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Are NFTs the new diamonds?
Are NFTs the new diamonds?

Are NFTs the new diamonds?

Last Sunday, a picture of an Indian couple exchanging NFT rings went viral on Twitter.

Published Updated

Key takeaways

  • An Indian couple's NFT ring exchange gained viral attention on Twitter, sparking discussions about NFT wedding gifts.
  • The OpenSea platform features over 1,000 NFT wedding rings, with prices varying significantly.
  • Some users expressed concerns about the tax implications of cryptocurrency transactions related to NFTs.
  • Metaverse weddings are emerging, with notable examples like Asia's first Harry Potter-themed wedding in Tamil Nadu.
5 min

Last Sunday, a picture of an Indian couple exchanging NFT rings went viral on Twitter. Dalsukh Tapaniya and Kinjal Pipaliya were the couple in question.

https://twitter.com/djtapaniya/status/1495373455914532864?s=20&t=gc3q6BhXakAEgHnTuYWi0w

The couple shared the OpenSea links of the NFT rings. 

Twitterati was in stitches. Some even started threads on NFT wedding gifts and suggested metaverse as a honeymoon destination. 

https://twitter.com/bharatxoni/status/1495413548759252994
https://twitter.com/moopayments/status/1495437027218710534

Meanwhile, a couple of Twitter users rained on the parade, reminding the netizens on the tax policy on crypto.

https://twitter.com/Nikhilsulghur/status/1495719846155538437

The OpenSea platform has over 1,000 NFT wedding rings available. The most expensive ring currently on the platform costs ETH 1000 (USD 2.7 million). There are a few rings in the range of ETH 100 - 200, ETH 10 - 25, and anywhere between 0 to 4 ETH. 

Metaverse is slowly trickling down the social hierarchies. Last month, a couple from Tamil Nadu came up with a Harry Potter-themed metaverse wedding. Dinesh Sivakumar Padmavathi and Janaganandhini Ramaswamy hosted Asia’s first metaverse wedding. The couple invited 2,000 guests to the wedding and also created an avatar for a dead relative. The wedding was held on the platform TardiVerse.

Abhijeet Goel and Dr Sansrati too tied the knot early this month on Yug Metaverse. Wavemaker India and Bharat matrimony were the brand partners of the ceremony.

https://www.youtube.com/watch?v=HlbPF78RcDc
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