ICC WC: Web3 Firm Nordek To Sport Its Logo on The Dutch Cricket Jersey

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Source: The Flying Dutchmen Official FB Page

BENGALURU: Ahead of the much awaited ODI Cricket World Cup 2023, Netherlands Cricket Team ropes in Global blockchain and Web3 Payments company Nordek as its title sponsor for the upcoming ICC World Cup Cricket 2023.

Nordek’s sponsorship of Team Netherlands (nicknamed ‘The Flying Dutchmen’) comes after a slew of major fintech and edutech players have become title sponsors in past few years of major Cricket teams including that of Team India.

Founded by Blockchain entrepreneurs Mr. Kashyap and Mr. Kishor, the company aims to capitalize its presence in European blockchain market. The European blockchain market is anticipated to witness remarkable growth, expanding from a valuation of US$ 1.2 billion in 2021 to a substantial US$ 59.1 billion by 2028.

Speaking on the occasion, Nordek’s Founder & Promoter, Mr. Kishor and Mr. Kashyap said, “This is a great period of boom in sports especially in India, which is the fastest growing economy. With venturing into Cricket, we aim to reach out to the Global Sports Fans and students who can explore more opportunities in blockchain. Nordek strives to be the most business and consumer-friendly blockchain ecosystem for mainstream adoption of web3 payments. And, our target audiences are the ones who understand the length, breadth and depth of agility, just like their understanding of Cricket. We believe, the Cricket fans would also fall in love with the fast and most EVM-compatible Network Blockchain, i.e., Nordek.”

To this, Monica Visser, CEO of Netherlands Cricket reiterated that, “With growing business of blockchain across the world and the revolutionizing of fintech industry, we are happy to on-board Nordek as the Title Sponsor. The partnership will not only build trust in the ever evolving fintech industry but will also open newmarket avenues in tandem with sporting events for learning as well as growing, together”.

With venturing into the world of Cricket, Nordek is planning to make its brand presence felt across countries where blockchain is gaining traction, including the Middle East where blockchain and technology in fintech is taking a tenfold increase. Nordek also provides education to universities and colleges on the subject called ‘blockchain’. The company is providing free of cost education to more than 100 universities and colleges.

The global blockchain market is expected to reach $56 billion by 2026, growing at a CAGR of 56.9% forecast and Nordek plans to be a major player in the market.

NORDEK is powered by a fast and low-cost EVM-compatible NRK Network blockchain. Nordek is designed to be friendly for blockchain and non-blockchain developers alike. The stack is interoperable and compatible with the EVM ecosystem while still enabling the business needs of regular businesses wishing to utilize this disruptive technology. Rover.finance, another arm of Nordek provides human resource solutions in fintech that includes book-keeping, salary, remuneration transfers, incentivization etc.