Tag: Anil

  • Blink Digital forays into NFTs and  metaverse

    Blink Digital forays into NFTs and metaverse

    Mumbai: Blink Digital has announced its full-fledged footing into the decentralised world that will cover metaverse, NFTs and web3 applications. The integration of virtual reality, augmented reality with social media is laying the foundation for the open and transparent ecosystem to connect and interact with each other.

    Blink Digital has launched some of the successful NFT projects and metaverse activations on platforms such as OpenSea, Rarible and Decentraland.

    This move is in alignment with their vision to bring the best to the brands and enhance the connectivity between brands and audiences. This agency foresees 300 per cent of the rise in revenue as they foray into the new vertical, according to the statement.

    As far as the growth is concerned, Blink Digital has seen 100 per cent of growth ensuring great revenue momentum from web3 vertical. In terms of the new mandate wins, the client has grown by 60 per cent  this year, the agency said.

    Blink Digital also executed the successful OnePlus 10 model launch on Amazon in Decentraland. Leveraging blockchain technology, the agency has helped materialise numerous to sell and trade NFTs. They have been providing end-to-end services from strategy and development to deployment and promotion to the brands. The agency is working as a guiding light for brands to make an early stage impact of  NFTs and metaverse and to become a trendsetter.

    Talking about venturing into the new vertical, Blink Digital director of technology Amer Ahmad said, “The idea of bringing three-dimensional experiences had started with VR devices and it has come full circle with the innovations and advancements like Web3 and Metaverse. The buzz has already concluded that the newly found virtual world is inevitable. Blink Digital lies at the intersection of creativity, innovation and the power of the internet, so our foray into Metaverse focused marketing came naturally to us.”

    “The team at Blink has always challenged the status quo and keeps innovating to serve the best to our clients. We have already started working with a few brands for their NFTs and Metaverse campaigns. We believe that metaverse will play a notable role in the next decade of advertising and we would like to to be ready before it becomes highly democratised both in terms of creation and monetisation opportunities,” he added.

  • Brothers Ambani sign telecom deal

    Brothers Ambani sign telecom deal

    MUMBAI: The news shook the corporate world, though it had been speculated about for some time. The brothers Ambani – Mukesh and Anil – who had reportedly been warring for a few years kissed and made up today.

    The duo announced that elder brother Mukesh’s Reliance Jio Infocomm (a unit of Reliance Industries) will be sharing younger sibling Anil’s Reliance Communications 120,000 km nationwide fibre optic network to help roll out his fourth generation broadband and telecom services in India.

    The filing with the Bombay stock exchange says that the deal is worth Rs 12 billion which is being paid as a one time indefeasible right to use (IRU) fee for sharing the fibre optic network. It allows Reliance Communications to reciprocally share Reliance Jio’s fibre optic network infrastructure too.

    The fibre optic network was built by Mukesh when Reliance was one entity, but was then handed over to Anil when the brothers split the empire their father built.

    The deal is likely to help both companies, say analysts. It will accelerate the pace at which Reliance Jio Infocomm gets to market with 4G. It will also help Reliance Communications, which has been saddled with debt in excess of $6 billion (Rs 37,000 crore).

    Both companies say that the deal is the first of many such arrangements they could end up signing.