Elrond Network And Rario Partnership
Rario is a digital collectible platform for cricket fans to collect and trade officially licensed cricket moments on the blockchain, represented as a non-fungible token (NFT).
With the incredible success of themed NFT collections such as NBA Top Shot, it’s only natural for cricket fans to be able to own special plays, players, and moments in the non-fungible token format. Rario is in collaboration with Elrond Network to drop unique NFT on the Elrond Blockchain.
“The efficiency of the Elrond blockchain makes it an ideal platform for dropping carbon-negative NFTs that are easy to own and inexpensive to mint and transfer. We look forward to the Rario integration that will allow millions of fans to own their favorite sports moments” —Beniamin Mincu, Elrond Network CEO.
Elrond blockchain will be integrated with the Rario marketplace, which enables users to own and trade their favorite NFTs issued on its mainnet as part of their integration.
“We’re excited to expand the reach of cricket collectibles to new platforms and audiences. The Elrond community is perhaps one of the most vibrant and active in the space and we look forward to onboard the superfans among them on Rario” — Ankit Wadhwa, Rario Co-Founder and CEO
Rario is a cricket fans’ club, where lovers of the sport can collect, trade, and play with officially licensed digital collectibles ranging from player cards to video moments to cricket artifacts. Currently in beta, the Rario marketplace is set to launch in September.
ABOUT Rario
Rario is a digital collectible platform for cricket fans to collect and trade officially licensed cricket moments on the blockchain, represented as a non-fungible token (NFT). Having Polygon Studios and Animoca as partners, Rario is being built by a top-notch team of Indian founders. Rario enables fans to engage as a community and invest in tangible sporting moments. It gives the fan the opportunity to ‘own’ a piece of sport history.
ABOUT Elrond Network
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
RESOURCES
Elrond Blog
