Chiliz blockchain has started cooperating with the UAE Professional Football League
The parties are committed to long-term cooperation aimed at improving interaction with fans
18.04.2024 - 14:20
155
1 min
0
What’s new? The team of the Chiliz blockchain, focused on the sports and entertainment industry, has partnered with the top professional football league in the United Arab Emirates, the UAE Pro League. In the first phase of the multi-year partnership, the parties will develop a Web 3.0 football simulator, as well as provide fans with the ability to purchase exclusive game balls whose authenticity is recorded using blockchain.
What else is known? The collaboration with Chiliz is part of the UAE Pro League’s strategic efforts to improve fan engagement and expand its presence globally.
Chiliz is a Layer 1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM). It focuses on decentralized applications (DApps), non-fungible tokens (NFTs), blockchain games (Play-to-Earn, P2E), Watch2Earn virtual sporting events, and ticket sales for live matches. Chiliz is the basis for the Socios platform for fan tokens of soccer clubs and launching loyalty programs for fans.
Chiliz and Socios CEO Alexandre Dreyfus said the collaboration with the UAE Pro League is a key milestone for blockchain development. “We’re committed to enhancing the fan experience through these innovative platforms and look forward to contributing to the growth and success of football” across the MENA region, Dreyfus added.
Chiliz partnered with South Korea’s professional football league in February, with Tottenham Hotspur FC previously releasing the SPURS fan token on the Socios platform.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$97 352
BTC
-1.6%
-
Ethereum
$3 331.75
ETH
-2.53%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.35
XRP
-11.87%
-
Dogecoin
$0.414026
DOGE
-11.54%
-
Cardano
$0.988924
ADA
-7.86%
-
Stellar XLM
$0.534443
XLM
+22.87%
-
Polkadot
$8.36
DOT
+4.3%
-
Bitcoin Cash
$491.16
BCH
-7.84%
-
Litecoin
$94.61
LTC
-8.03%