Polygon’s New Gaming Studio Launches With Cricket NFT Platform

Polygon’s New Gaming Studio Launches With Cricket NFT Platform

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August 13, 2021 by Kofi Ahmed
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Rario already has a pair of international cricket leagues signed on.Polygon Launches Unit to Grow Blockchain Gaming and NFTsPolygon has launched Polygon Studios, focused on helping to advance blockchain gaming and non-fungible tokens (NFTs).
Polygon’s New Gaming Studio Launches With Cricket NFT Platform

The co-founder and COO of the India-based Ethereum-scaling project, Sandeep Nailwal, discusses how the new unit could transform the gaming industry’s existing business model. “NFTs [are] basically going to be the gateway to bring masses into [the] blockchain,” Nailwal said. Plus, insights into the state of crypto regulations in India and the Polygon ecosystem.

Polygon’s New Gaming Studio Launches With Cricket NFT Platform

Non-fungible token (NFT) trading cards and memorabilia seem to have cropped up in every major sport, from football to soccer to basketball. Cricket aficionados rejoice: Your time has finally come. 

Rario, an officially licensed cricket NFT platform that will allow fans to collect and trade iconic moments from cricket history, announced its launch on Thursday. The platform will be integrated with Polygon, a layer 2 Ethereum scaling solution. 

Rario is the first project to be launched with support from Polygon Studios, Polygon’s new NFT and gaming hub. 

The platform is already partnered with cricket leagues around the world, including the Lanka Premier League and the Caribbean Premier League, as well as cricket stars like former Indian cricketer Zaheer Khan and South African cricketer Faf Du Plesis. One could think of Rario as trying to become what Sorare is for international soccer.Read more: Polygon Launches Unit to Grow Blockchain Gaming, NFTs

Sports NFT platforms are booming, with Dapper Labs’ NBA Top Shot doing over $700 million in sales in less than a year of operations. Cricket’s international popularity and 2.5 billion-strong audience makes it a ripe market for NFTs. 

“We believe Rario is laying down the foundations for making digital collectibles the most prized asset for sports fans in India and across the world,” Polygon co-founder Sandeep Nailwal said in a press statement. “Polygon Studios is thrilled to be on this pioneering journey with the Rario team.”

Source: Coindesk

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