Bat signed by 2011 World Cup-winning Indian team sold for a whopping amount in auction

A whopping 23 historic digital artefacts were sold during the first authentic cricket augmented reality non-fungible token (NFT) auction. The event was conducted by CricFlix in association with RevSportz and Fanatic Sports in Dubai. Digital rights of a bat signed by MS Dhoni-led 2011 World Cup-winning team and David Warner’s 2016 IPL-winning singed jersey fetched staggering amounts in the auction.

A fierce bidding war took place between the prospective buyers to get hold of the signed jersey of the Dhoni-led team. It was finally sold for a staggering amount of $25,000 (INR 18,76,000) as per a media release.

Meanwhile, Warner’s Sunrisers Hyderabad SRH signed jersey managed to top the chart as it fetched the highest bid of $30,000 (INR 22,51,200).

"The Cricket NFT AR market store auction was a 100 percent record-breaking success having sold out all 23 items in one NFT auction. The entire catalogue was sold out for $ 335,950 (Approximately INR 2.5 Crore) Cricflix has affirmed its position as the pioneer in the AR NFT Spacez. Cricflix has already captured around 960+ of the world's rarest ever cricket memorabilia in their purest form to Digital and already started preserving them in Blockchain for the future generations," said Anwar Hussein, Co-Founder of CricFlix.

Sachin Tendulkar’s final Test ticket and a jersey were the first ones to go under the hammer. It found a taker in Amal Khan from Mumbai, who brought it for $40,000 (INR 30,01,600). The CricFlix’s rare Al-based NFT auction was a huge success. It gave fans and cricket lovers an opportunity to preserve a player’s prized possession.

"We are delighted with the response. It will be a unique, exciting, and fulfilling experience for the fans to not just enjoy financial benefits but also experience top sporting moments across the globe,” said Raghav Gupta, Founder & CEO, Fanatic Sports.