Athlete NFT platform Blockasset introduced at present 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 high soccer leagues world wide. The funding comes by means of Chiliz Labs, the $50 million incubator Chiliz launched with VC agency Soar Crypto to assist blockchain initiatives in sports activities.
Greater than 40 athletes provide NFTs by means 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 shifting onto Chiliz’s blockchain.
Why a ‘Tiny’ NFT Sport 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 droop 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 strategy is completely different but utterly complementary to our Socios.com workforce Fan Token mannequin, permitting us to strengthen the utility of our Fan Tokens and improve our catalog of rewards by means of cross activations,” Chiliz CEO Alexandre Dreyfus stated in a press release.
Followers should purchase Blockasset’s NFTs to entry perks corresponding to Discord chats with athletes, meet and greets, merchandise, and signed memorabilia.
Chiliz provides related rewards by means 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 initiatives to onboard onto its blockchain, with an emphasis on NFT ticketing and Play 2 Earn video games.