Cricket Foundation, which was established around five months ago has unveiled an exclusive NFT marketplace for cricketing collectibles.
This feature, along with helping passionate cricket fans to have special ownership of digital collectibles put on the marketplace by celebrities and clubs, will also be valuable for top players to monetize their digital properties.
Popular cricketing names like VVS Laxman, Parthiv Patel, Wasim Akram, RP Singh, Piyush Chawla, Deep Dasgupta, Veda Krishnamurthy, Pragyan Ojha, and Lance Klusener have already joined the marketplace.
The Singapore-based blockchain platform Cricket Foundation has proclaimed the launch of cricket tokens and CricketCrazy.io, which is an NFT marketplace with over 50 unique moments worth over $2,00,000.
The blockchain technology company Zebi has developed this interesting platform.
“The marketplace ecosystem has already got over 120 partners, ranging from players, clubs, associations, business partners, and game developers,” Atul Srivastava, Co-Founder of Cricket Foundation, has said.
“The Cricket Foundation is a Layer 1 technology, meaning it can host multiple applications that are built on top of it. NFTs are one such application which allows for fans and collectors to collect digital media,” Pruthvi Rao, Co-Founder of Cricket Foundation, said.
Cricket Foundation’s Co-Founder and former cricketer Parthiv Patel announced that the platform would offer a good place for players to generate revenue, particularly in the later phase of their sporting life.
“What you forwarded is just a copy. But in the case of NFTs, you have the ownership of the digital collectibles. The ownership is backed by Blockchain technology,” Pruthvi Rao said.