Home News Indian couple celebrates blockchain wedding with NFT vows, digital priest

Indian couple celebrates blockchain wedding with NFT vows, digital priest

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Nonfungible tokens (NFTs) were utilised by a young Indian couple to digitise their eternal love for each other on the Ethereum (ETH) network.

Shruti Nair and Anil Narasipuram, a recently married couple from Pune, India, wanted to organise a blockchain wedding to celebrate their courtship. The husband, according to Anil:

“I was motivated after reading some articles about how blockchain marriages were being implemented in other countries.”

Another noteworthy crypto entrepreneur who has followed the trend is Rebecca Kacherginsky, a staff product designer at Coinbase.

The couple was online accompanied by Anoop Pakki, who was in charge of minting the NFT — also known as the digital priest — as part of the Indian blockchain wedding.

“After gaining the blessings of our digital priest, we read out the vows, and I confirmed the transaction to send the NFT to my wife’s digital wallet,” explained Anil. “Our digital priest pronounced us husband and wife after a few minutes (and around $35 in ETH gas expenses).”

As they recited the commitment together, the pair added, “We won’t make any grandiose promises. But we will do everything we can to make this work”. Through all of our debates and fights, we hope to get a better knowledge of one another and ourselves. We don’t expect to be each other’s entire village. But as we embark on this trip together, we will be there for each other, hand in hand.”

The Ceremony later minted as an NFT

The wedding vow, which originated in the form of a digital image, later minted as an NFT on the OpenSea platform by the digital priest. The NFT described as follows:

“Shruti Sathian Nair, born March 17, 1988, and Anil Mohan Narasipuram, born October 11, 1986, are the parties to this contract. On November 15, 2021, the parties to this agreement are hereby declared husband and wife. With the right to hold, in sickness and in health, for the time being, and in perpetuity.”

Nirmala Sitharaman, India’s finance minister, proposed the establishment of a central bank digital currency (CBDC). As well as a 30% crypto tax by 2022–23 in the Union Budget 2022.

According to sources, Sitharaman indicated that the CBDC’s implementation will provide a “great boost” to the digital economy. As well as the potential of a more efficient and cost-effective currency management system. The following was her suggestion:

“Any money generated by the transfer of any virtual digital asset will be taxable at a 30% rate. In determining such income, no deductions in respect of any expenditure or allowance shall take place except for the cost of purchase.”

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