Animoca Brands Validates Chiliz Chain to Power SportFi

Animoca Brands recently became a node validator on the Chiliz Chain to bolster the blockchain network’s stature in entertainment and sports.

By taking on the responsibilities of a chain verifier on Chiliz, Animoca Brands strengthens its impact on the SportFi ecosystem, supporting and enhancing sports brands through the power of blockchain technology.

We’re pleased to join @Chiliz‘s #SportFi ecosystem by becoming a new validator on the Chiliz Chain, aligning our #blockchain innovation with Chiliz’s initiative to boost fan engagement & 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 rapidly 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 groundbreaking SportFi applications. 

As such, the platform already boasts a user base of over two million, more than 80 fan tokens from esteemed football clubs via socios.com, community apps, asset management solutions, numerous Metaverse-run sports games, and virtual sports collectibles. 

Incorporating Animoca Brands into its ecosystem signifies a critical turning point in Chiliz’s mission to become a premier, cutting-edge blockchain platform for entertainment and sports. Animoca proudly leverages the blockchain to develop sports and entertainment games and products, backed by more than 400 Web3 investments.

As the two Web3 powerhouses collide, the GameFi, SportFi, and DeFi sectors can anticipate exciting, innovative developments ahead. 

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

The post Animoca Brands Validates Chiliz Chain to Power SportFi appeared first on NFT Plazas.