Chiliz

United

Multichain

London, United Kingdom, January 4th, 2024, Chainwire
<a href="http://www.chiliz.com/" rel="noopener noreferrer nofollow" target="_blank">Chiliz</a>, the leading blockchain provider for the sports and entertainment industry, today announced the integration of <a href="https://rarible.com/" rel="noopener noreferrer nofollow" target="_blank">Rarible’s</a> innovative protocol into the Chiliz Chain, heralding a new era for NFT marketplaces and digital collectibles.&nbsp;
Developers can now leverage Rarible Protocol to construct custom NFT marketplaces on the Chiliz Chain. Additionally, SportFi dApps, wallets, and marketplaces will gain real-time access to NFT ownership and provenance data, enhancing user experience in the NFT domain.
Rarible Protocol is a decentralized toolkit that simplifies NFT interactions offering features such as enforced royalties, multi-chain aggregation, and fast indexing. Its blockchain-agnostic nature and the Multichain SDK enable developers to seamlessly query, issue, and trade NFTs on the Chiliz Chain. The protocol also provides a treasure trove of NFT-related data, both on-chain (ownership, transactions) and off-chain (orders, bids, auctions), fostering a comprehensive NFT ecosystem for any IP owner and content creator to power their own custom-built marketplace.
This integration prioritizes performance and cost-effectiveness. Rarible’s commitment to low gas consumption and high-performance tools aligns perfectly with Chiliz’s vision of providing an efficient, user-friendly NFT experience. Features like fee splitting across creators and continuous smart contract optimization will drive down costs, making NFT transactions more accessible.&nbsp;
Rarible Protocol is already used by 4000+ applications and is governed by $RARI holders and the delegate community. The protocol enables the introduction of front-end fees, offering new monetization avenues for creators. This, combined with the robust, easy-to-use tech stack, paves the way for a diverse range of NFT marketplaces and digital collectibles, enriching the Chiliz ecosystem.&nbsp;
Chiliz Chain is fast becoming the home for leading sports brands in web3, with the door open for builders to explore innovative ways to pioneer SportFi applications.&nbsp;
About Chiliz
Chiliz is the home of SportFi, where sports brands meet decentralized opportunities. Our infrastructure is driven by the Chiliz Chain, the first Layer-1 EVM compatible blockchain for sports and entertainment which now has a diverse ecosystem, fuelled by Chiliz native token CHZ. Our primary product on the Chiliz Chain, Socios.com, hosts a global community of over two million users, which makes it the largest non-finance/trading-centric Web3 consumer-facing product globally by user base. We have partnerships with 150+ brands, including the giants of world sport such as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, S.S.C Napoli, Inter Milan, AC Milan, Arsenal, Atlético Madrid, A.S. Roma and major F1 teams. Visit<a href="http://www.chiliz.com/" rel="noopener noreferrer nofollow" target="_blank"> www.chiliz.com</a> for more information.
About Rarible
Rarible is a leading blue-chip NFT platform that powers both established and emerging brands and creators. Through a multi-chain, aggregated marketplace for NFTs, a self-serve marketplace builder tool, and a white-glove service for custom marketplaces, our products help brands and creators achieve success at every stage of their NFT journey.&nbsp;
Dan Edelstein pr@marketacross

Rarible Protocol integration into Chiliz Chain: Paving the way for next-gen NFT marketplaces

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