FanCraze, through its partnership with the International Cricket Council (ICC), is all set to roll out ICC Crictos, cricket’s most sought after NFTs (non-fungible tokens) on January 27.
Crictos are the official, and authentic digital collectibles which present fans the opportunity to contribute to and participate in the cricket metaverse.
Crictos will be unveiled by FanCraze on Thursday at 5:30 pm, featuring legendary and unforgettable moments from the 2015 and 2019 editions of the ICC Men’s Cricket World Cup.
FanCraze has additionally partnered with leading cricketers such as Rohit Sharma, Jasprit Bumrah, Andre Russell, Shikhar Dhawan, Jonty Rhodes, Muthiah Muralidaran, Ravichandran Ashwin, and Yuzvendra Chahal, amongst several other leading athletes.
Anshum Bhambri, CEO of FanCraze, said, “These are the most exciting times for cricket fans! Undoubtedly, fans have catalysed the growth of cricket over the years through their love, emotions, and aspirations. What we are aiming to do through our partnership with the ICC is to empower these very fans to get closer to the game they love than ever before, by collecting, showcasing and trading their very own slices of cricket history.”
Cricket has one of the largest fan followings in the region. FanCraze– working with the ICC, is providing fans and users the capacity to collect, showcase and trade some of the pinnacle moments from the wide world of cricket.
From the ICC U-19 World Cup to the ICC Twenty20 and One Day World Cups and ICC World Test Championships, FanCraze will be the home of digital collectibles for one of the world’s largest sports.
FanCraze has built a mainstream-friendly wallet where users can buy NFTs using fiat currency without worrying about gas costs or transaction fees by leveraging the power and accessibility of Flow.
FanCraze NFTs will be made available through packs, wherein a pack contains a fixed number of NFTs that will be detailed on the FanCraze website.
For the first drop of Crictos, the FanCraze packs are priced at $9, $49, and $249 (ie ranging between Rs 700-18,500) and are differentiated by the number and rarity of the Crictos inside them.
There are four rarity tiers of NFTs within the packs ranging from the widely available Common Tier to the ultra-scarce Legendary Tier.
Starting Sunday, January 30, FanCraze will make the trading marketplace live on its website.
According to DappRadar, total NFT trading volume in Q3 2021 was approximately $ 10.7 billion (up 700% from previous quarter) with an average of 1.5 million unique active wallets daily (up 25% from previous quarter).
The explosive growth of NFTs continues aided by the popularity of games like Axie Infinity, collections like Cryptopunks and an increasingly more number of artists and brands jumping on the bandwagon.
The market cap for Top 100 NFT collections on Ethereum + NBA Top Shot is estimated at $14.2 billion, supporting the value flow into the NFT segment.