Chainlink And Chilliz Partner To Mint Tokens For FC Teams

Ethereum-based sports tokenization platform Chiliz (CHZ) made a partnership with blockchain platform Chainlink to permit for real-time nonfungible token creation. Chainlink and Chilliz will work together and mint tokens for football teams as we are reading in the chainlink news today.

In accordance with the announcement of March the 4^th made by Chiliz, the platform has the plan to leverage the capacity of Chainlink to trigger the execution of smart contracts that are based on real-world data and events. This feature will give the opportunity for the minting of NFTs for partners in real-time, based on data securely provided by the network of Chainlink.

This Chainlink and Chilliz will give the opportunity to Chiliz to create NFTs that react to the real world and mint limited-edition collectibles with the goal of commemorating real-time events. The firm explains that, for instance, there will be a possibility to mint tokens when a soccer player scores a hat-trick during a real soccer game. As the announcement emphasizes, Chiliz is a sports tokenization platform that by now achieved to sign deals with major soccer clubs like FC Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, Galatasaray, A.S. Roma, CA Independiente, West Ham. Also, the company also has the goal to make 50 more partners in sports, esports, and entertainment this year.

In February of 2020, Chiliz has partnered with Lagardere Sports and Entertainment, a well-known marketing agency. This partnership has the potential to spark a wide adoption of blockchain-based tokens by American sports fans in order to interact with their favorite teams. Also in February, Chiliz announced the introduction of an integrated membership and fiat-crypto prepaid debit card, which also offers blockchain-based global ID functionality.

As Chainlink sets a new record in the Chainlink coin news, we could see a rumor that the blockchain platform is going to make a “huge announcement.” The community members claimed that Chainlink’s foundational team is closed to signing a big deal with a company whose initials start with the letter “M”. This left the social media world open to different interpretations, and some claimed that M stood for Microsoft and that a potential partnership between Chainlink and Microsoft might be on its way.