{"id":17926,"date":"2022-02-05T14:59:25","date_gmt":"2022-02-05T13:59:25","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=17926"},"modified":"2022-02-05T15:11:07","modified_gmt":"2022-02-05T14:11:07","slug":"a-couple-gets-married-on-the-blockchain-with-nft-vows-and-a-digital-priest","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/a-couple-gets-married-on-the-blockchain-with-nft-vows-and-a-digital-priest\/","title":{"rendered":"Couple gets married on the blockchain with NFT vows and a digital priest"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\" id=\"one-of-the-fun-and-exciting-ways-to-utilize-blockchain-technology-is-to-get-married-on-the-chain-blockchain-marriages-are-becoming-popular-a-young-couple-from-india-used-nonfungible-tokens-nfts-to-digitize-their-love-for-each-other-till-eternity-on-the-ethereum-eth-blockchain\">One of the fun and exciting ways to utilize blockchain technology is to get married on the chain. <a href=\"https:\/\/coinscreed.com\/staging\/7-fascinating-ways-to-use-blockchain-technology-aside-from-crypto.html\" data-type=\"post\" data-id=\"17821\">Blockchain marriages <\/a>are becoming popular, a young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity on the Ethereum (ETH) blockchain.<\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-95.png\" alt=\"A couple gets married on the blockchain with NFT vows and a digital priest\" class=\"wp-image-17930\" width=\"896\" height=\"541\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-95.png 838w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-95-300x182.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-95-768x465.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-95-750x454.png 750w\" sizes=\"(max-width: 896px) 100vw, 896px\" \/><\/figure><\/div>\n\n\n\n<p>Shruti Nair and Anil Narasipuram, a <a href=\"https:\/\/www.google.com\/search?q=A+couple+gets+married+on+the+blockchain+with+NFT+vows+and+a+digital+priest&rlz=1C1SQJL_enNG889NG889&oq=A+couple+gets+married+on+the+blockchain+with+NFT+vows+and+a+digital+priest&aqs=chrome..69i57.449j0j9&sourceid=chrome&ie=UTF-8\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=A+couple+gets+married+on+the+blockchain+with+NFT+vows+and+a+digital+priest&rlz=1C1SQJL_enNG889NG889&oq=A+couple+gets+married+on+the+blockchain+with+NFT+vows+and+a+digital+priest&aqs=chrome..69i57.449j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noopener\">newlywed couple from Pune, India,<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> decided to take their courtship to the next level by organizing a blockchain wedding. The husband, according to Anil:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cI read some articles on how people in other countries were doing blockchain marriages and it motivated me.\u201d<\/p><\/blockquote>\n\n\n\n<p>Rebecca Kacherginsky, a staff product designer at <a href=\"https:\/\/coinscreed.com\/staging\/athlete-endorsements-are-now-available-on-binance-ftx-coinbase-and-crypto-com.html\" data-type=\"post\" data-id=\"17729\">Coinbase<\/a>, is another renowned crypto entrepreneur who has followed the pattern.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"443\" height=\"588\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-94.png\" alt=\"\" class=\"wp-image-17929\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-94.png 443w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-94-226x300.png 226w\" sizes=\"(max-width: 443px) 100vw, 443px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"marriage-with-a-digital-priest\">Marriage with a digital priest<\/h2>\n\n\n\n<p>The couple was accompanied online by Anoop Pakki, who was in charge of <a href=\"https:\/\/coinscreed.com\/staging\/ftx-exchange-increases-the-cost-of-minting-nfts-on-its-new-marketplace.html\" data-type=\"post\" data-id=\"9352\">minting the NFT<\/a>  a.k.a. the digital priest \u2014 as part of the Indian blockchain wedding.<\/p>\n\n\n\n<p>&#8220;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,&#8221; Anil explained. &#8220;The transaction took a few minutes (and roughly $35 in ETH gas fees), after which our digital priest called us husband and wife!&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-93.png\" alt=\"\" class=\"wp-image-17928\" width=\"510\" height=\"603\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-93.png 510w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-93-254x300.png 254w\" sizes=\"(max-width: 510px) 100vw, 510px\" \/><figcaption>Indian couple Anil and Shruti. Source: LinkedIn<\/figcaption><\/figure>\n\n\n\n<p>The couple unanimously read the vow, \u201cWe won\u2019t make any big promises, but we will do everything we can to make this work. Through all our disagreement and conflict, we hope to grow our understanding of each other and ourselves. We don\u2019t expect to be the whole village for each other, but we will be by each other\u2019s side, hand in hand, walking through this adventure, together.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"477\" height=\"582\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-92.png\" alt=\"\" class=\"wp-image-17927\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-92.png 477w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-92-246x300.png 246w\" sizes=\"(max-width: 477px) 100vw, 477px\" \/><figcaption>Wedding vow NFT. Source: OpenSea<\/figcaption><\/figure>\n\n\n\n<p> The wedding vow, which was originally in the form of a <a href=\"https:\/\/coinscreed.com\/staging\/this-new-gaming-4-million-fund-pluto-digital.html\" data-type=\"post\" data-id=\"17664\">digital image<\/a>, was later minted as an NFT on the OpenSea platform by the digital priest. The NFT was described as follows:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThis contract is between Shruti Sathian Nair, born March 17, 1988, and Anil Mohan Narasipuram, born October 11, 1986. The parties to this agreement are hereby declared husband and wife, on Nov 15 2021 and to have to hold, in sickness and in health, for now and in perpetuity.\u201d<\/p><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"india-s-cbdc-will-tax-virtual-and-digital-assets\">India's CBDC will tax virtual and digital assets<\/h2>\n\n\n\n<p>During the Union Budget 2022, Indian finance minister Nirmala Sitharaman proposed the launch of a <a href=\"https:\/\/coinscreed.com\/staging\/central-bank-of-jordan-plans-to-launch-a-cbdc.html\" data-type=\"post\" data-id=\"17677\">central bank digital currency<\/a> (CBDC) as well as a 30% crypto tax by 2022\u201323.<\/p>\n\n\n\n<p>Sitharaman stated that the CBDC's introduction will give the digital economy a &#8220;huge boost,&#8221; as well as the possibility of a more efficient and less expensive currency management system. Her suggestion was as follows:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cAny income from transfer of any virtual digital asset shall be <a href=\"https:\/\/coinscreed.com\/staging\/coinbase-launches-free-tax-centre-for-its-users.html\" data-type=\"post\" data-id=\"17146\">taxed<\/a> at the rate of 30%. No deductions in respect of any expenditure or allowance shall be allowed while computing such income, except the cost of acquisition.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>One of the fun and exciting ways to utilize blockchain technology is to get married on the chain. Blockchain marriages are becoming popular, a young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity on the Ethereum (ETH) blockchain. Shruti Nair and Anil Narasipuram, a newlywed couple from [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":17930,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[5508,7078,5555,7077,5370,5716,7079],"class_list":["post-17926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft-news","tag-blockchain-2","tag-digital-priest","tag-ethereum-3","tag-marraige","tag-nfts-2","tag-opensea-2","tag-vows"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/02\/image-95.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=17926"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/17930"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=17926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=17926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=17926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}