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NFT News

Mumbai Indians Becomes the First IPL Team to Issue RFP for NFT

Interested parties can only purchase the RFP issued for NFTs by Mumbai Indians until January 17, 2023, for a non-refundable fee of INR 100,000.

Written By Vismaya V Vismaya V
Published January 3, 2023 1:21 PM
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Mumbai Indians Becomes the First IPL Team to Issues RFP for NFT

Indiawin Sports Private Limited (ISPL), the parent company of the five-time IPL winner Mumbai Indians, issued a Request for Proposal (RFP) for services connected to developing and monetizing digital collectibles in the form of NFTs based on its IPs.

Mumbai Indians issues RFP for NFT solutions!

Read more 👉https://t.co/i2qRaDqat0#MumbaiIndians pic.twitter.com/DKKniLJ0oG

— Mumbai Indians (@mipaltan) January 2, 2023

According to the announcement, “ISPL invites proposals from Global and Indian entities to create and launch the NFTs based on its existing IPs and leverage Mumbai Indians’ global brand value.”

The RFP will be made available upon receipt of payment of a non-refundable fee of INR 100,000 plus any applicable Goods and Services Tax, containing all of the specific terms and conditions governing the RFP process, including eligibility requirements, the procedure for submitting bids, rights, and obligations, etc.

The RFP documents will only be provided after payment of the non-refundable RFP fee. Interested parties can only purchase the RFP issued by Mumbai Indians until January 17, 2023.

With five league victories in 15 seasons in the Indian Premier League, Mumbai Indians have been the tournament’s most successful franchise. ISPL said it now has roughly 50 million social media followers across all of its platforms and is looking for new ways to engage with the community.

Also Read: God of Cricket Sachin Tendulkar Partners with NFT Platform Rario

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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