Cricket is jumping on the NFT bandwagon — here’s how fans can splurge on digital collectibles in the sporting world

• Indian blockchain firm Polygon’s solution is being used to build the world’s first dedicated non-fungible tokens’ (NFT) platform for Cricket.
• Football clubs worldwide have launched their fan tokens and NFTs on various platforms.
• Even Formula 1 and the US’ National Basketball Association have their own NFTs.

After sponsorships and fan tokens, non-fungible tokens (NFTs) are now coming to cricket. India’s Polygon blockchain platform has announced that it will be launching a new platform where cricket fans can collect and trade iconic moments from cricket history called Rario.

NFTs being popular in the world of sports should come as a surprise to no one. Trading cards, memorabilia, famous ticket stubs and other collectibles are an important part of the business of sports. And, NFTs help take that to the next level with blockchain technology.

While football clubs, cricket clubs, basketball teams and others have made their own crypto tokens that could offer new ways to earn money, NFTs have the potential to be more widespread.

Here are some NFT platforms built around sports that you could check out.