This partnering agreement will allow Rario to use Sehwag’s greatest cricketing moments as NFTs to generate revenue
“With this partnership, we will be exclusively launching Virender Sehwag’s NFT videos, cards and memorabilia – must-haves for his millions of fans and followers,” said Ankit Wadhwa, CEO and co-founder of Rario.
Speaking about the partnership, Sehwag said, “There was a time when people were unable to do more than watch the game from the stands or on TV, but now they’re actually able to actively participate and feel like they’re in the stadium with them!” NFTs give you the opportunity to partner with your fans and make history. It’s incredible how it brings people closer to their favorite sport or team.”
Also Read: How NFTs get their value
He also tweeted: “Virupanti in the Rario Cricket Metaverse. I am excited to announce that I have entered into an exclusive partnership with @rariohq. Tell me about your favourite Viru Moment.”
Virupanti in the Rario Cricket Metaverse. I am excited to announce that I have entered into an exclusive partnership with @rariohq. Tell me about your favourite Viru Moment.#SehwagWithRario pic.twitter.com/f12oI8zdFJ— Virender Sehwag (@virendersehwag) January 10, 2022
Last year in 2021, Rario signed up Shakib Al Hassan, Shafali Verma, Rishabh Pant, Smriti Mandhana, AB De Villiers, and Zaheer Khan. Virendra Sehwag is the newest addition to Rario’s pack of NFT collections. Rario also took hold of the exclusive NFT rights for the Caribbean Premier League, T10, and Lanka Premier League. Cricket’s popularity is soaring and it’s showing in Rario’s upcoming packs. They’ve had a response like never before. The Caribbean Premier League pack sold out within two hrs of being released.
What are NFTs?
NFTs are digital assets that come in a variety of forms – from things like artwork, music, or videos all the way up to things like in-game items. They’re bought and sold online mostly with cryptocurrencies and their software is often compatible with other cryptos. NFTs are tracked on blockchain to establish proof of ownership. When an NFT is sold, the creator receives an amount of cryptocurrency.
NFTs are never exchanged with other items because they are unique and un-exchangeable. They also allow the buyer to own the original item without any authenticity issues. The inbuilt authentication system serves as a proof of ownership.