Chiliz is well-known for its blockchain solutions that revolutionize fan engagement in sports, including fan tokens and interactive engagement platforms via its flagship venture, Socios.com. The platform supports over 80 sport-related fan tokens and has amassed more than 2 million users. Chiliz facilitates team-specific fan tokens for top football clubs such as FC Barcelona, Inter Milan, Juventus, Paris Saint-Germain, and Manchester City, among others.

The Chiliz network employs a Proof of Staked Authority (PoSA) consensus algorithm, allowing smart contract developers, validators, stakers, and other participants to interact with the chain. This system is tailored to cater to sports and entertainment applications, emphasizing brand IP and maintaining project use-case integrity.

Significance of the collaboration

Chiliz’s collaboration with Azuro is a strategic step to access the rapidly expanding on-chain prediction markets. By utilizing Azuro’s well-established infrastructure across EVM-compatible chains, Chiliz aims to enhance its market presence. Azuro, known as the top protocol on Gnosis and the most profitable protocol on Polygon, provides reliable infrastructure trusted by over 25 applications, with transaction volumes exceeding $320 million.

The Azuro protocol enables applications to launch without any initial investments and operational expenses, allowing full focus on user acquisition and monetization. Through the collaboration, Chiliz will be incorporated into the Azuro Protocol, expanding its presence in sports-centered prediction applications. Developers utilizing Azuro can now connect their apps to the Chiliz Chain and conduct transactions using the CHZ token.

“Integrating with Azuro marks a pivotal move for Chiliz Chain to capitalize on the rapidly expanding onchain prediction market. Leveraging Azure’s advanced infrastructure, we’re empowering developers to innovate within the sports and gaming sectors.”— Alexandre Dreyfus, CEO of Chiliz and Socios.com

Azuro and Chiliz are launching a grants program to encourage app developers to build on their infrastructure, aiming to boost the adoption of onchain prediction markets and promote transparency and fairness.

Azuro is the onchain predictions layer. It consists of modular tooling, oracle, and liquidity solutions for EVM chains to host powerful prediction and gaming apps.

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Common Goal unites elite footballers, managers, clubs and brands in a shared effort to drive social change through the game. Players, managers and businesses join Common Goal by pledging a minimum of 1% of their earnings to projects that harness the power of football to tackle the greatest social challenges of our time.

Common Goal and Chiliz are united in the belief that blockchain technology can bring increased transparency, better governance and provide the scalability to reach new audiences. The two companies will work together on a long-term plan to drive greater social change, which will include a series of initiatives, new products and services.

Chiliz and Common Goal will work together on shared initiatives to mobilise the global football community, leveraging Chiliz global sports network to impact social change and to grow the Common Goal audience among teams and fans.

Alexandre Dreyfus, CEO of Chiliz said: “The great synergy we have always had with Common Goal is our shared desire to mobilise the global sports community to make positive change, but this partnership is an exciting move forward for us both.

“Through our technology, and our network, we can work with them to build new communities, scale their movement, reach new audiences. We can help them build products and services that will support engagement, transparency and governance, illustrating how Chiliz Blockchain technology can help create social change.

“The One Shirt Pledge is the perfect initiative to kickstart our alliance. Our call to action to the sports industry and its athletes is simple: take a shirt or match worn item from your collection that has special meaning and make it even more special by using it to help those who really need it.”

SOURCE:

https://medium.com/chiliz/common-goal-and-chiliz-the-sports-blockchain-announce-long-term-tech-partnership-to-increase-5d2583f90be3

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Chiliz Labs, the blockchain venture accelerator and incubator launched on March 1st, has announced a partnership with Blockasset for integration with the new Chiliz Chain designed for sports and entertainment.

Blockasset, a renowned Web3 sports brand with millions of social media followers and multiple sold-out sports NFT drops, is introducing an athlete token ecosystem featuring over 40 top-tier athletes.

Introduction

Chiliz, a prominent blockchain company in the Web3 sports and entertainment industry, has announced that Blockasset, a sports token firm, has committed to constructing on the new Chiliz Blockchain. Chiliz has invested equity into Blockasset as part of the partnership, with other partners such as Wayne Rooney and Michael Bisping also joining.

Although Blockasset is a platform for athlete-verified tokens, it enables fans, athletes, and brands to connect via innovative Web3 social technology. As the next phase of token development, Blockasset plans to shift from Solana, where $BLOCK saw impressive growth, to the Chiliz Chain, the fastest-growing layer-1 chain for sports and entertainment.

Blockasset will be the latest innovative project to benefit from Chiliz Labs, a $50 million incubator and accelerator program launched on March 1 by Chiliz and Jump Crypto. Chiliz is the company behind Fan Tokens and the Socios.com app, which has over 1.8 million wallets and more than 170 global partners. Therefore, the company aims to create the biggest community of fans, brands, and developers in the sports and entertainment sector using a dedicated Web3 network. Furthermore, Chiliz Labs aims to provide a conducive environment for developers and entrepreneurs who focus on creating long-lasting and utility-driven projects.

Partnerships and Engagements

Blockasset has partnered with live streaming provider FanFest and fan engagement start-up LiveLike to develop Web3 products and services such as blockchain-backed collectibles for broadcasters and media partners that offer “watch to earn” features. Furthermore, Chiliz plans to add more enterprise-level projects in the coming months, including NFT ticketing pilots and Web3 infrastructure partners focused on sports and entertainment. By working with Chiliz Labs, Blockasset can take advantage of Chiliz and Socios.com’s networks to provide utility and cross-activations for Fan Token and athlete token holders.

Blockasset has already released five sold-out NFT collections, one of which was the Blockasset Legends featuring athletes like Muhammad Ali, Wayne Rooney, and Michael Bisping, which became the world’s highest-grossing verified sports collection. Blockasset is now launching a new fan token platform for athletes that will feature official tokens from its world-class roster of more than 40 athletes, including UFC superstars like Jorge Masvidal, Khamzat Chimaev, and Gilbert Burns. Fans can subscribe to the initial athlete token listings through Blockasset’s platform.

Additionally, Chiliz, which recently celebrated its fifth anniversary, boasts a global workforce of over 300 employees spread across nine locations around the world. With the upcoming public launch of its new blockchain, Chiliz is poised to solidify its position as a leader in the adoption of blockchain technology in the sports and entertainment industries. In this blockchain, Chiliz’s native token $CHZ will be the network enabler of an open, multi-vertical ecosystem where top brands from sports and entertainment can create NFTs and Fan Tokens, DeFi products and Play2Earn games, and establish event, loyalty and merchandising programs, with all fees payable in $CHZ.

About Chiliz

Chiliz is a global blockchain company that focuses on sports and entertainment. Its platform, Socios.com, allows sports and entertainment organizations to create fan tokens that fans can use for various activities and decision-making processes. Chiliz also offers a blockchain-based voting platform for club decisions. The company is headquartered in Malta and has over 300 employees in nine locations worldwide. Chiliz recently launched its own blockchain, Chiliz Chain, which is dedicated to sports and entertainment and enables the creation of NFTs, fan tokens, DeFi products, and Play2Earn games.

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About Blockasset

Blockasset is an athlete-verified NFT platform and ecosystem, connecting fans to their favorite athletes like never before. Harnessing the power of exclusive athlete content, real-world NFT utility and community governance, Blockasset is creating the go-to platform for athletes and sports fans alike.

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SOURCE

https://medium.com/chiliz/chiliz-announces-athlete-verified-token-platform-blockasset-as-latest-company-to-build-on-the-new-2f2ba759e6b9

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