Cricket NFTs now have an exclusive platform: What's in store for Rario?

August 14, 2021 12:57 AM AEST | By Raza Naqvi

Cricket NFTs now have an exclusive platform: What's in store for Rario? — Image source: Adam Vilimek, Shutterstock

What's next for Rario NFTs?

Cricket is not played in many countries. However, it is said to have a global fan base of 2.5 billion.

In the hopes of striking a chord with the cricket fan base, Rario could be looking to leverage the blockchain expertise of Polygon and allow its users to make quick transactions.

Along with Rario's integration, Polygon has also launched Polygon Studios, which will be a hub of NFT-centric gaming. It is reportedly backed by a funding of US$ 100 million to accelerate non-fungible token projects.

Rario is said to be the world's first licensed cricket NFT platform. It plans to work with cricket superstars like Zaheer Khan, Shakib Al Hasan, Faf Du Plesis, etc. and rising stars like Smriti Mandhana to allow fan ownership of the most iconic cricketing moments.

Ankit Wadhwa, CEO of Rario, has said that the company plans to revolutionise digital collectables space along with Polygon. The company also aims to partner with major cricketing bodies like the Board of Control for Cricket in India (BCCI) and Cricket Australia (CA) to bring cricket history into the digital era.

Also Read: What are fan tokens? A 101 guide to the new cryptomania

Bottomline

NFT is a digital artwork that claims to give an irrefutable proof of ownership to the holders of virtual collectables. Digital assets are gaining popularity and people are minting money by auctioning them.

In March this year, Twitter founder Jack Dorsey sold his first Twitter post in the form of an NFT for a value of about US$ 2.9 million.

If the trend in the NFT industry continues, it could become one of the leading digital assets of the future.

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