In order to produce and monetize digital collectibles in the form of NFTs based on its IPs, Indiawin Sports Private Limited (ISPL), the parent company of the five-time IPL champion Mumbai Indians, published a Request for Proposal (RFP).
‘ISPL seeks ideas from Worldwide and Indian organizations to design and launch the NFTs based on its existing IPs and utilize Mumbai Indians’ global brand value,’ reads the notice.
The Request for Proposal (RFP) will be made available once payment of a non-refundable fee of INR 100,000 plus any applicable Goods and Services Tax has been received. The RFP will contain 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 will be made available after payment has been received.
Only once the non-refundable RFP cost has been paid will the request for proposals (RFP) papers be issued. Up to the 17th of January in 2023, only those interested in purchasing the RFP issued by Mumbai Indians may do so.
The Mumbai Indians have been the most successful franchise in the history of the Indian Premier League, winning five league titles throughout the course of the tournament’s 15 seasons. ISPL said that it has around 50 million social media followers across all of its platforms at this time and is searching for new methods to connect with the community.
Compiled by Coinbold