Cricket Foundation, the blockchain-based platform from Singapore, has revealed that they have partnered with over 120 individuals from the cricketing space for the launch of their platform cricketcrazy.io., including legends such as VVS Laxman, Wasim Akram, and Lance Klusener.
Cricketcrazy.io is the world’s first NFT marketplace that has been created exclusively for cricket.
The Cricketcrazy.io Platform
The cricketcrazy.io platform has announced partnerships with several former players, associations, clubs, and developers. It has over 50,000 active users and a following of over 60,000 users on social media platforms.
The platform, which the Cricket Foundation is launching, will be going live with over 50 unique moments from cricketing history, which will be worth over $200,000. The platform will also be adding 5 NFTs every day from a growing library of cricketing media assets. Partners can voluntarily contribute to the library, and currently, it contains over 20,000 iconic moments from different points of cricketing history.
A New Way Of Engaging With Fans
Co-Founder of the Cricket Foundation and Former Indian Test Cricketer Parthiv Patel, while speaking at the virtual launch of the cricketcrazy.io platform, stated,
“It is a novel way for us to engage with our fans, CricketCrazy presents a unique digital offering to cricketers and franchisees to enhance their reach as well as the relationship with fans by giving them a sense of belonging, involving them in community decisions, and keeping them engaged with the game. For the fans, NFTs are the only way to own digital sports assets and collectibles.”
Patel also spoke about the importance of cricketers managing their finances better post-retirement due to their limited shelf life as professional cricketers and the role a platform like Cricket Foundation could play after retirement.
“You talk about say 35-36 (years of age), not many players actually go on to play till 40. So, you have to manage your finances as well. Once you are retired, it isn’t easy to get going with that same flow, so platforms like this (Cricket Foundation), if you can explore it, then you can sustain it throughout life. So finance is a very, very big part of any cricketers’ life now.”
The CRIC Token
The CRIC token is the native currency for the Cricket Blockchain platform and will be the primary medium of exchange and transactions between all applications built on it. The CRIC token is central to maintaining the integrity and the security of the blockchain while also acting as a governance token.
The CRIC token has been successfully listed on several Indian and International crypto exchanges and currently has a market cap of over $200 million.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.