Category: Cryptocurrency News

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NFTs and the sports industry are a match made in heaven: Rario connects the two with an exciting new NFT marketplace The world of NFTs, blockchain gaming and digital collectibles is once again exploding, with world-renowned artists, musicians, sports clubs and celebrities flocking to the space to catch a piece of the action. Top auction houses such as Christies and Sothebys are listing NFTs for sale on a regular basis that goes for upwards of a million dollars and, in the gaming sphere, NFT game Axie Infinity reached $1 billion in trade with its popular crypto-based virtual economy. Revenue flowing into the sporting industry has increased in recent months thanks to NFTs, as the world’s best-known sports clubs now have the opportunity to monetise digital memorabilia, experiences and collectibles that are immortalized forever on the blockchain. Fan favourites such as Lionel Messi and Cristiano Ronaldo have recently announced their involvement in the release of digital collectibles and the Mohammed Ali estate released special edition NFTs in memory of the champion boxer earlier this year. Cricket is the second most popular sport in the world and is set to grow in the coming years thanks to the long-running dedication of its 2.5 billion fans globally. Capitalizing on the wealth of opportunity the NFT industry has created, NFT marketplace Rario has introduced an exciting new way to connect millions of cricket fans around the world with their favourite clubs and players. Digital cricket collectibles The team behind Rario, composed of several IIT (Indian Institute of Technology) graduates with expertise in blockchain technology, are building the world’s first cricket-based digital collectibles platform which will enable users to buy, sell and collect officially licensed Cricket NFT’s in a way that was never before possible. The beta version of the platform was released last month with early users given the chance to test the platform and collect early and rare serial numbers of the officially licensed Cricket digital collectibles inside the marketplace. The platform is built on the Polygon blockchain, which is popular with blockchain developer teams and has grown significantly since it rebranded last year. Having received early investment from several well-known firms and figures in the blockchain investment world including popular blockchain Polygon, blockchain gaming leader Animoca Brands, DST, Thiel Capital and several unicorn founders, Rario has also won rights to every cricket auction and has begun collaboration with various notable and reputable cricket leagues such as the Caribbean Premier League, the Lanka Premier League, the Gulf T20 and the Abu Dhabi T10. Joining players and teams with fans in a whole new way The Rario platform opens up a world of opportunities for cricket fans looking to connect with their favourite batsman or wicket-keeper; historical moments taken from the archives of the most popular tournaments and leagues, in collaboration with the players themselves, give cricket fans a chance to own a piece of history that is theirs alone and verifiably rare thanks to blockchain technology. Rario has so far already partnered with several top-name cricket players such as Indian legend and World Cup winner Zaheer Khan and Shakib Al Hassan, who is considered to be one of the greatest all-rounders of all time. More high-profile collaborations include AB De Villiers, Dwayne Bravo, Faf du Plessis, Smriti Mandhana and Shefali Verma. NFTs are concealed in digital card packs and drawn by platform participants, with the first set of NFTs set to be dropped into the marketplace on Sunday 29th August made up of moments from the previous 8 seasons of the Caribbean Premier League. “We are very excited to be bringing cricket into the world of digital collectibles” says Ankit Wadhwa, Ratio Founder and CEO, “the demand for digital content in the sporting industry is higher than ever before and as a sports with the second largest fanbase in the world, both the cricket industry and its billions of fans now have a new way to connect through their love of the sport.” The Rario brand logo will be making an appearance on the pitch of the Caribbean Premier League on August 26th for millions of viewers around the globe.   Image by Lisa scott from Pixabay 

The VeChain Foundation recently revealed a new tool that will be used to speed and improve efforts to reduce carbon emissions. This has become a major challenge in China, as the Asian giant prioritizes the reduction of its atmospheric pollution to 0 in the next decades. Called Digital Carbon Footprint SaaS Service, this VeChain-based tool is designed to help companies to change their carbon footprint by improving their data management practices, according to an official post. The Foundation claims that their new tool has combined decentralized ledger technology with a SaaS (Software as a Service) business model. This is how carbon emissions data reported by companies is legitimized and verified. Thus, VeChain and its tool help remove the trust issue in this important area, increase transparency, and improve the collection of data for a supply chain. Later, the data can be used by enterprises to track down the sector on the supply chain that needs to performed better to offset carbon emissions. VeChain’s Digital Carbon Footprint SaaS Service allows enterprise users to log key data and integrate it with world-leading third party assurance providers within VeChain’s partnership network. The VeChain Foundation claims that carbon emissions and responsible corporate social decisions have become a “massive global focus”. This has been increased by the COVID-19 pandemic. Therefore, consumers need tools that provide reliable information about these key items. Thus, their solution, the VeChain ecosystem, companies, and their reputation, and ecofriendly practices, all benefit from this technology. The Foundation stated: VeChain’s services provide an opportunity for businesses to amplify transparency and dramatically change the way consumers view carbon labelling. By leveraging VeChain’s intuitive Digital Carbon Footprint SaaS platform. VeChain (VET) On A 50% Monthly Rally, Next Potential Price Target In the coming decades, as China and the entire world try to migrate to more sustainable economies, VeChain and its solution could gain more importance. Decision-making, as the Foundation said, at a national and corporate level is becoming more “data-driven”. Therefore, scalable platforms, such as the Digital Carbon Footprint SaaS Service, could be a must for any company to carry on operating in a world that demands more transparency, and more social awareness. Over the past months, VeChain has consolidated and launched several solutions and partnerships. As NewsBTC reported, their collaboration with the Republic Of San Marino to provide COVID-19 vaccination certificates secure by blockchain VeChainThor. Its native token VET seems to have positively reacted to these events, as it records a 52% profit in the 30-day chart and 6.7% profit over the past two weeks. At the time of writing, VET trades at $0.11 after a retracement following the general sentiment in the market. As pseudonym trader VeChain Justin showed in the chart below, VET must reclaim the green area around $0.12 to reclaim support and have a chance at further appreciation. More downside could lead the token back below the $0,10 levels.

The Chedi Andermatt has 123 rooms and suites going for as low as 1,300 francs per night in the high season, or roughly 0.03 BTC or 0.45 ETH.

Right now, bitcoin is the 9th biggest asset class with a market cap of about 885 Billon dollars. In this market cycle, the price of BTC could easily surpass 150.000$, which would result in a market cap of around 2,9 trillon dollars, surpassing Apple. I also think it won't be long until Bitcoin could surpasses…
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