Australian cricket has made the first official entry into the world of non-fungible tokens (NFTs), joining a trend that has already produced millions of dollars for sports throughout the world, and that, according to Deloitte, will generate around $2.7 billion by the end of this year globally.
Cricket Australia (CA) and the Australian Cricketers Association (ACA) announced today that they have signed a multi-year licensing agreement with Singapore-based collectibles platform Rario and NFT trading company BlockTrust, allowing cricket fans to own and trade NFTs of some of Australia’s most memorable cricketing moments.
As a result, digital versions of memorable events such as Steve Waugh’s Ashes hundred at the SCG in 2003, Peter Siddle’s hat-trick in 2010, and Ellyse Perry’s double hundred in 2017 will be available to buy and trade.
The deal between CA and the ACA will see the revenue of Australian cricket NFTs shared between players (past and present) and Cricket Australia, although specifics of the agreement have not been shared publicly yet.
Fans can register their interest at nft.cricket.com.au or rario.com.