Blockchain
Payfoot to Release Fan-Focused Soccer Metaverse(s) with Web3 Leader Cosmic Wire
Payfoot enlists Cosmic Wire, a leader in Web3, to help release their soccer Metaverse Ecosystem for both fans and clubs alike. The Payfoot Metaverse will be live for beta testing on the 30th of September with the launch being announced via their official social media handles https://twitter.com/Payfoot_ and https://www.instagram.com/payfoot_official/.
Payfoot is proud to release the first ever fully fan-focused soccer metaverse and ecosystem. This ultimate fan experience will also allow clubs to enter the metaverse and interact directly with their global fanbase of 4 billion people. While in the Payfoot Soccer Metaverse, fans can participate in one-of-a-kind events, clubs, team experiences, and games amplified by deep social connections as they explore the islands of their favorite clubs in the Payfoot Ecosystem.
The stadium is more than a place to watch the game now, it is a way to live the sport. Payfoot is blazing a path into Web3 immersion by releasing their metaverse and blockchain-based solution for football clubs and fans. This is not only a new way for fans to come together as a whole to celebrate the sport they love, but a new way for clubs to enhance their community, business model, and reach.
In the Payfoot Metaverse:
- Fans via their “avatar”, can meet other fans, develop friendships, share experiences, play games, and participate in events, while also gaining access to limited exclusive club offers and merchandise.
- Clubs can scale their platform and grow their fan community by bringing their organization into the Metaverse. By harnessing Web3 technology, fans from around the globe will be able to interact in new and more meaningful ways with their club and stadium on a dedicated island. All will be able to interact through an integrated social network and fabric of a true living ecosystem.
The central island of the Metaverse ecosystem is the Payfoot Island, a futuristic and ecological island, which offers a series of attractions, games, and activities related to soccer.
Virtual football competitions and leagues will be created under the supervision of the Virtual Football Association (www.virfa.net) chaired by Marco Villiger, ex-Vice President of FIFA, and with a strong involvement of the fans through governance tokens. A soccer democracy is born!
“We share the same vision with the Cosmic Wire team: we strongly believe in digital tools to bring fans closer to their clubs and offer them new experiences. The creation of virtual stadiums will allow all fans around the world, who are not lucky enough to live nearby, to participate much more actively in the life of their club. This is definitely the future, and we are proud to be leading the way, for soccer and tomorrow for other sports,” said Thibault Verbiest, co-founder of Payfoot.
Cosmic Wire builds exceptional experiences utilizing blockchain technology, and community building, including immersive and meaningful adventures. The company’s complete ecosystem offers brands, celebrities, art, and IP collectors the ability to enhance, promote, sell, and license their work. Cosmic Wire’s market advantage includes having a wholly internalized development, marketing, and sales team, allowing us to support clients from concept to close. Cosmic Wire creates immersive experiences with iconic names to expand the scale and scope of the brand and its value.
“Cosmic Wire is proud to empower and amplify Payfoot and their vision of what Web3 can be. We at Cosmic Wire are about the democratization of the space, and empowering creatives to help their visions come to life. Payfoot has a vision, and we are excited to help them bring it to the world,” said Cosmic Wire CEO Jerad Finck.
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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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