Crypto News

Mumbai Indians Seeks Proposals To Build NFT Solutions

After several crickters like Virat Kohli, Scahin tendulkar and Rishab Pant. Mumbai Indians is the first IPL team to have turned into NFTs.
Published by
Mumbai Indians Seeks Proposals To Build NFT Solutions

Mumbai Indians, a well-known cricket team, enter the world of digital collectibles called “Non-Fungible Tokens”. On January 2nd, 2023, India win Sports Private Limited (ISPL), the franchise’s parent company, announced the release of the Request for Proposal (RFP). Additionally, MI, a five-time IPL champion, is the first IPL team to become an NFT in an effort to increase its brand value globally.

Mumbai Indians prioritize their fans by providing their squad with fresh and creative ways to support their preferred team. The RFP, in accordance with the team, aids organizations in designing and marketing NFTs based on their current intellectual property (IP). Due to the franchise’s extensive global reach, this will encourage international platforms to collaborate and build a strong Indian consumer base.

Also Read: Impact Of NFTs In Sports Industry

Advertisement

Mumbai Indians adapt the latest technology to connect with their fans

The Mumbai Indians have led the way in the web3 era by utilizing technology, creativity, and artistry to communicate with their devoted fan base. Many famous brands frequently choose MI to support their launches and spread their ideas throughout the world.

However, until January 1, interested parties will be able to purchase the request for proposals. Around $1207.49 (INR 1 Lakh) of the cost is non-refundable. Following the application deadline, the qualified bidders will be narrowed down. Furthermore, ISPL retains the right to end or alter the bidding process whenever it sees fit, for any reason.

Sachin Tendulkar Steps Into the NFT World

Former MI captain, Sachin Tendulkar, has partnered with digital collectibles platform Rario to foray into the world of NFTs. Now only Rario.com will have access to iconic moments in Tendulkar’s life and career in the form of official NFTs.

After securing exclusive partnerships with other well-known cricket players like Rishabh Pant, Virender Sehwag, and Zaheer Khan. Sachin Tendulkar is Rario’s biggest catch.

Also Read: Top 5 Indian Web3 Companies To Look Out For In 2023

Advertisement
Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

Tom Lee’s Fundstrat Warns Clients Bitcoin Could Fall to $60,000 Despite His ATH Public Forecast

Top asset manager Fundstrat has advised its private clients to expect a pullback in Bitcoin…

December 20, 2025
  • Crypto News

125 Crypto Firms Mount Unified Defense as Banks Push to Block Stablecoin Rewards

Over 125 cryptocurrency companies have joined forces to defend stablecoin rewards programs against banking industry…

December 20, 2025
  • Crypto News

BlackRock Bitcoin ETF Ranks Among Top ETFs In 2025 Despite Crypto Downturn

The BlackRock Bitcoin ETF (IBIT) has emerged as one of the top exchange-traded funds (ETF)…

December 20, 2025
  • Crypto News

Stablecoin Adoption Deepens as Klarna Turns to Coinbase for Institutional Liquidity

Klarna has taken a major step into crypto finance by partnering with Coinbase to accept…

December 19, 2025
  • Crypto News

Ripple, Circle Could Gain Fed Access as Board Seeks Feedback on ‘Skinny Master Account’

The Federal Reserve of the United States has given an opportunity to the public to…

December 19, 2025
  • Crypto News

Fed’s Williams Says No Urgency to Cut Rates Further as Crypto Traders Bet Against January Cut

New York Federal Reserve President John Williams has signaled his support for holding rates steady…

December 19, 2025