Tech firm Spheric launches first PFP NFT collection from India
A new NFT collection of 2.5D artworks that lets the community earn, collect and trade non-fungible tokens (NFTs) has been launched by tech firm Spheric. This is the first PFP collection from India by an established IT firm.
- (1888PressRelease) May 19, 2022 - Spheric, a next-generation IT & Blockchain company announced the release of their first exciting & awaited NFT project called SphericX. It is a collection of 8,888 collectible NFTs, one of the first NFT collections of its kind. A community for the people, by the people and of the people.
SphericX’s founders Rajat Arya, Saawan Bohre and Chirag Arya hope it will become the leading collection from India and one of the leading in the world. The company reveals a roadmap for the community that includes DAOs, Airdrops, Festivals, Funding, Merchandise and Liquidate NFTs along with a hint of their metaverse and phase 2.0.
The market for non-fungible tokens grew by 21000%. NFT trading volume totalled more than $23 billion last year, reflecting a staggering increase of more than 21,000% from less than $100 million in 2020.
Rajat said: "We are one of the first NFT collections by a Tech firm from India where you can trade, HODL and sell your work and turn it into a passive income opportunity.
"Our collection will be working on empowering the community through the roadmap and future plans. SphericX is created to offer a seamless digital experience for members and holders. An iconic project that is innovative, forward-thinking and multi-utility based. We are thrilled to introduce a space that is accessible to everyone and allows expression in the cult.
The idea for a collection transpires from the creation of smart contracts and NFT marketplaces for the clients using the latest advancements in Blockchain and machine learning to enhance the experience.
One of a kind collectibles, allows holders to use it across social media and the internet as their profile picture, flaunt their GenX NFTs, HODL and receive utilities or trade and earn. It can be used by both beginners and professionals.
Co-founders Chirag Arya, Saawan Bohre & Rajat Arya are all graduates of Engineering & Business backgrounds and have considerable experience both in the IT & blockchain start-up sector and working on the leading and upcoming technologies.
Our motto for the project is to educate and empower Indians to enter and utilise the space to its optimum capacity, whether it’s to support your dreams, family or passion. We want Indians to take the forefront in the NFT space and take advantage of this aggressively since it’s a new emerging technology.
Chirag added: "SphericX is our response to the newly recognised need for a trusted & utility-based collection with technological upgradations and plan of action for the community.
"But once we fully delved into the market, we began to understand the untapped opportunity for a trusted collection from India. We've now realised that vision and are so excited to see it release on 24 May 2022 at 7 pm IST."
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