Mumbai Indians to invite bids for NFTs

Ishan Kishan

Mumbai Indians have been foresighted in the development of the franchise. This time around, Indiawin Sports Private Limited (ISPL), the parent company of Mumbai Indians has invited proposals for its digital collectibles non-fungible tokens (NFTs). 

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 detailed terms and conditions governing the RFP process including eligibility requirements, process for submissions of bids, rights, and obligations, etc. are contained in the RFP which will be made available on receipt of payment of a non-refundable fee of INR 100,000 (Indian Rupees One Lakh Only) plus any applicable Goods and Services Tax,”

ISPL said in an official announcement.

“The procedure to procure the RFP documents is enlisted in Annexure A to this notice. The RFP will be available for purchase till 17th January 2023. Interested parties are requested to email the details of payment made for the purchase of the RFP to RFP@mumbaiindians.com as per the procedure laid down in Annexure A. It is clarified that the RFP documents shall be shared only upon the confirmation of payment of the non-refundable RFP fee,”

it added.

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