Blockchain
Fight to Fame’s Reality TV Show Is Set to Change Sports Entertainment
Fight to Fame, whose “BMS” Model (that’s Blockchain + Movies + Sports) stands to create a new way forward for entertainment at large, with a Reality TV show launching in 2020 which plans to have 13 episodes filmed around the world. Currently in casting for the reality TV Show, the company has robust plans to leverage blockchain to manage contracts and compensation, and allowing fans to directly vote for—and financially engage with—their favorites. Brands will also be able to get in on the action, of course. This approach is revolutionary for fighter’s rights, but it isn’t the most exciting part of the project — the project plans to create a new pipeline directly from the ring to the Hollywood soundstage.
The Fight to Fame reality TV show will track fighters through three separate phases: Preliminary Rounds, Elimination Rounds, and the Grand Finale. The Preliminary Rounds are planned to be filmed in regions around the world and will be looking for fighters with the right criteria to move forward. Only 50 candidates will make it through to the Elimination Rounds where each week the contestants will be pushed to their limits in specific “areas of expertise” required to be an Action Star, which includes movie fighting, action training and stunt work, and weapons training. Fans will be able to vote for their favorite contestants using Fight to Fame’s proprietary FF Token (hence the blockchain component). The final three will compete head to head for the ultimate prize, a contract with a film production company.
The prize for the winner of this reality show—besides mentorship by top fighters like Chris Van Heerden, Roy Jones Jr and Cung Le, and professional fight training from Rigan Machado—is a role in a feature film. The grand-prize winner will receive a contract to star in an upcoming action film, and possibly global stardom.
Sports Entertainment and innovation aren’t the most compatible couple. While the NFL has been using drones and TV technology to create better viewing experiences and esports in gaming, true innovation hasn’t hit in a long time. Similarly, action movies seem to have the same names gracing the marquee over and over. Fighting, Boxing and Wrestling have room to innovate beyond just new matches and storylines. Solving the very real problems that have plagued organizations like MMA for decades could be an opportunity. Fighters are underpaid and tied to contracts that limit their own self-promotion. The majority of the money ends up going back to the parent organizations and to make low-earning worse, fighters are often on the hook for their own medical costs. Generally, only the big names make a living.
SOURCE Fight to Fame
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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