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

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

Shoaib Akhtar, a former Pakistani cricketer, and one of the greatest players ever to play the game has announced the plans to launch his own Non-Fungible Token (NFT) platform. The iconic cricketer, who once bowled a delivery at 161.3 km/h, is partnering with the blockchain startup, TenupNation. Through the partnership, the duo is set to unveil the marketplace while serving its customers the entirety of its offering.

The cryptocurrency ecosystem has seen a tremendous application of blockchain technology in the form of NFTs. These are digital arts or collectibles whose ownership identity is stored on the blockchain. This way, the authenticity of the stored assets is secured, easily accessible, and verifiable to collectors. The advent of NFTs has made it more visible, how collectors are willing to pay humongous sums for genuine 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 recognize the inherent economy that can be generated from these NFT marketplaces, and have created the system for this. The Shoaib Akhtar-owned NFT marketplace is not designed to be an exception. Shoaib noted that the platform will offer an opportunity to both creators and collectors, transforming everyone into a real celebrity.

Advertisement

The Need for More NFT Marketplaces

Just as there are numerous cryptocurrency exchanges serving users in the crypto ecosystem, there is a growing need for NFT marketplaces. While trading cryptocurrencies comes off as technical, a lot of crypto-savvy users still nurse the idea that dealing with NFTs can be complicated.

The presence of more marketplaces beyond existing competitors particularly OpenSea will help expedite the move towards mainstream adoption. With the NBA Top Shots catering to the needs of basketball lovers, the Shoaib Akhtar platform will extend the sports engagements through blockchain technology.

Beyond the duplication of NFT marketplaces, superior innovations and collaborations are essential. While the growth of NFTs has slowed, in tandem with the broader market plunge, many proponents believe the true potential of the technology is yet to be uncovered. 

Advertisement

Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

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

  • 24/7 Cryptocurrency News

October Fed Rate Cut Odds Rise After Weak U.S. Labor Data, Bitcoin Surges

U.S. private payrolls unexpectedly fell in September, raising market bets that the Federal Reserve will…

October 1, 2025
  • 24/7 Cryptocurrency News

Hashdex Adds Cardano to Crypto Index Fund as ADA Gains SEC Listing Eligibility

Asset manager Hashdex has officially included Cardano in its Nasdaq Crypto Index U.S. ETF. This…

October 1, 2025
  • Bitcoin News

U.S. Treasury To Ease Tax Rule on Unrealized Bitcoin Gains, Aiding Saylor’s Strategy

The U.S. Treasury and IRS have released an interim guidance, which highlights plans to ease…

October 1, 2025
  • 24/7 Cryptocurrency News

Trump-Backed World Liberty (WLFI) Plans RWA Tokenization Paired with USD1 Stablecoin

Trump Family's World Liberty Financial has unveiled big real-world asset (RWA) tokenization plans on Wednesday,…

October 1, 2025
  • 24/7 Cryptocurrency News

Stripe Eyes U.S. Banking Charter, Pioneers One-Click Stablecoin Issuance for Firms

Fintech giant Stripe has unveiled a suite of tools to enable businesses to tap into…

October 1, 2025
  • 24/7 Cryptocurrency News

Breaking: Metaplanet Expands Treasury With 5,268 BTC Purchase, Climbs to 4th Largest Holder

Metaplanet has expanded its Bitcoin portfolio with another purchase. The Tokyo-listed firm is now the…

October 1, 2025