The crypto-currency, which is rapidly gaining popularity in the western market, is now set to enter the arena of cricket with the ‘Cricket Foundation’, which claims to have 50,000 users since launch, and on social media. Supplement with over 60,000 followers.
Cricket Token (CRIC) was successfully listed on Indian and international crypto exchanges last week with a market cap of over $200 million.
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The CRIC token is the medium of transaction for all applications built on the platform and is critical to maintaining the security and integrity of the ‘Cricket Blockchain’ platform, apart from being used for the governance of the platform.
The platform features nearly 50+ unique moments in cricket history worth over US$200,000 on day one. The platform will add approximately 5 non-fungible tokens (non-fungible token) Iconic Moments everyday, contributed by its various partners, with over 20,000+ cricket media properties in the library to choose from.
NFTs are a unique digital asset designed to represent the ownership of a virtual item.
Former India Test cricketer and co-founder of Cricket Foundation, Parthiv Patel said: “This is a new way for us to connect with our fans, a unique digital offering to CricketCrazy cricketers and franchises to enhance their reach and relationship. Presents. By giving them a sense of belonging with fans, involving them in community decisions, and keeping them engaged with the game. For fans, NFT The only way is to own digital sports assets and collectibles.”
Parthiv feels that cricketers need to take care of their finances post retirement.
“You talk about 35-36 (years of age), many players don’t really go on to play until 40. So, you have to manage your finances as well.
“Once you retire, it is very difficult to go with the same flow, so this kind of platform (cricket foundation), if you can explore it, you can sustain it for a lifetime. So finance It’s a huge part of any cricketer’s life now,” the southpaw added.
The former Gujarat captain was speaking at the virtual launch of ‘cricketcrazy.io’, the world’s first NFT (non-fungible token) marketplace exclusively for cricket.