NFT Assets See 2X-10X Growth In Less Than 1 Month On CricketCrazy.io

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

CricketCrazy.io has seen the value of its assets grow drastically in CRIC value in the first month of launch. The gamification and rewards set up for each of the challenges announced has seen a great engagement and a return to fans and investors who participated on the platform. These Challenges and Leaderboards have just been launched on CricketCrazy.io and will be fully live by 15th October.

CricketCrazy.io, the world’s first NFT marketplace for Cricket has gone live with over 50 unique moments worth over USD200,000 and over 50M CRIC in reward pools to be won by playing various challenges. 

CricketCrazy.io was launched on September 15th, 2021 at a Virtual Press Conference by its Founding Members, including Parthiv Patel, former Indian Cricketer, and the current Talent Scout for Mumbai Indians. 

The marketplace will keep adding NFTs of iconic moments daily going forward from 20,000+ cricket media assets in the library along with new additions which are being constantly contributed by its various partners. 

CricketCrazy.io also gamifies the entire experience and is announcing over 50 million CRIC in reward pools for various challenges that are played on the platform. The first two challenges have already gone live.

The marketplace has been developed by Cricket Foundation, the Singapore headquartered blockchain-based platform, built by the cricketing community.

The platform already has a star-studded list of founding partners like V.V.S. Laxman, Parthiv Patel, Wasim Akram, RP Singh, Piyush Chawla, Deep Dasgupta, Veda Krishnamurthy, Pragyan Ojha, Lance Klusener, Shaun Tait, Rikki Clarke, Boria Majumdar, among many others. The latest entrants who were welcomed at the launch were Bitbns, Coingape, Digvijay Sinh Kathiawada, Michael Vaughan, Dermott Reeve, Wildfire Sports, Pradeep Mandhani, and 2-3 partners are currently being added every day.

The platform is also happy to announce 3 new cricket ‘Play and Win Games’ which are being co-developed with partners and being launched on the network soon.

Speaking at the launch, Pruthvi Rao, Co-Founder – Cricket Foundation said, “The Cricket Foundation is a Layer 1 technology, meaning it can host multiple applications that are built on top of it. NFTs are one such application that allows, for the first time in history, fans and collectors to collect digital media. There are many other applications ranging from gaming, esports, ticketing, merchandising, etc, which are already being built on this, which will change the way traditional businesses are operated. Zebi along with Smart Cricket, which worked on this opportunity as early as 2018, is proud to be one of the key contributors to this project”.

Atul Srivastava, Co-Founder – Cricket Foundation added “Cricket is a sport that is evolving at a remarkable pace, with its growing global appeal the democratization of cricket is inevitable. With the continuous addition of players, partners, and members, now fans across the world will have access to the widest collection of cricket NFTs offering them a chance to own and represent the priceless moments. The marketplace will soon launch gamification experiences to fans and users as well creating a unique platform for fan engagement”.

Celebrity cricketer and Co-Founder of Cricket Foundation, Parthiv Patel, speaking on the occasion, added “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 provably own digital sports assets and collectibles. “

Matthew Thacker, Director of Wildfire Sports, United Kingdom, an eminent media and communications specialist one of the Co-Founders of Cricket Foundation, said “From the early days of asking Don Bradman for his autograph, through to bidding on shirts, caps, bats or balls from the legendary players representing their greatest moments, collecting has always been extremely popular in cricket and introducing the digital world to this is a natural step. We’re really looking forward to the journey”.

Crypto expert and cricket Foundation co-founder Sunil Sharma when asked about the future of NFTs, said, "NFT sales surpassed $2.5 billion in just the first half of 2021. As Blockchain technology becomes better in terms of gas fees and transaction capacity, we will see exponential growth in NFT Markets."
About Cricket Foundation – The cricket ecosystem built for the token age

Cricket Foundation digitally connects the cricketing world together. While CricketCrazy, the NFT marketplace is its maiden offering, the vision is to eventually build several applications and uses within the platform meant for the cricket ecosystem powered by CRIC Token - like Merchandising, Licensing Rights Management, Ticketing, Fan Tokens and Engagement, eSports, Gaming, Gamification and Auction Endorsements apart from Digital Collectibles.

The ecosystem has already signed over 120+ partners from the cricket ecosystem, ranging from players, clubs, associations, business partners, game developers, etc. The number of users on the platform exceeded 50,000 even before launch and is complemented with over 60,000 followers on social media. The Cricket Token (CRIC), successfully listed on Bitbns and Latoken exchanges and will soon be listing on other exchanges as well. CRIC Token is the medium of transactions for all applications built on the platform and is core to maintaining the security and integrity of the Cricket Blockchain platform, apart from being used for the platform’s governance.
 

Website: https://cricket.foundation

Marketplace: https://cricketcrazy.io

MEDIA CONTACT: MSL - pruthvi@cricket.foundation

SOCIAL MEDIA: https://twitter.com/CricketFdn     

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.