Press Release
Why is Zebi stack, a Cosmos Fork, used for the Cricket Foundation platform?
Introducing the powers of NFTs to the world of cricket, Cricket Foundation has unlocked doors to numerous possibilities.
Being the world’s first exclusive marketplace for this sport, Cricket Foundation provides a platform where fans can enjoy a sense of belongingness with their favourite players by directly owning an asset listed by the player. For the players, it presents a unique opportunity to monetize their assets, get a broader market, and connect with their fans beyond just materialistic interactions.
But catering to a sport that is broadly facing emerging markets has three primary challenges : 1. Cost : Solutions need to be able to be cater to the largest section of the users, starting even a sub cent transactions, and lower cost of delivery, 2. Complexity: challenges in emerging markets and edge use cases are multiple and 3. Scale: imaging building a platform to support a billion users. This is where Zebi’s expertise in building and managing solutions focused on emerging markets will be of extensive value..
How does Zebi’s Cricket Foundation achieve this?
It all lies in the technicalities.
Starting with the basics, players can come to Cricket Foundation and list their assets. All they have to do is enter specific characteristics of their asset along with an image or video, or audio. This data will get stored in the immutable ledger of the Blockchain technology in a specific format. This format will allow the asset to exist in the digital space uniquely.
Furthermore, tokens represent the asset stored on the blockchain. These tokens are called Non-fungible tokens.
The said tokens are not interchangeable, given their unique assets. They carry the same value as held by the asset in real life. Therefore, anyone who owns these tokens in the digital space owns the asset in real life.
Proof of ownership exists from the get-go, given the asset’s presence on the blockchain, making asset verification quick and easy. As a result, the asset carries credibility and authenticity as long as the blockchain exists.
Cricket’s NFT marketplace has an unparalleled advantage in the space for a deeper technical analysis.
For instance, rather than using an existing, congested, and non-scalable Blockchain platform, Zebi leverages its Blockchain stack to build the underlying Blockchain for the Cricket Foundation. As a result, the application can achieve more scalability, throughput, decentralization, reliability, and security.
What this means is that Cric token is built as its own a Layer 1 solution with several applications built on top of it. This can also connect with other Layer 1 platforms via IBC, or Inter Blockchain Communication.
The core concept of Zebi is forked from the Cosmos architecture. Cosmos, also known as the Internet of Blockchains, is a platform that facilitates cross-chain interoperability. It is Byzantine fault tolerant, and built on a Proof of Stake consensus, amongst other things.
Therefore, Cricket Foundation has its Blockchain platform in a sense. If a user visits the Cricket Foundation explorer, they can see information like:
- The latest block formed on the Cricket Foundation’s Blockchain network
- How many transactions are complete till a specific point in time
- How many assets get staked on the platform
- Total number of validators
- Inflation Rates
Cric has its own nodes and validators, which allows the whole network to work more efficiently. With such information made available aboveboard, Zebi’s Cricket Foundation creates a transparent community-owned ecosystem.
Zebi allows the community members, including players, fans, clubs, franchises, boards, agencies, equipment manufacturers, and game developers, to have a critical role in the platform’s decision-making.
Conclusion
At its core, the use of Cosmos architecture allows Zebi to create a highly modular platform without privacy trade-offs. This means that even if two Blockchains are connected through the Zebi stack, their sovereignty is maintained.
Furthermore, the development and integration of these platforms become relatively easy, allowing the whole network to be more efficient.
Therefore, Cricket Foundation is not just another Blockchain-based NFT marketplace but also a more extensive ecosystem. The future of such an architecture holds the possibility of numerous collaborations, which gives Cricket Foundation the potential to become the future of the digital ecosystem for cricket.
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is pleased to welcome AurumX as a Primary Exhibition Sponsor for its upcoming 2026 edition.
AurumX is building a next-generation, AI-driven institutional-grade global asset financial trading system. Explore more at https://aurumx.pro
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is honored to welcome PancakeSwap as a Secondary Exhibition Sponsor for its upcoming 2026 edition.
PancakeSwap is a leading decentralized exchange. Explore more at: https://pancakeswap.finance/swap
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Press Release
Solana Company (Nasdaq: HSDT) Announced as Co-Organizer at Hong Kong Web3 Festival 2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival 2026 is honored to have Solana Company (Nasdaq: HSDT) onboard as a Co-organizer.
Solana Company (Nasdaq: HSDT) is a listed digital asset treasury dedicated to acquiring Solana (SOL), created in partnership with Pantera and Summer Capital. Focused on maximizing SOL per share by leveraging capital markets opportunities and onchain activity, Solana Company offers public market investors optimal exposure to Solana’s secular growth. Learn more: https://solanacompany.co
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
AurumX Joins Hong Kong Web3 Festival 2026 as Primary Exhibition Sponsor
PancakeSwap Announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026
Solana Company (Nasdaq: HSDT) Announced as Co-Organizer at Hong Kong Web3 Festival 2026
Anvita Announced as Platinum Sponsor at Hong Kong Web3 Festival 2026
BAXS Announced as Platinum Sponsor at Hong Kong Web3 Festival 2026
卓锐证券即将亮相香港Web3 Festival 共探币股联动新机遇
Cardalonia Aiming To Become The Biggest Metaverse Project On Cardano
P2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
WOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
ETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
Project Quantum – Decentralised AAA Gaming
WOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
-
Crypto4 years agoCardalonia Aiming To Become The Biggest Metaverse Project On Cardano
-
Press Release5 years agoP2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
-
Blockchain6 years agoWOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
-
Press Release5 years agoETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Press Release5 years agoProject Quantum – Decentralised AAA Gaming
-
Blockchain6 years agoWOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
-
Press Release5 years agoETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Blockchain6 years ago1.5 Times More Bitcoin is purchased by Grayscale Than Daily Mined Coins