Ankr Partners Chiliz To Support Web3 Sports And Entertainment Use Cases

Key Points:

  • Ankr announced a partnership with Chiliz to provide support for Web3 sports and entertainment use cases.
  • The infrastructure provider will become the main RPC provider of the Chiliz chain.
  • It will also be a node validator on Chiliz Chain, running two validator nodes with the second as a backup candidate.
Ankr, a Web3 infrastructure provider, has announced a collaboration with Chiliz to offer Web3 sports and entertainment use cases.
Ankr Partners Chiliz To Support Web3 Sports And Entertainment Use Cases 3

Ankr will become the Chiliz chain’s primary RPC (Remote Procedure Call) supplier, offering public and sophisticated Chiliz endpoints on Ankr’s RPC platform.

Ankr’s Chiliz RPCs link wallets, command-line interfaces, and decentralized applications to the Chiliz Chain. They serve as a messenger or blockchain router, relaying on-chain information to Chiliz nodes, dApps, and, eventually, end users, allowing them to perform critical functions like as transactions, wallet balance population, ownership information retrieval, and much more.

The platform will also serve as a node validator on Chiliz Chain, with two validator nodes and a backup candidate. Chiliz first collaborated with Ankr in February 2022 to launch the Chiliz Chain.

Chiliz Chain is the next stage of the Chiliz project, providing the infrastructure for sports teams and marketers to create Web3 products. It is a Proof-of-Stake Authority blockchain that runs on Layer 1. Chiliz Chain wants to provide a Web3 infrastructure to sports enterprises by using fan tokens and Web3 technology, bringing fans and communities together. The chain fees will all be paid in CHZ.

Ankr Partners Chiliz To Support Web3 Sports And Entertainment Use Cases 4

Chiliz is the founder of Fan Tokens and the world’s biggest fan interaction and incentives program, Socios.com. Fan Tokens are digital utility tokens that enable fans to interact with their favorite teams and receive incentives by accessing active communities on the Socios.com app.

The Socios.com and Fan Token ecosystem includes world-class athletes such as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, S.S.C Napoli, Inter Milan, AC Milan, Arsenal, Atlético Madrid, A.S. Roma, UFC, and key F1 teams, and it continues to develop with over 2 million wallets.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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