🏏 Cricket NFT Platform
Rario - a new experience for engaging Cricket fans
Today's Highlights
- Rario - buying moments in Cricket
- This Week On BuzzBelow - a recap on this week's topics.
- In Other News - a few interesting developments we're tracking.
Rario - buying moments in Cricket
Rario is the world’s first officially licensed cricket NFT Platform which provides the fans with an exciting opportunity to savor certain moments in cricket. A lot of star cricketers, former and current, have already launched their own NFT collection. Rario has joined hands with many popular cricketers and has also partnered with different cricket leagues around the world. Through Rario, fans can own digital cricket collectibles of Rario partner cricketers and own some of the most sensational moments which took place in the different cricket leagues around the globe. For example, if the user wants to own the moment of Andre Russell smashing a huge six in CPL, the user can search for it on the Rario Marketplace and purchase it or the user can buy a collection of Andre Russell’s sixes in CPL as a pack.
Rario offers different kinds of packs which are a collection of certain different moments based on a theme. The packs go live on Rario on pre-specified dates called Drops and fans are notified about these ‘Drops’ through e-mail and on social media platforms. The interested ones are allowed to reserve their spot and wait in queue for the particular pack before it goes live. Once the pack is live, the fans who reserved their spot get first access or opportunity to purchase it.
Rario has divided its cards into four tiers, based on how special the moment is, which decides its rarity and circulation. The tiers in ascending order of rarity are Silver, Gold, Black and Unique. The more rare the card is, the higher price it is likely to sell for. Serial numbers indicate the number of times a card has been circulated or how many times a moment has been minted. The lower the serial number of the card, the more rare the moment is and hence, more valuable. Rario provides cricket fans with a unique opportunity to be a part of the fandom and use their knowledge of the sport to invest in memorable sporting moments, build their collectibles and trade.
Ankit Wadhwa and Sunny Bhanot are the co-founders of Rario. They have raised a total of $120M in funding.