With billions of fans tuning in to cheer for their favorite teams each year, cricket is a sports phenomenon that continues to rapidly innovate on top of its centuries-long traditions. The rise of the Twenty20 format has raised the level of excitement of the hundreds of millions of cricket die-hards to be on par with the American basketball superfans.
With the incredible success of themed NFT collections such as NBA Top Shot, it’s only natural for cricket fans to be able to own special plays, players, and moments in the non-fungible token format.
This is why we are extremely excited to announce that Rario, the world’s first officially licensed cricket digital collectibles platform, will drop unique NFTs on the Elrond blockchain!
Rario is a cricket fans’ club, where lovers of the sport can collect, trade, and play with officially licensed digital collectibles ranging from player cards to video moments to cricket artifacts. Currently in beta, the Rario marketplace is set to launch in September.
As part of our collaboration, the Elrond blockchain will be integrated with the Rario marketplace, which enables users to own and trade their favorite NFTs issued on our mainnet.
“The efficiency of the Elrond blockchain makes it an ideal platform for dropping carbon-negative NFTs that are easy to own and inexpensive to mint and transfer. We look forward to the Rario integration that will allow millions of fans to own their favorite sports moments” said Beniamin Mincu, Elrond Network CEO.
“We’re excited to expand the reach of cricket collectibles to new platforms and audiences. The Elrond community is perhaps one of the most vibrant and active in the space and we look forward to onboard the superfans among them on Rario” said Ankit Wadhwa, Rario Co-Founder and CEO
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
World’s first Officially Licensed Cricket NFT Platform
Rario is a digital collectible platform for cricket fans to collect and trade officially licensed cricket moments on the blockchain, represented as a non-fungible token (NFT). Having Polygon Studios and Animoca as partners, Rario is being built by a top-notch team of Indian founders. Rario enables fans to engage as a community and invest in tangible sporting moments. It gives the fan the opportunity to ‘own’ a piece of sport history.
Rario already officially partnered with several international cricket leagues and renowned internationally acclaimed cricket talent that will facilitate in creating a cricketing eco-system for engaging cricket fans around the world.
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