Mumbai Indians are seeking proposals to build NFT solutions

The Mumbai Indians, a well-known cricket team, enters the world of digital collectibles called “Non-fungible tokens”. On 2 January 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 a bid to increase its brand value globally.

Mumbai Indians prioritize their fans by providing their squad with fresh and creative ways to support their team of choice. The RFP, according to the team, helps organizations design and market 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: The impact of NFTs in the sports industry

The Mumbai Indians are adapting the latest technology to connect with their fans

The Mumbai Indians have led the way in the web3 era of using technology, creativity and artistry to communicate with their devoted fan base. Many famous brands often choose MI to support their launches and spread their ideas worldwide.

But until January 1, interested parties will be able to purchase the request for proposals. Around USD 1207.49 (INR 1 lakh) of the cost is non-refundable. After the application deadline, the qualified providers will be limited. Furthermore, ISPL reserves the right to terminate or modify the bidding process whenever it wishes, for any reason.

Sachin Tendulkar enters the world of NFT

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

After securing exclusive partnerships with other famous cricketers like Rishabh Pant, Virender Sehwag and Zaheer Khan. Sachin Tendulkar is Rario’s biggest catch.

Also read: Top 5 Indian Web3 Companies to Watch in 2023

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