Chiliz Chain Announces Its First NFTs and Charity Auction

Key highlights:

• Chiliz simply introduced their “historic first NFTs” that use athletes’ one-of-a-kind memorabilia to assist rake in donations for nice causes.
• Chiliz and companions like Widespread Objective intention to harness the transparency of distributed ledgers to actually monitor the place the dough goes and provides bidders a direct line-of-sight to the distinction their bids make.

Sports activities and know-how have lengthy gone hand in hand. However now, one blockchain startup is taking that relationship to the following level- leveraging the facility of crypto and NFTs to make an actual distinction on the planet.

Chiliz, the sports-focused blockchain behind among the greatest fan tokens on the market, simply dropped what they’re calling their “historic first NFTs.” However these aren’t your common profile image collectibles. As Chiliz CEO Alexandre Dreyfus explains, this is not simply in regards to the tech or about shopping for digital goods- it is about utilizing know-how to drive optimistic social change.

Placing well-known shirts to good use

In partnership with the philanthropic group Widespread Objective, Chiliz is launching a novel charity public sale they’re calling the One Shirt Pledge. International sports activities stars like Juan Mata, Victor Osimhen, and Giorgio Chiellini have all donated match-worn jerseys from their private collections.

Now, these unique collectibles might be auctioned off on the Chiliz Chain – a Layer 1 blockchain constructed particularly for the sports activities world. However it’s not simply the shirts which might be particular. Every comes embedded with an NFC chip permitting the brand new proprietor to entry a customized video message from the athlete about why they selected to donate.

On prime of that, possession comes with a particular Proof-of-Authenticity NFT to perpetually show your personal real memorabilia. It is a neat mix of the digital and bodily.

Harnessing tech for transparency and influence

The overarching purpose, although, is bigger than simply amassing cool sports activities items. All public sale proceeds will profit Widespread Objective’s initiatives centered on essential points like racial justice, psychological well being help, gender fairness, and catastrophe reduction.

By leveraging blockchain tech, Chiliz and Widespread Objective hope to take their influence and transparency to the following stage. Potential donors can straight hint the place their contribution went by way of the general public ledger. And down the road, they envision crowdsourcing concepts from international sports activities communities on the issues that matter most to them.

For the total yr 2023, CHZ worth may climb as excessive as $0.283, probably gaining over 300% from present costs.

So in summary- you get an unique piece of sporting historical past, assist help significant causes, and get to proudly say you owned the very first NFTs on a serious new blockchain. With initiatives like this, the probabilities of “blockchain for good” appear limitless.