Simplifying cricket NFTs: why the innovation should be welcomed

Rario is the world’s first officially licensed cricket digital collectibles platform.

By Rahul Prajapati - 13 May, 2022

You watch an incredible moment on the cricket field from a packed crowd. You absorb the moment, live in the moment, and then years later it becomes a distant memory unless of course you stumble across it on social media or go on and search for it.

But what's your association with the moment? That you watched it? So did several others. Maybe the ones that watched it on TV remember it better than you. But what if you could own that moment and call it your very own? Like literally own a piece of cricketing history. A red-carpet welcome for NFTs or Non-Fungible Tokens.

NFTS are rather simple and not as complicated as you think

NFT are digital tokens that give the owner a right to whatever it is that the NFT represents. It has taken the cricketing world by storm because now, you get to preserve that slice of history you only had in your head as a vague memory. Cricket NFTs could be cricket artifacts, a moment in the field, or a simple card of a particular player. 

If you want to own one of those incredible catches, a mesmerizing runout or a mind-blowing six, you get to do it through NFT via digital collective platforms.

This means we, as cricket fans, can form our own collection of special cricket moments by simply heading over to the Rario marketplace to buy our favorite bits: https://rario.com/marketplace.  

How do they work though? To explain that, we need to get into how NFTs, which took the investment world by storm, became as popular as they are in cricket. 

Who started the NFT revolution in cricket?

Cricket NFT platform Rario began the NFT revolution in cricket, being the first officially licensed platform for the sale, trade, and exchange of cricket NFTs. A digital collectible platform, Rario has a marketplace where you get to buy or sell a cricketing moment that's available on the platform. 

Although most digital photos or video recordings can be reproduced in one way or the other, an NFT is unique in that it has a digital signature, making each NFT you own, one of a kind. 

Wondering how that can be useful?

Here's a proposed scenario of creating an online cricket museum of your own using all moments you have collected. A player might have 15 Player of the Match awards to showcase to the world after retirement. Similarly, you would have a collection of various moments out together to make your own memorabilia.

What is Rario and why is it big?

Rario is not just the first Cricket NFT platform, but also the most popular in the world of Cricket NFTs.

Some of the legends of cricket like Virender Sehwag, Zaheer Khan, and Faf du Plessis; big-name players such as Aaron Finch, Jason Holder, Rashid Khan, Rishabh Pant, Mohammed Siraj, and Ruturaj Gaikwad are among the stars that Rario has roped in.

One of the most popular women’s cricketers in the world, Smriti Mandhana, is also part of the Rario family.

Not only just players, but recently, Rario signed a historic deal with Cricket Australia and the Australian Cricketers' Association to celebrate the rich history of Australian cricket through NFTs.

Rario will be preserving moments from the past through NFT packs that can be purchased through the platform. Rario will engage the Australian cricket fan by creating a special Australian cricket metaverse of collectibles.

Rario is also boosted by a funding of $120 Million by Dream Capital recently, making them the largest players in the Cricket NFT market. With the investment, Rario would also get access to the 140 million users under Dream Sports.

Why should you get an NFT right now?

The possibilities are vast and there's no further wait to own your first NFT. Sign up on the Rario platform and you get your first NFT for free.

To know more about Rario, visit: Medium.com/rario

By Rahul Prajapati - 13 May, 2022

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