Out with the old and in with the new, as plans are made to launch the world’s first cricket-based digital collectibles platform.
An Indian tech platform, Rario, is in the process of launching one of the world’s first cricket-based digital collectibles platforms, which will enable users to buy, sell or own NFT’s of a verifiable cricket moment.
Operations will begin this August for India to deliver their nation’s first ever platform, outside of the arts sector, for the sale or trading of sport digital collectibles using NFTs.
The startup will not only issue digital collectibles but feature several engagement avenues such as games and a marketplace.
Rario, founder, 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,” he said.
Cricket will now, more aggressively, join the estimated digital sports collectibles space, worth over $2.5 billion.
“Currently, we are signing players, leagues, and cricket boards. We are trying to create an ecosystem, before making it a global play,” Wadhwa said.
Rario has already signed Lanka Premier League as a partner, and cricketers Zaheer Khan, Smriti Mandhana, Shefali Verma, AB De Villiers, Shakib Al Hassan, and Faf du Plessis, to put up their digital collectibles to fans.
