Indian tech platform, Rario is all set to be the world’s first cricket platform to set up a cricket digital collectibles business, they will be enabling users to own NFTs also known as non-fungible tokens.
NFTs are taking the sports market by storm going from the NBA to the MLB and now even cricket.
Rario will be setting up the world’s first cricket collectibles business allowing fans to own digital arts of cricket in exchange for the non-fungible tokens starting from August.
The collectibles will be provided with a certificate of authenticity. The NFTs will be given a unique code as proof of the authenticity of the owned digital collectible.
Rario owner, Ankit Wadhwa said, “We are living in a mobile-first world and all our interactions are primarily digital – we play, work, find love, talk, collaborate, buy, sell and help each other online – but fandom is still predominantly offline. Rario aims to change all that.”
Rario has been predominantly active in the market to give themselves a boost as they recently signed a deal with the Sri Lanka Premier League and also signed many famous cricketers like Zaheer Khan, Smriti Mandhana, Shafali Verma, AB De Villiers, Shakib Al Hasan and Faf du Plessis who will be offering their digital collectibles which will be available for the fans to buy.
Rario aims to bring the NFTs to the cricket market and eliminate the need to buy online. Initiating the authentic collectibles, Rario is looking forward to benefiting from the business set-up.