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Why is Zebi stack, a Cosmos Fork, used for the Cricket Foundation platform?

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5 years ago

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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:

  1. The latest block formed on the Cricket Foundation’s Blockchain network
  2. How many transactions are complete till a specific point in time
  3. How many assets get staked on the platform
  4. Total number of validators
  5. 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. 

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Press Release

ChainUp Joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

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3 days ago

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January 23, 2026

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We’re thrilled to announce that ChainUp is now a Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

ChainUp, a leading global provider of digital asset solutions, empowers businesses to navigate the complexities of this evolving ecosystem. Founded in 2017 and headquartered in Singapore, ChainUp serves a diverse clientele, from Web3 companies to established financial institutions.

ChainUp’s comprehensive suite of solutions includes crypto exchange solutions, liquidity as-a-service, custody services, MPC wallet-as-a-service, KYT crypto tracing analytics tool, asset tokenization, crypto asset management, and Web3 infrastructure such as mining, staking, and blockchain APIs. For more information, visit: https://www.chainup.com/

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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Press Release

Hong Kong Web3 Festival 2026 is Proud to Welcome Hotcoin as a Primary Exhibition Sponsor

Published

3 days ago

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January 23, 2026

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Hong Kong, 23rd January 2026, ZEX PR WIRE, Join us in giving a grateful welcome to Hotcoin, who will be joining us for Hong Kong Web3 Festival 2026 as a Primary Exhibition Sponsor!

Hotcoin is your go-to global crypto exchange where trading feels easy, secure, and exciting.

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies. Hong Kong Web3 Festival 2026, the fourth edition of this epic crypto summit, will take place from 20 to 23 April at HKCEC.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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Qtum Joins Hong Kong Web3 Festival 2026 as a Platinum Sponsor

Published

3 days ago

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January 23, 2026

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Hong Kong, 23rd January 2026, ZEX PR WIRE, We’re excited to announce that Qtum is now a Platinum Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

Qtum is a decentralized, open-source public blockchain that merges Bitcoin’s security with Ethereum’s smart contract capabilities.

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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