NFT finally made its way into one of the world’s most popular sports. Recently, Chennai-based decentralized launchpad GuardianLink has rolled out a play-to-earn [P2E] NFT cricket game which is the first of its kind for the sport. For a cricket frenzy nation like India, there could not be a better tribute.
Sources revealed that the newly launched product is a multiplayer game that would go live in the first quarter of FY23. The firm expects it to garner a positive response from cricket buffs all over the world.
Jump Trade, which is GuardianLink’s NFT marketplace is hosting the game. As per the post, supporters and interested buyers can join the waitlist, with registrations open for the next 27 days. Currently, the website is offering users a chance to win a “premium NFT collection” and “unlock exclusive items.
Founded in 2016, GuardianLink is credited with fuelling 45 NFT exchanges, launching 40 crypto tokens, and generating a market capitalization of $3 billion through operations in 30 countries. Speaking on the launch Ramkumar Subramaniam, co-founder, and CEO of GuardianLink stated,
Watching cricket in India has always been a treat for every buff, especially nowadays, with the new formats. We consider this the best time to announce the launch of India’s pioneering NFT cricket game, which will serve as a unique product for every cricket enthusiast.
The exec also said that GuardianLink plans to create the first Indian metaverse dedicated to cricket. The game will let users choose between two playing modes “which could be pure entertainment or earning a passive income,” he explained.
NFT Start-Up Gets A Major Backing
Even as the Indian cricket ecosystem slowly wakes up to the world of non-fungible tokens, one of football‘s biggest names Cristiano Ronaldo has already thrown his weight behind an Indian NFT startup. Ronaldo-led CR7, in association with several leading global investors, has poured funds worth $100 million in FanCraze.
The Series A funding round is touted to be one of the largest-ever funding rounds in the digital token space in Asia. Besides that, FanCraze has sealed a partnership with Cricket’s official governing body, ICC to build exclusive non-fungible tokens.