07 March 2023 11:30, UTC
Studying time: ~2 m
Athlete NFT platform Blockasset introduced in the present day that it’s leaving Solana for Chiliz Chain 2.0, the Ethereum Digital Machine-compatible Layer-1 blockchain from sports activities fan token agency Chiliz.
Blockasset will in the meantime obtain an fairness funding from Chiliz, which owns the Socios fan token and rewards platform. Socios works with greater than 170 companions together with groups throughout the NFL, NBA, NHL, MLS, and prime soccer leagues around the globe. The funding comes by way of Chiliz Labs, the $50 million incubator Chiliz launched with VC agency Leap Crypto to assist blockchain tasks in sports activities.
Greater than 40 athletes supply NFTs by way of Blockasset, together with former English soccer star Wayne Rooney, NHL star Alex Ovechkin, New Zealand rugby participant Jonah Lomu, and UFC star Jorge Masvidal.
Blockasset joins livestreaming supplier FanFest and media gamification platform LiveLike in transferring onto Chiliz’s blockchain.
Why a ‘Tiny’ NFT Recreation Is Ditching Solana for Ethereum’s Immutable X
Blockasset’s departure from Solana follows DeGods and y00ts, two NFT collections that left Solana in January to hitch the Ethereum sidechain Polygon. Solana’s stature started to hunch in late-2022 amid the collapse of FTX as Sam Bankman-Fried was a significant Solana investor and constructed on its blockchain.
“Blockasset’s athlete-verified token method is totally different but fully complementary to our Socios.com staff Fan Token mannequin, permitting us to strengthen the utility of our Fan Tokens and enhance our catalog of rewards by way of cross activations,” Chiliz CEO Alexandre Dreyfus mentioned in a press release.
Followers should purchase Blockasset’s NFTs to entry perks equivalent to Discord chats with athletes, meet and greets, merchandise, and signed memorabilia.
Chiliz affords related rewards by way of Socios, its fan token platform that lets customers vote in polls associated to their favourite groups. Socios has different offers with the UFC, Skilled Fighters League and owns an fairness stake in FC Barcelona’s digital studio. Lionel Messi, soccer’s largest star, is a worldwide model ambassador for Socios.
Chiliz says it plans to additional spend money on web3 tasks to onboard onto its blockchain, with an emphasis on NFT ticketing and Play 2 Earn video games.