Fan Tokens: Blockchain will allow authentication of jerseys and other sports collectibles

Fan Tokens: Blockchain will allow authentication of jerseys and other sports collectibles

Chilliesa leader in blockchain solutions for the sports industry, introduces GameUsed.com by Chiliza new service that will enable clubs and other sports organizations to authenticate official jerseys worn by sports stars and other collectibles through blockchain technology.

GameUsed.com by Chiliz will provide suppliers of sports collectibles with full digital authentication services. All items will be authenticated via embedded NFC chips, allowing fans and collectors to easily and quickly verify the authenticity of collectibles using their smartphones.

When the collectibles have the NFC chip, GameUsed.com by Chiliz will issue their corresponding NFT on the Chiliz blockchain. Collectable NFTs will include customizable digital content related to the item, such as sports highlights or creative content, and will include a direct link to the corresponding reserve voucher for each item.

NFTs can be delivered to the customer for auction or sale through their own channels or through any NFT marketplace. GameUsed.com by Chiliz will be available to 170+ partners of Socios.com and will become a decentralized database to certify the authenticity of sports collectibles.

GameUsed.com by Chiliz will thus provide a useful solution for teams and companies looking to bring ownership of collectibles directly to the Web3 environment through NFTs.

GameUsed.com by Chiliz will provide inventory services for all pre-authenticated sports collectibles, securely store inventory and provide proof of reserves and permanent insurance for all stored items. At the point of sale or delivery, GameUsed.com by Chiliz will provide direct logistical and technical support on behalf of customers when an end user redeems an NFT.

“We are extremely excited about the launch of GameUsed.com by Chiliz,” said Alexandre Dreyfus, CEO of Chiliz and Socios.com.

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“At Chiliz, we are building one of the leading sports and entertainment ecosystems, bringing together fans, sports teams and sports retail and service companies. Central to our strategy is to continue to launch services and technology that include traditional sports experiences and fan activities into the Web3 environment.

“We believe that blockchain technology can bring new ways for sports teams and companies to deliver ownership and engagement to fans, and by bringing blockchain authentication and distribution to sports memorabilia through GameUsed.com, we are taking another important step forward in our offering.”

In August 2022, Chiliz announced a 100 million investment in Barca Studios, Barcelonaits center for the creation and distribution of digital content, now called Barca Digital Entertainment, to drive the club’s Web3 strategy.

Chillieswhich has more than 300 employees and nine offices worldwide, has increased by more than 70% in 2022 and will continue to grow in 2023 with the expected launch of the Chiliz Chain 2.0 (CC2) mainnet, the first blockchain specializing in sports – and the entertainment industry.

CC2 will amplify the utility of the original Chiliz $CHZ token, which will become the network enabler for a new, open, multi-vertical ecosystem where major sports organizations will be able to create NFTs and Fan tokens, as well as build DeFi products and Play2Earn games, create event programs, loyalty and merchandising.

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