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A young couple from India used non-fungible tokens (NFTs) to digitize their love for each other to eternal Ethereum (Ethereum) blockchain.
The newlyweds Shruti Nair and Anil Narasipuram from Pune, India have decided to take their court marriage to the next level by hosting a blockchain wedding. according to To husband Anil:
“I read something about how people in other countries are doing blockchain marriages and it inspired me.”
Other prominent crypto entrepreneurs following this trend include Coinbase product designer Rebecca Kacherginsky.
Most people get married in places of worship, on the beach or in the mountains. Peter (@_iphelix) I’m not most people.We got married #blockchain. 1/7 pic.twitter.com/2ExexrlLbZ
— Rebecca Katchkinski (@rgoldilox) April 2, 2021
As part of the Indian blockchain wedding, the newlyweds were accompanied online by Anoop Pakki, who is responsible for minting NFTs — aka digital priests.
“We took the oath, and after being blessed by our digital priest, I confirmed the transaction to transfer the NFT to my wife’s digital wallet,” Anil explained, “The transaction took a few minutes (about $35 in ETH gas). ) ) After that, our digital pastor declared us husband and wife!”
The couple took the vow unanimously: “We won’t make any big commitments, but we will do what we can to make it happen. Through all our differences and conflicts, we hope to deepen our understanding of each other and ourselves. We Don’t want to be each other’s entire village, but we’ll be by each other’s side, hand in hand, through this adventure together.”
The digital priest then casts the wedding vows as an NFT in the form of a digital image on the OpenSea platform. The description of NFT is as follows:
“This contract is entered into between Shruti Sathian Nair, born on March 17, 1988, and Anil Mohan Narasipuram, born on October 11, 1986. The parties to this agreement are hereby declared to be husband and wife, and remain in good health during their illness on November 15, 2021 , now and forever.”
related: India to introduce 30% crypto tax and digital rupee CBDC in 2022-23
Indian Finance Minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) and a 30% crypto tax by 2022-23 during the Union Budget 2022.
As Cointelegraph reported, Sitharaman said the launch of a CBDC would provide a “huge boost” to the digital economy and potentially create a more efficient and cheaper currency management system. Her proposal suggests:
“Any income from the transfer of any virtual digital assets shall be taxed at a rate of 30%. No expenses or allowances shall be deducted in the calculation of such income, except for the cost of acquisition.”
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