, this is the first time that ancient Indian artwork has been transformed into a non-fungible token (NFT).
Ancient Indian artworks will soon be offered for purchase through Sapio Analytics, a data-driven government consultancy service. Rare artworks from India’s past will be featured in this partnership.
Many others, including Indian documentary director Benoy K Behl, have shot and digitally restored these works, and chosen objects are now available through NFT. The drop will be made on 7 January 2022.
The first NFT is a piece of art from the 5th century CE that depicts the meaning of divinity and has the ability to raise the awareness of those who connect with it. The artwork was photographed by world-renowned filmmaker and art historian Benoy K Behl in 1992 and belongs to Pitalkhora Buddhist Caves.
“What makes this drop even more special is the fact that a firm that works so closely with the government is now recognising the potential NFTs hold and how blockchain can be used as a source of communication and connection with the new generation,” said Vishakha Singh, vice-president, WazirX NFT Marketplace.