TechFlow reports that Chiliz has announced the SportFi ecosystem welcoming over 25 projects, converging sports and decentralization to bring new products and experiences for fans.
In addition, Chiliz Chain has transitioned into a permissionless platform, enabling developers to launch projects, smart contracts, and tokens, driving innovation in the world of sports and entertainment.
The three core components of SportFi are: Sports + DeFi, sports tokenization, and sports authenticity.
Chiliz Chain’s role within SportFi is to provide infrastructure support, create digital assets—including fan tokens and NFTs—open up new revenue streams for the sports industry, and strengthen the relationship between brands and fans.
The SportFi ecosystem is more than just a vision; it's an operational network with over 25 major partners, continuously expanding its offerings and delivering value to sports brands, fans, and developers alike.
