Viacom18's YME cluster announces launch of NFT marketplace 'Fully Faltoo'

Media conglomerate Viacom18’s Youth, Music and English Entertainment (YME) cluster, is geared up to set its foot in the digital space of non-fungible tokens with the announcement of the NFT marketplace, ‘Fullyfaltoonft.com’.

The NFT marketplace has been setup by GuardianLink.io.

Non-fungible Tokens (NFTs), essentially blockchain-certified digital art, have been gaining popularity among brands, artists, celebrities, etc, both in India and globally.

With this launch users on the marketplace can enjoy the safety benefits of GuardianLink.io’s Anti-RIP NFT technology. 

The marketplace will offer ‘fully valuable’ digital art conceptualised and created by the team that brings to life brands like MTV, Vh1 and Comedy Central in India, and is all set to go live on February 14, 2022.

This initiative also marks the extension of the ‘FullyFaltoo’ franchise that went on from being a show on MTV and a brand solutions studio, to now an NFT marketplace, that will launch its diverse range of digital collectibles.

It will give fans the opportunity to claim ownership over unique digital art pieces, the exclusive collectibles will also have creations inspired from iconic pop culture properties like Roadies and Bakra, and will be up for auction across the globe.

With industry standard security layers enabled, users will be able to buy the NFTs at a set auction price. Users will have to register on the platform to be able to make a purchase through the use of a custodian wallet.

Anshul Ailawadi, Head – Youth, Music and English Entertainment, Viacom18, said, “The global M&E industry has recognized the power of NFTs. As one of the world’s largest media markets, India is uniquely positioned to be at the focal point of this ‘Web3 revolution’.  The brands that make our YME portfolio - MTV, MTV Beats, Vh1, Comedy Central and Colors Infinity, have always stayed ahead of the curve when it comes to emerging trends and pop culture. Our entry in the NFT space with Fully Faltoo is another step in the same direction.”

 “The Fully Faltoo collection will be edgy and quirky. This is special for us as we're giving our fans a chance to own a unique piece of our legacy. We look forward to building FullyFaltoonft.com as the go-to destination for must-have digital art,” he added.

Ramkumar Subramaniam, Co-Founder and CEO, GuardianLink.io, says, “We are elated to work with India’s leading entertainment conglomerate - Viacom18 to launch this NFT marketplace. As a technology framework ecosystem, Guardian has always been on the forefront of the race to build and operate some of the largest marketplaces and most advanced creative NFTs in the space. With its foundation in Creative Media, Guardian has led the race in terms of designing high impact creative NFTs protected by our Anti.RIP technology and legitimacy protocol.”

To ensure wide-spread awareness on its maiden NFT marketplace the cluster will roll out an integrated marketing plan that will leverage Viacom18’s presence on digital and linear TV.

The campaign also aims at educating consumers about non-fungible tokens and digital collectibles, while attracting viewers to bid on the platform.

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