Animoca Brands He recently became a node validator on Chiliz Chain to bolster the blockchain network’s stature in entertainment and sports.
By taking on the responsibilities of a chain verifier at Chiliz, Animoca Brands strengthens its impact on the SportFi ecosystem, supporting and enhancing sports brands through the power of blockchain technology.
We are delighted to join @Chiliz‘s #SportIn ecosystem by becoming a new validator of the Chiliz Chain, aligning our #blockchain innovation with Chiliz’s initiative to drive fan engagement and monetized interactions in the #Sports sector.
For more details: https://t.co/C2oTia8KxA pic.twitter.com/kKZkKcfbaq– Animoca Brands (@animocabrands) November 14, 2023
Shaping the Web3 Sports Arena
Chiliz Chain is quickly making its mark as an essential hub for sports brands with Web3 initiatives. The blockchain network offers a productive environment for developers to implement and receive innovative SportFi applications.
As such, the platform already has a user base of over two million, over 80 estimated football club fan tokens through Socios.com, community apps, asset management solutions, numerous sports games run by Metaverse and virtual sports collectibles.
The addition of Animoca Brands to its ecosystem marks a fundamental turning point in Chiliz’s mission to become a leading-edge, premier blockchain platform for entertainment and sports. Animoca is proud to leverage blockchain to develop games and sports and entertainment products, backed by over 400 investments in Web3.
As the two powerhouses of Web3 collide, the GameFi, SportFi and DeFi sectors can anticipate exciting and innovative developments in the future.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
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