🏏 Cricket NFT Platform

Sukanya Ganesh -

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.

This Week on BuzzBelow

🎁 Tracking Real World Items in Web3
Americana - a new standard for collecting real-world assets
BuzzBelowSrijan Bijjam
🖼️ NFT-based Web3 Community
how the platform aims to solve the problems of Web3
BuzzBelowSukanya Ganesh
🦾 Redefining AI Performance
Neural Magic - powering AI innovations beyond hardware limitations
BuzzBelowSrijan Bijjam
🎯 Metaverse for Entertainment
Element Black - Web3 infrastructure for a virtual universe focused on entertainment
BuzzBelowSukanya Ganesh

In Other News

Texas proof-of-reserve bill passes through the Senate
Digital asset providers that serve more than 500 customers in the state and have at least $10 million of customer funds would be restricted from comingling the customer funds with any other type of operational capital.
CointelegraphDavid Attlee
Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto
Financial advisors looking for clarity on crypto from the SEC’s new Custody Rule won’t get everything they want from the current version.
CoinDeskMatt Kolesky
Crypto Scandal: South Korea’s Ruling Party Sends Team to Wemix Issuer
A delegation of PPP lawmakers conducted a visit to the office of Wemade as part of an ongoing investigation into Kim Nam-kuk’s trading activities.
Financial and Business News | Finance MagnatesPedro Ferreira