Chiliz, a supplier of sports blockchain, has entered into a multi-year partnership with the UAE Pro League.
The top professional football league in the UAE, the UAE Pro League (ADNOC Pro League), and Chiliz, a blockchain supplier for the sports business, announced a cooperation on April 18, 2024.
The goal of this multi-year deal is to increase the league’s visibility on a worldwide scale by using cutting-edge Web3 technology.
One new fantasy football game that will be played on Web3 will be the primary emphasis of the cooperation at first. Using blockchain technology, they want to provide fans with an immersive and one-of-a-kind experience.
Also, Chiliz and the UAE Pro League are teaming together to deliver blockchain-authenticated game-scored balls. One other way football fans may hold on to a bit of the past is this. Impending announcements will provide further specifics about the distribution of these highly sought-after commodities.
“This multi-year deal aims to provide innovative innovations to our fans,” said Waleed Ebrahim Alhosani, CEO of the UAE Pro League.
And the CEO of Chiliz and Socios.com, Alexandre Dreyfus, was just as enthusiastic. As Chiliz continues to lead the way in integrating web3 technology into sports, their collaboration with the UAE Pro League represents a major milestone, according to Dreyfus.
The Web3 fantasy football game will be the focal point of the first phase of the relationship, which might provide several advantages to both the UAE Pro League and its supporters.
First of all, Web3 games often include unique P2E features and player ownership of in-game assets, which encourages more fan interaction and a feeling of real participation. Second, the global reach of blockchain technology means that the UAE Pro League might reach more fans than ever before.
Lastly, the league may open up new avenues of financial possibility by generating extra money via digital assets, such as the unique game-scored balls. Notable football teams that Chiliz has worked with in the past include Arsenal and Paris Saint-Germain.
Also Read: SingularityNET and Cardano’s Minswap Form an Alliance for AI-Driven DeFi
Wallets