Zee Studios dropped a non-fungible token (NFT) of a signed movie poster in collaboration with NFTically, according to a CoinDesk report. The drop was rolled out on Polygon, a scaling protocol for Ethereum-compatible blockchain networks built in India, the report added. The NFT will be a part of the ‘Zee Studios collection’. Shariq Patel, Chief Business Officer, Zee Studios, explained that the film studio will provide NFTs derived from various films in its repository. NFT sales grew by 400 percent in February this year as compared to January. The exponential growth has led to many brands jumping on the NFT bandwagon to offer digital collectibles. Several people believe it to be the next step in the world of art collecting while others believe that it's a fad that will die down eventually. It remains to be seen whether the studio is contemplating NFTs as a strategic…
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