August 5, 2021

Ex-Cricketer Shoaib Akhtar Launches World’s First Cricket NFT Marketplace

2 min read

Shoaib Akhtar, a previous Pakistani cricketer, and among the greatest gamers ever to play the game has actually announced the strategies to launch his own Non-Fungible Token(NFT )platform. The renowned cricketer, who as soon as bowled a delivery at 161.3 km/h, is partnering with the blockchain startup, TenupNation. Through the collaboration, the duo is set to reveal the marketplace while serving its customers the totality of its offering. I am so thrilled to go into in the world of crypto & blockchain, I am launching my NFT in collaboration with @TenupNation. Lets relocate to the future world

with #ShoaibAkhtarNFT. &– Shoaib Akhtar (@shoaib100mph )June 19, 2021 The cryptocurrency environment has seen a tremendous application of blockchain technology in the type of NFTs. These

are digital arts or collectibles whose ownership identity is saved on the blockchain. This way, the authenticity of the stored assets is protected, quickly available, and verifiable to collectors. The development of NFTs has made it more visible, how collectors want to pay humongous amounts for authentic works of art. Beeple’s sale of “Everydays, the First 5,000 Days”for$63 million is a testament to this. NFT marketplaces have helped acknowledge the inherent economy that can be created from these NFT markets, and have created the system for this

. The Shoaib Akhtar-owned NFT marketplace is not created to be an exception. Shoaib kept in mind that the platform will offer an opportunity to both creators and collectors, changing everyone into a genuine star. The Need for More NFT Marketplaces Simply as there are numerous cryptocurrency exchanges serving users in the crypto ecosystem, there is a growing requirement for NFT marketplaces.

While trading cryptocurrencies comes

off as technical, a lot of crypto-savvy users still nurse the idea that handling NFTs can be complicated. The presence of more markets beyond existing competitors particularly OpenSea will help expedite the move towards mainstream adoption. With the NBA Top Shots accommodating the requirements of basketball fans, the Shoaib

Akhtar platform will extend the sports engagements through blockchain innovation. Beyond the duplication of NFT marketplaces, remarkable innovations and partnerships are important. While the development of NFTs has slowed, in tandem with the more comprehensive market plunge, lots of supporters believe the real capacity of the innovation is yet to be discovered. The post Ex-Cricketer Shoaib Akhtar

Launches World’s First Cricket NFT Marketplace appeared first on Coingape.