NFT Tickets & Exclusive Rewards for Maha Kumbh Mela Devotees: Okto & Chaincode Partnership

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Okto and Chaincode Partner to Enable NFT Tickets and Exclusive Rewards for Maha Kumbh Mela Devotees

Massive Pilgrimage to Feature Blockchain Ticketing Innovation

The Maha Kumbh Mela, renowned as the largest religious gathering globally, is anticipated to attract more than 450 million pilgrims to Prayagraj this year. This extraordinary event occurs every 144 years and embodies significant cultural and spiritual values. In a remarkable fusion of tradition and modern technology, this year’s festival will introduce NFT-based tickets through a collaboration between Okto Wallet and Chaincode, marking a significant advancement in the pilgrimage experience.

Pioneering NFT Ticketing for Travelers

This groundbreaking initiative allows millions of passengers traveling via Indian Railways to receive personalized NFT versions of their tickets, which will be securely stored in the Okto Wallet. These NFTs not only act as unique digital souvenirs of their journey but also provide access to exclusive discounts at the Kumbh Mela, including savings on tent accommodations and other loyalty rewards. With over two million devotees expected to converge in Prayagraj simultaneously, arrangements for more than 100,000 tents—ranging from basic to luxurious—have been made to host these pilgrims.

Highlights of the Collaboration

  1. NFT Ticketing: Travelers booking specific services with Indian Railways and tent city accommodations for the Kumbh Mela will receive an NFT version of their ticket. These NFTs offer a personalized digital memento, securely stored in the Okto Wallet.
  2. Exclusive Perks: Attendees of the Maha Kumbh can utilize their NFT tickets to enjoy discounts on tent accommodations and various partner services.
  3. Simplified Web3 Experience: Okto Wallet has been designed to remove the complexities often associated with blockchain technology, ensuring a user-friendly experience even for those unfamiliar with it. Users will find navigating Web3 applications intuitive, making the transition to blockchain technology seamless.

Comments from Industry Leaders

Alok Gupta, Founder and CEO of Chaincode, expressed enthusiasm for the partnership, stating, “We are thrilled to lead a new chapter in travel experiences with Indian Railways, Polygon, and Okto. Blockchain technology is transforming numerous sectors by ensuring unparalleled trust, transparency, and security. By incorporating blockchain and NFTs, we aspire to change how travelers engage with their journeys and create lasting memories. This initiative is just the beginning of a broader wave of blockchain solutions aimed at simplifying processes and enhancing trust in financial ecosystems worldwide.”

Rohit Jain, Head of DeFi Initiatives at CoinDCX and Okto, added, “For many Indians, attending the Kumbh Mela is a dream—a journey filled with faith and unforgettable moments. Web3 is designed for everyday users, and there’s no better platform to launch it on this scale than the Maha Kumbh. Our mission is to make this sacred experience even more extraordinary and memorable. As a leading global Web3 enterprise originating from India, we take pride in bringing this advanced technology to millions. With the expected attendance of 450 million pilgrims, this represents an excellent opportunity to demonstrate the capabilities of Web3. The Okto Wallet’s proven scalability positions us perfectly to manage this vast endeavor and popularize Web3.”

Jain further emphasized that, “Through our collaboration with Chaincode, we’re not merely providing NFTs; we’re enabling travelers to customize their experiences in unprecedented ways. This is a pivotal moment for Web3 adoption, and we are excited to make it accessible, impactful, and meaningful for everyone.”

Overview of Okto

The Okto ecosystem is dedicated to simplifying Web3 for users. At its foundation lies a chain abstraction and orchestration layer designed to facilitate blockchain development. By offering web2-like modular APIs, it supports both novice developers and seasoned teams in building efficiently on the blockchain. Currently in its pre-mainnet phase, the Okto ecosystem is already utilized by over 20 million users. Its key components include the Okto Chain, Okto SDK, Okto Wallet, and Okto partners ecosystem.

Details on Okto Chain

  • Chain Abstraction and Orchestration Layer: The Zk rollup-based application chain simplifies interaction across multiple blockchains, providing a cohesive interface to streamline the development and execution of smart contracts and transactions.
  • Okto Token: This token underpins the ecosystem, supporting its infrastructure and encouraging participation.

Okto SDK – Building on Okto

The Okto SDK is a comprehensive toolkit designed to enhance blockchain development, offering an array of tools and features that boost efficiency and usability. It bridges traditional web development with blockchain technology, making it easier for developers to create and expand applications.

Key Features

  • Web2-Like Modular APIs: Familiar APIs facilitate a smooth transition for developers experienced in traditional web development to blockchain.
  • Chain Abstracted Wallet SDK Kit: This feature allows for seamless integration of wallet functionality into applications, enhancing user experience and security.
  • Chain Abstracted Dev Tools (Intent Recipes): These pre-built solutions and templates accelerate the development process.

For Media Inquiries

CoinDCX Sharjil Shaikh: sharjil.shaikh@coindcx.com
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