Working vigorously to bolster the Indian Non-Fungible Tokens (NFTs) ecosystem, SportZchain, a thought-leader in the Indian blockchain-based fan-engagement industry, has joined forces with the country’s leading NFT platform, Koinearth. Through this partnership, SportZchain is now an instrumental part of the unique NFT-platform, NgageN, backed by Koinearth. The SportZchain NgageN platform will go live by the end of this month. This collaboration is an instrumental step in SportZchain’s vision to strengthen fan-engagement methodologies that surpass the expectations of both human and machine interactions.
As the first course of action post-partnership, SportZchain will go live on its sui generis NFT platform NgageN, accompanied by a wide range of rare NFT collectables hailing from Cricket, Kabaddi and Football. The brand will later expand its partner portfolio in different games, but the digital collectables will be focused on the aforementioned three sports categories in the first phase. SportZchain will release the list of undivided and top-drawer NFT collectables by mid-February.
On NgageN, the SportZchain collectables will be available in Indian currency. These digital tokens will be GST-compliant coupled with authentication certificates. In addition, SportZchain will launch collectables of fans of upcoming art creators to provide them with an open and reliable platform to monetize their artistry. Moreover, these NFTs can be listed on Opensea, the world’s largest digital marketplace, for secondary sale, purposes. This option fortifies NFT’s value proposition for the Indian buyer community.
Siddharth Jaiswal, Founder & CEO, SportZchain said, “After months of research, strategic development and high-powered partnerships, we have finally partnered with NgageN, backed by Koinearth. This was a much-awaited plan in our growth journey, and we are thrilled to announce that the SportZchain NgageN platform will be live by the end of February. We are absolutely sure that this thrilling platform will bring avid NFT collectors, sports enthusiasts, fans and sports clubs, teams and leagues together like never before.”
Dr Praphul Chandra, CEO of NgageN, said, “Sports clubs or teams worldwide are striving to drive closer engagement with fans. We are excited to partner with SportZchain to enable this with NFTs. Our NgageN platform is designed to allow brands to sell or allocate NFTs and build a community of fans and enthusiasts and drive engagement. This launch is the first step towards the future of fan engagement in the Indian sports ecosystem.”
It is pertinent to note that, Koinearth is a pioneering platform in India offering state-of-the-art infrastructure to brands striving to launch their individual NFT collections. It is the first and only platform that provides NFTs in Indian rupees or Fiat Currency. The best part is all NFTs sold through Koinearth are automatically available for resale on Opensea.