FanCraze drops ICC NFTs featuring 75 moments from Men’s World Cups

The cricket NFTs, ICC Crictos, will present the fans an opportunity to contribute to and participate in the cricket metaverse.

The first drop on Thursday featured 75 moments from the ICC Men’s Cricket World Cup of 2015 and 2019.

FanCraze has additionally partnered with leading cricketers Rohit Sharma, Jasprit Bumrah, Andre Russell, Shikhar Dhawan, Jonty Rhodes, Muthiah Muralidaran, Ravichandran Ashwin, and Yuzvendra Chahal.

“What we are aiming to do through our partnership with the ICC is to empower these very fans to get closer to the game they love than ever before, by collecting, showcasing, and trading their very own slices of cricket history,” said Bhambri, CEO, FanCraze.

Users can buy NFTs using fiat currency without worrying about gas costs or transaction fees by leveraging the power and accessibility of Flow blockchain.

FanCraze NFTs will be made available through packs, wherein a pack contains a fixed number of NFTs that will be detailed on the FanCraze website.

For the first drop of Crictos, the FanCraze packs are priced at $9, $49, and $249 (between Rs 700 and Rs 18,500) and are differentiated by the number and rarity of the Crictos inside them.

There are four rarity tiers of NFTs within the packs ranging from the widely available common tier to the ultra-scarce legendary tier.

Starting Sunday, January 30, FanCraze will make the trading marketplace live on its website. Ownership of NFTs will allow the fans to build a collection across a particular match or series; trade the NFTs with fans across the globe; win an opportunity to interact with their favourite cricketers or use the NFTs across upcoming apps and play-to-earn games to earn financial rewards in the FanCraze Metaverse.

According to DappRadar, total NFT trading volume in Q3 2021 was approximately $10.7 billion, up 700% from the previous quarter, with an average of 1.5 million unique active wallets daily (up 25% from previous quarter).

The explosive growth of NFTs continues aided by the popularity of games like Axie Infinity, collections like Cryptopunks and an increasingly greater number of artists and brands jumping on the bandwagon.

The market cap for top 100 NFT collections on Ethereum + NBA Top Shot is estimated at $14.2 billion

FanCraze had earlier announced a $17.4m seed round of funding led by Tiger Global and with participation from Coatue, Sequoia India, and Dapper Labs, amongst others.