NFT marketplaces have emerged as big show platforms for artists and creators
Covid-19 has brought a paradigm shift giving rise to NFT’s and digitisation. Today, NFT marketplaces have emerged as big show platforms for artists and creators. These marketplaces are not just meeting points for buyers and sellers, rather they are evolving as community spaces where like-minded people are getting an opportunity to interact with each other online, all thanks to this digital era, that has turned our long-existing dreams into a reality now.
NFT - The next big thing in the world of sports& entertainment
After sponsorships and fan tokens, non-fungible tokens (NFTs) are now coming to cricket. Trading cards, memorabilia, famous ticket stubs and other collectables are an important part of the business of sports. And, NFTs help takes that to the next level with blockchain technology. Now gamers are able to generate revenue through their in-game assets in NFT form. As a result, the play-to-earn blockchain gaming model has established itself as an immense growth opportunity for NFTs. India’s Polygon blockchain platform has announced that it will be launching a new platform where cricket fans can collect and trade iconic moments from cricket history called Colexion. The collectibles will be provided with a certificate of authenticity. The NFTs will be given a unique code as proof of the authenticity of the owned digital collectible.
Colexion- A catalyst for growth
Colexion is a new NFT platform for Sports, Entertainment & Art! NFTs are the next billion-dollar evolution, clearly stating that the digital ecosystem of sport, entertainment & art is probably the biggest thing to happen in the years to come. Collectors and investors across the globe own collections of a varied set of memorabilia that have been much appreciated over the decades. This ranged from ticket stubs to magazines to autographs.
Moreover, the platform has signed manu global stars like Kieron Pollard, West Indies All-Rounder, Glenn Maxwell, Australian All-Rounder & Morne Morkel, South African-Australian Fast Bowler as main partners for the launch. Moving ahead, the platform will also feature stars from various fields like sports, entertainment, art, and other industries.
Disrupting the Indian NFT marketplace
Aiming to create a significant entrance to virtual reality through NFT collections, trading, and community platforms, Colexion envisions bringing the Novel technology world through NFT.
In this fast-paced era, the NFT marketplace is changing even faster. As a result, the one-of-its-kind NFT platform will assist individuals with an opportunity to channelise their creativity in several dimensions.
The ready to launch platform in the NFT marketplace is the fusion of different art forms and it is coming up very well. The artists are using their power of imagination in a manner that was not done before and the platform is making it all possible easily.
The first-of-its-kind platform for users
While Colexion may be the first platform of its kind for cricket, NFTs have become quite popular in the world of sports. Large football clubs like Manchester United, Barcelona and more have tie-ups with Socios, listing their own fan tokens on the Chiliz exchange and selling collectables through the platform. The United States’ National Basketball Association (NBA) also announced an NFT platform of its own earlier this month.
Colexion- Your window to a secured future
It appears certain that this market will take its new avatar even sooner. On the one hand, it will help artists in manifesting their fresh artwork before the world, whereas on the other hand, it will generate curiosity among collectors to be the first to have that particular NFT in their collection.
Therefore, diving deep into innovation and technology, Colexion aims to bring potential growth in the sector and disrupt the blockchain market, making it accessible for all. So, one must welcome this bundle of imagination and innovation to hail creativity.
Disclaimer: No Asian Age journalist was involved in creating this content. The group also takes no responsibility for this content.