NFTs have been having a bullish run like no other assets ever witnessed in the history of time. They’ve gone from free airdrops to millions in a week’s time. This is not something that we have seen in the past. PFPs and digital arts were the very first NFTs that showed the world what this new technology is about and how much value an asset can hold when it’s unique and rare. However, many veteran investors kept mentioning that NFTs are just a Ponzi and web2 nomads kept putting it down as JPEGs; nothing seemed to affect their value.
This consistency in the rise of NFTs has given confidence to different business models to explore NFTs and their potential. One such example is sports NFTs. We all are well aware of the fact that sports are a stream that has a huge following around the globe. Each country or continent may have its favorite game, but the spirit of sporting always attracts a huge following.
The first big sports NFTs started with capturing some of the best moments from one of the biggest Basketball leagues in the world, the NBA, and minting them as NFTs. It witnessed a massive hit, thus motivating other sports leagues to come up with their NFT collection.
The latest sensation in this sector is cricket NFTs. Cricket is considered the sport with the second biggest following globally and is gearing up for its NFT journey on different modules. While some projects are playing along with the moments from cricket, some are taking up with play2earn cricket games, which is another sector that’s growing in itself.
Today owning a cricket NFT can turn out to be a generational wealth in years to come!
